
Tag "compliance"
Digital ID Verification, Remote Document Signing to Become the Norm in Finance Sector
The pandemic has accelerated the growth of non-face-to-face interactions, forcing banks, merchants and others to swiftly deploy digital tools to accurately verify the identity of the person on the other end of a digital transaction. A 2021 study by advisory
Read MoreDemand for Digital Identity Verification Surges Amid Booming Virtual Banking Sector
An evolving regulatory landscape, rising digital adoption and the surge in fintech usage is pushing demand for digital identity verification. By 2026, the industry is expected to generate US$17.2 billion in revenue, translating to a compound annual growth rate (CAGR)
Read MoreRegtech And Compliance In Switzerland
Banks and firms are increasingly turning to regtech solutions that leverage software and automation to close compliance gaps, address new regulatory challenges and cut costs. Regtech refers to technology and software created to address regulatory requirements and help companies stay
Read MoreRegTech Solutions Will Help Firms To Automate Compliance Tasks and Reduce Operational Risks, Says Deloitte
Firms must embrace RegTech solutions as they will help them automate compliance tasks and reduce operational risks associated with meeting compliance and reporting obligations, according to a report from Deloitte Ireland. Entitled ‘RegTech Is The New FinTech, How Agile Regulatory
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