digitify Services | Digital Compliance
18% increase globally (2022) in AI systems used for digital banking onboarding (4% in 2020); delivering significant cost savings of over $460 million and providing a significantly improved user experience. (Source: Juniper Research)
It can be a minefield, with an estimated 750 global regulators and an average of 201 daily regulatory alerts.
Companies can cut down regulation overheads with use of third-party RegTech services. Higher ROI and investor confidence create a differentiator in a competitive environment.
Different types of RegTech
Unfortunately, there is no single digital application or tools that can fulfil all your compliance needs.
This is where working with a FinTech and RegTech specialist like digitify can really add value, as we already have direct relationships with the network of partners you need.
We’ve spent years building our ecosystem of trusted partners so you don’t have to, and can swiftly move ahead with your development and deployment schedules.
Our partners include:
digitify RegTech solutions bring the best innovations in technology to regulation, resulting in shortened launch schedules for your new digital products, enhanced experience for your customers, controlled
RegTech is the use of applications and digital tools like cloud, open data models, AI and ML to assist firms in streamlining regulatory process and meeting their regulatory obligations within the financial industry.
Its main functions include regulatory monitoring, reporting, and compliance, by using innovations in technologies and techniques to meet conditions and keep up with emerging statutory laws.