Post by Scottish Development International

As global calls for deregulation grow, Scotland’s RegTech sector is leading the way in creating smarter, safer regulation, developing technologies that make compliance faster, more efficient, and more transparent for businesses worldwide. With 41 RegTech companies now operating across Scotland, the sector is expanding beyond finance into health, manufacturing, energy, and space, driving greater productivity and trust across industries. Global innovators like Encompass Corporation are transforming customer onboarding for major banks, cutting processes from weeks to hours, while start-ups such as LastingAsset are using advanced technologies to combat AI-driven fraud and enhance data security. As Dr Devraj Basu of University of Strathclyde Business School notes: “It’s a delicate balance between dynamism and stability. Cooperation and collaboration become more important, as long as everyone’s aligned around the same goal – a healthy and innovative financial system.” With world-class universities, regulators, and a thriving fintech ecosystem supported by Scottish Enterprise and FinTech Scotland, Scotland offers one of the most collaborative and supportive environments in the world for RegTech innovation, investment, and scale-up success. To read the full article by GlobalData Technology and download the latest RegTech report 👉 https://ow.ly/EskM50YEOyk Think fintech. Think Scotland💡 📸 Denis Putilov / Alamy photo #FinTech #Innovation