Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Vigilance in banking is often associated with investigations, disciplinary proceedings and action taken after misconduct has been detected. Its more important role, however, is preventive. An effective vigilance framework should identify vulnerable processes, unusual employee behaviour, control overrides and suspicious Read More …
Kenyan banks are increasingly deploying artificial intelligence and alternative data in credit risk management as the sector confronts elevated levels of non-performing loans and seeks more accurate ways to assess borrowers. According to the Kenya Bankers Association, lenders are integrating Read More …
The Federal Deposit Insurance Corporation (FDIC) is working with banking and fintech industry groups to create an independent standard-setting organisation aimed at improving how banks assess fintech companies and other third-party service providers. Under a draft term sheet dated July Read More …
JPMorgan Chase CEO Jamie Dimon is leading a new cross-industry effort aimed at helping banks and other critical infrastructure companies develop a coordinated approach to managing risks arising from the rapid adoption of artificial intelligence. The initiative is being developed Read More …
Absa Bank has modernised its credit risk management operations by deploying SAS Viya on Amazon Web Services (AWS), significantly accelerating regulatory reporting, model deployment and credit risk monitoring across its retail banking business. The new platform has reduced credit risk Read More …
Leading US banks including Bank of America, Citigroup and JPMorgan Chase are reporting measurable operational changes as artificial intelligence becomes increasingly embedded across banking workflows, from risk and finance to coding, client servicing and fraud management. At Bank of America, Read More …
The Bangko Sentral ng Pilipinas (BSP) has called on banks and other financial institutions to strengthen governance and consumer safeguards as the use of artificial intelligence expands across financial services. BSP Governor Eli Remolona Jr. said AI can help institutions Read More …
Goldman Sachs is moving its use of artificial intelligence beyond conversational assistants toward agentic AI systems capable of performing multi-step tasks across regulated banking workflows. The development marks a shift from AI tools that primarily assist employees to systems that Read More …
SBI is accelerating the deployment of artificial intelligence across critical banking operations, with a focus on fraud prevention, proactive risk management, anti-money laundering (AML) and cheque processing. SBI Chairman C. S. Setty said the country’s largest lender is increasingly using Read More …
Absa Bank has modernised its credit risk management infrastructure using SAS Viya on Amazon Web Services (AWS), significantly reducing reporting time while strengthening model governance and regulatory compliance. The initiative was announced by SAS on 5 August 2026. (PR Newswire) Read More …