Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
RBI has finalised a compensation framework for victims of small-value digital fraud in banking, effective from January 1, 2027. A bona fide individual victim with a gross loss of up to ₹50,000 from a fraudulent electronic banking transaction will be Read More …
The top 10 KYC and AML failures in Indian banks are outdated or overdue periodic KYC updation, weak transaction monitoring, non-issuance of Unique Customer Identification Codes, incorrect customer risk categorisation, fragmented legacy compliance systems, weak Video-KYC and digital onboarding controls, Read More …
The modern digital banking ecosystem has expanded far beyond the traditional boundaries of internal IT parameters. With financial institutions increasingly relying on complex cloud architecture, core banking application programming interfaces (APIs), and third party FinTech vendor pipelines, the corporate threat Read More …