When a fintech firm wants to become a bank, they immediately face an existential dilemma. As disruptors they are used to innovating and dreaming outside the existing lines but, once... Read more

Welcome back to the Banking Risk & Regulation newsletter. Data from the world’s largest operational risk association show a record number of operational risk “incidents” since 2017, up more than a quarter year-on-year at... Read more

Generative AI has contributed to the highest number of operational risk “incidents” since 2017, according to ORX. Data from the world’s largest operational risk association found that more sophisticated technology... Read more

China is tightening the screws on banks’ data security measures to impose new compliance obligations on the processing and storing of digital information. Experts say that new draft proposals align... Read more

The Fed’s new payments system has teething problems. Can it learn from India? A good afternoon tea-break in India typically needs four things: a favourite tea-stand, piping-hot tea, a sweet... Read more