RBI's crackdown on Paytm Payments Bank underscores the need for robust compliance. The surge in demand for legal and compliance experts reflects this trend. Automation can streamline compliance processes, particularly in areas like data privacy, AML/KYC, cybersecurity, contract management, environmental health & safety, policy management, and regulatory reporting. Leveraging AI, ML, RPA, APIs, automatic evidence attachment, and blockchain technology can enhance efficiency and accuracy in compliance efforts.