FINTECH CHALLENGERS CHARTING A REGTECH COURSE WAY FORWARD, ASSESSING THIRD PARTY AND DIY SOLUTIONS
April 2nd, 2020
The world’s fast-growing digital banking and payments sector requires regulatory compliance software that is as scalable as the fast-growing number of users. Some digital banks are developing systems inhouse, which has certain risks, while others have outsourced regulatory solutions.
These financial institutions – which had 2.4 billion users in 2020 according to UK-based Juniper Research – are also known as neo- or challenger banks, and are characterised by being totally digital, operating through a website and smartphone app and having no physical ...
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