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ITU Workshop on Fintech Security

​Geneva, Switzerland, 26 August 2019

Contact: tsbevents@itu.int

Introduction

The International Telecommunication Union (ITU) organized a workshop on Fintech Security which took place on 26 August 2019 in ITU headquarters, in Geneva, Switzerland. The workshop took place a  day before the ITU-T Study Group 17 meeting  held from 27 August -5 September 2019 at the same venue.

Fintech refers to the use of ICT technologies across all financial service functions, for example, banking, payments and insurance, etc. Mobility and online payment are two main drivers for the Fintech innovation.

Fintech represents the next wave of innovation for the financial service sector. Strong authentication technologies, emerging decentralized technologies like blockchain, analytical technologies for fraud detection and anti-money laundering compliance are changing digital financial services. Security and privacy aspects must be the top priority in order to build trust and confidence in Fintech services and applications and to protect financial infrastructure and customers. 

Objectives

The objectives of the workshop included:

Target Audience
ITU Member States, ICT Policy Makers & Regulators, Fintech Policy Makers & Regulators, Fintech service providers; ICT service/platform providers, Mobile operators, International Standards Organizations, NGOs interested in Fintech security.

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