FinTech, RegTech, and the Reconceptualization of Financial Regulation
Financial technology or "Fintech" broadly means the application of technology to finance while regulation techonology or "RegTech" refers to the application of technology to regulation. This presentation compares and contrasts these two concepts. It traces their roots and discusses how they have evolved through the years. RegTech can no longer be seen as a mere subset of Fintech. It has grown broader than finance; it will play a critical role in the impending paradigm shift in in finance and industry regulation.