FinTech Compliance Costs Hit 20% of Budgets, Driving Developer Hiring to Latin America
US fintech startups turn to Latin America for developers with PCI DSS, SOX, and AML/KYC expertise as regulatory compliance consumes up to 20% of budgets. Regulatory compliance now consumes 15 to 20 percent of operating costs for fintech companies, according to multiple industry analyses. The pressure is acute for startups......