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Third-Party Risk

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  • Risk, Technology
Building Banking’s Future While Carrying Technology’s Past
Building Banking’s Future While Carrying Technology’s Past
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  • Risk, Technology
Breaking the Bank (Technology Stack): Why Connection Beats Collection in Digital Transformation
Breaking the Bank (Technology Stack): Why Connection Beats Collection in Digital Transformation
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  • Risk, Technology
Community Bank Voices: AI and the Human Value Proposition
Community Bank Voices: AI and the Human Value Proposition
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  • Compliance & Regulation, Economy & Markets, Fraud, Growth & Innovation, Risk
Sustainable, Lower-Cost Risk Controls Testing Calls for Expediting Automation: Report
Sustainable, Lower-Cost Risk Controls Testing Calls for Expediting Automation: Report
Centralized, cost-effective, and flexible risk controls testing and monitoring is inching toward standardization, but the path must speed up, says…
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  • Compliance & Regulation, Economy & Markets, Fraud, Growth & Innovation, Risk, Talent & Workforce
Banking Trends Webinar: 2026 Fraud Protections: Where to Prioritize Upgrades
Banking Trends Webinar: 2026 Fraud Protections: Where to Prioritize Upgrades
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  • Compliance & Regulation, Economy & Markets, Fraud, Growth & Innovation, Risk, Talent & Workforce
Beyond the Login: A Guided Tour of Your ProSight Member Resources
Beyond the Login: A Guided Tour of Your ProSight Member Resources
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  • Compliance & Regulation, Economy & Markets, Fraud, Growth & Innovation, Risk, Talent & Workforce
ProSight Risk Watch: Resources on Today’s Top and Emerging Risks December 2025
ProSight Risk Watch: Resources on Today’s Top and Emerging Risks December 2025
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  • Compliance & Regulation, Fraud, Risk
10 Recommendations for Responding To and Reducing Insider Threats
10 Recommendations for Responding To and Reducing Insider Threats
It is common knowledge that there has been an increase in insider threats. Given the number of devices within a…
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  • Compliance & Regulation, Economy & Markets, Fraud, Growth & Innovation, Risk
Community Bank Leaders Talk Top Risks
Community Bank Leaders Talk Top Risks
Fraud, cyber threats, tariffs, and AI: community bank leaders say these aren’t abstract risks—they’re reshaping day-to-day decisions. In a recent…
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  • Fraud, Risk
ProSight’s Tech Risk Framework Matures With the Industry
ProSight’s Tech Risk Framework Matures With the Industry
A new revision to ProSight’s Technology Risk Framework refines terms and guidance introduced when the tool was first published in…
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  • Risk
Spotting MCA Trouble Before It Spreads
Spotting MCA Trouble Before It Spreads
Merchant cash advances may look like quick fixes for borrowers—but for banks, they’re fire alarms. In his latest Ask the…
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  • Fraud, Risk
Banks Push for Clarity on Outsourced Models
Banks Push for Clarity on Outsourced Models
Banks are leaning on outsourced models more than ever—but visibility remains a sticking point. ProSight’s 2025 Model Risk Management Survey…
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  • Fraud, Risk
Outsourcing Models, Onboarding Risk: Findings From ProSight’s 2025 Model Risk Management Survey
Outsourcing Models, Onboarding Risk: Findings From ProSight’s 2025 Model Risk Management Survey
As banks expand oversight of financial and operating risks, their risk management teams are increasing their use of risk models,…
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  • Compliance & Regulation, Economy & Markets, Fraud, Growth & Innovation, Risk, Talent & Workforce
ProSight Risk Watch: Resources on Today’s Top and Emerging Risks
ProSight Risk Watch: Resources on Today’s Top and Emerging Risks
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  • Risk
Mind the Model Gaps
Mind the Model Gaps
Bank risk teams shouldn’t have to validate third-party black boxes. This article highlights how ProSight’s Model Validation Consortium is helping…
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  • Risk
Five Steps to Smarter AI Decisions at Your Bank
Five Steps to Smarter AI Decisions at Your Bank
