Euro Banking Association Examines How Cryptotechnologies May Improve Regulatory Compliance

On October 23, 2018, the Cryptotechnologies Working Group of the Euro Banking Association (EBA) released an information paper that compiles the results of analysis it carried out on how new technologies, such as distributed ledger technology (DLT), artificial intelligence (AI) or machine learning, can be leveraged by regtechs, in cooperation with financial institutions, to create more efficient and effective compliance processes.

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