Moody's has introduced Maxsight, a new platform aimed at helping businesses manage and understand risks associated with third-party relationships, supply chains, and compliance processes.
GenAI is transforming the financial services industry by increasing efficiency and enhancing decision-making capabilities, according to a recent report.
The exploration of quantum artificial intelligence (QAI) is gaining momentum as it combines the advancing fields of quantum computing and artificial intelligence.
In early 2024, the publication "The road to useful quantum computing" highlighted advancements towards logical qubits and suggested that it was an opportune time to focus on this technology.
The European Banking Authority (EBA) has announced the final methodology, draft templates, and template guidance for the EU-wide stress test exercise scheduled for 2025.
The Hong Kong Monetary Authority (HKMA) has published the Hong Kong Taxonomy for Sustainable Finance, a framework aimed at raising awareness about green finance and promoting a common understanding of green activities. The taxonomy is designed to facilitate green finance flows, align investment decisions with climate goals, and reduce risks associated with non-aligned low-carbon assets. It also aims to unlock new investment opportunities in green technologies and sustainable projects while increasing transparency and accountability in the financial sector.