Hira's JurTech Insights

  Welcome to Hira's JurTech Insights, your go-to source for navigating the intersection of law and technology in the financial sector. As FinTech companies worldwide continue to expand their service offerings, understanding and adhering to regulatory guidelines is more critical than ever. Recently, we explored the latest best practices for outsourcing IT services. Here's a comprehensive guide to help industry professionals stay compliant and thrive in the dynamic FinTech landscape.  Key Focus Areas for FinTech Outsourcing Compliance 1. Timeline for Agreement Amendments: Regulatory bodies worldwide require that existing software development and licensing agreements be reviewed and aligned with current standards promptly. This ensures that companies remain compliant and avoid potential legal pitfalls. Regularly revisiting and updating these agreements is essential for maintaining regulatory alignment. 2. Governing IT Services: Regulatory frameworks cover a broad spectrum of IT s...

 In today's fast-paced world, convenience reigns supreme. Gone are the days of lugging around bulky wallets overflowing with cash. Digital wallets have become our ubiquitous companions, streamlining the way we pay around the globe. But have you ever stopped to ponder the intricate workings behind these seemingly effortless transactions? At Hira's JurTech Insights, we delve into the fascinating intersection of law and technology. Today, we embark on a journey to demystify the world of digital wallets, exploring the key players and the regulatory landscape that fosters a secure and thriving ecosystem. The Digital Payments Orchestra: A Symphony of Collaboration Imagine a well-rehearsed orchestra, each instrument playing its part in creating a harmonious melody. The digital payments landscape functions in a similar manner, with several key participants working in concert: • The Conductors: You & Me. We initiate and receive payments with a simple tap or swipe on our smartphones ...