Growth in the financial services industry shows no signs of slowing down, with experts predicting the sector will continue growing at a rate several times that of inflation over the next half decade. E-payments have broken down borders as people all over the globe buy and pay for products online, but with that comes the challenges of data regulations and compliance in different countries. With regulatory pressures building by the day, ensuring customer data is globally compliant with data regulations will be a key part of the financial services industry’s story in the coming years.
See more about how data residency will impact the financial services industry by downloading our research here.
