The Future of Regulatory Compliance in Fintech: Embracing Tech-Driven Solutions

Authors -Chintamani Bagwe

Abstract- -Fintech is a promising innovation-driven industry. The fintech industry is in a state of rapid development, and the regulatory challenges facing fintech startups are growing with it. This paper focuses on the intersection between fintech startup and compliance regulatory factors. The paper emphasizes the need for fintech entrepreneurs to maintain a compliance-first integrate to help them navigate the dynamic compliance maze constantly. In addition, the paper also discusses the potential best practices in the compliance environment discussed in this paper including being informed in the Compliance environment, developing a Compliance-first model, engaging in industry collaborations, and advancing innovative technology. Finally, the essay has been devoted to proving that compliance with the use of securities technologies is the best strategy to ensure compliance and meet the industry standards. To conclude, the adoption of technology-driven compliance is not just favorable but essential to the survival of fintech companies in the long term.

DOI: /10.61463/ijset.vol.9.issue4.410