Apr. 1, 2026
ProSight Financial Association Launches New Enterprise Risk & Compliance Solution
Integrated solution streamlines workflows and strengthens organization-wide risk and compliance culture
CHICAGO, Apr. 1, 2026
ProSight Financial Association today announced the launch of the ProSight Enterprise Risk & Compliance Solution, a truly integrated suite of cloud-based software solutions designed for small and mid-sized banks and credit unions seeking to eliminate manual, error‑prone processes and improve coordination across risk, compliance, audit, and operational functions.
Drawing on ProSight’s 100+ years of experience serving the financial services industry through the merger of BAI and RMA, the integrated solution has been designed specifically to meet the unique needs of smaller banks and credit unions. The solution makes it easy to centralize workflows, standardize processes, and provide clear, role‑specific insights that help reduce operational and regulatory risk. Its modular design allows organizations to implement individual components at their own pace or deploy the full platform at once—enabling easier and faster adoption and more effective collaboration across departments that frequently operate independently. As a result, organizations see the return on their investment more quickly.
“ProSight is a trusted resource for industry-specific information, analytics, and solutions that help strengthen and advance organizations and the industry more broadly,” said Debbie Bianucci, President and CEO of ProSight. “The ProSight Enterprise Risk & Compliance Solution is a powerful example of how ProSight leverages our deep industry expertise to provide solutions designed specifically for banks and credit unions in their efforts to build a strong culture of risk and compliance.”
“Financial services organizations are under constant pressure to do more with less, all while navigating a complex regulatory landscape and changing customer expectations,” said Ed Marcheselli, Managing Director at ProSight. “We understand the frustration that comes from relying on manual, error-prone processes—especially for teams who aren’t compliance or risk specialists. The ProSight Enterprise Risk & Compliance Solution is designed to take that burden off staff members, making it easier for every department to work together, reduce mistakes, and deliver better outcomes for customers. At ProSight, we are committed to working with banks and credit unions to deliver meaningful innovation that’s both practical and cost-effective in addressing the real-world challenges they face every day,” Marcheselli added.
The ProSight Enterprise Risk & Compliance Solution includes seven integrated modules:
- ProSight Learning Manager – Streamlined planning, assignment, and management of training programs, including compliance, risk management, professional development, and more. ProSight Learning Manager is the industry’s leading learning management system and is used by more than 2,000 financial services organizations in the United States.
- ProSight Policy Manager – Content and workflow tools for creating, updating, communicating, and tracking organizational policies and procedures, and meeting regulatory requirements.
- ProSight Vendor Manager – Collaboration processes to manage relationships with external suppliers, contractors, and service providers in one environment.
- ProSight Enterprise Risk Manager – A system to identify, assess, monitor, and mitigate all types of risks across the enterprise.
- ProSight Business Risk Manager – A solution to understand and document the inherent risks in the products and services your organization provides.
- ProSight Audit Manager – A single, secure repository for all audit activities, documentation, and progress tracking, supporting both internal and external auditors.
- ProSight Board Manager – Tools to organize board activities, including meetings, shared documents, communications, and governance responsibilities.
To learn more about the ProSight Enterprise Risk & Compliance Solution, click here.
About ProSight Financial Association
ProSight Financial Association empowers financial services leaders to act with confidence to strengthen and advance the industry. ProSight was formed through the merger of BAI and RMA, both trusted organizations with rich histories and deep expertise in risk, compliance, fraud, retail and commercial banking. ProSight supports leaders during times of great change, providing insights, tools, and analytics leading to new opportunities for growth. Our work creates positive ripple effects throughout organizations and the industry, ultimately helping consumers, businesses, and communities thrive.
Media Contact:
Kendall Carwile
William Mills Agency
678-781-7224
January 14th, 2026
2026 ProSight Banking Outlook: 82% of Bankers Expect Deposit Growth While Fraud and Customer Experience Drive Investment Priorities
CHICAGO, January 14th, 2026
New research from ProSight Financial Association’s 2026 Banking Outlook shows financial institutions are cautiously optimistic about deposit growth, while fraud mitigation, digital experience and platform integrations emerge as top spending priorities.
