RBI outlines new guidelines for banks to enhance oversight and risk management of AI and machine-learning models.

The Reserve Bank of India is planning to bring new rules for banks and financial institutions that use AI. As per the latest ...

Asked in which area of AI-related risk their bank was least prepared, 72% of bankers chose model kill-switch protocols (34%) ...

Bank AI regulation now enters every federal exam: the Fed, OCC, and FDIC are pressing lenders on kill switches, vendor chains ...

The Reserve Bank of India has released a draft circular proposing a comprehensive risk management framework for AI and machine learning models used by banks, enforcing absolute accountability for ...

Banks are rethinking liquidity management as regulation, technology and market dynamics reshape risk. Learn how banking execs are responding to the forces impacting liquidity while strengthening ...

CHEN XIAOGEN/FOR CHINA DAILY China's listed banks are ramping up the adoption of artificial intelligence, accelerating ...

Are the warnings about Anthropic's Claude Mythos AI model real or overblown? Bank CEOs met this week with Anthropic executives, Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent ...

Core banking modernization succeeds through phased, API-driven transformation—not risky “rip-and-replace” projects—reducing ...

The global banking sector is navigating unprecedented challenges volatile markets, evolving regulatory demands, and increasing customer expectations for speed and accuracy. Traditional risk assessment ...

Risk models at Credit Suisse had flagged the dangers before their $5.5 billion Archegos loss. Silicon Valley Bank's risk metrics showed clear warnings before their collapse. In both cases, ...