Reg Tech: a regulatory revolution shaping the future of digitization, consent, and compliance

FinTech companies are constantly applying innovative technologies and evolving business concepts to tackle the latest challenges that consumers and firms face. Of these challenges, one priority is managing and simplifying regulatory risk and compliance. RegTech (Regulatory Technologies) are solutions that help businesses enhance their compliance capabilities while improving efficiency and cost-effectiveness. RegTech is a new term that describes a range of technology solutions that regulated businesses can utilize to assist them satisfy their regulatory and compliance duties