#RegTech BlackBook "The Sequel"
Koen Marcel K Vanderhoydonk
The Connector. between scaling B2B FinTechs, Banks and Regulators | FinTech & RegTech Influencer | Author | Public Speaker | Passionate Business Accelerator
I'm so proud to announce the #RegTechBlackBook "The Sequel" launch. It brings together voices from around the world to discuss the latest trends in RegTech. It has been a remarkable journey.
Discover how RegTech is maturing and what challenges it is going through? Then and now: what's changed for RegTech? RegTech is here to stay, and there's no denying that it will steadily experience more comprehensive implementation than it does today. RegTech is also a global opportunity that spans beyond financial services to embrace any sector sensitive for regulations.
COVID-19 has profoundly changed the world we live in, and unfortunately, the situation is still not behind us. But it taught us that collaboration could lead to great results. The same is valid between regulators, banks and startups, and only cooperation can lift our financial system to the next level.
The RegTech BlackBook was the first #phygital book, so we wanted to give you a more intimate and immersive reading experience. In this edition, you will also find a QR code at the end of every chapter to lead you to a close personal encounter with each author. Or tune into their youtube channel to enjoy all insights
(click on the picture below to open the channel)
Regulatory technology is a new technology that uses information technology to enhance regulatory processes. There are around 1000 active RegTech firms, with an estimated 70% less than five years old. The FCA in the UK stated in 2020 that investments in RegTech more than doubled between 2017 and 2018, and it's still growing. . All financial firms in the UK either have RegTech or plan to implement it in two years.
SupTech refers to the technology supporting supervisors, which is often no different from the technology used by RegTechs.Technology can support dealing with the vast amount of data that regulators have requested since the financial crisis of 2008.
Following the financial crisis, banks started to interact with what was once their worst nightmare: FinTech. Both parties learned a lot from each other and collaborated more and more. Digitalization of our sector lifted off. RegTech has become a global movement motivated by financial inclusion and global equality. RegTech aspires to enhance transparency and consistency and standardize regulatory processes. It also aims to deliver sound interpretations of ambiguous regulations and thus provide higher quality levels at a lower cost and so much more.
Discover the RegTechBlackBook "The Sequel" and follow our Top 25 RegTech Influencer list on www.regtechblackbook.com
A big thank you to all co-authors and supporters. You rock!!!!
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Applying AI Tools to Make Cost Effective Marketing Solutions for Startups, SMEs, and Micro Businesses | Content Marketing, SEO, Social Media | Agency Founder | Startup Grind Chapter Director
2 年Congrats Koen Vanderhoydonk!
A great companion for anyone interested in digital finance, well done (again) Koen
Research Professor, Graduate School of Law, Kyoto University | CEO, Smart Governance | Agile 50: the World’s 50 Most Influential People Revolutionising Governance | Attorney at Law (Japan & NY)
2 年My honor to have contributed to this amazing book!
Head Compliance Advisory at Migros Bank
2 年Happy to have contributed to the books no. 1 + 2. Looking forward to be part of no. 3 as well. Thanks for this amazing initiative Koen Vanderhoydonk! #RegTech #Education
CEO@The Rudin Group |Author at Wiley| Forbes Contributor| Board Member|UHNW Marketing Strategy - Wealth Management, Asset Management, Fintech +Wealthtech
2 年Thank you for including me Koen Vanderhoydonk and Robert Van Beek CFP? Honored to pen ?? the preface for such an important reference guide! #regtech