Latest Operational risk News: Finextra Research

IOSCO highlights risks of tokenisation

A report from the International Organization of Securities Commissions (IOSCO) has highlighted the challenges involved with the nascent tokenisation market including uneven efficiency gains for participants, legal uncertainty and inconsistent regulation.

11 November 2025

News/sustainable

Sustainable Finance.Live 2025 comes to a catalytic close

Charlotte O’Leary, CEO, Pensions for Purpose, brought Sustainable Finance.Live 2025 to a close with a passionate keynote on the underutilised role of pensions in the sustainability conversation - and spoke to a new, catalytic era.

05 November 2025

News/cloud

MS Azure outage raises questions over cloud dependencies

The spotlight has once again been shone on the prominent role played by a small number of cloud computing providers after an outage suffered by Microsoft's Azure platform

30 October 2025

News/regulation

Regulator warns Australian banks on technology risks

Australian banks and their internal audit teams need to pay more attention to the risks posed by legacy technology and an over reliance on a select number of cloud providers, according to the industry's watchdog.

28 October 2025

News/people

UBS reshuffles top ops roles

Swiss bank UBS has announced a series of changes to its executive team including a reshuffle of its operations and technology roles.

27 October 2025

News/cloud

Banks come back online after AWS outage

UK banks' online services are beginning to recover after a problem with Amazon Web Services (AWS) caused widespread outages across several apps and websites.

20 October 2025

News/cloud

AWS outage hits UK banks' online services

Lloyds Bank, Halifax and Bank of Scotland have seen their online services go down following an outage at Amazon Web Services (AWS).

20 October 2025

News/ai

BoE issues warning over potential AI bubble

UK investors should prepare for the possibility of a sharp correction in the value of UK stocks due to falsely inflated valuations for AI companies, according to the Bank of England.

08 October 2025

News/ai

Two-thirds of bank staff using unapproved AI tools - survey

The prevalence of shadow AI, whereby bank staff are using unapproved tech, poses a growing risk to the financial services industry, suggests recently published research.

08 October 2025

News/ai

Cube buys AI operational risk provider Acin

London-based RegTech Cube has acquired operational risk AI and technology provider Acin. Financial terms were not disclosed.

19 June 2025

News/security

Cyber attacks keep me awake at night - HSBC UK boss

The boss of a UK high street bank has told a panel of politicians that the possibility of a cyber attack "keeps me awake at night".

21 May 2025

News/security

Ox Security closes Series B at $60 million

The round brings the application security platform and cybersecurity company's total funding to $94 million. Led by DTCP with participation from Swisscom, IBM, Evolution Equity and Team 8, the capital will be used to strategically grow production innovation and global footprint.

09 May 2025

News/regulation

Capgemini launches perpetual KYC sandbox

French IT services and consulting company Capgemini is claiming an industry-first after releasing its perpetual KYC (pKYC) sandbox.

08 May 2025

News/security

IBM, BillGo on securing payments against quantum computing threats

At Nacha event Smarter Faster Payments 2025 in New Orleans, a weekend panel session explored how financial institutions must establish an internal risk committee that assesses and mitigates future quantum-related threats.

28 April 2025

News/sustainable

SFLive hackathon winners AfriGIS to launch Resolve Water climate risk solution

AfriGIS, winners of the 2024 Sustainable Finance Live hackathon have developed Resolve Water: a climate and water intelligence for businesses.

25 April 2025

News/regulation

Revolut links risky behaviour to staff bonuses

Revolut has expanded an internal 'Karma' system that tracks how employees follow risk and compliance processes, linking their behaviour to their bonuses.

25 April 2025

News/ai

BofE eyes AI's risk to financial stability

As firms integrate more advanced AI-based analysis into their core trading and investment activities, regulators need to vigilant about potential financial stability risks, the Bank of England's Financial Policy Committee warns.

10 April 2025

News/regulation

DORA: Learn how to fortify operational resilience at NextGen Nordics

The introduction of the Digital Operational Resilience Act (DORA) in 2022 marked a pivotal shift, requiring financial institutions to bolster their ability to withstand and recover from a range of cyber and operational disruptions. The upcoming NextGen Nordics 2025 event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025 promises to be a unique platform for banking professionals and industry leaders to explore how DORA is reshaping the financial ecosystem, focusing on operational resilience, cybersecurity, and the future of innovation in the sector.

04 March 2025

News/security

AFP: Business continuity starts with careful plans

A series of tough questions greeted a room of just-arrived attendees to AFP in Nashville, Tennessee before the keynote address from Malcolm Gladwell who delved into weighty matters, exploring anecdotes and examples from his new book Revenge of the Tipping Point.

22 October 2024

News/crime

Big tech and banks fall out over compensation for fraud victims

A war of words has broken out between banks and big tech firms over who should be primarily responsible for reimbursing victims of fraud.

07 October 2024