Papel, one of Turkey’s leading fintech companies, is initiating the artificial intelligence transformation in cyber security with the innovative technologies it has developed. Papel Founder and CEO Seyhan İbrahim Yıldırım said that they aim to increase Papel’s position and value in the sector while providing a safer financial experience for users with the technology investments they have made in this field.
Financial technology stands out as one of the most remarkable sectors of recent years both in Turkey and in the world. Gaining momentum with better user experience, more advantageous services and new generation technologies, the fintech industry continues to make major investments in technology.
Papel, one of Turkey’s fastest growing fintech companies in recent years, continues its investments without slowing down to become a company that not only uses but also produces technology. Stating that Turkey has a very developed legislation in the field of user and data security, Papel CEO Seyhan İbrahim Yıldırım noted that they are doing very important work to bring user security to the highest level.
Lawyer Seyhan Yıldırım stated that they comply with both national and international cyber security standards; ”With developing technology, cyber threats are constantly changing their forms and methods. As Papel, we continue our investments by taking proactive steps in this field.
Artificial intelligence technology, which affects our lives very quickly and radically, also paves the way for very important innovations in the field of cyber security. Processes and applications where artificial intelligence is used effectively will be the main focus of our future investments.
Artificial intelligence will help create more effective defense mechanisms against threats in the field of cyber security. We will stay ahead of our competitors with our cyber security investments and artificial intelligence-focused approach. Thanks to these technologies, we aim to provide safer, more efficient and customer-oriented services.” he said.
“Artificial intelligence can detect possible problems before they occur”
Seyhan İbrahim Yıldırım noted that as Papel, they plan to increase the use of artificial intelligence, especially in threat and malware detection, attack prediction and prevention processes. Yıldırım said that they are accelerating their artificial intelligence studies in order to detect possible problems before they occur and take precautions, adding, “We monitor our infrastructure 24 hours a day, 7 days a week in order to provide uninterrupted and quality service to our customers. We invested in new generation security tools to effectively protect our applications and data. By installing the infrastructure and software we use in a redundant structure, we see it as our top priority to eliminate cyber threats and protect user data even in the worst-case scenarios. In addition, we have made new investments in Identity Verification, Authorization and Incident Response in the past period. “We are planning significant improvements in Cyber Threat Intelligence in the coming period,” he said.
“We offer an innovative Papel experience”
Yıldırım reminded that artificial intelligence can be used effectively against cyber attacks such as ‘social engineering’ attacks. Yıldırım concluded his words as follows: ”With the investments we make in the field of cyber security, we are creating a safer ecosystem for Papel users. We offer an innovative Papel experience by offering an easy, fast and advantageous financial experience and integrating artificial intelligence-supported technologies into our business model. As Papel, we prioritize making a difference in the field of data and user security, as in every field.”
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