The financial technology sector is combatting an unprecedented uptick in identity fraud, with a 73% rise in such crimes from 2021 to 2023. Advanced AI tools are the double-edged swords exacerbating and combatting this issue, leading to an arms race between fraudsters and financial institutions.
A significant event held in Derry recently aimed to showcase the North West region’s burgeoning potential in addressing universal challenges through regulatory and supervisory technology, commonly known as RegTech. The event was organized collaboratively by Derry City and Strabane District Council,
The Digital Personal Data Protection Act, 2023 (DPDP) is a groundbreaking piece of legislation in India aimed at establishing a comprehensive framework for the processing of personal data. This act focuses on safeguarding individual rights while facilitating the lawful use of data for legitimate
In an era where regulations evolve at a breakneck pace and compliance standards grow increasingly complex, the need for effective regulatory technology has never been more critical. The RegTech Forum held at the historic Great Hall on Ulster University’s Magee Campus brought to light the North W
The Reserve Bank of India (RBI) is embarking on an evolutionary leap in the financial technology space with its latest framework designed to enhance governance and standardize practices within the fintech sector. Recognizing the rapid growth and the pivotal role fintech plays in the larger
In today’s rapidly evolving digital landscape, managing and responding to cyber threats has grown increasingly complex. Cyber threats are becoming more sophisticated, forcing organizations to fortify their defenses to protect sensitive data and infrastructure against potential breaches. Managed D
