For the last few years, AI in banking has mostly meant AI that recommends. A model flags a suspicious transaction, scores a credit application, or suggests the next best product, and a human banker still presses the button. That line Read More …
Tag: AI governance
Agentic AI in Banking: Who Is Accountable When AI Takes Action?
Sentient Index Labs Launches AI Risk Assessment
Sentient Index Labs & Technology has launched the Sentience Evaluation Battery, an independent behavioural risk assessment designed to examine how artificial intelligence systems respond under adversarial pressure. Unlike conventional benchmarks that primarily measure model capabilities, the assessment evaluates behavioural characteristics Read More …
Deutsche Bank Explores Agentic AI for Third‑Party Risk Management
Deutsche Bank has published insights on using agentic artificial intelligence (AI) to improve third‑party risk management, addressing challenges posed by complex supplier ecosystems and regulatory expectations. The report explains that agentic AI, AI systems with high autonomy and decision‑making capabilities — Read More …
How the NIST AI Risk Management Framework Helps IT Manage AI Risk
The NIST AI Risk Management Framework (AI RMF) has emerged as a key tool for IT and risk management teams seeking to safely adopt artificial intelligence technologies. Developed by the U.S. National Institute of Standards and Technology (NIST), the framework Read More …
RBI Mythos AI Cybersecurity Advisory: Risk Team Checklist for Indian Banks
Artificial intelligence adoption in Indian banks is growing rapidly, enabling efficiencies in customer onboarding, credit assessment, fraud detection, and operational decision-making. However, these AI systems introduce new cybersecurity and operational risks. Recognizing this, the Reserve Bank of India released the Read More …
AI Capability Building Programme for Financial Institutions
A Hybrid Capability-Building Programme for Banks, NBFCs & Regulated Financial Institutions Self-Paced Online Courses + Live Faculty-Led Immersion + Dual Certification under BFSI Sector Skill Council of India & RMAI Executive Summary Artificial intelligence is moving from experimentation to expectation Read More …
RBI Mandates AI ‘Kill Switch’ & Broadens Model Risk Framework
The Reserve Bank of India (RBI) has released a draft ‘Guidance on Regulatory Principles for Model Risk Management, 2026‘ for public consultation. This framework marks a major leap forward in AI governance for India’s financial sector, significantly broadening regulatory oversight Read More …
Reported AI Errors in KPMG Document Highlight Growing Governance Risks
A report prepared by KPMG reportedly contained AI-generated inaccuracies, or “hallucinations,” related to the use of artificial intelligence at UBS, raising concerns about the reliability of AI-assisted content creation in professional services. The incident has drawn attention to the challenges Read More …
ANSI Launches Initiative to Shape Future Standards for Frontier AI Risk Management
The American National Standards Institute (ANSI) has invited industry experts, policymakers, researchers, and other stakeholders to contribute to the development of standards for frontier AI risk management. The initiative aims to establish frameworks that can help organizations safely develop, deploy, Read More …
Companies Increase AI Spending Amid Growing Risk Management Concerns
Businesses across Hong Kong and mainland China are significantly increasing investments in artificial intelligence as they seek to enhance efficiency, innovation, and competitiveness. However, the rapid adoption of AI is also creating new challenges related to governance, cybersecurity, regulatory compliance, Read More …