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
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
The second quarter of 2024 has provided key insights into the ever-evolving Regulatory Technology (RegTech) sector. While the overall trend in funding has shown steady growth, a significant decline in deal activity reveals the cautious stance investors are taking in this dynamic market. As
In a landmark decision, the Irish Data Protection Commission (DPC) has imposed a substantial fine of £102 million on Meta, formerly known as Facebook, for failing to encrypt user passwords. This penalty underscores the European Union's stringent stance on data protection and raises important
In the rapidly evolving financial technology (FinTech) landscape, the importance of advanced anti-money laundering (AML) systems has never been more critical. The surge in digital transaction volumes continues to pose significant challenges for financial institutions globally. With an astounding
Dotfile, a promising French RegTech startup, recently celebrated a significant milestone: the completion of a €6 million fundraising round. Founded in 2021, the company aims to revolutionize compliance processes through its AI-powered platform, with a particular focus on &
