The RegTech sector has gained significant traction in the financial industry over the past few years, with global adoption accelerating. According to market projections, the RegTech market is expected to hit $25.19bn by 2028, driven by financial institutions’ need to navigate mounting regulatory pressures. Financial organisations continue to grapple with compliance challenges, often requiring a...Read More
FinTech Global recently spoke with Corlytics CEO John Bryne to find out more about the story of the company so far and what is to come for the Irish RegTech enterprise. Founded in 2013, Corlytics is a global RegTech consolidator, a leader in regulatory intelligence, content and automated policy compliance and attestation. The firm claims to deliver...Read More
The vast and breakneck expansion of in-house AI solutions is leading to many companies scrambling to ensure such solutions are complaint and strongly secure. What role can RegTech play in this challenge? According to Joseph Ibitola, growth manager at Flagright, as AI becomes more entrenched in financial institutions – especially in-house AI solutions tailored to specific...Read More
Whilst the rise of artificial intelligence has been a long time in the works, the year of 2023 saw AI in the form of Generative AI explode into the mainstream. As it continues to rise and grow in stature, could the technology lead to an industry meltdown and cause a financial crisis? In the view...Read More