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Why Fintechs are moving to automated compliance

Blog post from Upsun

Post Details
Company
Date Published
Author
Upsun
Word Count
774
Company Posts That Month
20
Language
English
Hacker News Points
-
Post removed?
No
Summary

Financial technology companies are increasingly moving towards automated compliance through infrastructure automation and inherited controls to streamline their operations and reduce the burden of manual compliance work, which hinders delivery speed. Traditional compliance approaches, which require managing every infrastructure layer and extensive documentation, consume valuable engineering time that could be better spent on product development. By deploying applications on platforms like Upsun, which come with certifications such as PCI DSS Level 1, SOC 2 Type 2, ISO 27001, and HIPAA, fintechs can offload a significant portion of infrastructure controls to the provider. Upsun manages these controls at the platform level, offering features like OS-level security, network isolation, and access control, which are crucial for maintaining compliance without interrupting service. This shift to automated controls and infrastructure as code, supported by tools like Git, ensures that configurations are consistent, documented, and auditable in real-time. This not only reduces the scope of compliance assessments but also simplifies third-party risk management and audit processes, allowing compliance teams to focus on strategic oversight rather than manual evidence collection.

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