Governance ,Compliance and Risk Management

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Governance ,Compliance and Risk Management

The banking landscape is changing rapidly. With the evolution of technology, the entire industry has under gone a massive transformation that has changed the way financial procedures are carried out and the financial institutions operate. The collaboration between finance and technology has led to massive changes in several aspect of banking. Fintech is said to be a disruptive force that in the future is expected to reshape the financial sector, business model and banking structure. The paradigm change has posed a significant challenge to the banks as well as to the regulator. One of important challenge is compliance.