According to the report, 82% of bankers forecast positive growth in deposit balances in 2026, up from the prior year, despite ongoing consumer caution. At the same time, consumers are becoming more selective with their excess cash: 52% report no significant change in how they plan to allocate deposits over the next six months, while many continue to shift funds to higher-yield products or larger institutions.
Customer experience strategies are also evolving. Mobile remains the highest long-term projected channel; however, branch usage is expected to increase for high-value interactions, with nearly eight in ten consumers saying a nearby branch remains important. Still, financial institutions cite digital interactions as their largest customer experience gap, highlighting the need for better alignment across channels.
“The data shows financial institutions moving away from one-dimensional strategies,” said Isio Nelson, Managing Director – Research, Fraud and Thought Leadership at ProSight. “Growth in 2026 will be driven by institutions that connect deposit strategy, customer experience and technology decisions around how customers actually engage.”
Fraud remains a top concern across all generations. The report shows that 60% of consumers are very or somewhat concerned about fraud, up from 53% the previous year. Among bankers, fraud mitigation ranks among the top three investment priorities, alongside digital customer experience and platform integration. 72% of bankers report check fraud as the largest source of dollar losses, followed by debit card fraud at 59%.
“Financial institutions are shifting from reactive to proactive fraud strategies,” said Mark Riddle, Director, Research Intelligence Expert at ProSight. “AI adoption is growing, particularly in fraud detection and internal models, but trust and transparency remain critical to consumer acceptance.”
Watch the 2026 ProSight Banking Outlook webinar now at https://info.prosightfa.org/prosight-banking-outlook-2026-trends_res-webinar.html
About ProSight Financial Association
ProSight Financial Association empowers financial services leaders to act with confidence to strengthen and advance the industry. ProSight was formed through the merger of BAI and RMA, both trusted organizations with rich histories and deep expertise in risk, compliance, fraud, retail and commercial banking. ProSight supports leaders during times of great change, providing insights, tools, and analytics leading to new opportunities for growth. Our work creates positive ripple effects throughout organizations and the industry, ultimately helping consumers, businesses, and communities thrive.
Media Contact:
Kendall Carwile
William Mills Agency
678-781-7224
November 18, 2025
Debbie Bianucci to Retire as President & CEO of ProSight Financial Association
CHICAGO, November 18, 2025
(BUSINESS WIRE) — After 20 years as President & CEO, Debbie Bianucci has announced her plans to retire from ProSight Financial Association effective June 30, 2026. Debbie has been with the organization for 35 years including the last 20 years as President & CEO.
Under Bianucci’s leadership, BAI merged in 2024 with The Risk Management Association to form ProSight, an organization that serves as a trusted connector with deep industry expertise, providing unique, cost-effective, industry-specific solutions and analytics. As a leading non-lobbying industry organization, ProSight delivers unmatched resources in risk management, compliance, fraud, and business strategy.
“Throughout her career in banking, Debbie has championed our mission of empowering financial services leaders with the connections, training, and insights needed to advance and strengthen the industry,” said Todd Barnhart, EVP & Head of Retail Distribution for PNC and Chair of the ProSight Board of Directors. “Debbie’s passion for our industry shaped her leadership throughout the transformation of the financial services landscape during the past few decades. She will be missed by many throughout the industry.”
Barnhart also serves as Chair of the Board CEO Search Committee. As part of the Board’s long-term CEO succession plan, the Board retained Russell Reynolds, and a nationwide search is underway. Debbie will continue in her role as President & CEO until a successor is named and the transition period is complete.
“After 35 years with our organization, I am very proud of all we have accomplished to support our industry in so many important ways,” said Bianucci. “I have spent my entire career in financial services, and it has been the privilege of my career to lead ProSight.”
About ProSight Financial Association
ProSight Financial Association empowers financial services leaders to act with confidence to strengthen and advance the industry. ProSight was formed through the merger of BAI and RMA, both trusted organizations with rich histories and deep expertise in risk, compliance, fraud, and retail and commercial banking. ProSight supports leaders during times of great change, providing insights, tools, and analytics leading to new opportunities for growth. Our work creates positive ripple effects throughout organizations and the industry, ultimately helping consumers, businesses, and communities thrive.
