RegTech, or regulatory technology, refers to the technology used by companies to monitor and ensure they are abiding by various regulatory standards and compliance laws. In other words, it is the act of using computers to make sure all legal ducks are in a row. Why? Running a company, whether it’s a startup, food truck, or international bank can be tricky. Once you throw in hundreds of laws, compliances, and regulations CEOs have to abide by, the waters just get murkier while the opportunities for financial losses increase. Companies are turning to the RegTech field to protect themselves against such losses. It’s a new sector that’s growing fast, and as such,
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