Fintech is already delivering significant benefits to consumers and investors by providing financial stability and financial inclusion via financial services firms and financial market infrastructure. 

However, the ever-increasing use of fintech solutions and emerging technologies also brings risks, to which regulators and supervisors are responding.

Rocio Suarez Gray, Lexis Nexis Risk Solutions, had this to say in our recent podcast looking at how fintech will evolve in 2023

“With all the evolving regulation and all the new legislation coming into place, it’s vital that you have the systems and processes in place to support day-to-day operations and your growth agenda. Have a proactive approach to compliance and be ready before any event occurs.”

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