Media Contact:
Marte Eggleston, Vested
October 15, 2025
ProSight Financial Association Launches the ProSight Fraud Alert Network to Unite Financial Institutions Against Rising Fraud Threats
First-of-its-kind digital member community connects authenticated fraud professionals across the banking industry
CHICAGO, October 15, 2025 –
(BUSINESS WIRE) — ProSight Financial Association today announced the launch of a significant industry initiative, the ProSight Fraud Alert Network, a new digital community and knowledge network designed to help financial institutions and direct-to-consumer fintechs combat fraud more effectively, efficiently, and collaboratively. Designed for frontline and strategic fraud professionals in the banking industry, the network empowers members with tools and knowledge to more efficiently resolve fraud cases and help reduce financial losses within their firms and, ultimately, the industry. The ProSight Fraud Alert Network will be offered to ProSight institutional members complimentary for the first year.
Unlike static resource libraries, the ProSight Fraud Alert Network delivers a dynamic flow of fraud intelligence, tailored to the needs of fraud professionals. From curated research and timely alerts to peer-to-peer collaboration, it provides a trusted space to share critical intelligence. Its industry-specific design enables members to identify fraud schemes sooner and respond with greater speed and confidence.
“When BAI and RMA merged to form ProSight in 2024, we envisioned creating new ways to strengthen our industry through shared expertise and collaboration,” said Debbie Bianucci, President and CEO of ProSight Financial Association. “The ProSight Fraud Alert Network is an important step in delivering on that vision, providing members with a powerful tool to confront one of banking’s most urgent challenges.”
Key features of the ProSight Fraud Alert Network include:
- Authenticated Directory: Only authenticated fraud professionals from financial institutions and direct-to-consumer fintechs are admitted, creating a unique, trusted environment for collaboration.
- Timely Alerts: Members gain access to the latest fraud intelligence to respond quickly to emerging schemes.
- Industry Peer Collaboration: A dynamic community of fraud professionals across all financial institution types and sizes (banks, credit unions, and direct-to-consumer fintechs) fosters direct communication and coordinated responses.
- Robust Knowledge Library: Research, case updates, articles, webinars, educational resources, and best practices are curated by ProSight and the network members.
“For the first time, fraud professionals across institutions can digitally connect, share timely insights, and take coordinated action against threats that impact the entire industry,” said Jason Bartolacci, Director, ProSight Fraud Alert Network. “We all know that fraud schemes are only becoming more sophisticated, and these threats can’t be fought effectively in isolation. This network creates a trusted environment where fraud professionals know they are acting on timely and reliable intelligence.”
Learn more about the ProSight Fraud Alert Network here.
About ProSight Financial Association
ProSight Financial Association empowers financial services leaders to act with confidence to strengthen and advance the industry. ProSight was formed through the merger of BAI and RMA, both trusted organizations with rich histories and deep expertise in risk, compliance, fraud, retail, and commercial banking. ProSight supports leaders during times of great change, providing insights, tools, and analytics leading to new opportunities for growth. Our work creates positive ripple effects throughout organizations and the industry, ultimately helping consumers, businesses, and communities thrive.
Media Contact:
Marte Eggleston, Vested
September 15, 2025
ProSight Forms Strategic Alliance with Decision Focus to Deliver RegTech Solutions Across North America
CHICAGO, September 15, 2025 – ProSight Financial Association announced a strategic alliance with Denmark-based Decision Focus to deliver RegTech solutions to the North American financial services industry.
This alliance unites ProSight’s deep compliance and risk management expertise with Decision Focus’s leading governance, risk, and compliance technology. Together, the organizations will equip financial institutions with innovative technology solutions that help meet regulatory requirements with greater efficiency and confidence.
“ProSight is committed to delivering solutions that help our members and customers effectively manage risk and compliance in an increasingly complex and fast-changing environment,” said Debbie Bianucci, President and CEO at ProSight. “Partnering with Decision Focus allows us to bring world-class technology and expertise to financial institutions in North America, advancing our shared goal of strengthening the industry.”
