Ali Abbas
RegTech Talks: Do first-generation solutions present more problems than they solve?
CUBE’s Head of Sales, Americas, Rob Fulcher recently joined a panel of RegTech leaders to discuss how the emergence of Financial Fraud during the coronavirus pandemic has led to an increase in demand for RegTech.
CUBE’s Head of Sales, Americas – Rob Fulcher – recently joined a panel of RegTech leaders in ‘RegTech Talks’ to discuss how the emergence of Financial Fraud during the coronavirus pandemic has led to an increase in demand for RegTech.
In this extract, Rob discusses how first-generation and pre-RegTech GRC tools can present more challenges than they solve – from regulatory gaps, to data errors and poor interoperability. He explains how RegTech solutions, such as CUBE, mobilise artificial intelligence to close compliance gaps and minimise the risk of financial crime failings.