The Asia Pacific region is witnessing the rapid expansion of real-time payments.

In a world marred with geopolitical tensions, and wobbly banking systems, India’s UPI stands out as a clear winner of its objective. This gains traction as the richest countries of the world — Japan, Singapore, and the like — besides those from the other end (the likes of Sri Lanka), look into the technology that India boasts of through the Unified Payments Interface (UPI).

In the rapidly evolving landscape of financial technology, or fintech, a new player has emerged to transform the game – RegTech. Regulatory Technology, or RegTech, is reshaping how financial institutions navigate compliance and regulatory challenges.