“Our partnership with ProSight represents a natural alignment of our GRC technology capabilities with their deep understanding of the North American financial services landscape and strong relationships,” said Jon Tollerup, CEO of Decision Focus. “Together, we can deliver comprehensive solutions that make institutions stronger.”
This major strategic initiative reinforces ProSight’s commitment to delivering industry-specific solutions and valuable information that enhance risk, compliance, and fraud management.
About ProSight Financial Association
ProSight Financial Association empowers financial services leaders to act with confidence to strengthen and advance the industry. ProSight was formed through the merger of BAI and RMA, both trusted organizations with rich histories and deep expertise in risk, compliance, fraud, retail and commercial banking. ProSight supports leaders during times of great change, providing insights, tools, and analytics leading to new opportunities for growth. Our work creates positive ripple effects throughout organizations and the industry, ultimately helping consumers, businesses, and communities thrive.
About Decision Focus
Decision Focus delivers enterprise SaaS solutions for all Governance, Risk, and Compliance (GRC) needs. These solutions are seamlessly integrated and scalable, offering small and large enterprises – in all industries and sectors – a future-proof approach to GRC. It enables organizations to meet ever-increasing GRC demands in a smarter, resource-efficient way.
November 18, 2024
RMA’s Annual CRO Survey Reveals Cybersecurity, Fraud, and Rapid Response as Key Banking Risks in 2025
– Cybersecurity Remains the Top Priority for CROs Amid a Fast-Paced, Evolving Risk Landscape-
CHICAGO, November 18, 2024 – ProSight Financial Association has announced the results of the fourth annual RMA Chief Risk Officer (CRO) Outlook Survey. ProSight, formed from this year’s merger of RMA (Risk Management Association) and BAI, said the survey reveals a financial services risk management environment that has been affected by the 2023 regional bank crisis as critical risks that preceded the crisis such as cyber, fraud, and third-party risk remain.
Conducted in the summer of 2024 in collaboration with Oliver Wyman, the RMA CRO Outlook Survey collected the perspectives of 177 CROs and other senior risk leaders from banks primarily in the U.S. and Canada, ranging from Global Systemically Important Banks to community banks. (For a detailed report on the survey results, see “Rising to the Risks of a Changed Industry: Seven Themes from the 2025 RMA CRO Outlook Survey.”)
Top Risks
The top risks this year marked a resurgence of several non-financial risks. Cyber risk was the No. 1 risk cited in the survey, named by 63% of respondents as a top-tier risk. Fraud (44%) returned to the top five in the No. 2 position after an absence last year, and broader technology risk, which was No. 1 in the most recent survey, came in at No. 3 (38%). The top five was rounded out by wholesale credit risk at No. 4 (32%), down from No. 3 a year earlier, and third-party risk (32%) was a new entry in the top five.
Banks on Guard Against the Speed of Risk
Ninety-three percent of respondents noted a need for the banking industry to adapt to the increased speed of risk demonstrated by bank stock volatility, unprecedented deposit runs, and other developments in 2023. CROs said their institutions are implementing new early warning indicators and risk limits, enhanced scenario analysis, crisis management and incident response plans, and revised models based on data from the 2023 crisis.
As they face new challenges, respondents believe the future holds still more uncertainty as risks and opportunities emerge from the rise of generative AI and other technologies, geopolitical events, market behavior, and as-yet-unknown sources.
Heightened Regulatory Demands
Adding to the pressures, 84% of respondents said that their institutions are being held to higher standards by supervisory teams, and CROs largely expect that trend to continue. Many also noted that regulators have higher expectations for faster response to questions and progress on open issues.
CROs Look to the Future
To thrive in a faster, more complex environment, risk executives are looking ahead by green-lighting projects to help their institutions optimize and gain efficiency. The most common major initiatives center on analytics and modeling, cyber/technology risks, risk data and infrastructure, AI, and risk governance and reporting.
“ProSight is committed to strengthening and advancing the financial services industry and providing risk executives and managers with tools and insights to help inform their strategies,” said Debbie Bianucci, CEO at ProSight Financial Association. “ProSight is uniquely positioned to bring insights, expertise, and tools to CROs and their risk management teams.”
