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Is banking ready to trust artificial intelligence (AI) to teach? Supplementing learning and development programs for financial institutions with trained…

Banks are finding it harder to treat hurricanes, floods, wildfires, and other extreme weather events as distant environmental problems. The…

Fraud model validation was never easy. But Chandrakant Maheshwari, lead model validator at Flagstar Bank, told ProSight that AI is…

Banks know the efficiency ratio matters. The harder question is what happens when the push to improve it starts weakening…

A woman in business attire works at a desktop computer in a modern office, with a coffee mug, notepad, and pen holder on the desk.

ATM jackpotting is no longer a niche threat. According to a February FBI advisory, 700 of the 1,900 attacks tracked…

Given today’s evolving competitive, regulatory, and risk landscapes, the enterprise risk management (ERM) functions at financial services firms are in…

The scale and sophistication of consumer scams in today’s digital economy are staggering. Globally, losses related to these scams reached…

The course of open banking is shifting fast, driven by new or altered regulations, evolving consumer expectations, and competitive pressure…

Extreme weather is moving from a distant environmental concern to a direct financial risk for banks and other financial institutions,…

Cyber risk and technology remain persistent concerns for banks—but new technologies are changing how those risks emerge and how institutions…

Earlier this week President Trump said he believes the conflict in Iran could last “four weeks,” while Chairman of the…

ProSight recently spoke with three subject matter experts who were instrumental in the creation of its 2026 CRO Outlook Survey…

Earlier in this newsletter, we examined consumer credit risk in credit cards and auto loans. Now, attention turns to a…

As banks shape their 2026 playbooks, consumer credit risk is front and center. Americans’ total credit card balance reached $1.233…

In the wake of the Supreme Court’s 6-3 ruling Friday disallowing the International Emergency Economic Powers Act (IEEPA) as a…

North Korea’s latest threat to U.S. institutions doesn’t arrive through missiles or malware. It shows up as a job candidate….

The January 20 date that President Trump initially proposed to start a 10% cap on credit card interest rates may…

Love gives, love takes—sometimes it lowers our guard. Fraudsters know it. For people seeking companionship, romance and confidence scams exploit…

Can risk practices improve when “servant leadership” is a bank’s prevailing personnel management style? This approach urges supervisors, including department…

For most banks, a big part of the AI conversation over the past few years has centered on generative tools—systems…

Last week, President Donald Trump tapped Kevin Warsh—a former Federal Reserve governor and ex-Morgan Stanley banker—as the next Fed chair….

Risk controls testing and monitoring is moving from a “nice to improve” function to a cost, capacity, and consistency challenge….

A field exam that blows up confidence in a borrower’s borrowing base calls for a reset, not a tune-up. In…

Concentration frameworks used to have time on their side. In today’s market, risks can surface and compound so quickly that…

Operational risk programs have long emphasized prevention and detection. But the conversation is shifting toward operational resiliency—building the capability to…

Paper checks haven’t gone away, and that lingering low-tech habit is colliding with near-ubiquitous smartphones and constant online engagement—giving fraudsters…

As geopolitics, trade policy, supply chains, interest rates, or any yet undetermined test lurking around the next corner challenge banks…

With President Trump calling for a 10% credit card interest cap to take effect Tuesday, key questions about enforcement and…

ProSight Financial sat down with John Silvia, founder of Dynamic Economic Strategy and formerly chief economist at Wells Fargo, for…

Many Americans still write checks for at least some transactions—a preference that leaves consumers and financial institutions exposed to mail…

Even if credit cards aren’t your day-to-day focus, the CFPB’s latest review of the consumer credit card market—which includes data…

AI talk in banking often starts with risk: What’s the exposure if a vendor (or a fourth party behind them)…

Banking professionals wonder whether generative artificial intelligence (gen AI) is a poor substitute for the human touch, experience, and nuance…

Financial and operational risks are accelerating at North America’s banks—fueled by sophisticated criminal schemes and by technology exposure tied to…

A version of this Q&A originally ran in the October Executive Report. Explore the issue, Compliance and Risk: Building Operational…

Financial and operational risks are accelerating at North America’s banks, driven largely by sophisticated criminal schemes and banks’ technology exposure…

Chief risk officers from leading financial services companies highlighted the growing interconnections of risk in banking and the importance of…

Geopolitical risk is no longer something only global banks need to track. A recent ProSight article by Matt Schiavenza describes…

SWIFT—the network banks use to send most cross-border payment instructions—is piloting a blockchain-based payments platform for digital assets. Developed with…

In recent years, the post-World War II pact guiding global affairs has begun to come apart. Trade friction is a…

Insider Threats, HIPAA, and What Banks Need To Keep in View Insider threats are growing in frequency, cost, and impact….

SWIFT—the network banks use to exchange cross-border payment messages—is moving beyond messaging to pilot a shared-ledger platform aimed at faster,…

Non-depository financial institutions (NDFIs) have become a powerful force in U.S. credit markets—and a growing area of exposure for banks….

Short-term dollar funding is getting bumpy again—and the Fed is reportedly working behind the scenes to keep it from turning…

Banks are no longer treating artificial intelligence as an experiment. In The ProSight 2026 CRO Outlook Survey— published by ProSight…

The OCC’s new “risk-based” supervision model for community banks is a notable shift—one that gives smaller institutions more breathing room,…

The Financial Services Information Sharing and Analysis Center (FS-ISAC) recently warned the industry against “crypto-procrastination”—delaying preparation for the quantum era….

The $2.5 trillion private credit market is reshaping corporate lending—and blurring the lines between banks and nonbank financial institutions (NBFIs)….

The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is landmark legislation aimed at creating a comprehensive regulatory…

Community banks interpreting recent OCC supervisory changes might consider re-examining their risk profiles and shifting effort to risk management processes…