Key Takeaways
RegTech companies provide solutions for standardizing and automating regulatory compliance, reducing fraud, assisting in transaction monitoring and managing enterprise risk.
- The RegTech space is considered a niche and rising segment within the FinTech Industry, with space for multiple winners.
- It is a tech-intensive sector, using technologies such as cognitive computing, predictive analytics, and RPA (robotic process automation).
- The RegTech space is expected to grow at 38% CAGR from 2020-24
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