“This year’s survey and its aggregation of the most prevalent risk priorities and practices will help risk officers manage these challenges head-on, especially in areas of growing concern like cyber and fraud,” said Edward J. DeMarco Jr., Managing Director of Advanced Risk Services at ProSight Financial Association.
“This year’s survey highlights that many of the impacts from the 2023 regional banking crisis are here to stay. Risks are materializing faster as the world becomes more interconnected, with cyber, technology, and third-party risks continuing to rise in importance,” said Michael Duane, Partner and Co-Head of the Americas Finance and Risk Practice at Oliver Wyman.
About The Survey
The survey was conducted in the summer of 2024 with responses from 177 CROs and other senior risk leaders from primarily North American institutions with assets ranging from less than $25 billion to more than $250 billion.
About RMA
Founded in 1914, the Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk management principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk. Headquartered in Philadelphia, Pennsylvania, RMA has over 900 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by over 66,000 individuals located throughout North America, Europe, Australia, and Asia/Pacific. In 2024, RMA and BAI merged to form ProSight Financial Association to offer an even greater level of support to the financial services industry, leveraging RMA’s deep risk expertise and BAI’s strong compliance knowledge.
About ProSight Financial Association
ProSight Financial Association is a non-profit organization formed through the merger of BAI and RMA. Focusing on empowering financial services leaders, ProSight provides relevant insights, powerful tools, and unique resources to help its members strengthen and advance the industry. ProSight’s expertise spans retail and commercial banking, with deep knowledge in risk and compliance, enabling the organization to support professionals in meeting the challenges of a rapidly evolving industry. For more information, visit www.ProSightFA.org
About Oliver Wyman
Oliver Wyman, a business of Marsh McLennan (NYSE: MMC), is a management consulting firm combining deep industry knowledge with specialized expertise to help clients optimize their business, improve operations and accelerate performance. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit oliverwyman.com, or follow on LinkedIn and X.
November 11, 2024
BAI and RMA Come Together to Form ProSight Financial Association
-ProSight provides unmatched resources in risk management, compliance and business strategy for financial services professionals-
CHICAGO, November 12, 2024 – BAI (Bank Administration Institute) and RMA (Risk Management Association) have merged to form ProSight Financial Association. This strategic combination brings together two of the most trusted organizations in the financial services industry, combining RMA’s expertise in serving commercial banking and risk management functions with BAI’s knowledge in serving retail banking and regulatory compliance functions.
As BAI and RMA joined forces, it was crucial to preserve and build upon their 100+ year-old histories and trusted reputations to always prioritize the best interests of their members and customers. Simultaneously, the need for a new name that reflects the enhanced value the combined organization will deliver was recognized. ProSight Financial Association was selected to symbolize the organization’s proactive and professional support of the financial services industry and the valuable insights they provide to help leaders act with confidence.
“The combination of BAI and RMA as ProSight is unique for many reasons, particularly because of the wide range of complementary offerings that provide such valuable support to the industry,” said Debbie Bianucci, president and CEO at ProSight. “This unique position enables ProSight to provide our members and customers with rich insights, powerful tools and valuable resources that help them achieve their business strategies, always with a solid grounding in all aspects of risk and compliance. We help them embrace opportunities and face their toughest challenges every day.”
As ProSight, the organization has enhanced its ability to support financial services professionals during a time when the industry faces the challenge of meeting changing customer needs, adopting new technologies and managing more complex risk and compliance issues. ProSight is dedicated to helping its members and customers conquer these challenges, guiding them towards new opportunities for growth and creating positive ripple effects that ultimately help consumers, businesses and communities thrive.
“The ProSight Board is passionate about the financial services industry and making it as strong as it can be,” said Jodi Richard, vice chair & chief risk officer at U.S. Bancorp and chair of the ProSight Board of Directors. “The Board includes financial services executives with diverse backgrounds and experiences who believe in the importance of ProSight and the positive impact the organization will have on our industry.”
“I’ve known and valued both the BAI and RMA organizations for many years, and they’re even better together as ProSight,” said Todd Barnhart, EVP & head of retail distribution at PNC and vice chair of the ProSight Board of Directors. “It’s an honor to serve on the Board and support their purpose of advancing and strengthening the industry.”
