Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
India and the United Kingdom have agreed to strengthen cooperation in telecommunications and explore the use of artificial intelligence to combat digital fraud, marking another step towards coordinated action against technology-enabled financial crime. The cooperation is aimed at using technology Read More …
The Central Bank of the United Arab Emirates (CBUAE) and Mastercard have completed a capability-building programme focused on strengthening national expertise in fraud risk management. The initiative highlights the growing importance of specialised fraud prevention capabilities as financial institutions face Read More …
European banks are increasing investment in risk management, compliance and artificial intelligence as competitive pressure from fintechs and non-bank lenders intensifies, according to new research from Moody’s. The study found that 61% of European banks regard growing competition from new Read More …
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 …
Fraud in banking rarely occurs as a single isolated event. It follows recognisable patterns across transactions, customer behaviour, documentation inconsistencies, and operational control gaps. Detecting these patterns early is critical to preventing financial loss and regulatory exposure. This 5-hour practical course Read More …
Artificial intelligence–powered transaction monitoring is rapidly transforming how banks detect fraud and manage financial crime risks. As digital transactions grow across payment systems, financial institutions are increasingly adopting advanced analytics and machine learning tools to strengthen surveillance frameworks. AI-driven monitoring Read More …
The U.S. Office of the Comptroller of the Currency (OCC) has announced plans to strengthen regulatory expectations around liquidity risk management and anti-money-laundering (AML) compliance for national banks and federal savings associations. The proposed reforms aim to enhance the resilience Read More …
India’s banking system saw the total value involved in fraud rise to ₹48,021 crore in FY 2025-26, a 46.4% jump over the prior year, even as the number of reported cases fell sharply to 10,114. The Reserve Bank of India’s Read More …
A thorough understanding of its financial crime risks is key if a firm is to apply proportionate systems and controls. The following are self-assessment questions to help you implement an efficient risk assessment to mitigate the risk behind finance crime. Read More …