Latest Operational risk News: Finextra Research

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

News/regulation

FDIC hints at new bank reconcilement rules following Synapse failure

The US Federal Deposit Insurance Corporation (FDIC) is looking at plans to protect customers from fintech failures, reports Bloomberg Law.

06 September 2024

News/security

“Saving patient zero”: Blackwired's new approach to cybersecurity

Cyber risk has advanced to be the number one risk to the global economy.

03 September 2024

News/payments

NextGen Nordics 2024: Nordics can look outwards for new instant payments approaches

In the first panel of NextGen Nordics 2024, Finextra’s head of content Madhvi Mavadiya moderated the session: ‘Instant payments – how to prepare for RIX-INST on TIPS and the benefits of starting with Swish’.

23 April 2024

News/regulation

Temenos rejects Hindenburg claims after probe completed

Shares in core banking provider Temenos have risen upon news that an investigation commissioned by the company found that accusations of mismanagement by short seller Hindenburg Research were "inaccurate and misleading".

15 April 2024

News/people

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

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

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