Eighty-one percent of global fintechs cite data issues as the biggest technical challenge they face, with almost three-quarters (74%) of fintechs whose solutions are in the early adoption phase and almost all (85%) of those with an established offering or whose products have large scale adoption see it as their biggest technical challenge.

In many ways, compliance is the cost of doing business. It doesn’t generate revenue, but it is an essential part of operating effectively as a business today. Whether it’s industry specific regulations, or the standout regulation of our time – GDPR - we are all acutely aware of the damage, both reputational and financial, that non-compliance can cause.

Worldwide artificial intelligence (AI) software revenue is forecast to total $US62.5 billion in 2022, an increase of 21.3% from 2021, according to a new forecast from Gartner, Inc.