White Paper
HOW AI AND BLOCKCHAIN ARE SHAPING REGTECH
The Juniper Research white paper How AI and Blockchain Are Shaping Regtech (June 2023) explores how these technologies are redefining compliance and risk management. AI is driving improvements in transaction monitoring, fraud detection, AML/KYC checks, and regulatory reporting by reducing false positives, enhancing efficiency, and enabling real-time oversight. Blockchain adds transparency and trust, supporting KYC, governance, compliance, and secure audit trails, while also shaping crypto regulation. Challenges include AI bias, costs, and blockchain deployment gaps, but adoption is rising. Global Regtech spending is forecast to grow from $83B in 2023 to $207B by 2028, a 124% increase, as firms seek scalable, automated solutions to manage regulatory complexity.