Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
Mashreq has launched new generative AI capabilities within its fraud management platform in collaboration with Clari5, a Perfios company, to strengthen fraud detection and financial-crime investigations. The new capabilities focus on three areas: improving fraud detection effectiveness, increasing analyst productivity Read More …
An RMAI Risk analysis of the Punjab National Bank Greater Noida fraud investigation, examining operational risk, fixed deposit controls, employee access, early warning indicators, concurrent audit and RBI’s 2026 fraud risk management framework. 1. What Happened at Punjab National Bank’s Read More …
Artificial intelligence is creating value across KYC, sanctions screening, transaction monitoring, fraud detection and credit risk, but Deutsche Bank says speed of adoption must not come at the expense of testing and human oversight. Tsvetanka Nankova of Deutsche Bank describes Read More …
Artificial intelligence (AI) is increasingly transforming the risk management function by enabling organisations to identify threats earlier, analyse complex data patterns and make more informed decisions. As risks become more interconnected and dynamic, AI-powered tools are helping risk professionals move Read More …
Artificial intelligence is bringing a significant shift in risk management by enabling organisations to move from reactive approaches towards more predictive and proactive decision-making. Traditionally, risk management relied heavily on historical data, periodic reviews and manual analysis. However, the increasing Read More …
The Comptroller and Auditor General of India (CAG) is exploring the use of artificial intelligence-driven tools to strengthen detection of procurement fraud, vendor collusion, and cartelisation within public auditing systems. The initiative reflects growing efforts to modernise governance frameworks and Read More …
Swaminathan J highlighted the transformative potential of artificial intelligence (AI) in the financial sector, while cautioning against unchecked adoption, in his speech titled “AI in Finance: What can change, what must never change.” He noted that AI-driven systems can significantly Read More …
Unit21 has appointed a new Chief Executive Officer as part of its strategy to accelerate growth in AI-driven risk and compliance infrastructure. The leadership change reflects the company’s focus on scaling its capabilities in managing financial crime and operational risks Read More …
Cyber fraudsters are increasingly deploying advanced techniques to bypass security mechanisms in Unified Payments Interface (UPI) transactions, raising concerns over the resilience of India’s fast-growing digital payments ecosystem. The evolving tactics highlight the need for stronger safeguards and greater user 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 …