Tag: regulatory
Regulatory Challenges in Fintech: Balancing Innovation and Consumer Protection
The fintech industry, a dynamic and rapidly evolving sector, is revolutionising the traditional financial landscape. With innovations like mobile banking, digital wallets, and blockchain technology at the forefront, fintech is leading a financial revolution. However, this rapid growth brings significant regulatory challenges, primarily in balancing the need for innovation with the imperative of consumer protection.…
What is Regulatory Technology or RegTech?
The demand in terms of compliance is ever-increasing within the financial services industry. As a classic example of efficient market dynamics, it means that a number of innovative RegTech startups, such as Pichain, seized this opportunity and started to flourish to meet those demands. To put it simply, RegTech is a combination of the words…