FINTECH
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Services
BridgePoint is specialized in Financial Technology (FinTech) and offers competitive services and opportunities for business incorporation in the UAE, along with targeting compliance guidelines for FinTech institutions. Particularly with Dubai as one of the leading hubs for FinTech startups and established institutions, with a variety of programs aimed at acceleration, funding, innovation and co-creation.
FinTech compromises of all technologies that are applied to improve financial service activities, including mobile applications for banking, investing and borrowing services, asset management, financial platforms, cryptocurrency and digital assets, blockchain platforms, quant trading, algo-based financial applications, robo advisory etc.
As the Fintech industry is highly regulated, it is important to know and comply with the regulatory authorities, laws, legal limitations and requirements, particularly with the recent amendments to Data Protection Regulations. This includes obtaining prior approval from the relevant Financial Services Authorities.
The Data Protection Regulations covers all businesses that interact with customers’ data. Typically, FinTech regulations include anti-money laundering (AML) policies, Know Your Customer (KYC) compliance requirements, and adherence to the Payment Card Industry Data Security Standard. It may also be required to operate digital certificates and other standardized authentication methods.
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