Remove Credit Risk Remove Liquidity Risk Remove Risk Management
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How AI Improves Enterprise Risk Management (ERM)

The Finance Weekly

It is changing how businesses deal with Enterprise Risk Management (ERM), and AI algorithms can always watch for risks. AI can look at lots of data, find patterns, and predict risks. AI also does tasks automatically and saves time for risk managers. This helps lenders proactively tackle credit risks.

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The Security Threat Of Bank-FinTech Collaboration

PYMNTS

. “I would characterize it as a Big Data issue — it’s very intimidating to get started in third-party risk management,” Simkins said. ” Inexperienced or unfamiliar professionals may take a bottom-up approach to third-party risk management, analyzing risk on a vendor-by-vendor basis.

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Fixing Banks’ AML Achilles’ Heel — Before The Fraudsters Pounce

PYMNTS

That tactic — cutting corners and pennies — shows a glaring disconnect in risk management, according to Taylor. He said banks pay a lot of attention to financial risk, spanning liquidity risk, credit risk and overall exposure to different markets.

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