As we close the chapter on 2024 and embrace the opportunities of 2025, we are thrilled to present the very first edition of the RegTech Wave Newsletter! Our mission is to keep you informed about the latest updates, insights, and trends shaping the dynamic RegTech landscape—from local innovations to global breakthroughs.
In our exciting journey to connect industry leaders, innovators, and enthusiasts with the pulse of regulatory technology, we remain committed to strengthening our collaboration with stakeholders in RegTech.
As the new year unfolds, we extend our warmest wishes for a 2025 filled with growth, success, and innovation. Let’s set new benchmarks and drive impactful change in the RegTech industry together. Here’s to a bright and groundbreaking year ahead!
We invite you to join the RegTech Wave community and stay connected for all the upcoming news, trends, and updates.
Wish you a good reading, and stay tuned for the exciting journey ahead!
In 2024, We Launched the RegTech Wave wIth an Exceptional Event
At the RegTech Wave launch event held at The Hood TEKMER in October 2024, we gathered the key players from Türkiye’s regulatory technology ecosystem. Throughout the event, valuable insights were shared on industry innovations, collaborations, and the future of regulatory technologies. It was a great opportunity to connect with leaders from the industry and listen to founders and their innovative approaches in RegTech, who are accelerating regulatory compliance and providing digital solutions across various sectors. We were able to build a strong network and engage with some of the brightest minds in the industry.
A special thank you to our panelists, founders, speakers, members, and stakeholders for their invaluable contributions!
Save the Date for RegTech Wave Talks!
We’re excited to continue collaborating with our stakeholders. Join us for the next event of RegTech Wave Talks on 22 January 2025 at The Hood Tekmer. This exciting event will feature insights from RegTech leaders in finance and HR sectors, interactive sessions with founders and corporate professionals, and valuable networking opportunities to connect with some of the brightest minds in the industry. It’s the perfect chance to stay ahead of the curve in the rapidly evolving world of regulatory technology.
To get more information and to register, please follow the link: RegTech Wave Talks 2025 Registration
RegTech for BusIness OperatIons: Expert OpInIons from Mikro Yazılım
In this exclusive article, Mikro Yazılım shares valuable insights on how businesses can harness the power of RegTech solutions to streamline their operations, ensure compliance, and reduce costs. With a focus on practical applications, this piece offers a deep dive into the transformative potential of RegTech for businesses looking to stay ahead in a fast-paced regulatory landscape. Businesses must focus on four main areas of digital transformation: enhancing customer experience, improving operational efficiency, adapting business models, and utilizing data and analytics for informed decision-making. These areas are crucial for companies to stay competitive in an increasingly digital landscape.
Key Takeaways:
- Why 2025 is the year of RegTech adoption for SMEs.
- Practical steps to integrate RegTech into your business processes.
- How Mikro Yazılım’s solutions empower SMEs to stay ahead.
Read the full article here: Digital Transformation of Companies
VIveka InsIghts: Global News from the RegTech Industry
In the rapidly evolving RegTech ecosystem, significant developments are shaping the future of compliance and technology. The European Commission has introduced new guidelines for AI-driven compliance tools, underscoring the importance of transparency and data security. In Asia, the Singapore FinTech Association has partnered with leading RegTech firms to advance digital compliance solutions, particularly for SMEs. Meanwhile, in Türkiye, the Banking Regulation and Supervision Agency (BDDK) has launched a regulatory sandbox to encourage innovation in FinTech and RegTech, while collaborations between Turkish universities and startups are driving cutting-edge advancements in fraud detection and compliance automation.
Here are the global InsIghts and news VIveka team have gathered for you!
New Regulatory Innovation Office to Accelerate Market Access for Emerging Technologies
The newly established Regulatory Innovation Office (RIO) aims to streamline regulations, enabling businesses in the UK’s fastest-growing sectors to launch innovative products and services faster. By supporting breakthroughs like AI-powered surgical training tools and drones for remote deliveries, RIO not only enhances efficiency and accessibility but also highlights the importance of RegTech. Efficient regulatory systems, powered by advanced RegTech solutions, are crucial in managing compliance challenges, reducing red tape, and fostering innovation across industries.
