AI in Risk Management: Building Stronger Resilience in 2025

With any great change comes a great risk. This statement is particularly true in the current digital age, where consumers enjoy accelerated service delivery, open access to information, and facilitated mundane processes, while service providers race to meet their expectations as well as to enable safe environments.  

Around 61% of consumers had to change their payment methods or reduce their interactions with digital payment because of scams and cyber fraud. Such patterns are concerning for banking and financial organizations as their ability to provide necessary protection is put to test. In order to prove their ability to protect customer data, they must secure integrity and provide the expected safety levels. However, the massive volume of data, the intensity of processes, and the sheer variety of scenarios require non-stop commitment to monitoring and identifying risks.