During a panel discussion at the Global RegTech Summit in London, regulators and researchers offered a clear message: supervisory technology (SupTech) is becoming a core feature of modern oversight, though progress remains uneven and key barriers persist, as reported by FinTech Global.
John Yeo, of the BIS Innovation Hub, emphasized that SupTech is no longer confined to pilot projects. However, while some authorities are embedding predictive analytics and AI into their workflows, others still struggle with basic infrastructure and data quality. Dane Whittleston, of the Bank of England, explained that supervisors receive far more data than humans can process, reinforcing the need for AI to augment, not replace, human judgment.
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