Joint guidance from the Federal Reserve and Office of the Comptroller of the Currency on managing model risk leaves many ...

The PRA’s new supervisory statement extends banks’ model risk management obligations “across all models” - not just capital and stress testing. What steps must banks take to comply? Despite last ...

The revised guidance creates an opportunity for institutions to rethink their model risk strategies. The first priority is ...

On December 21, FHFA issued guidance to Freddie Mac, Fannie Mae, the Federal Home Loan Banks (FHLBanks), and the Office of Finance on its model risk management framework. According to the bulletin, ...

Dublin, April 01, 2026 (GLOBE NEWSWIRE)-- The "AI Model Risk Management Market Report 2026" has been added to ResearchAndMarkets.com's offering. The report provides comprehensive data, including ...

Artificial intelligence (AI) and machine learning (ML) are now embedded in the core of banking — powering decisions in credit, fraud, anti-money laundering (AML), and more. These systems bring scale ...

Modern model risk management startup Ethos AI Inc. announced today that it has raised $6 million in new funding to expand its engineering team, enhance its go-to-market efforts and strengthen its ...

Boards formally treat model risk as important, but in practice many banks treat it as a compliance box-ticking exercise that only attracts senior attention when something visibly breaks or a regulator ...

The desire among financial institutions to better mitigate risk gained renewed prominence as a result of the financial crisis of 2008. Subsequent regulatory and governance requirements fostered ...

Many of the companies that I work with are large, diversified, non-digital-native enterprises. I call them "SuperPowers," though I'd welcome a better name. They're generally Fortune 1000 or even ...

ProcureAbility, a Jabil company, a leading provider of procurement and supply chain services, today released "From Insight to ...