Banks and financial institutions increasingly rely on AI solutions from third-party vendors and FinTech partners. These collaborations enhance innovation and operational efficiency but also introduce operational, compliance, and reputational risks. Mismanaged AI systems can lead to failures, regulatory breaches, and Read More …
Tag: fintech risk
Third-Party AI Risk: How to Audit FinTech Partners and AI Vendors
RBI 2026 Banking Rules and Risk Management Implications
The recent regulatory changes introduced by the Reserve Bank of India in April 2026 mark a significant shift in the banking landscape. These reforms focus on strengthening digital security, supporting trade finance, and refining capital exposure norms. From a risk Read More …
$23 Million Hack Highlights Persistent Risks in DeFi Ecosystem
A recent $23 million hack involving Resolv has once again exposed critical vulnerabilities within the decentralised finance (DeFi) ecosystem, raising concerns over security, governance, and risk management in blockchain-based platforms. According to the report, the breach underscores the susceptibility of Read More …
AI Blind Spots Raise New Concerns in Vendor Risk Management
Emerging risks linked to artificial intelligence are creating new blind spots in vendor risk management, particularly as organisations increasingly depend on third-party technology providers. The evolving threat landscape is making it more challenging for firms to maintain visibility and control Read More …