RegTech Market Poised for Rapid Growth, Projected to Reach $42.73 Billion by 2031
The RegTech market, valued at $7.55 billion in 2023, is expected to grow to $42.73 billion by 2031, with a remarkable CAGR of 24.2%. North America currently leads the market, followed by Asia Pacific, which is forecasted to experience the highest growth. This expansion is driven by the increasing complexity of regulations and the need for advanced tools to combat fraudulent activities. RegTech solutions, such as AI-powered transaction monitoring systems, play a vital role in detecting suspicious behavior and preventing financial crimes in real time, underscoring the demand for scalable, automated compliance tools.
Click here for the overview of report findings
Sumsub Releases Global Fraud Index Highlighting 103 Nations’ Susceptibility to Digital Fraud, Türkiye to score highest
Sumsub, a leading regtech company, has released its Global Fraud Index, analyzing digital fraud risks across 103 countries. The index rates nations based on millions of ID verifications from 2023 to 2024, considering factors such as digital resource accessibility, regulatory efficiency, and economic instability. Türkiye emerges as the most susceptible country to digital fraud with a score of 4.05, presenting a significant opportunity for regtech solutions in the market. Other European economies such as Poland and Spain follow, but Türkiye’s position signals a growing demand for robust digital security measures.
RegTech Industry Report 2025 Highlights Growth and Trends in Key Sector
The RegTech industry continues to grow at a rapid pace, with key trends showing strong performance across various sectors. The AI Prediction trend, encompassing over 250 companies and 14,000 employees, added 1,000 new hires in the past year, reflecting a 38.25% annual growth rate driven by increasing demand for AI-driven regulatory solutions. Meanwhile, the Smart Contract Audit sector, with more than 600 companies and 13,000 employees, grew by 51.87%, underlining the growing importance of smart contracts in automating compliance and enhancing transparency. The AML Transaction Monitoring sector, involving 90 companies and 9,000 employees, has seen a 23.16% growth, reinforcing efforts to improve anti-money laundering compliance.
The Top 10 RegTech Trends for 2025
The year 2024 has highlighted the crucial role of regulatory technology (RegTech) in guiding firms through an increasingly complex global regulatory environment. As industries face the challenges of maintaining compliance amidst evolving standards, RegTech has emerged as a vital tool to streamline operations, bridge short-term challenges, and achieve long-term strategic goals. In 2025, these trends are expected to drive the continued growth and innovation in the industry:
- AI and Machine Learning for Predictive Compliance
- Blockchain Technology in KYC Processes
- Real-time Monitoring and Tracking
- Sustainability and ESG Compliance
- Increased Spending on RegTech Solutions
- Rise in Cloud-based RegTech Solutions
- Regulatory Automation
- Big Data for Insights and Transparency
- Focus on Data Privacy and Protection
- Increased Regulatory Collaboration and Standardisation
RegTech Analyst Launches 2025 RegTech100 List, Featuring Key Disruptors in Regulatory Technology
RegTech Analyst has released the 8th edition of its annual RegTech100 list, highlighting the most influential businesses in the RegTech industry that financial institutions should watch in 2025. The list showcases market leaders and disruptors helping financial institutions navigate challenges posed by technological innovation and regulatory changes. An esteemed panel of industry experts selected 4CRisk.ai, which also earned a spot on the 2024 AIFinTech100 list, recognizing the company for its role in transforming financial services.
Click here for the RegTech100 list
SGlobe Radar: RegTech Startups on Our Watch
As the RegTech industry continues to evolve in Türkiye, several innovative startups are making their mark with groundbreaking solutions. These companies are shaping the future of regulatory technology by introducing new tools and platforms that streamline compliance, risk management, and integration across various sectors. Here are some of the leading RegTech innovators currently on SGlobe’s radar:
What is Efilli? Efilli simplifies cookie management for websites while ensuring full compliance with legal regulations. With a locally developed infrastructure that prioritizes the security of user data, it enhances website performance and allows for personalized user experiences. Efilli automatically scans, organizes, and categorizes cookies used on its client’s website and prevents the placement of cookies without user consent. This process ensures that the entire cookie management system operates in compliance with the law, and user data is stored securely.
