RBI Asks Banks to Assess AI Risk Gaps

RBI Asks Banks to Assess AI Risk Gaps

The Reserve Bank of India (RBI) has issued an urgent directive giving banks and regulated entities until June 30, 2026, to submit a board-approved gap assessment and a time-bound action plan. This mandate is a proactive response to the emergence Read More …

Third-Party AI Risk: How to Audit FinTech Partners and AI Vendors

Third-Party AI Risk:

Banks and financial institutions increasingly rely on AI solutions from third-party vendors and FinTech partners. These collaborations enhance innovation and operational efficiency but also introduce operational, compliance, and reputational risks. Mismanaged AI systems can lead to failures, regulatory breaches, and Read More …