Why banks are increasing their RegTech spend year-on-year - FinTech Global

Retrieved on: 2024-04-03 21:23:47

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Why banks are increasing their RegTech spend year-on-year - FinTech Global. View article details on HISWAI: https://fintech.global/2024/04/03/why-banks-are-increasing-their-regtech-spend-year-on-year/

Summary

The article discusses how Challenger Banks are increasingly investing in Regulatory Technology (RegTech) to navigate complex financial regulations, ensure regulatory compliance, and gain efficiency. This trend is driven by the costs of non-compliance, complexity of regulations, and advantages of FinTech innovations.

Article found on: fintech.global

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