Latest Operational risk News: Finextra Research

Lloyds Bank cuts risk dept headcount

UK high street bank Lloyds Bank is reducing the size of its risk management department because it is seen as a “blocker” to the bank’s “strategic transformation”.

10 April 2024

News/security

Bank of Ireland blames latest glitch on "technical issue"

Bank of Ireland (BoI) was hit by another outage on Friday when its mobile banking app went down for around four hours.

08 April 2024

News/security

Banks told to expand risk management to cover AI

A report from the US Treasury has called on banks to bolster their risk management frameworks in order to avoid being overwhelmed by AI-powered fraudsters and cybercriminals.

28 March 2024

News/regulation

Russia-linked fintechs hit with US sanctions

The US government has imposed sanctions on 13 fintechs for offering crypto-based services to Russian firms looking to evade the economic restrictions in place since the outbreak of war in Ukraine.

26 March 2024

Research/Operational riskSurvey

Definitive Differentiators - Forging a future-proof payments model

18 March 2024 600 downloads

News/startups

EBAday 2024: Calling early-stage startups to showcase products

The 19th edition of EBAday, the largest annual European event for payments and transaction banking, will return on 18th – 19th June 2024 at CCL in Lisbon, Portugal.

15 March 2024

Research/Operational riskImpact Study

APP Fraud Liability: A Guide for Banks

06 March 2024 562 downloads

Research/Operational riskEvent Report

Mastering DORA: A Strategic Guide to Operational Resilience

28 February 2024 594 downloads

Research/Operational riskImpact Study

8 Steps to Efficient Transaction Fraud Monitoring

08 February 2024 542 downloads

Finextra TV/predictions

Responding to regulations: AI solutions boosting operational resilience in 2024

In anticipation of upcoming banking regulations, such as the EU's 2025 deadline, Sumant Kumar, CTO, Banking and Financial Markets, NTT DATA UK&I, provides insights into the impact of artificial intelligence on operational resilience for the year ahead. As a part of our Predict 2024 series, we explore how banks can deploy predictive AI to enhance operational efficiency, alongside the modernisation of infrastructure through converting legacy code with generative AI. We discuss how banks can employ supply chain risk management with the support of operations, improving both customer experience and security in the year to come.

05 February 2024

News/payments

Finextra's top research reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded whitepapers, sentiment papers and surveys over the course of the past year. These reports are Finextra-led and cobranded, based on editorially balanced, independent, referenced desk-based and online research.

28 December 2023

News/payments

Finextra's top impact study reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded impact study reports over the course of the past year. Our impact study reports are how-to, best practice guides that support those in the financial industry in their utilisation and optimisation of particular technologies, as well as providing an outlook at future trends to watch.

27 December 2023

Research/Operational riskImpact Study

AI and Cloud: The Proving Ground for Regulatory Resilience in 2024

22 December 2023 658 downloads

Company update/wealth

Interop.io launches desktop interoperability tool

Interop.io, the leading interoperability provider for the finance industry, today released its desktop interoperability maturity model.

29 November 2023

News/regulation

UK companies backsliding on sanctions screening

UK companies are failing to keep up with the requirements for sanction-screening prospective clients despite the high level of global geopolitical unrest, according to a recently published survey.

23 November 2023

News/security

DORA to spark changes in risk management tech

The imminent introduction of the EU's Digital Operational Resilience Act (DORA) will force sell-side firms to make significant changes to their third party risk management software and strategies, suggests a recently published survey.

22 November 2023

Company update/wholesale

BNP Paribas taps Lenvi to support European risk management

Lenvi, the leading provider of commercial lending software and solutions to the factoring and receivables finance market, has been appointed by BNP Paribas, to support its European risk management and operations functions through its risk management software Riskfactor.

30 October 2023