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Regulatory technology, is a new technology that uses information technology to enhance regulatory processes. With its main application in the Financial sector, it is expanding into any regulated business with a particular appeal for the Consumer Goods Industry. Often regarded as a subcategory under FinTech, RegTech puts a particular emphasis on regulatory monitoring, reporting and compliance and is thus benefiting the finance industry.
In the ever-evolving landscape of global trade, Artificial Intelligence (AI) models emerge as prescient fortune-tellers, predicting the unpredictable by identifying unusual trade patterns before they ...
Increasing geopolitical instability, regulatory developments, and technological advances are set to contribute to a rapidly changing anti-money laundering (AML) landscape in 2024. Here, we look at eac...
Since January 1, 2024, the U.S. government now requires many firms to report information about who ultimately owns and controls them as an effort to ‘make it harder for bad actors to hide or benefit f...
Introduction: The financial industry has been significantly transformed by the Regtech, which has brought about substantial changes to compliance procedures, risk administration, and regulatory disclo...
Efficiently accessing the data they need is a core challenge for organizations conducting due diligence and ongoing risk monitoring for corporate customers and suppliers. The information needed often ...
The reputation of blockchain has taken a severe beating in recent years. The spectacular collapse of FTX, plus how regulators are turning against crypto currency businesses built on blockchain technol...
While communications surveillance has become a more pressing requirement in recent years, the truth is that most of the current generation of platforms was built 20 years ago. Society has changed a lo...
The Securities Exchange Commission’s (SEC’s) primary function is to protect investors, by drafting and enforcing regulations which hold firms accountable for their actions. One fundamental example of ...
As more banks concentrate on digital transformation to power growth and operational efficiency, the opportunity to simultaneously leverage technology to mitigate risk and promote transparency - partic...
According to Wikipedia, “in science, computing, and engineering, a black box is a system which can be viewed in terms of its inputs and outputs, without any knowledge of its internal workings. Its imp...
Money moves the economy, and the world. By making it easier to move money, we make it easier to foster entrepreneurship, and we create opportunities for growth. Hence, it’s natural to feel very optimi...
By all reports, investment money is flowing into Japan. With the Nikkei up over 30% this year, it appears that Japan is on the other side of its “lost decade”. The Nikkei has not been this high since ...