AI can boost efficiency—but without the right structure, it can also introduce costly surprises. In a new article, Ed DeMarco…
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  • Risk
Proposed Contract Language Fills Gaps in Model Disclosure Standards
Proposed Contract Language Fills Gaps in Model Disclosure Standards
Banks may be held accountable for risks they can’t even see—especially when third-party vendors refuse to share how their models…
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  • Fraud, Risk
ProSight AI Use Case Template
ProSight AI Use Case Template
The AI use case template—designed by members for members—takes a risk-based approach to the consideration of the use of AI…
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  • Compliance & Regulation, Growth & Innovation, Risk
How Community Banks Are Tackling Third-Party Risk—One Hat at a Time
How Community Banks Are Tackling Third-Party Risk—One Hat at a Time
From fourth-party exposure to board reporting, managing third-party risk is a tall order for community banks with lean teams and…
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  • Risk
Making Sense of Solar in CRE Lending
Making Sense of Solar in CRE Lending
Forum Focus offers practical insights drawn from real-world questions in the ProSight Member Forum, a safe space for financial institution…
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  • Compliance & Regulation, Economy & Markets, Fraud, Growth & Innovation, Risk, Talent & Workforce
ProSight Risk Watch: Notes and Resources on Today’s Top and Emerging Risks
ProSight Risk Watch: Notes and Resources on Today’s Top and Emerging Risks
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  • Compliance & Regulation, Fraud, Risk, Talent & Workforce
GCOR 2025: Adapting to the Speed of Change
GCOR 2025: Adapting to the Speed of Change
As banks face a relentless pace of regulatory, technological, and market change, the ProSight Governance, Compliance, and Operational Resiliency (GCOR)…
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  • Growth & Innovation, Risk
How Community Banks Are Responding to Third-Party Risk Management Challenges
How Community Banks Are Responding to Third-Party Risk Management Challenges
Third-party risk management, which is increasingly important as financial institutions tap vendors for the digital features and functionality customers demand,…
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  • Risk
Banks Are Recalibrating Their Gen AI Ambitions
Banks Are Recalibrating Their Gen AI Ambitions
When OpenAI’s ChatGPT launched in late 2022, generative AI (gen AI) seemed poised to be the next big thing in…
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  • Fraud, Risk
Blockchain, Payments, and the Risks in Settlement Systems
Blockchain, Payments, and the Risks in Settlement Systems
Banks exploring uses for blockchain technology are experimenting with capital markets applications to solve long-standing custody and settlement risk issues….
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  • Fraud, Risk
Why Account Takeovers Are So Hard To Stop
Why Account Takeovers Are So Hard To Stop
Criminals don’t need your customers’ full credentials to start taking over their accounts. All it takes is one well-crafted phishing…
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  • Compliance & Regulation, Risk
A Playbook for Third-Party Exits
A Playbook for Third-Party Exits
Last year’s CrowdStrike outage underscored the risks financial institutions face when critical third-party providers experience disruptions. While banks invest significant…
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  • Fraud, Risk
Making Sense of Cyber Insurance for Banks
Making Sense of Cyber Insurance for Banks
Cyber threats are shifting, and so is the insurance landscape that banks rely on to mitigate financial and operational risks….
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  • Fraud, Risk
The Cyber Insurance Puzzle: Banks Face Overlapping Policies and Uncertain Risks
The Cyber Insurance Puzzle: Banks Face Overlapping Policies and Uncertain Risks
Potential business interruptions and customer lawsuits stemming from ransomware attacks and other cyber threats are pushing banks to rethink their…
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  • Fraud, Risk
What’s Next for Crypto Regulation? A Look at the New Landscape
What’s Next for Crypto Regulation? A Look at the New Landscape
The crypto industry is back in the spotlight after a weekend of big headlines. President Trump’s announcement of a proposed…
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  • Risk
Storage Gets Smarter—But Is It Getting Riskier?
Storage Gets Smarter—But Is It Getting Riskier?
