Stored card systems in FinTech are crucial for seamless payments but are increasingly vulnerable to cybersecurity threats.
Cybersecurity threats in FinTech include data breaches, synthetic identity fraud, MITM attacks, and regulatory compliance challenges.
Strategies for future-proofing stored card systems include tokenization, Zero Trust architecture, AI-driven threat detection, secure application development, regular security audits, and user education.
Future success in FinTech requires proactive defense strategies that evolve with emerging cyber threats to safeguard customer data and maintain trust.