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Strategies to Combat Deepfake Fraud and Synthetic Identity Threats in Financial Services

Strategies to Combat Deepfake Fraud and Synthetic Identity Threats in Financial Services

Fintech BFSI
May 28, 2025 88 0

Financial institutions worldwide are facing a new generation of fraud that leverages artificial intelligence (AI) to breach identity verification systems. Deepfakes — realistic, AI-generated synthetic media — and synthetic identit...


The End of Cost-First Thinking in BFS Tech Partnerships

The End of Cost-First Thinking in BFS Tech Partnerships

BFSI
May 22, 2025 34 0

After two decades of navigating platform and product engineering—and responding to over a thousand RFPs—I can say with certainty: the past three years have reshaped the industry more radically than the previous twenty. Banking,...


Closing the MSME credit gap for banks & NBFCs

Closing the MSME credit gap for banks & NBFCs

BFSI Fintech
May 20, 2025 26 0

Micro, Small, and Medium Enterprises (MSMEs) are vital to India’s economy, yet formal credit remains out of reach for many. Despite strong demand, banks and NBFCs often struggle to serve this sector effectively. The challenges are...


AI Governance in the BFSI Sector: Building Trust in a Digital Future

AI Governance in the BFSI Sector: Building Trust in a Digital Future

BFSI AI Inside
May 14, 2025 91 0

AI Governance in the BFSI Sector: Building Trust in a Digital Future   Introduction   Artificial Intelligence (AI) is dramatically reshaping the Banking, Financial Services, and Insurance (BFSI) industry. Fro...


How AI-Powered Continuous Controls Monitoring is Revolutionizing Banking Risk Management

How AI-Powered Continuous Controls Monitoring is Revolutionizing Banking Risk Management

BFSI
May 13, 2025 108 0

In an era where financial institutions are under mounting cybersecurity threats and intensifying regulatory scrutiny, traditional risk management approaches are falling short. In 2023, Latitude Financial suffered a breach that exp...


A GCC Business Case For BFSI Industry

A GCC Business Case For BFSI Industry

BFSI GCC Global Capability Centers
May 12, 2025 251 0

The global BFSI industry is experiencing rapid growth, projected to reach USD 25.7 trillion by 2025, fueled by digitalization and demand for innovative products. Cybersecurity is paramount, with the security market expected to rea...


The Critical Failures in KYC/AML Control Testing - What Banks Need to Know

The Critical Failures in KYC/AML Control Testing - What Banks Need to Know

Fintech BFSI
May 9, 2025 97 0

In recent years, financial institutions worldwide have faced unprecedented regulatory scrutiny regarding their Know Your Customer (KYC) and Anti-Money Laundering (AML) controls. The consequences of compliance failures have been se...


India’s MRM Evolution: How RBI’s Draft Guidelines Stack Up Against SR 11-7 and Basel III

India’s MRM Evolution: How RBI’s Draft Guidelines Stack Up Against SR 11-7 and Basel III

Fintech BFSI
April 10, 2025 89 0

As the Indian banking sector continues its digital transformation journey, regulatory oversight is evolving to ensure that innovation doesn't outpace risk controls. In a significant move toward enhancing risk governance, the Re...


The Future of Indian Banking with No-Code BREs in 2025

The Future of Indian Banking with No-Code BREs in 2025

BFSI
April 10, 2025 62 0

The financial sector in India, encompassing banks and NBFCs, is rapidly evolving with digital transformation, regulatory shifts, and growing customer expectations. At the heart of this transformation lies Business Rules Engines (B...


Best Practices for Model Risk Validation in Financial Institutions

Best Practices for Model Risk Validation in Financial Institutions

Fintech BFSI
April 3, 2025 79 0

In the evolving landscape of financial services, models are critical to how banks and financial institutions make strategic decisions—whether it's for credit risk assessment, stress testing, or fraud detection. However, this relia...


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