AI-powered regtech set for global growth after expanding workforce by 46%

A London firm specialising in regulatory technology for businesses has announced plans for further international expansion following a period of growth. TAINA Technology has grown its workforce by 46 per cent in 2020, despite the disruption caused by COVID-19 and the subsequent lockdown. Founded by tax lawyer Maria Scott, TAINA uses machine learning to allow businesses to streamline the validation of tax forms. The firm, which has already established a presence in both the UK and US, has plans to expand globally into new markets. TAINA Technology founder, Maria Scott, explained: "As a tax lawyer, I know from first-hand experience the burden that regulatory compliance procedures place on businesses. "TAINA helps automate some of the most painful elements of compliance (FATCA and CRS), reducing cost and risk, while improving customers' experience and streamlining their onboarding.