Study recent ‘unicorns’ like Brex, Paxos, and Chime and a critical observation surfaces: These companies even innovate in internal functions, including risk management. To explore this, LendIt and ComplyAdvantage recently collaborated on a market survey to assess fintech risk program maturity and to understand the risk process profiles of top performers. We also highlight paths to outperformance, including exploring technology, key processes, and ideas to shift legacy mindsets.
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