Financial regulators’ global efforts to crack down on rogue practices in the banking sector have brought about some notable victories in recent months, highlighting that the operational risk for banks ...

The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

Paul Payne explores why lift-and-shift cloud strategies, modular platforms and microservices failed to resolve core banking ...

Dr Gulzar Singh examines how material banking risks often persist not because they are unknown, but because they fall between ...

Banking trade associations told the Office of the Comptroller of the Currency that regulators should reform rules around ...

A financial systems expert examines rising architectural risks in banking platforms as accelerated digital transformation ...

The Office of the Comptroller of the Currency (the “OCC”) recently issued the agency’s semi-annual perspective on key risks facing banks in 2024 with a special focus on potential threats to safety and ...

Open banking, embedded finance, and AI are changing where bank data flows. Data privacy now determines how far innovation can ...

As banks and fintech firms increasingly rely on third-party vendors — from cloud providers to identity-verification platforms — they face a complex web of operational, regulatory, cyber, and systemic ...