How Do FinTech App Development Companies Approach Data Privacy and...

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2026-01-19 09:30:31 -

How Do FinTech App Development Companies Approach Data Privacy and Security in App Development?

Data privacy and security sit at the core of every financial application. FinTech apps manage payments, loans, investments, and identity data. A single flaw can cause financial loss and legal damage. According to IBM’s 2023 Cost of a Data Breach report, the average breach in the financial sector costs USD 5.9 million. Industry studies consistently show that a security incident...

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