Regtech is the unloved tech cousin of the fintech world. It’s the one which follows the rules and makes sure everyone else does too. But in an industry where not following the rules leads to some of the most spectacular catastrophes in history, it’s no surprise that it’s a sector on the rise — how could it not be when it’s the darling of banking regulators?
Deborah Young is the CEO of the RegTech Association, and is responsible for shepherding the different arms of the sector into one direction. She says it’s growing at a rate of knots as trust and transparency become catch cries for regulators and consumers alike.