“We’re honored to be recognized for the second consecutive year as one of the elite RegTech 100,” said Garrett Gafke, President and CEO, IdentityMind. “This serves as further market validation – customer, partner, analyst, industry thought leaders – for our Version 2.0 SaaS-based platform, which builds and maintains digital identities for evaluating risk and automating compliance in digital transactions.”
According to FinTech Global, the RegTech industry has seen huge growth in the last two years as banks and financial institutions grapple with the unrelenting pace of regulatory changes across all jurisdictions. Over $4 billion has been invested in RegTech companies since the beginning of 2016. As a result, this year’s process to identify the leading 100 companies in the RegTech space was even more competitive than last year.
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