Compliance has always presented a set of thorny challenges for banks, and at this point there's no going back to simpler times. Enter "regtech," a subset of fintech that aims to handle how regulations are met and requirements satisfied. But there is more: So far as customers are concerned, regtech helps financial institutions to become more transparent and trustworthy.

Shiran Weitzman, CEO and co-founder of Shield FC, talks about the digital developments that have led us to this point, and how banks can harness all regtech has to offer to move themselves forward.