{"id":9300,"date":"2018-04-06T06:58:37","date_gmt":"2018-04-06T06:58:37","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=9300"},"modified":"2018-06-27T07:57:32","modified_gmt":"2018-06-27T07:57:32","slug":"top-regtech-trends-for-2018-expert-opinion","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/top-regtech-trends-for-2018-expert-opinion\/","title":{"rendered":"Top RegTech Trends for 2018: Expert Opinion"},"content":{"rendered":"<p>Christian Visti Larsen (CEO at NewBanking ApS), Anastasia Dokuchaeva (head of partnerships at ClauseMatch) and Nathan Snyder (a partner at Brickendon) outlined their top trends for RegTech in 2018:<\/p>\n<ul>\n<li><strong>Resolving identity\/verification<\/strong> <strong>issues<\/strong> \u2014 a huge potential for saving on resources will drive innovations in this direction.<\/li>\n<li><strong>Artificial intelligence for fraud detection <\/strong>\u2014 with artificial intelligence\u2019s capabilities growing exponentially, it just makes sense to apply it in order to improve fraud detection capacities.<\/li>\n<li><strong>Software to regulate cryptocurrencies <\/strong>\u2014 with cryptocurrency likely becoming more regulated, software will be needed for financial institutions\u2019 anti-money laundering efforts.<\/li>\n<li><strong>Moving to long-term, holistic RegTech solutions <\/strong>\u2014 the RegTech industry is starting to move past specific-rule solutions and into holistic approaches to compliance.<\/li>\n<li><strong>RegTech becoming more than just a small part of FinTech <\/strong>\u2014 RegTech is a growing trend that is likely to become just as mainstream as FinTech.<\/li>\n<li><strong>RegTech investment growth <\/strong>\u2014 investments in RegTech grew by 16% in 2017. This trend is expected to continue this year, with massive investments placed in RegTech startups. By 2020, global demand within the sector is expected to reach USD 118.7 billion.<\/li>\n<li><strong>Increased data portability <\/strong>\u2014 although many companies seek to protect their data and isolate it from the outside world, the modern financial world is being built around using data from a myriad of sources to provide more competitive services.<\/li>\n<li><strong>Regulatory impacts <\/strong>\u2014 regulatory environments are increasingly moving towards an individual-rights approach, giving customers more and more control over their data and how it used.<\/li>\n<li><strong>Innovation <\/strong>\u2014 the key to staying competitive in the modern world is simple: stay ahead of your competitors in order to offer customers something unique and useful.<\/li>\n<\/ul>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-9300 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Top 10 trends impacting the future of payments'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/top-10-trends-impacting-the-future-of-payments\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/young-handsome-man-enjoy-shopping-online-on-mobile-phone-with-credit-card_1258-309-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9536\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9536'>\n\t\t\t\tTop 10 trends impacting the future of payments\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Blockchain in the financial industry: hype or a real opportunity?'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/blockchain-in-the-financial-industry-hype-or-a-real-opportunity\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/12\/https_2F2Fcdn.evbuc_.com2Fimages2F306871542F975142336532F12Foriginal-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-7464\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-7464'>\n\t\t\t\tBlockchain in the financial industry: hype or a real opportunity?\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Solving the IT conundrum for financial institutions'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/solving-the-it-conundrum-for-financial-institutions\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/04\/business-job-interview-concept_1421-77-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12685\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12685'>\n\t\t\t\tSolving the IT conundrum for financial institutions\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Christian Visti Larsen (CEO at NewBanking ApS), Anastasia Dokuchaeva (head of partnerships at ClauseMatch) and Nathan Snyder (a partner at Brickendon) outlined their top trends for RegTech in 2018: Resolving identity\/verification issues \u2014 a huge potential for saving on resources will drive innovations in this direction. Artificial intelligence for fraud detection \u2014 with artificial intelligence\u2019s &hellip;<\/p>\n","protected":false},"author":5,"featured_media":9301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[80,399,206,328,371],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9300"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=9300"}],"version-history":[{"count":4,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9300\/revisions"}],"predecessor-version":[{"id":9447,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/9300\/revisions\/9447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/9301"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=9300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=9300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=9300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}