Topic 1: Regulatory Compliance 💼

• 🚨 Detecting Fraud, Risk Management, and Customer Identity Verification (KYC)
• 🛡️ Sanctions Regimes (Sanctions) and Anti-Money Laundering (AML) for Virtual Currencies & Prepaid Cards
• 🔍 AI-powered Data Cleansing and Surveillance Systems to Identify Suspicious Activities

Fraud Prevention: 🚫

• 🔍 Improves Detection Accuracy
• 🌐 Increases Flexibility and Scalability
• 🔒 Enhances Security
• 💰 Reduces Cost of Operation

Predict Anomalies in Real-Time: 🕰️

• 🧭 Create a Holistic Picture of Customers
• 🚨 Better Predict Transaction Anomalies

Protect Data: 🔒

• 📜 Ensure Regulatory Compliance
• 🔐 Industry-Leading Encryption, Access Controls, and Data Protection Protocols

Change Streams: 🔄

• 👀 Monitoring Database Changes in Real-Time

Operational Data Store (ODS): 🗃️

• 💾 Handle Large Amounts of Data
• 🚀 Capture, Store, and Process High-Volume Transactional Data in Real-Time

Regulatory Compliance: 📜

• 💳 Payment Card Industry Data Security Standard (PCI)
• 🌍 General Data Protection Regulation (GDPR)
• 🔑 California Consumer Privacy Act (CCPA)
• 💳 Payment Services Directive 2 (PSD2)
• 🌳 Sustainable Finance Disclosure Regulation (SFDR)
• 🔑 Role-Based Authorization Controls
• 🗺️ Geospatial & Network Graph Analytics
• 🌍 Identify Physical Risks Associated with Climate Change (e.g., Floods, Wildfires)
• 🔮 Predictive Approach to Understand Intricate Patterns

🔒 Topic 2: Zero Trust 🔑

Zero Trust: 🕸️

• 🔒 Cybersecurity Approach
• 🔐 Limit Users' Opportunities to Compromise Security
• 🚫 Limited Connectivity to the Internet
• 👤 Robust Authentication for All Users
• 🔒 Strictly Limit Access to Data
• 🔐 Encrypt Data
• 🔑 All Actions Must Pass Through User Authorizations
• ✅ Allow Users to Authenticate Themselves

Security by Default: 🔒

• 🌐 Configure IP Access Lists
• 🔑 Allow Attempts to Authenticate to Database

Auditing Capabilities: 🔍

• 👀 Track Suspicious or Unexpected Behavior by Event, User, or Role

Reference:

https://www.mongodb.com/solutions/industries/financial-services/fraud-prevention
Fraud Prevention with MongoDB

https://www.mongodb.com/library/financial-services/powering-innovation-fin-serv-ai?lb-mode=overlay
Powering Innovation in Financial Services with Artificial Intelligence

MongoDB: Capabilities for Use in a Zero Trust Environment
https://www.mongodb.com/library/financial-services/wp-mongodb-capabilities-for-use-zero-trust-environment?lb-mode=overlay

Editor

Danny Chan, specialty of FSI and Serverless

Kenny Chan, specialty of FSI and Machine Learning