Technology has changed different businesses' classic operations, and financial institutions are not an exemption. Along

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Technology has changed different businesses' classic operations,
and financial institutions are not an exemption. Along with
phenomena such as FinTech (the use of technology to deliver
financial solutions in a manner that competes with traditional
financial methods) and InsurTech (the use of technology innovations
designed to squeeze out savings and efficiency from the current
insurance industry model) which have challenged financial
institutions' classic business models, RegTech (Regulatory
Technology) have had a significant impact on their regulatory
affairs. How RegTech companies use various technologies and
solutions (Blockchain, Machine Learning, Cloud Computing etc.) to
help financial institutions in different regulatory areas (Risk
Management, Compliance, etc.). You need to include real examples of
RegTech products and services developed to help financial
institutions.