EMTECH launches Beyond Compliance product

According to EMTECH’s officials, considering that fintech is expected to become more resilient and effective at protecting consumers, companies need to adapt their compliance management processes to the current ones. Also, as regulatory requirements, risk monitoring, and reporting methods are fragmented, providers must institute a more integrated compliance management platform to further support their expansion and operations.

Furthermore, the Beyond Compliance product is set to offer a user-centric experience, with it being a customisable solution which aims to be effective in ensuring compliance with regulatory directives. Additionally, EMTECH’s service intends to support fintech companies in managing their compliance needs in one or more markets, whilst monitoring their status and providing regulatory visibility that fits the obligations of Central Bankers and regulators.

EMTECH’s current news follows the company providing a 12-week CBDC Hackathon as a pilot for the Bank of Ghana. Back in December 2023, the firm’s partnership with the bank came after the deployment of its Digital Regulatory Sandbox and aimed to validate market needs, test technical capabilities, educate stakeholders, and ensure private sector alignment, before introducing a final version of a solution.

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