At last week’s regtech futures summit in Amsterdam, organised by FinTech Futures and supported by Banking Technology, the potential of regtech innovators to re-imagine compliance – reducing the cost, creating more robust systems and creating new opportunities for deeper digitisation – was discussed in depth. An understanding of failings of current systems and the potential to create something much better was clearly demonstrated by a broad range of stakeholders, including regulators, innovators, and incumbent financial institutions, but the practicalities of bringing it all to fruition face a number of barriers. Read more: bankingtech.com
