Insurtech has changed nearly every part of the insurance business, arising the development of simpler products and consumer-friendly services. It has been most perceptible in the personal insurance world, where customer-facing phone apps, auto monitoring devices, and wearable activity tracking tools have allowed consumers to find new benefits from their…
Comments closedTag: Regtech
Since 2015, the Munich startup Alyne tries to take the regulatory issues to a halt. Co-founder Karl Viertel describes the company as a command center for employees in companies that have to prevent damage from the organization. RegTech provides its customers with software that gives them an overview of the…
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Neutrality, proportionality and integrity of the market will be the essential principles of the supervisor with the new Fintech. This is according to Sebastián Albella, president of the National Securities Market Commission. Albella displayed an interesting reflection of the current landscape of Fintech regulation and supervisory actions, after being presented…
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Fintechs are an emerging industry which is tackling the development of technologies designed to enhance traditional financial activities. It also tends to replace the sluggish, traditional methods in the financial environment. More than 1,000 fintech operations were completed in Q4 2018, which were worth nearly $ 40 billion. The chances…
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The number of companies in the main Xtech sectors fintech, proptech, insurtech, regtech, legaltech, wealthtech grew by 67% in Spain last year. Ranking among the fastest growing in the world. The number of Xtech companies that arise each year does not stop growing. These companies are revolutionizing everything. And thus,…
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The term “RegTech” a fusion of the terms “Regulatory” and “Technology” has become increasingly established in recent months and is one of the buzzwords of the young year. This refers to the use of technology in connection with the implementation and monitoring of legal regulations. Put simply, Regtech automates regulatory…
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