Auditing fintech and KYC regtech: establishing assurance for fintechs and banking institutions
Innovative solutions in digital technology have transformed many industries, and this is no truer than in the banking and financial services sector. Through the development of new algorithms and the adoption of existing artificial intelligence (AI), fintechs, banks, credit unions and other financial institutions are continuing to enhance operations, engage customers and make day-to-day operations more efficient.
However, where is the assurance when fintechs themselves are serving regulated markets but not themselves regulated in the same manner? And how do those companies gain assurance that their financial technology is doing what it promises and that internal control processes are adequate in mitigating unique risks?
Join Baker Tilly and Socure for an informative webinar that will discuss the development process of new fintech algorithms while also ascertaining its accuracy. Our team of Value ArchitectsTM will discuss:
- Best practices when building a model and creating an algorithm to solve a problem or create an efficiency at a fintech or financial institution
- How companies can use internal audit or attestation reports to verify the accuracy of their financial technology, establish regulatory compliance and build trust with their customers
- What fintechs and banking institutions need to know when partnering together to develop or implement a new financial technology
Who should attend
- C-Suite executives as well as risk, internal audit, technology and product development professionals at fintechs, banks, credit unions, consumer lending and other financial services institutions
Learning objectives
- Identify best practices when building a model and creating an algorithm for a financial technology
- Recognize how internal audit or attestation reports can verify the accuracy of financial technology, establish regulatory compliance and build trust with their customers
- Understand what fintechs and banking institutions need to know when partnering together to develop or implement a new financial technology
Presenters
- Mark Boettcher, CPA, CISA, CBCP, Partner – Baker Tilly
- Joshua Linn, Senior Director of Product Management – Socure
Information about CPE eligibility
There are no prerequisites for this webinar, and advance preparation is not required. There is no cost to attend this webinar.
Level: Overview
CPE credit: One (1) hour total credit
Field of study: Specialized knowledge (SK)
A certificate of completion will be emailed to you four to six weeks after the event.
For more information regarding administrative policies such as complaint and refund, please contact our offices at +1 (608) 240 2522.
Baker Tilly US, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: learningmarket.org.