What Solution Does It Offer? Efilli addresses cookie management with a modern approach, providing a solution that meets both technical and legal requirements. Through a single panel, it offers the ability to manage cookies, track user permissions, and generate detailed reports. After adding your domain, the system can be activated in just a few simple steps, giving you full control over the cookies on your site. With data hosted within Turkey’s borders, Efilli stands out for its security and compliance with legal standards.
Why Is It Important? Efilli is a platform that strengthens a brand’s reputation in the critical areas of data security and user privacy. It ensures full compliance with data protection laws such as KVKK (Turkish Data Protection Law) and transparently manages user consents, offering a reliable experience. Additionally, it minimizes legal risks and prevents the leakage of personal data abroad. These features not only provide legal compliance but also create a significant advantage in building customer trust and loyalty. By offering all the cookie management tools a modern website needs in one place, Efilli helps businesses stand out in the digital world.
What is TransferChain? TransferChain is a cloud storage and communication platform designed with a focus on maximum security and privacy. Unlike traditional cloud solutions, it operates on a decentralized architecture and blockchain-based infrastructure. It encrypts user data entirely, fragments it into smaller pieces, and distributes it across cloud providers, ensuring robust security and privacy.
What Solution Does It Offer? TransferChain provides secure storage, file sharing, and communication solutions for both individual and corporate users. Before files are uploaded, they are encrypted end-to-end, fragmented, and distributed to secure providers across the globe. This ensures that the data remains under the sole control of the user. The platform also offers features such as file transfers, private messaging, and blockchain-based authorization. Key management is entirely user-controlled and never stored on TransferChain servers. With zero-knowledge encryption, no person or system outside the user and recipient can access the files.
Why Is It Important? TransferChain stands out by offering solutions built on an infrastructure that prioritizes data security and privacy. Its decentralized structure and blockchain-based authorization mechanisms ensure user data is both invisible and immutable. This is especially critical for businesses handling sensitive information. By fragmenting and distributing data among providers, TransferChain minimizes the risk of data breaches. Additionally, its user-controlled key management and encryption framework provide complete control over data and maximum protection against cyberattacks.
What is Sanction Scanner? Sanction Scanner is an AI-powered platform designed to simplify anti-money laundering (AML) processes. It combats financial crimes by offering solutions such as real-time screening, transaction monitoring, fraud detection, and customer risk assessment. Trusted by over 500 companies, Sanction Scanner facilitates regulatory compliance and enhances financial security for businesses.
What Solution Does It Offer? Sanction Scanner provides businesses with comprehensive tools to manage their AML processes. Its real-time AML screening system analyzes customer risk levels using over 3,000 sanction lists, politically exposed persons (PEP) lists, and watchlists. Features like transaction monitoring and fraud detection automate customer transaction reviews, ensuring a secure and efficient workflow. The customer risk assessment tool evaluates criteria such as age, occupation, and income to assign risk scores, enabling businesses to make quicker and more effective decisions. Its blockchain-based transparency and compliance-focused infrastructure give companies a significant advantage in preventing financial crimes.
Why Is It Important? Sanction Scanner offers a user-friendly solution for businesses aiming to ensure financial security and regulatory compliance. With growing threats of financial crimes and evolving regulations, the platform minimizes risks through real-time screening and transaction monitoring. By automating AML processes, it saves both time and costs. Its success in regulatory compliance protects businesses from potential fines while boosting customer trust. Designed to meet the needs of both small and large-scale companies, Sanction Scanner not only streamlines compliance processes but also provides a competitive edge for businesses.
We’re excited to witness the rapid evolution of the RegTech ecosystem. Stay connected with RegTech Wave for the latest insights, events, and thought leadership updates, and join the RegTech community driving innovation in the RegTech industry.
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