The warehousing and storage industry plays a vital role in the supply chain, but financial pressures—including rising costs, automation investments,…
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  • Risk
Beyond Storage: How Automation, Competition, and Costs Are Reshaping Warehousing
Beyond Storage: How Automation, Competition, and Costs Are Reshaping Warehousing
The warehousing and storage services industry plays a critical role in the modern supply chain, handling goods across a wide…
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  • Compliance & Regulation, Fraud, Risk
Softer Regulatory Enforcement? Maybe Not for AML
Softer Regulatory Enforcement? Maybe Not for AML
Deterring money laundering and the flow of terrorist funds through U.S. banks will be a top supervisory priority this year,…
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  • Compliance & Regulation, Fraud, Risk
Shoring Up Your AML Program for an Uncertain Oversight Environment
Shoring Up Your AML Program for an Uncertain Oversight Environment
Banks reading signals from the Trump administration predict a generally softer enforcement environment for regulations in their industry over the…
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  • Fraud, Growth & Innovation, Risk
Third Party Exit Strategies
Third Party Exit Strategies
Financial institutions rely on a large network of third parties (vendors, suppliers, service providers, contractors, etc.) for day-to-day operations and…
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  • Compliance & Regulation, Fraud, Growth & Innovation, Risk, Talent & Workforce
Key Takeaways on Risk in 2025, Straight From the CROs
Key Takeaways on Risk in 2025, Straight From the CROs
As banks begin the year, risk leaders are contending with a mix of persistent financial risks, escalating cyber threats, and…
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  • Compliance & Regulation, Fraud, Risk
Straight From the CROs: Risk Leaders Discuss RMA’s Latest CRO Survey and the State of Risk
Straight From the CROs: Risk Leaders Discuss RMA’s Latest CRO Survey and the State of Risk
Each year, RMA’s Chief Risk Officer Outlook Survey provides valuable insights into how risk leaders are addressing the financial industry’s…
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  • Risk
How To Mitigate Reputation Risk at Your Bank
How To Mitigate Reputation Risk at Your Bank
In an era when information spreads rapidly, reputation risk has become a central concern for banks. Operational failures, ethical lapses,…
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  • Economy & Markets, Fraud, Risk
Geopolitics, Cybersecurity Top Concerns for CROs at RMA Roundtable in NY
Geopolitics, Cybersecurity Top Concerns for CROs at RMA Roundtable in NY
Isolationism and trade aggression present substantial risks for markets and commerce should the U.S. pursue these in a retrenchment from…
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  • Fraud, Risk
Quantifying and Managing Reputation Risk: Safeguarding Your Bank’s Brand
Quantifying and Managing Reputation Risk: Safeguarding Your Bank’s Brand
Your institution’s reputation can significantly influence customer trust, employee loyalty, and investor confidence and is a reliable contributor to organizational…
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  • Risk
Ask the Workout Window: The Microbrewery Glut ‘Ales’ a Lender
Ask the Workout Window: The Microbrewery Glut ‘Ales’ a Lender
In his latest Ask the Workout Window column for the RMA Journal, veteran workout leader Jason Alpert tackles the question…
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  • Fraud, Risk, Talent & Workforce
Protecting Banks from AI-Powered Deepfakes
Protecting Banks from AI-Powered Deepfakes
Deepfake technology is no longer a futuristic threat—financial institutions are already grappling with its implications, especially as advances in AI…
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  • Compliance & Regulation, Fraud, Risk
Banking on Regulatory Change in 2025
Banking on Regulatory Change in 2025
2025 is shaping up to be a pivotal year for regulatory transformation in banking. According to “Ten Key Regulatory Challenges…
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  • Compliance & Regulation, Fraud, Growth & Innovation, Risk
Q&A: An Inside Look at RMA’s 2024 Annual Conference
Q&A: An Inside Look at RMA’s 2024 Annual Conference
RMA’s 2024 Annual Risk Management Virtual Conference is now live. To get an overview of the event, which features expert…
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  • Compliance & Regulation, Economy & Markets, Fraud, Growth & Innovation, Risk, Talent & Workforce
January 2025 RMA Risk Watch: Notes and Resources on Today’s Top and Emerging Risks
January 2025 RMA Risk Watch: Notes and Resources on Today’s Top and Emerging Risks
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  • Compliance & Regulation, Fraud, Risk
CROs Report Faster-Moving Risks, Tougher Oversight 
CROs Report Faster-Moving Risks, Tougher Oversight 
As the banking industry emerges from the shadow of the 2023 regional banking crisis, financial institutions are facing a new…
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  • Fraud, Risk
Cybersecurity Tips for Small and Mid-Sized Banks
Cybersecurity Tips for Small and Mid-Sized Banks
Small and mid-sized banks face all the cybersecurity risks of their large-bank counterparts without the same level of resources to…
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  • Fraud, Risk, Talent & Workforce
Steps Smaller Banks Can Take To Better Manage Cybersecurity Risks
Steps Smaller Banks Can Take To Better Manage Cybersecurity Risks
Defending against cybersecurity threats has become increasingly challenging for small and mid-sized banks as their technology estate grows alongside already…
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  • Compliance & Regulation, Economy & Markets, Fraud, Growth & Innovation, Risk
Rising to the Risks of a Changed Industry: Seven Themes From the 2025 RMA CRO Outlook Survey
Rising to the Risks of a Changed Industry: Seven Themes From the 2025 RMA CRO Outlook Survey
This report is based on the 2025 RMA CRO Outlook Survey, which was conducted in the summer of 2024 and…
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  • Fraud, Risk
Critical Vendors, Critical Risks: Lessons From CrowdStrike
Critical Vendors, Critical Risks: Lessons From CrowdStrike
Last summer’s botched software update from cybersecurity firm CrowdStrike froze millions of Microsoft Windows machines globally and disrupted essential services…