State of SupTech Report 2023: Uptake of Supervisory Technology (SupTech) Driving Rapid Response in Consumer Protection and Greater Financial Inclusion

February 23, 2024
Research
State of SupTech Report 2023: Uptake of Supervisory Technology (SupTech) Driving Rapid Response in Consumer Protection and Greater Financial Inclusion

Advanced suptech solutions can help financial authorities manage the challenges presented by digitalisation, datafication, globalisation, and the diversification of business models. It can help them address pressing issues such as financial crime, fraud, exclusion, climate change enablers, consumer protection, and artificial intelligence biases. The results of our survey indicate that financial authorities are beginning to embrace the immense opportunities of suptech.