Definitions, clarifications and other non-obligation material make up 65% of the information in regulations. That leaves a mere 35% that involves an actual obligation, according to reg-tech firm Ascent. That means banks and other regulated industries — and more specifically, their lawyers — spend hours combing through information in search of actionable items, according to […]
Listen: How AI can automate and cut the cost for compliance
FintechTime Stamp: August 13, 2021 1:30 PM
Source Node: 1012930