Glossary > RegTech
RegTech means regulatory technology. Regtechs are companies using technology to manage regulatory processes for the financial industry, often through SaaS (Software as a Service). They will help financial institutions in compliance, monitoring, and reporting for example.
Scorechain is a RegTech and aims at helping companies operating with or onboarding cryptocurrencies to comply with the fast-evolving regulations of the crypto market. The solution provides crypto monitoring and risk assessment tools.