Upholding Standards: Overcoming the Major Challenges in FinTech

Upholding Standards: Overcoming the Major Challenges in FinTech

​​Voted best Crypto Exchange UK by Forbes Advisor July 2024, Uphold is a multi-asset digital money platform offering financial services globally.

Built on a core of proprietary technologies and e-money apps, Uphold embraces a future where people and businesses around the world have access to safe, transparent, fair, and affordable financial services.

Celebrating 10 years in business in 2024, Uphold is considered the first in its sphere to truly offer a patented Anything-to-Anything trading experience, allowing customers to trade directly between asset classes.

“Our core mission as a web3 financial platform is to provide infrastructure for anybody building on the blockchain,” explained Chris Adjei-Ampofo, Chief Information Officer (CIO) of Uphold, “This includes licensing, the control framework, and access to a wide range of digital assets”.

With over 20 years of experience in the financial sector, including the development and sale of his own software company, Knowledgewire, Chris is at the forefront of fintech.
Since joining the firm, Chris has played a pivotal role in the cultural change of information security and data privacy at Uphold.

“Implementing security and fraud controls is only part of the toolset needed to company cyber risks. People are always the weakest link and changing the company culture in which everyone embraces our information security obligations without it being burdensome is worth its weight in gold,” he highlighted.

Chris spoke with Business Enquirer about the challenges faced by CIOs in the fintech sector, and where financial institutions should be investing their focus in the ever expanding realm of emerging technologies.

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