By Evan Weinberger (August 11, 2017, 6:53 PM EDT) -- Banks have spent the last several years investing in technology to both serve their customers and simplify regulatory compliance, but with the Trump administration looking to ease the operating environment, financial institutions will have to hope their systems are nimble so those investments don't go to waste.
With hundreds of millions of dollars thrown at the development of technological systems aimed at making it easier to comply with everything from anti-money laundering regulations to the Volcker Rule, banks are betting that their so-called regtech tools will be able to adapt to a changing regulatory environment.
If the tools those banks have developed...
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