Tag: RegTech

In 2023, new technologies entered the market that brought new challenges for financial services firms to remain compliant, RegTech was given the opportunity to provide the solutions necessary to fix this issue. Whilst the industry may be still relatively unknown beyond the shores of finance, its importance cannot be understated.  

Promon, an application shielding technology firm, recently identified a new cyber threat named FjordPhantom targeting banks in Southeast Asia.

Drata, known as the world's most advanced security and compliance automation platform, has launched its third-party risk management (TPRM) solution.

As another year draws to a close in the RegTech industry, the sector is peering up at a new unexpected leviathan in its midst – Generative AI. The technology, virtually unknown in the mainstream at the start of this year, has created not just new opportunities but completely new challenges for the industry to grip its teeth into.

Trust Stamp has proudly announced its selection for the Independent Community Bankers of America’s (ICBA) ThinkTECH Accelerator program. 

When the world went into lockdown in 2020 in a bid to stop the spread of Covid-19, many companies went into a state of survival. Many were forced to furlough staff and look for loans to ensure they could weather the storm. Building a new startup might have been the last thing some would think to do during this time, but Vall Herard did just that with Saifr.

The UK has recently taken a step in combatting economic crime with the enactment of the Economic Crime and Corporate Transparency bill.

A technology currently firmly having its moment in the sun is artificial intelligence. With the GenerativeAI platform ChatGPT taking the world by storm earlier this year, many onlookers are excited to see what comes next. The role of AI is evolving rapidly, and what is proving able to achieve.

A growing challenge that has been identified in the financial sector this year has been money muling.

Entering its seventh year, RegTech Analyst has unveiled its latest version of the RegTech100, offering a look at the key players making waves in the industry.