Banking RegTech: What Is It, and Why Is It Important?

View of banking RegTech innovation
Categories of financial RegTech
  • Tracking new and updated regulations in the industry,
  • Analyzing new documentation,
  • Adopting regulations according to specific business demands,
  • Visualizing data, and
  • Assisting in training employees on their obligations.
The RegTech process
  • Thresholds
  • Suspicious actions
  • Records
  • Personnel supervision
  • New and updated regulations
  • Market changes.
Custom vs. ready-made RegTech

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
CHI Software

CHI Software

We solve real-life challenges with innovative, tech-savvy solutions. https://chisw.com/