Risk Management news and trends

Thredd CEO: Compliance Will Define Future of Payments
Payments Innovation // April 25, 2024

Whenever you see a successful business, someone once made a courageous decision. That quote, by management consultant Peter F. Drucker, holds more true today than ever before — particularly given the shifting dynamics and challenges of the contemporary macro operating environment, where courageous and agile...

Rapid FinTech Growth Adds Risk to Inbound Account Funding
Opinion // April 22, 2024

The quick growth of neobanks and FinTechs has put an increased emphasis on secure money movement. Ingo Payments CEO Drew Edwards details the challenges in money movement and their solutions in the new PYMNTS eBook, “The Implications of Uncertainty.” Navigating the uncertainties surrounding inbound funding sources...

Capra Bank CEO Sees Huge Upside for AI and Risk Assessment
artificial intelligence // April 10, 2024

At this point in artificial intelligence’s (AI) relatively brief life, we’ve heard a lot of different angles to the banking story. It has been called a job killer and a job creator. It has established itself as an excellent fraud detection application but needs human...

Managing Third-Party Risks Emerges as Key B2B Issue
B2B Payments // April 09, 2024

The B2B landscape is built atop trusted relationships, both formal and informal. These relationships can include partnerships and collaborations with third-party vendors, suppliers, contractors, service providers and more; and while these relationships can offer numerous benefits such as cost savings, access to specialized expertise and...

Interviews & Exclusives
Customer Data, Technology Unlock Profitability Amid Uncertainty

April 26, 2024
Companies can leverage customer data and use technology to prosper in uncertain times, i2c Global Head of Operations John Bresnahan writes in the new PYMNTS eBook, “The Implications of Uncertainty.”   The direction of the United States and world economies is uncertain and geopolitical risks seem to be growing. What are financial institutions to do […]

Thredd CEO: Compliance Will Define Future of Payments

April 25, 2024
Whenever you see a successful business, someone once made a courageous decision. That quote, by management consultant Peter F. Drucker, holds more true today than ever before — particularly given...

Rapid FinTech Growth Adds Risk to Inbound Account Funding

April 22, 2024
The quick growth of neobanks and FinTechs has put an increased emphasis on secure money movement. Ingo Payments CEO Drew Edwards details the challenges in money movement and their solutions...

Capra Bank CEO Sees Huge Upside for AI and Risk Assessment

April 10, 2024
At this point in artificial intelligence’s (AI) relatively brief life, we’ve heard a lot of different angles to the banking story. It has been called a job killer and a...

Quick Reads
AWS and AXA to Develop Global B2B Risk Management Platform

April 04, 2024
Amazon Web Services (AWS) and AXA are jointly developing a global business-to-business (B2B) risk management and prevention platform and associated software services. AXA, an insurance and asset management firm, will leverage AWS analytics capabilities to add services for existing clients and AWS clients through the AXA Digital Commercial Platform (DCP), the companies said in a Thursday (April […]

Lockchain.ai Debuts Blockchain Risk Management Solution

April 02, 2024
Lockchain.ai has debuted what it calls the first AI-powered blockchain risk management platform. The company, founded by a trio of cybersecurity CEOs, announced its launch Monday (April 1), saying its platform offered “automated...

Acting Comptroller Michael Hsu Says Bank-FinTech Partnerships Complicate Risk Monitoring

February 21, 2024
Michael Hsu, the acting comptroller of the currency, emphasized the importance of banks actively managing risks associated with their relationships with FinTech companies.  During a Wednesday (Feb. 21) speech at Vanderbilt...

Archer Adds AI-Driven RegTech Solutions With Compliance.ai Acquisition

February 20, 2024
Archer, a provider of risk management solutions, has acquired Compliance.ai, a supplier of artificial intelligence (AI)-driven regulatory change management solutions. This acquisition is expected to empower Archer clients with AI technology...