Last Friday, 2nd August, ASICs Regtech Monitoring Financial Promotions event has showcased 5 participating companies including Cognitive View presenting their methodologies for tackling challenges around monitoring, identifying and analyzing promotional material relating to banking, credit, and insurance.
ASIC has provided approximately 180 examples of promotional material relating to banking, credit, and insurance to demonstrators. Demonstrators have used the ASIC dataset (as a minimum) and public information (such as ASIC regulatory guides) to display how their solutions can improve on the compliance standards of promotional material.
In front of an industry audience, ASIC and a guest panel featured speakers from Commbank, Westpac, PWC, Citi Australia and many more. They discussed regtech solutions, focusing on the opportunities and challenges of applying these forms of technology.
Follow the link to watch the full event.