Economics · Financial Technology (FinTech)
Which of the following descriptions best differentiates RegTech from SupTech in financial ecosystems?
- 1RegTech acts as a branch of SupTech used strictly for internal micro-auditing inside public enterprises.
- 2Both technologies are designed exclusively for direct asset conversion and cryptographic token management.
- 3RegTech helps financial institutions automate regulatory compliance, while SupTech assists regulatory authorities in monitoring and supervision.✓
- 4RegTech assists state regulators in macro-data analytics, while SupTech helps commercial banks manage internal asset validation.
Correct answer
RegTech helps financial institutions automate regulatory compliance, while SupTech assists regulatory authorities in monitoring and supervision.
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