Posts tagged know your customer
Regtech Spending to Reach $127 Billion by 2024, As AI Drives Cost Savings: Juniper Research

New data from Juniper Research forecasts that the value of regulatory technology or “regtech” spending will exceed $127 billion by 2024, up from $25 billion in 2019. This growth will be driven by a dramatic rise in the automation of resource-intensive tasks, such as those involved in KYC (Know Your Customer) checks and increasing use of artificial intelligence (AI) in transaction monitoring.

Read More