What is 'Regtech'

Regtech is a blend word of 'regulatory technology' that was created to address regulatory challenges in financial services through innovative technology. 

Regtech (or "RegTech") consists of a group of companies that use cloud computing technology through software-as-a-service (SaaS) to help businesses comply with regulations efficiently and less expensively.

Read more: Regtech Definition | Investopedia

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