Why 58% of European Fintechs Automate Compliance (And Why You Should Too)

From PSD2 to AMLD6, the regulatory landscape in Europe is only getting more complex, and the pressure is on. For fintechs, especially those handling payments, staying compliant is mission-critical. But as compliance demands grow, traditional manual processes and legacy systems are becoming a serious liability.

Manual compliance operations are resource-heavy, slow, and prone to human error. For fintechs trying to scale, they become a bottleneck that delay product launches and increase operational risks. That's why this article briefly delves into the importance of automation, especially for fintechs looking to optimize performance.

58% of Fintechs in Europe Have Already Automated Compliance

A growing number of fintechs are already moving ahead. In fact, 58% of European fintechs have adopted compliance automation. At its core, automation is about staying agile and competitive in a fast-moving market.

Simply put, automation enables faster onboarding, quicker product iterations, and a proactive approach to regulatory changes. The companies embracing it are pulling ahead of competitors still stuck in manual or legacy mode.

What Compliance Automation Actually Delivers

Compliance automation offers tangible business benefits, including, but not limited to:

• Real-time risk monitoring: Continuous monitoring and analysis help detect suspicious activity instantly and reduce risk exposure.

• Audit-ready reporting: Automatically generate logs and records, saving weeks of manual prep during reviews or investigations.

• Lower overhead, faster go-to-market: With optimized processes, fintechs can scale without bloating compliance teams.

Early adopters are turning compliance into a strategic advantage. Automation enables faster customer onboarding and real-time updates, creating a smoother experience for users and regulators alike.

For payments companies, where trust and speed are paramount, this shift is much more than a nice-to-have. Regulators are watching more closely than ever and staying compliant, whilst remaining nimble, requires infrastructure that can scale with you.

How spektr Helps Payments Companies Automate Compliance

At spektr, we primarily build for ambitious fintechs and payments companies. Our compliance automation platform simplifies workflows and is built to provide real-time monitoring and integrate easily with your existing systems.

So, whether you’re expanding into new markets or need to adapt quickly to new regulations, our platform makes sure to keep your operations audit-ready and future-proof, without slowing you down.

So, if you want to join the 58% who’ve made the leap, we’d love to show you how spektr works!