2015 just came to a close, and 2016 will be a bigger year for fintech companies. More and more firms are turning to financial online tools to handle their daily cash flow. This includes large global firms and startups. The fintech market has made it even easier to start a business and handle your company transactions in the cloud. It’s safer, more robust, and offers more options than a standalone service.
What’s even more promising is that even banks are using fintech markets for their products. This allows even a small startup to integrate their financial institution in the cloud for reporting, transaction tracking, analytics, and accounts payable and receivables. Startups sticking with major financial institutions greatly reduce their risks when co-founders have invested millions in startup costs.
Fintech in Asian markets have grown from $880 million to nearly $3.5 billion. For this reason, the Fintech Finalsin Hong Kong hosted several events and conferences to bring the leaders in financial markets together for thought leadership. Apvera was named one of the finalists that presented on-stage products and leadership.
The event had some of the biggest names in the market, and Apvera was proud to be a part of industry leaders. Other presenters included Everledger, Bitnexo, TradeSocio, Voleo and Wayerz just to name a few.
Apvera led the presentation conference with its high-end security technology that offers fintech markets some of the best in security and threat detection. With the ever increasing adoption of cloud services businesses are in need of a better level of security against common cyber threats including DDoS, social engineering and insider threats.
The finalists were chosen using three different criteria:
- Open applications from startups across the globe
- Receiving nominations from industry leaders and incubator programs
- Winning 6 open pitch competitions in cities across Asia and Singapore
We’re proud to have been a part of the Fintech Finals in Hong Kong and hope to have brought some thought leadership to the market. Fintech is one of the fastest growing markets, which makes it a target for insiders with malicious intent. Apvera provides some of the best service in the market to detect abnormal user behavior, controls to create granular application usage permissions based on employee roles, and even govern and manage third-party external vendors such as contractors and consultants. Our products are SOX, PCI and HIPAA compliant to work with any fintech regulations.