With the implementation of the General Data Protection Regulation (GDPR) in May 2018, a global standard for data protection was established, compelling organizations to prioritize the privacy of EU residents. Fast forward to July 2024, the regulatory landscape has become even more stringent with
The regulatory technology (RegTech) market is on a compelling trajectory, poised to expand from $13.2 billion in 2023 to an impressive $65.7 billion by 2032. This growth is spurred by advancements in technology, increasing regulatory complexity, and a rise in digital transactions. As businesses
The intersection of cybersecurity and fintech has become a critical talking point in today’s digital age. With fintech's global surge, understanding how various regions approach cybersecurity to foster fintech growth is essential. A recent study sheds light on this vital relationship, delving i
The financial industry is contending with an ever-increasing array of regulatory requirements. The advent of machine-readable (MRR) and machine-executable regulation (MER) technologies promises to streamline compliance processes, increase accuracy, and reduce costs. However, the journey toward
Uruguay has taken a groundbreaking step in the evolving world of cryptocurrencies with the enactment of Bill 20.345, establishing itself as a leader not only in the region but also globally. This forward-thinking legislation categorizes cryptocurrencies distinctly from fiat currency, creating a
In today's fast-paced digital business environment, small and medium-sized enterprises (SMEs) face significant regulatory demands that can be overwhelming without the right technological support. Regulatory Technology, or RegTech, has emerged as a critical solution to help SMEs manage these
