Regulators Eyeing Tech To Boost Financial Stability

Enhanced supervisory technology (SupTech) with strong governance and skilled human oversight could well have important benefits for financial regulators around the in efforts to increase economic stability in their nations and around the globe, said a report prepared for the G20. “SupTech could improve oversight, surveillance and analytical capabilities, and generate real-time indicators of risk...

Global Study Reveals Impact of COVID-19 on FinTech Regulatory Innovation

The World Bank and the Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School, University of Cambridge, have jointly published the results of their Global COVID-19 FinTech Regulatory Rapid Assessment Study, which reveals that the priority of FinTech regulation and the pace of regulatory innovation have increased amid the global pandemic. This research...

FinTech, RegTech, and SupTech: A New Paradigm, Simultaneously Promoting Financial Service Innovation While Enhancing Supervisory Effectiveness

First some definitions: FinTech is the application of digital technology like software and hardware to improve the efficiency, effectiveness, and scope of financial services. These solutions can be applied to traditional financial services and create opportunities for new services and business models for Financial Institutions. SupTech is the application of digital technology like software and hardware to improve the efficiency,...