While regulatory change is a most pressing challenge for firms in numerous industries, for example automobiles (Liker, 2015; Schrage, 2015) and life sciences, the difficulty in successfully handling regulatory requirements is most challenging for financial services companies (Wessel, 2012; Moreno, 2014). The difficulty is present both for incumbent players as well as for FinTech startups. Regulatory requirements are seldom seen as an engine for innovation, but rather as an obstacle to creativity and customer satisfaction. At the same time as pressure for digital transformation continues to increase, regulatory changes should be seen as an opportunity for FinTech startups and incumbents alike.