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Source: FIS

Global financial technology leader FIS® (NYSE: FIS) has today announced that applications are open for the FIS Fintech Accelerator 2024, its flagship program that supports fintech innovation and growth.

The European Central Bank (ECB) is cautioning banks about the need to enhance their management of outsourcing risks, particularly concerning the processing of personal data.

The Monetary Authority of Singapore (MAS) has issued a directive to the country's financial institutions, urging them to ready themselves for the increasing cybersecurity threats posed by quantum computing.

Source: EY

Amid unprecedented levels of volatility and global uncertainty, cybersecurity has remained at the top of the list of near-term risks for banks around the world for the second consecutive year, according to the latest EY and Institute of International Finance (IIF) bank risk management survey.

The European Central Bank (ECB) has issued a warning regarding the significant transition risks faced by banks that are unprepared for the shift towards a low-carbon economy.

A recent report from German regulator BaFin underscores cybersecurity and the outsourcing of IT services as major threats to the financial sector.

Source: European Central Bank

The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) today published a joint report on the impact of climate change on the European Union (EU) financial system.

In its Fall 2023 Semiannual Risk Perspective, the Office of the Comptroller of the Currency (OCC) emphasizes the importance of adaptive risk management strategies for financial institutions. The report covers key risk themes, highlighting the need for vigilance despite the overall robustness of the federal banking system.

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