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North America Is Expected To Account For Largest Share Of Global Regtech Growth Through 2025


North America Is Expected To Account For Largest Share Of Global Regtech Growth Through 2025
Financialnewsmedia.com News Commentary
PALM BEACH, Fla., Feb. 4, 2021 /PRNewswire/ Regulatory Technology (a.k.a. RegTech) is any technology that aims to standardize regulatory processes, create unambiguous interpretations of the regulations, and, most important - automate the compliance process. RegTech is a sub-class of FinTech and has gained prominence since 2015. Rising penalties for non-compliance with regulations are anticipated to further fuel the growth. RegTech solutions with real-time compliance analysis help connect regulators and businesses while protecting the interests of consumers. The Institute of International Finance has defined RegTech as the use of new technologies to meet compliance and regulatory requirements more efficiently. RegTech involves the use of tools to enhance the stringency of regulations and minimize the compliance risks associated with the busin ....

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Financial News Media | North America Is Expected To Account For Largest Share Of Global Regtech Growth Through 2025


Palm Beach, FL – February 4, 2021 – Regulatory Technology (a.k.a. RegTech) is any technology that aims to standardize regulatory processes, create unambiguous interpretations of the regulations, and, most important automate the compliance process. RegTech is a sub-class of FinTech and has gained prominence since 2015. Rising penalties for non-compliance with regulations are anticipated to further fuel the growth. RegTech solutions with real-time compliance analysis help connect regulators and businesses while protecting the interests of consumers. The Institute of International Finance has defined RegTech as the use of new technologies to meet compliance and regulatory requirements more efficiently. RegTech involves the use of tools to enhance the stringency of regulations and minimize the compliance risks associated with the business. According to a study of the World Bank, a robust regulatory framework can help boost GDP growth by more than 2% annually. In addition to the ....

United States , Matt Francis , Venkatesh Kirupakaran , Jay Wenjie Xiao , Sridhar Raju , Venugopal Thiyyagura , Frank Bisignano , Thomas Nash , Xalles Holdings Inc , Fiserv Inc , Fn Media Group , Regulatory Technology , Technology Officer , View Research , Ondot Systems Inc , Protominds Inc , Crown Solutions , Digipay Limited , Gamestop Corp , Lexinfintech Holdings Ltd , World Bank , World Most Admired Companies , Exchange Commission , Xalles Holdings , Fintech Group Inc , Institute Of International ,