FinTech and RegTech Trends to Watch -

Much has been written about FinTech and RegTech in the last few years and, for many lenders, such terms aren’t wholly relevant to the day-to-day operations of their businesses – or are they? Financial technology and regulatory technology are simply ways for lenders to deliver financial products to consumers and to ensure that the delivery of such products conforms with the myriad of laws that apply to consumer financial services.

The purpose of FinTech and RegTech isn’t to get you the latest gadgets in technology – FinTech and RegTech intend to make life easier for you and your customers, either in the delivery of products, the types of products you can offer, or how you manage your regulatory compliance burdens. In fact, it is likely that you already rely on such technologies even if you do not consider yourself a Fintech company in need of RegTech. In 2019 and beyond, there are cutting-edge technologies that can innovate the way in which you deliver consumer financial services products to consumers, as well as help you manage your increasingly complex compliance burden.

Originally published in the Summer 2019 issue of FiSCA's Currents magazine.