Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Artificial intelligence is increasingly reshaping how organisations design and manage compliance control frameworks, helping firms move away from manual, fragmented processes toward more integrated and intelligent systems. As regulatory expectations grow more complex across financial services, technology, and payments, companies Read More …
Axis Finance has launched its new ABC Scorecards, a data-driven credit evaluation system built in partnership with TransUnion CIBIL, aiming to significantly enhance the precision, speed and reliability of credit risk management across lending operations. The scorecards leverage CIBIL’s advanced Read More …
Artificial intelligence has taken centre stage as the foundation of next-generation payments and risk infrastructure, according to discussions at the Singapore FinTech Festival 2025. Industry leaders, regulators, and technology innovators highlighted that AI is no longer a support tool but Read More …
A new partnership between Decta, a global payment service provider, and Actuary Aero, a predictive analytics firm, aims to transform risk management for financial institutions by leveraging deeper data intelligence. The collaboration is expected to enhance fraud detection, improve credit Read More …
A recent EY report titled “Beyond the numbers: Shaping the future of non-financial risk management” highlights the urgent need for banks to modernize their approach to managing non-financial risks (NFR). As banks face increasing pressure from regulators, stakeholders, and the Read More …
Agio Ratings, a pioneering fintech firm specializing in digital asset risk assessment, has secured $6 million in seed funding to accelerate the development of its risk management infrastructure. The funding round was led by ParaFi Capital, with participation from notable Read More …
The Reserve Bank of India (RBI) has urged financial institutions and technology adopters to strike a balance between the rapid adoption of Artificial Intelligence (AI) and robust risk management practices. While acknowledging the transformative potential of AI in improving operational Read More …
A recent blog on Financial IT explores the growing concern of model risk in financial services, especially with the rapid adoption of AI and machine learning models. As financial institutions integrate AI into credit scoring, fraud detection, and portfolio optimization, Read More …
Finance Minister Nirmala Sitharaman has called on fintech companies to enhance their risk management frameworks to prevent the misuse of artificial intelligence (AI). Speaking at the Global Fintech Fest, she emphasized the need for responsible AI deployment, particularly in financial Read More …