RegTech is Revolutionizing AML Compliance

By Brian Creagh
| 11/15/2017
This article explains how the increasing prevalence of RegTech – technology that tackles compliance challenges confronting financial institutions – is changing the face of compliance and financial crime prevention. It also discusses some of the hurdles banks encounter when trying to take advantage of enhanced technology, including the need for multiple vendors, the scarcity of expertise, and regulators’ risk averse approach to new techniques.