A regulatory sandbox is a controlled environment where businesses can test innovative products, services, or business models under relaxed regulatory requirements while ensuring consumer protection and risk management. In an era where innovation in constant, do regulatory sandboxes represent a vital step forward? According to RelyComply, regulatory sandboxes are a key recommendation in the Wolfsberg Group...Read More
Founded in 2020, Boston-based Saifr uses advanced AI technology to efficiently and effectively identify possible compliance and regulatory risks in content creation, adverse media screening, and e-communications for financial services and other firms. Saifr’s products help clients save time, reduce costs, and improve accuracy while protecting the business. According to Vall Herard, CEO of Saifr, 2024...Read More
2024 was another strong year of growth for the RegTech sector, with the industry gathering more eyes on the space than ever before. With strong growth predicted going forward, 2025 could be yet another red-letter year for the fledging market. FinTech Global recently took the time to talk with some of the biggest players within the...Read More
As consumer expectations continue to rise in step with regulatory demands, fraud and compliance teams face a pivotal challenge: how to scale operations without sacrificing security. According to Trustfull CEO Marko Maras, the key lies in leveraging open-source intelligence (OSINT)—a transformative tool that taps into publicly available data to deliver unrestricted, global insights. While open source intelligence,...Read More
RegTech Analyst has unveiled the latest edition of its RegTech100 ranking, underlining some of the top RegTechs you need to keep an eye on in the RegTech industry. The 2025 RegTech100 list shines a light on a plethora of the biggest disruptors and market leaders in regulatory technology that are supporting financial institutions with managing...Read More
Originally introduced to the UK Parliament by the previous Conservative government, the Digital Information and Smart Data Bill has been taken forward by the current Labour government, with the legislation currently at the Committee stage in the House of Lords. The DISD Bill will be aimed at bolstering access and the sharing of data in...Read More
Federated learning is a machine learning technique that enables multiple entities to train a model together while keeping their data decentralized. In an era where AI models are taking shape, such a technology will be able to play a key role in the expansion of RegTech. In the view of Laurence Hamilton, CEO of Consilient, the...Read More
The discussion around artificial intelligence isn’t likely to conclude anytime soon, with many industries looking to the expanding technology to understand how they can benefit from it. In the area of economic crime, what role could AI play in bringing down burdensome costs? In the view of Joseph Ibitola, growth manager at Flagright, AI has already...Read More
As the age of digitalised regulation comes closer into the view, there is growing discussion around the role of machine-readable and executable regulation in the financial industry. According to Michael Thirer, legal director of Muinmos, the role of such a technology may very easily grow beyond what its users could have imagined. He said, “In Greg...Read More
The Artificial Intelligence Act officially came into force on 1 August 2024. The Act, one of the first of its kind, establishes a common regulatory and legal framework for AI within the European Union. How will it impact the financial sector? According to Susie Mackenzie, head of legal analysis at Corlytics, regulating AI represents a challenge...Read More
