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

The Finance Weekly

For example, it manages borrower’s credit data and spots early financial signs. This helps lenders proactively tackle credit risks. Also, AI's predictive analysis forecasts borrower defaults and risk levels using data. AI aids loan decisions, assessing individual risk profiles for granting loans and setting rates.

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The Security Threat Of Bank-FinTech Collaboration

PYMNTS

Risk mitigation isn’t a new concept, Simkins noted, but today’s organizations are often unfamiliar with the correct strategies they need to deploy when mitigating third-party cyber risk. “They manage credit risk and liquidity risk, and more traditional third-party risk verticals,” he said.