Credit Risk, Liquidity Risk and SWIFT

How AI Improves Enterprise Risk Management (ERM)

The Finance Weekly

AUGUST 26, 2023

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.

Risk Management

Risk Management Risk AI Liquidity Risk

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

PYMNTS

JUNE 17, 2020

For Westpac, Taylor told Webster, the vulnerabilities had been tied to what Taylor termed “a single point of failure in the sense that they tried to circumvent SWIFT” by putting cheaper systems in place. That tactic — cutting corners and pennies — shows a glaring disconnect in risk management, according to Taylor.

AML

AML Money Laundering Compliance Financial Crimes

Payments Space

How AI Improves Enterprise Risk Management (ERM)

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

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