Thank you for signing up! Did you know with a Plus subscription to Express and Star you get full access to our award winning journalism for the news that matters to you and more. BNP Paribas Personal ...

Discover the implications of RBI's AI model risk draft for banks and fintechs. Learn how it impacts governance and compliance ...

DataVisor, the AI-native real-time decisioning platform for fraud and financial crime prevention, today announced that its customer, NASA Federal Credit Union (NASA FCU), won the C elent Model Risk ...

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Artificial intelligence is fundamentally changing how lenders assess credit risk, moving the industry away from one-time ...

The actuarial methodology powering insurance risk models is advancing faster than most carriers realize. Here is what is ...

Canada’s federal banking reforms are creating new opportunities for credit unions to expand nationally. Here's how AI, data ...

The regulator's proposed framework seeks to ensure that while AI powers banking decisions, legal accountability continues to rest with the institutions deploying it.

OneMain Holdings stays resilient in macro volatility with secured loans and a 7% dividend yield. Click here to read more ...

The Reserve Bank had issued the draft Regulatory Principles for Management of Model Risks in Credit on August 05, 2024, with a view to strengthen governance and risk management practices relating to ...

Following the recent closure of German insurer Gothaer’s €100 million Yardstick Re DAC (Series 2026-1) flood catastrophe bond ...

With the 2011 standard now superseded, KDOA and its Model IQ platform help banking organizations map their model risk programs to the revised guidance, and govern the AI models the regulators ...