For much of the past century, banking competition followed a familiar pattern. Institutions expanded their branch networks, ...

Operational risk is the potential loss to earnings due to people, processes, technology, and external events. Earlier this summer, Deutsche Bank also agreed to pay $75 million in lawsuit settlements, ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Core banking modernization is no longer optional. In a digital-first financial landscape, legacy systems limit speed, ...

Banca d’Italia plays a key role behind the scenes in embedding distributed ledger at the core of the country’s banking system. At the end of April, 32 banks in Italy went into full production with one ...

In financial services, the cost of a failed software release is rarely limited to engineering. A single production issue can ...

Discover why fintech product discipline is the critical operational edge for success. Learn how strategic product management, ...

While Generative AI has improved employee productivity through intelligent assistants and copilots, the next phase of enterprise AI is Agentic AI—autonomous systems capable of reasoning, planning, and ...

Despite the occasional operational issue, European banks; like their peers in Asia, the US, and the UK, are generally in good financial shape to weather the current economic storms reverberating ...

Financial institutions can modernize core banking through phased, modular migration strategies that reduce risk, preserve ...

Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of ...