The first technology to support RegTech: Artificial Intelligence

[nurmohammadkhan]

Technologies that make RegTech possible
RegTech can therefore represent a keystone for introducing certain technologies into the company, also because RegTech cannot exist without the implementation of innovative solutions. For this reason, it is legitimate to ask which are the aforementioned technologies to adopt.



The first example of technology used to provide RegTech solutions is macedonia whatsapp resource Artificial Intelligence , which is also one of the sectors that has grown the most during the digital transformation in recent years.

According to the official definition provided by the European Parliament , Artificial Intelligence is “ the ability of a machine to exhibit human-like capabilities such as reasoning, learning, planning and creativity ”.

Artificial Intelligence allows systems to understand their environment, relate to everything they perceive, solve problems, and act toward a specific goal. In essence, Artificial Intelligence systems are able to move in a given context, interpret it, and then act accordingly, modifying their behaviors if necessary depending on the effects of the first actions performed.