Tag "regtech"

Will Singapore Become a Regtech Leader? Regulatory Reporting 2.0

Regtech has grown from a niche to one of the most promising and exciting areas in the financial world. Regulatory technology, commonly known as regtech, is a classification of technology specifically addressing regulation and compliance issues in the financial industry.

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Fintech in Asia: Adoption, VC Funding and Emerging Trends

Fintech has achieved initial mass adoption in most markets but particularly in developing countries where startups have excelled at tapping into tech-literate but financially underserved populations, according to a new report by EY. Fintech in Asia A survey of more

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MAS and ABS Kick Off Inaugural Singapore FinTech Festival

The inaugural Singapore FinTech Festival kicked off today with a series of events that aim to portray the future of a financial industry transformed by innovation and technology. The week-long Festival is organised by the Monetary Authority of Singapore (MAS),

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Regtech Poised to Thrive; Requires New Regulatory Framework

Regulation compliance is time consuming and expensive for both financial institutions and regulators. According to policy analysis firm Federal Financial Analytics, the six largest banks in the US spent as much as US$70 billion on compliance in 2013. That’s twice

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The Missing Regtech Startups In Singapore & Hong Kong

Regtech might not be a familiar name to most people but it is an important component in the fintech space. Regtech stands for regulatory technology which exists to help financial institutions and other organizations comply with increasingly stringent compliance rules.

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