The banking industry has always been at the forefront of adopting new technology. Driven by the need to stay competitive and meet evolving demands, banks have transformed with cutting-edge technologies — especially artificial intelligence (AI) — that enhance customer experience, Read More …
Tag: risk management
How AI Is Disrupting And Reshaping The Future Of Banking
Make disaster risk management professional: PM’s principal secretary P K Mishra
Prime Minister’s principal secretary P K Mishra said on Saturday that programmes like the national platform for disaster risk reduction (NPDRR) are turning into a Jan Andolan (a people’s movement), at the same time emphasising that disaster risk management needs to be professionalised at the state Read More …
How Executives Can Better Prepare For And Manage Risks
The collapse of Silicon Valley Bank and the recent concerns about Credit Suisse are a sharp reminder — if any were truly needed — that risk is always with us and, by its very nature, comes when and where we least expect it. In Read More …
What Comes Next in Policy & Risk Management for Your Organization
SVB Collapse: What Happened? Since 1983, Silicon Valley Bank provided banking services to tech firms, funding early-stage startups and venture capital that conventional lenders wouldn’t take up. SVB was a banker to nearly half of the United States’ venture-backed technology Read More …
What can risk managers do better in 2023?
In the post-pandemic world, risk managers must reevaluate what constitutes an ‘acceptable’ risk With COVID behind us, 2023 exhibits a landscape different to the past three years when most enterprises simply strived to survive. Taking a forward-looking approach, risk managers Read More …
The biggest challenges in risk management for 2023
To thrive in an ever-changing and complex risk environment, leaders look for the most effective way to mitigate an array of potential dangers that can obstruct strategic initiatives and operations. Aiming to minimize firm-wide risk and striking a balance between Read More …
A risk management playbook for improving organizational resilience
What do these high-profile incidents have in common? They were unexpected, catastrophic events where system responses consistently lagged behind the incident despite numerous opportunities for intervention. In fact, some of the underlying problems had existed and were known about for Read More …
How to manage third-party risk in the public sector
Public sector organizations rely on third-party services to improve efficiency, enhance cost effectiveness, and meet the needs of their stakeholders. However, third-party services also pose unique risks to organizations operating in the public sector. Public sector organizations need the tools Read More …
The importance of understanding risks in mutual funds
Like all other investment possibilities, risk is an unavoidable part of investing. Different investments have different points of the risk spectrum. Just like that, mutual funds also carry risks. Mutual funds are known to be one of the most preferred Read More …
Gartner Survey Shows Third-Party Risk Management “Misses” Are Hurting Organizations
Enterprise Risk Management Teams Need a Better Approach to Third Parties Enterprise risk management (ERM) teams are struggling to effectively mitigate third-party risk in an increasingly interconnected business environment, according to Gartner, Inc. In a Gartner survey of 100 executive Read More …