Operational risk

390 articles tagged with this keyword

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/ai

Ethos raises $6m to modernise model risk management

Ethos, the modern model risk management platform, announced today a seed investment of $6M to become the gold-standard platform enabling financial institutions and fintechs to manage model risk with confidence.

/people

Understanding and Leveraging GCCs for Transformational Growth

Speaking from the FinextraTV virtual studio, Sharada Nandakumar, CEO, Voya India and Roshan Shetty, BFSI & Public Services Head - Americas, Tech Mahindra help to define what Global Capability Centres are, why they can be so transformational and the challenges to securing great talent that come with them.

/markets

HSBC launches market-first cross-currency netting in China

HSBC has provided Philips with a market-first treasury solution in mainland China. This first-of-its-kind netting solution reduces the hundreds of intra-group multi-currency transactions that Philips entities in mainland China make each month into a single RMB cross-border transaction, streamlining processes, lowering costs, and unlocking working capital.

/sustainable

Sustainable Finance Live Hackathon 2024 Winners: Emerging Category

Join FinextraTV as Richard Peers, Contributing Editor, Finextra and Founder of Responsible Risk, speaks to the winners of the Emerging Category for the Sustainable Finance Live Hackathon 2024: HSBC’s Nell Agate Tsui, University of Oxford’s Dr Nicola Ranger, and the Malaysian Youth Delegation’s Qiu Wong. This year’s event focused on all things natural capital, namely how to price and assess risk amid a variety of macroeconomic issues and new policies coming to the fore. The winning team’s solution – named Nature Delta – worked to connect nature risk in its multifaceted nature direct to companies, with the aim of ensuring that lending and target setting is conducted with risk in mind, as well as deciphering the jumble of complexity that comes with natural capital and leveraging actionable insights.

/Operational risk

2024 Fraud Trends in Banking, Insurance, and Beyond

593 downloads

/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.

/Operational risk

Managing Fraud Risks with Synthetic Data

277 downloads

/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.

/Operational risk

Adding GenAI To Your Fraud Prevention Strategy

426 downloads