If you work in finance and are subject to AML/KYC (anti money laundering, know your customer) laws, then it's not whether or not you encrypt data. You cannot encrypt the data in a way that is not accessible under those laws for the transactions you perform.
So that has nothing to do with the mechanism of securing data and everything to do with the finance organization compliance with the laws.
"Fintech" is a fancy word for a company doing financial applications, not a copout on financial regulations by using the "tech" word as an excuse.
There are a bunch of standards requiring encryption at rest and encryption in transit of PII and other data in finance. That does not mean that authorized users do not have access to it.
So that has nothing to do with the mechanism of securing data and everything to do with the finance organization compliance with the laws.
"Fintech" is a fancy word for a company doing financial applications, not a copout on financial regulations by using the "tech" word as an excuse.
There are a bunch of standards requiring encryption at rest and encryption in transit of PII and other data in finance. That does not mean that authorized users do not have access to it.