Why North American banks need RegTech solutions
RegTechs make up a broad category of compliance-related financial technologies. For banking, a highly regulated industry, RegTechs have become a central feature in digital transformation efforts.
Bank compliance teams value the speed, accuracy and control that RegTech digitization provides. Banking executives, meanwhile, enjoy the efficiency and scalability that is delivered as a result. But many believe that RegTechs have yet to reach their full potential.
To discuss why banks need RegTech solutions, Encompass interviewed Jo Ann Barefoot (CEO & co-founder, Alliance for Innovative Regulation) and Alex Ford (President, North America, Encompass) to review the state of the RegTech-bank relationship, and the challenges and opportunities that remain ahead.
Author: Alex Ford
Alex drives business growth in North America, working with customers, partners and the Encompass team to transform KYC with automation in financial institutions and other regulated entities. Joining in 2012, Alex has held Executive responsibility for business functions including Customer Success, Operations, Marketing, Product and Delivery. From 2015 to 2020 Alex was based in Glasgow with the launch and expansion of the UK operation, before taking up leadership of the North America business.
You also might be interested in
Blog What to expect in financial crime compliance in 2023
Dr Henry Balani outlines key trends for financial crime compliance in 2023, and the impact on KYC. Blog Encompass named in FinTech Global’s RegTech100 list for 2023
We are pleased to be featured in FinTech Global's RegTech100 2023.
Video RegTech’s role in KYC and fighting financial crime
Alex Ford was interviewed at Global RegTech Summit USA on RegTech, pKYC and tackling financial crime
Whitepaper Understanding the North American RegTech market
We look at the current RegTech market in North America and its development in recent years.
west
east
Discover corporate digital identity from Encompass
Global executive roundtable
Identity innovator series
Rethinking corporate banking with CDI
StockholmMay 14th, 2025
LondonMay 21st, 2025
New YorkMay 29th, 2025
FrankfurtJune 17th, 2025
Register your interest
Seating is limited. By completing this form, you are expressing your interest in attending. A confirmation email will be sent to you separately once your spot is secured.