Alyned Thinking

There is a new buzzword rocking the financial services industry: RegTech which stands for “Regulation Technology" To explain it, we have to make a little excursion to last week’s hot topic in the form of FinTech (Financial Technology).

Some FinTechs have become so successful over the recent months that they are challenging some of the worlds oldest major banks and insurances in revenue and market cap. Where no FinTech can compete, however, is on a track record of trust that dates back centuries, as in the case of some banks.