Risk news and trends

DeepSeek Security Testers Uncover ‘Pandora’s Box’ of Cyberthreats
artificial intelligence // February 11, 2025

A cybersecurity company says its research has unearthed serious threats from upstart AI model DeepSeek. Calling the artificial intelligence (AI) model a “Pandora’s box” of risks, AppSOC on Tuesday (Feb. 11) released findings from tests the company said showed a series of failures. “The DeepSeek-R1 model underwent rigorous testing using...

BIS: Central Banks Need ‘Comprehensive Risk Management Strategy’ for AI
artificial intelligence // January 29, 2025

Central banks must balance innovation and risk mitigation when looking to adopt artificial intelligence, the Bank for International Settlements (BIS) said in a report released Wednesday (Jan. 29). “The report argues that central banks need to find a balance between fostering innovation using AI and...

What Treasurers Can Learn From How Central Banks Approach Risk
B2B Payments // January 24, 2025

As Warren Buffet once said, risk comes from not knowing what you’re doing. After all, opportunities multiply as they are seized — but so do the negative consequences of risk. For corporate treasures and finance teams operating in today’s uncertain environment, many of whom are...

FDIC Suit Against Former SVB Execs Highlights Continued Scrutiny of Risk Models
Bank Regulation // January 20, 2025

The new administration is here, ushering in a phase of uncertainty surrounding banking regulations and the state of the regulatory agencies themselves. Beyond the usual avenues of rule-making and enforcement actions, a flurry of movement in the courts also offers up an additional way to...

Interviews & Exclusives
FDIC Suit Against Former SVB Execs Highlights Continued Scrutiny of Risk Models

January 20, 2025
The new administration is here, ushering in a phase of uncertainty surrounding banking regulations and the state of the regulatory agencies themselves. Beyond the usual avenues of rule-making and enforcement actions, a flurry of movement in the courts also offers up an additional way to shape corporate policy and internal operations — where lawsuits can […]

How Real-Time Data Impacts Liquidity Performance

January 08, 2025
The premise of the 2002 film “Minority Report” revolves around using advanced predictive technology to stop crimes before they occur. While the story, originally by sci-fi writer Phillip Dick, focuses on...

Why More Connectivity Means More Vulnerability for Cross-Border Payments

December 16, 2024
Today’s interconnected world is, well, increasingly connected. Fundamentally, that means it relies on trust. In the contemporary era dominated by digital payments and financial innovation, advances and threats alike are...

Managing Third-Party Risks Emerges as Key B2B Issue

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...

Quick Reads
DeepSeek Security Testers Uncover ‘Pandora’s Box’ of Cyberthreats

February 11, 2025
A cybersecurity company says its research has unearthed serious threats from upstart AI model DeepSeek. Calling the artificial intelligence (AI) model a “Pandora’s box” of risks, AppSOC on Tuesday (Feb. 11) released findings from tests the company said showed a series of failures. “The DeepSeek-R1 model underwent rigorous testing using AppSOC’s AI Security Platform,” the company wrote on its blog. […]

BIS: Central Banks Need ‘Comprehensive Risk Management Strategy’ for AI

January 29, 2025
Central banks must balance innovation and risk mitigation when looking to adopt artificial intelligence, the Bank for International Settlements (BIS) said in a report released Wednesday (Jan. 29). “The report...

CFPB Establishes Supervisory Authority Over World Acceptance

February 26, 2024
The Consumer Financial Protection Bureau (CFPB) has taken action to establish supervisory authority over installment lender World Acceptance Corp., saying it aims to ensure compliance with federal consumer financial protection laws. “The CFPB...

EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks

February 12, 2024
Europe’s new top bank regulator wants lenders to beef up plans for dealing emerging risks. “Many of the issues dominating today’s headlines were inconceivable a decade ago,” Claudia Buch said in her...