RBI Says Govern AI Before Scaling It

Reserve Bank of India (RBI) Deputy Governor Rohit Jain has outlined a 10-point framework for managing technology and cyber risks, urging banks to strengthen governance as artificial intelligence becomes increasingly embedded in financial services. Speaking at the State Bank of Read More …

RBI Sets 10 Technology and Cyber Risk Requirements

The Reserve Bank of India has outlined 10 key requirements covering technology and cyber-risk management for regulated entities, emphasising stronger governance, controls and resilience as financial institutions become increasingly dependent on digital infrastructure. The requirements focus on ensuring that technology Read More …

Deutsche Bank Modernises Core Banking

Deutsche Bank’s Private Bank has selected Vault Core, a cloud-native core banking platform developed by Thought Machine, as part of a major technology transformation programme. The initiative aims to simplify the bank’s fragmented technology infrastructure and strengthen its operational resilience. Read More …

Data Becomes a Strategic Competitive Advantage

The banking industry is entering a new phase where data is emerging as one of the most valuable strategic assets. As artificial intelligence (AI) adoption expands across financial services, banks that can effectively collect, manage and analyse data will gain Read More …

Banking Industry in AI Era: Data Becomes a Strategic Competitive Advantage

The banking industry is entering a new phase of digital transformation where data is becoming one of the most important competitive assets. As banks increasingly adopt artificial intelligence (AI), the ability to collect, manage, analyse and use data effectively is Read More …

Absa Bank Modernises Credit Risk Management with Advanced Analytics

Absa Bank has strengthened its credit risk management capabilities through the adoption of advanced analytics and technology solutions aimed at improving risk assessment, decision-making and portfolio management. The initiative reflects the broader transformation taking place in banking, where financial institutions Read More …

Major US Banks Scale AI Across Operations

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 …

SBI to Expand AI Use for Fraud and Risk Management

SBI to Expand AI Use for Fraud and Risk Management

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 …