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Purpose: The integration of Regulatory Technology (RegTech) into the financial inclusion landscape addresses the complex compliance and security challenges faced by financial institutions in an increasingly ambiguous technological environment. Methodology: The study is conducted through a comprehensive analysis of current patterns, advantages, and disadvantages, supported by real-world case studies, Findings: This study reveals how RegTech, powered by machine learning, artificial intelligence, and blockchain, significantly enhances compliance efficiency, reduces operational costs, and safeguards sensitive financial data. Additionally, a strategic framework for implementing RegTech solutions is presented, offering practical recommendations to ensure compliance while fostering a secure and inclusive financial environment. Unique Contribution to Theory, Practice and Policy: The findings contribute new insights into RegTech's role in advancing financial inclusion, provide guidance for financial institutions on effective adoption strategies, and inform policy by emphasizing the need for regulatory support to fully leverage RegTech for broader financial inclusion goals.
Ardhendu Sekhar Nanda (Sun,) studied this question.