In the dynamic and rapidly evolving fintech industry, regulatory compliance and risk management are crucial for maintaining trust and ensuring sustainability. One critical component of this regulatory framework is the Know Your Business (KYB) process. KYB involves verifying the legitimacy and credentials of business clients and partners, ensuring they are who they claim to be, and assessing their potential risks. In the fintech world, KYB is essential for mitigating fraud, ensuring compliance with regulations, and fostering a trustworthy ecosystem.

There is no shortage of news headlines about companies falling victim to cyber breaches and the astounding costs associated with them. According to the IBM Cost of a Data Breach Report 2023, the global average cost of a data breach in 2023 was $4.45 million, a 15% increase since 2020. For the financial services industry, the cost is even higher at $5.9 million per breach; that is 28% above the global average.

Bitcoin (BTC) is the first and most well-known cryptocurrency, often referred to as digital gold. It operates on a decentralised network and offers a secure and transparent method for conducting peer-to-peer transactions. As the pioneering cryptocurrency, Bitcoin has set the standard for the digital asset market and continues to be a preferred investment choice. For those looking to enter this market, understanding how to buy Bitcoin in India can be an essential step toward building a diversified investment portfolio.

The integration of artificial intelligence (AI) in the finance sector has seen a dramatic surge over the past decade. Key technological advancements like increased computing power, improved algorithms, and the availability of big data have paved the way for AI to transform brokerage operations.