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JD Supra: Risk Management: Agencies Issue Request for Information on Intersection of Model Risk Management Guidance and BSA/AML Compliance

Risk Management: Agencies Issue Request for Information on Intersection of Model Risk Management Guidance and BSA/AML Compliance

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JD Supra: Federal Agencies Clarify Application of Model Risk Management Guidance to BSA/AML Compliance and Request Information from Industry

Federal Agencies Clarify Application of Model Risk Management Guidance to BSA/AML Compliance and Request Information from Industry

On , U.S. federal regulators issued an Interagency Statement addressing the application of existing model risk management guidance (MRMG) to systems or models used by banks to comply with ...

Every bank runs models. Credit scoring models. Fraud detection models. Customer risk models. AML transaction monitoring models. Most of these models are assessed individually — validated, backtested, ...

Business Wire: NICE Actimize Xceed AI Cloud Platform Chosen by American State Bank to Manage AML and Fraud Risk Management

NICE Actimize Xceed AI Cloud Platform Chosen by American State Bank to Manage AML and Fraud Risk Management

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JD Supra: Stress-Testing AI Models: A Modern Imperative for Model Risk Management

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 ...

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KRON4 News: FireKeepers Casino Hotel Adopts Kinectify to Strengthen AML Risk Management Framework

Kinectify is an intelligence and risk management technology company serving gaming operators. Its modern AML platform empowers clients to manage risk in real-time, streamline compliance processes, and ...

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