An insightful article in FinTech Global discusses the critical role of Regulatory Technology (RegTech) in helping small and medium-sized enterprises (SMEs) navigate increasingly complex regulatory landscapes, particularly in the digital age. As SMEs shift from traditional brick-and-mortar operations to fully digital environments, they face mounting regulatory scrutiny and compliance costs without the resources of larger firms.
Christodoulos Mouskos, Head of Operations at MAP FinTech emphasises that RegTech is essential for SMEs in navigating complex regulatory landscapes. He highlights that modern RegTech solutions leverage AI to automate compliance tasks, streamline processes, and reduce costs. Mouskos points out the importance of these tools in helping SMEs adapt quickly to evolving regulations while providing operational flexibility and real-time insights. He advocates for the integration of RegTech into existing practices to enhance compliance efficiency and business growth.
Read the full article here.
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