
Wed Sep 25 07:54:33 UTC 2024: ## Finbridge Global Launches InfoSec Badge to Streamline Fintech Security Compliance
**London, September 25, 2024** – Finbridge Global, a leading platform connecting financial institutions and fintech companies, has announced the launch of its new InfoSec Badge in partnership with cybersecurity and risk consultancy i-confidential. The badge aims to simplify and streamline the information security compliance process for fintech companies seeking partnerships with financial institutions.
Traditionally, fintechs have faced the burden of responding to numerous security assessments from different financial institutions, often leading to inefficient and time-consuming processes. The InfoSec Badge offers a solution by providing a standardized security framework developed by i-confidential. This comprehensive assessment meets the needs of multiple financial institutions, reducing redundancy and speeding up the onboarding process.
“Our partnership with i-confidential has allowed us to create a highly effective solution to tackle an industry-wide challenge,” said Barbara Gottardi, CEO and founder of Finbridge Global. “The InfoSec Badge enables fintechs to showcase their security readiness while helping financial institutions conduct due diligence more efficiently.”
The badge assesses governance, risk management, and technical controls, demonstrating a fintech’s commitment to good cyber hygiene and resilience – a critical factor in the financial sector with upcoming regulations like DORA emphasizing third-party resilience.
The InfoSec Badge is now available on the Finbridge Global platform. Existing fintechs can access it through their profile, while new companies can register and unlock the badge after completing their initial FinBadge. Finbridge Global and i-confidential offer support and guidance to fintechs throughout the assessment process, assisting companies working towards full compliance.
This initiative is expected to significantly benefit both fintechs and financial institutions by streamlining the security compliance process and creating a more secure and efficient ecosystem.