AI-Powered Credit Risk May Threaten Jobs and Tax Revenues, Fitch Warns

Fitch Ratings has cautioned that the rising use of artificial intelligence (AI) in credit risk management could potentially disrupt employment and reduce tax revenues in developed economies. AI-driven automation in banking and financial services is increasingly replacing traditional credit assessment Read More …

Imarticus Learning Reimagines Fintech Education with AI-First Curriculum

Imarticus Learning has launched a new AI-first curriculum designed to transform fintech education and equip students with skills in business analytics and digital finance. The program integrates artificial intelligence tools and data-driven decision-making into traditional finance and technology courses, aiming 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 …

SEBI Sets Up Task Force to Counter AI-Driven Cybersecurity Risks in Markets

The Securities and Exchange Board of India (SEBI) has established a dedicated task force to address the growing threat of AI-driven cyber risks in India’s financial markets. The initiative aims to strengthen cybersecurity preparedness and enhance the resilience of market Read More …

AI Reshapes Risk and Customer Strategy Across India’s Banking and Insurance Sector

India’s banking and insurance sectors are increasingly leveraging artificial intelligence (AI) to transform how they manage risk, generate revenue, and engage with customers. Financial institutions are deploying AI-driven tools across credit underwriting, fraud detection, claims processing, and customer service functions. 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 …

DigitalXForce Introduces AI and Quantum-Powered Risk Management Solution

DigitalXForce has launched a new AI and Quantum Risk Management Platform designed to help organizations identify, assess, and manage emerging technology and cybersecurity risks. The platform combines artificial intelligence with quantum-focused analytics to provide advanced risk intelligence and decision-support capabilities. Read More …