Reggy launches European regulatory compliance platform

Compliance management is becoming a significant hurdle for businesses operating in Europe, and a new platform called Reggy is launching to help solve that problem. For retailers and lenders offering consumer financing, the administrative burden of keeping up with new rules like the EU AI Act and updated consumer credit directives is growing. Reggy aims to act as a single dashboard to manage these shifting regulations, replacing manual spreadsheets and fragmented tracking methods. If you operate internationally or use automated credit decisioning tools, this technology matters for your business. The platform helps companies identify which specific rules apply to their operations and provides a roadmap for staying compliant. As financing regulations become more complex, especially regarding how AI is used to approve or deny customers, tools like this will likely become standard for risk management. Relying on manual updates is becoming a liability. Using a centralized platform can reduce the risk of fines and operational downtime caused by regulatory oversight. While the platform is launching in Norway, its focus on broad European Union standards makes it a relevant tool for any merchant or lender with a footprint in the EU market.

Source: Finextra — Lending

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