The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Why industry leaders must look past the hype to the hard realities. Artificial intelligence is transforming banking at unprecedented speed — powering fraud detection, compliance automation, credit ...

Michael Hsu, acting director of the Office of the Comptroller of the Currency, said in a speech Tuesday that regulators are looking at issuing a rule to govern operational risk at the largest banks to ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...

The banking crisis took a back seat while Congress navigated the suspension of the country's debt ceiling until 2025. However, this crisis calls for more stringent government oversight of the ...

Fraud detection is no longer enough to protect today’s financial ecosystem. As digital transactions increase in volume and complexity, banks require intelligent systems that can assess risk with ...

In March, the global financial system was in a state of pandemonium. The unexpected collapses of Silicon Valley Bank and Signature Bank in the US coupled with a run on some banks ignited fears of a ...