From Compliance Burden To Competitive Advantage: Rethinking GRC In The Tokenized Economy
Governance, Risk, and Compliance (GRC) frameworks are often seen as operational costs, but a new approach embeds governance directly into system architecture. This shift from reactive controls to proactive design is particularly relevant in payment tokenization, where downstream processes like refunds and disputes still often rely on sensitive data. By redesigning these workflows to use token-based relationships instead of sensitive identifiers, privacy exposure can be significantly reduced while improving audit accuracy. AI
IMPACT Proposes a new architectural approach for GRC that could improve efficiency and security in financial systems, particularly with tokenization.