Regtech: What It Is and What It Means for the Future of Financial Technology
What is regtech? Regulatory Technology is an emerging field that applies new technologies to manage the administration of regulatory requirements, and is considered a subset of fintech (technologies that make financial activities more efficient).Here’s how John Dwyer, senior research analyst at Celent, explains the growth of regtech. “By harnessing technology to improve and optimize a financial institution’s ability to comply with its regulatory requirements...
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