e4: How regulatory technology can assist banks to transform digitally [promoted]

Loading player...
To keep appraised of all regulatory issues in South Africa while digitally transforming is often arduous. Simply paying attention is no longer enough, which is why regulatory technology, or regtech, now plays a crucial role and can significantly assist in ensuring all digital transformation projects are successful and compliant.
That's the view of Andrea Tucker, head of research & development and strategic projects at e4, who was a guest on the TechCentral podcast.
In the podcast, Tucker talks about e4 and its areas of focus before turning to the subject of regtech and what the short- and long-term benefits are of embracing a regtech strategy.
Has the Covid-19 pandemic put extra pressure on companies to embrace a digital approach to regulation? If so, what’s driving it?
Also, regulation is a broad field. Should companies be applying regtech to every aspect of their business where regulation happens to play a role?
Tucker answers these questions as well as touching on which industries are doing regtech well, including a look at the banking space in South Africa.
What is the impact of privacy legislation like Europe’s General Data Protection Regulation and South Africa’s Protection of Personal Information Act in the regtech field? And how are shifting consumer habits since the start of the pandemic affecting regtech strategies and why?
Don't miss the discussion!
8 Mar 2021 English South Africa Technology · Business

Other recent episodes

TCS+ | How AI is turning hardware into a subscription service

For most of business history, buying technology meant owning it. Capital was set aside, servers and laptops were hauled into the building alongside the software licences, and the business then sweated those assets for as long as it practically could. In the age of AI, that logic is starting to…
6 Aug 19 min

TCS+ | iStore Business on why Apple makes sense for SMEs

For small and medium enterprises, technology must do one thing above all else: get out of the way. Unlike large corporations with dedicated IT departments, SMEs run lean – and every hour spent wrestling with systems is an hour not spent on the business itself. In this episode of TechCentral’s…
30 Jul 37 min

TCS | Icasa's rules skip the real bottleneck: ACT

Communications regulator Icasa’s draft rapid deployment regulations – a critical intervention for the sector – risk failing unless the regulator brings municipalities into the process, according to Nomvuyiso Batyi, CEO of the Association of Comms & Technology (ACT). Speaking on the TechCentral Show with TechCentral editor Duncan McLeod, Batyi said…
30 Jul 29 min

TCS+ | A smarter approach to cloud for South African businesses

South African businesses are spending millions on cloud – and many have very little to show for it. That is the uncomfortable starting point for this episode of TCS+, in which Nkosinathi Ndlovu speaks to Joel Chacko, executive head of department for cloud services at Vodacom Business, and Jonathan Oaker,…
28 Jul 21 min

TCS | How Optasia lends billions to people banks can’t see

Optasia is on target to distribute more than US$6-billion in credit across its markets in 2026 – and it carries every cent of the default risk itself. In this episode of the TechCentral Show, CEO Salvador Anglada unpacks how the JSE’s biggest recent fintech listing actually works. Formerly known as…
23 Jul 25 min