Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is RegTech (Regulatory Technology)

Chapter 4
Integrating RegTech Solutions for Industry 4.0
RegTech refers to the use of technology to facilitate regulatory compliance, monitoring, and reporting for financial institutions. It encompasses solutions such as automated compliance checks, regulatory reporting tools, risk management systems, and anti-money laundering (AML) software. RegTech helps financial institutions navigate complex regulatory requirements efficiently, reducing compliance costs and risks associated with non-compliance.
Published in Chapter:
FinTech, RegTech, and Financial Development in India's Industry 4.0 Landscape
Mithilesh Kishor Gidage (Savitribai Phule Pune University, India) and Shilpa Vasant Bhide (Savitribai Phule Pune University, India)
Copyright: © 2024 |Pages: 23
DOI: 10.4018/979-8-3693-3322-8.ch004
Abstract
This study examines the impact of fintech on India's financial landscape from 2021 to 2021. Using advanced regression techniques and accounting for various factors, the authors find a positive link between fintech and financial development, including improved access to loans and increased savings. They also highlight the potential of regtech in enhancing financial development. The findings stress the importance of balanced regulatory frameworks to foster fintech growth while managing risks. Additionally, they show how policy measures like interest rate liberalization can positively influence financial development. In conclusion, they propose a comprehensive policy framework to promote equitable fintech growth in developing nations.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR