• Data Storage & Security
  • Fintech
  • Regtech
  • Financial Services

Data Storage & Security:

Moneta data storage security involves protecting storage resources and the data stored on them – both on-premises and in external data centers and the cloud – from accidental or deliberate damage or destruction and from unauthorized users and uses. It's an area that is of critical importance to enterprises because the majority of data breaches are ultimately caused by a failure in data storage security.

Moneta-designed data storage security is also mandated by various compliance regulations such as PCI-DSS and the EU's General Data Protection Regulation (GDPR), thus adding legal weight to storage security demands. Increasingly, security companies are tailoring security solutions to help companies comply with those regulations, such as the growing market for GDPR solutions.

In general, good data storage security minimizes the risk of an organization suffering data theft, unauthorized disclosure of data, data tampering, accidental corruption or destruction, and seeks to ensure accountability and authenticity of data as well as regulatory and legal compliance.


Fintech is a term used to describe financial technology, an industry encompassing any kind of technology in financial services - from businesses to consumers. Fintech describes any company that provides financial services through software or other technology and includes anything from mobile payment apps to cryptocurrency.

Broadly, fintech describes any company using the internet, mobile devices, software technology or cloud services to perform or connect with financial services. Many fintech products are designed to connect consumers' finances with technology for ease of use, although the term is also applied to business-to-business (B2B) technologies as well.

Fintech has made inroads with dozens of applications and has changed the way consumers access their finances. From mobile payment apps like Square (SQ) - Get Report to insurance and investment companies, fintech has disrupted traditional financial and banking industries - and potentially poses a threat to traditional, brick-and-mortar banks or financial institutions.

Initially, fintech referred to technology that was applied to the back-end systems of banks or other financial institutions - but has since grown to encompass a plethora of other applications that are more consumer-focused. In 2020, it is possible to manage funds, trade stocks, pay for food or manage insurance through this technology (and often on your smartphone).


Regtech is a community of tech companies that solve challenges arising from a technology-driven economy through automation. The rise in digital products has increased data breaches, cyber hacks, money laundering, and other fraudulent activities.

With the use of big data and machine-learning technology, regtech reduces the risk to a company’s compliance department by offering data on money laundering activities conducted online—activities that a traditional compliance team may not be privy to due to the increase of underground marketplaces online.

Regtech tools seek to monitor transactions that take place online in real-time to identify issues or irregularities in the digital payment sphere. Any outlier is relayed to the financial institution to analyze and determine if fraudulent activity is taking place. Institutions that identify potential threats to financial security early on are able to minimize the risks and costs associated with lost funds and data breaches.

Regtech companies collaborate with financial institutions and regulatory bodies, using cloud computing and big data to share information. Cloud computing is a low-cost technology wherein users can share data quickly and securely with other entities.

A bank that receives huge amounts of data may find it too complex, expensive, and time-consuming to comb through. A regtech firm can combine complex information from a bank with data from previous regulatory failures to predict potential risk areas that the bank should focus on. By creating the analytics tools needed for these banks to successfully comply with the regulatory body, the regtech firm saves the bank time and money. The bank also has an effective tool to comply with rules set out by financial authorities.
Moneta Industries

Financial Services:

The financial services sector provides financial services to people and corporations. This segment of the economy is made up of a variety of financial firms including banks, investment houses, lenders, finance companies, real estate brokers, and insurance companies. As noted above, the financial services industry is probably the most important sector of the economy, leading the world in terms of earnings and equity market capitalization. Large conglomerates dominate this sector, but it also includes a diverse range of smaller companies.

According to the finance and development department of the International Monetary Fund (IMF), financial services are the processes by which consumers or businesses acquire financial goods.1 For example, a payment system provider offers a financial service when it accepts and transfers funds between payers and recipients. This includes accounts settled through credit and debit cards, checks, and electronic funds transfers.

Companies in the financial services industry manage money. For instance, a financial advisor manages assets and offers advice on behalf of a client. The advisor does not directly provide investments or any other product, rather, they facilitate the movement of funds between savers and the issuers of securities and other instruments. This service is a temporary task rather than a tangible asset.

Financial goods, on the other hand, are not tasks. They are things. A mortgage loan may seem like a service, but it's actually a product that lasts beyond the initial provision. Stocks, bonds, loans, commodity assets, real estate, and insurance policies are examples of financial goods.

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