European banks no longer need to be convinced that AI is coming. The European Central Bank reported in June 2026 that more than 85% of banks under European banking supervision already use AI. The ...

Six years ago, the conversation about spreadsheet risk governance was largely about convincing financial institutions that the problem existed. Most accepted that SR 11-7 applied to their formal model ...

Financial institutions' success with AI hinges on institutional judgment, not just algorithms. Many organizations mistakenly view governance as a hindrance, measuring AI maturity by deployment rather ...

Financial institutions need model risk management software that can discover hidden spreadsheets and EUCs, govern formal statistical and machine learning models, and demonstrate compliance to ...

As autonomous agents execute business processes in real time, the distance between a decision and its consequences shrinks, ...

Key insight: Joint guidance from the Federal Reserve and Office of the Comptroller of the Currency on managing model risk leaves many concerns about artificial intelligence, and especially agentic AI, ...

Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry. On April 17, the Federal Reserve issued SR 26-2, its revised ...

Experian today announced it has been recognized by Chartis Research as the winner in the Model Risk Management Environment category in the Quantitative Analytics50 2026 report. The recognition marks ...

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AI governance healthcare needs better oversight to apply proportional, continuous risk management across the AI lifecycle in clinical settings.