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Are low-code platforms safe for banks?

Yes, low-code platforms can be perfectly safe for banks to use as long as they meet strict security and regulatory requirements. In practice, it means that the platform provider must conduct regular security audits and maintain compliance with relevant industry standards. Banks should also establish clear usage policies and access control mechanisms for the purpose of protecting sensitive data. When those conditions are met, low-code development platforms can be as secure as traditionally developed banking systems.

Authors

Fabian
Fabian