Trulioo Lands on the RegTech100 list

1 month ago 15
ARTICLE AD BOX

[email protected] December 8, 2021

The caller RegTech100 database for 2022 is launched today. Now successful its 5th edition, the database recognizes the world’s astir innovative exertion solution providers that connection products and services successful the areas of compliance, hazard management, accusation information and fiscal crime.

The RegTech (regulatory technology) manufacture has experienced accelerated maturation implicit the past 2 years arsenic fiscal institutions dealt with rising tide of regulatory changes and rules updates brought by distant moving and accrued usage of integer channels station Covid-19. As a result, RegTech spending by banks and different highly regulated institutions is projected to transcend $130bn by 2025.

Thus, it’s not astonishing this year’s process to place the 100 RegTech innovation leaders was much competitory than ever. A sheet of analysts and manufacture experts voted from a longlist of astir 1,200 companies produced by RegTech Analyst, a specializer probe firm. Sixty caller companies entered the RegTech100 for 2022 and the finalists were recognized for their innovative usage of exertion to lick a important manufacture problem, oregon to make ratio improvements crossed the compliance function.

RegTech Analyst manager of probe Mariyan Dimitrov said, “Banks and different fiscal institutions are investing heavy into AI capabilities to automate highly manual regulatory tasks, enactment integer onboarding processes and show for fraudulent activity. The RegTech100 database helps them filter done each the vendors successful the marketplace by highlighting the starring companies successful sectors specified arsenic individuality verification, hazard management, communications monitoring, accusation information and fiscal transgression prevention.”

A afloat database of the RegTech100 for 2022 and elaborate accusation astir each institution is disposable to download for escaped at www.RegTech100.com.

Read Entire Article