Managing the risk of fintech

There are three areas that throw up both challenges and opportunities: blockchain, Robotic Process Automation (RPA) and PSD2 (Revised Payment Service Directive), the new EU financial regulations that came into effect this year.

Pat Lucey, chief executive, Aspira

For Pat Lucey, chief executive of Aspira, there are three areas that throw up both challenges and opportunities: blockchain, which is something it’s actively involved in helping set a working standard for; Robotic Process Automation (RPA); and PSD2 (Revised Payment Service Directive), the new EU financial regulations that came into effect this year.

With regards to RPA, which is designed to automate repetitive tasks, the inclusion of the term robotic brings with it ...