Rise of regulatory technology, money laundering

By Sandra Fungai Kabaya (September 29, 2023, 10:19 AM EDT) -- In the ever-evolving landscape of financial crime, regulatory technology (RegTech) has emerged as a powerful tool to combat money laundering. RegTech refers to the use of innovative technologies to streamline regulatory compliance processes. This article explores the rise of RegTech and its implications on anti-money laundering (AML) efforts, highlighting how advanced technologies are reshaping the financial industry's ability to detect and prevent illicit financial activities....