RiskAssessment Archives

OSFI Introduces New Supervisory Framework to Modernize Financial Supervision

February 9, 2024
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The Office of the Superintendent of Financial Institutions (OSFI) unveiled its new framework for supervision today, signaling a significant overhaul in its approach to overseeing […]

PRA Releases Near-Final Policy Statements on Basel 3.1 Implementation

December 13, 2023
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The Prudential Regulation Authority (PRA) has taken a significant step towards the implementation of the Basel 3.1 standards by publishing the first of two near-final […]

Brazil’s Digital Leap: The Success Story in Motion
Brazil leads a fintech revolution with PIX, open finance, and Drex, shaping one of the world’s fastest-growing digital economies. Brazil, the largest country in South […]
Starling Expands to Canada, Eyes North American Growth via Banking Software Platform ‘Engine’
UK-based neobank Starling is establishing a presence in Canada, opening a new office in Toronto as part of its broader North American expansion strategy. The […]
BNPL Credit Reporting Plans Stall as Klarna, Afterpay Withhold Data Over Fairness Concerns
Efforts to include Buy Now, Pay Later (BNPL) loans in credit scores are facing early resistance, as major providers Klarna and Afterpay announce they will […]
Lloyds Bank Taps Hedera Blockchain in Landmark Tokenized Collateral Pilot, Signaling Major DeFi Shift
In a surprising yet significant move, Lloyds Bank, one of the UK’s most traditionally conservative financial institutions, has partnered with Aberdeen Investment and digital asset […]
RBC’s ATOM AI Model Redefines Banking with Hyper-Personalized Client Insights and Scalable Intelligence
TORONTO, July 29, 2025 — Royal Bank of Canada (RBC) has announced significant progress in its AI journey with its proprietary foundation model, ATOM (Asynchronous […]