ALRiM: Luxembourg Association
of Risk Management

Navigating Economic Uncertainty: The Importance of Proactive Risk Management (Late 2024/Early 2025 Outlook) Table of Contents Navigating Economic Uncertainty: The Importance of Proactive Risk Management (Late 2024/Early 2025 Outlook) The… The post Strong Risk Management Strategies – DiePresse.com appeared first on Archynewsy.

AI-driven KYC and AML tools help banks reduce asymmetric risk by improving onboarding, fraud detection, real-time monitoring, and regulatory compliance.

The post AI disruption may threaten about 10% of Europe’s banking workforce by 2030 appeared on BitcoinEthereumNews.com. About 10% of banking jobs across Europe could disappear by 2030 as lenders lean harder on AI, with analysts saying that more than 200,000 roles are now exposed over the next five years. The forecast comes from Morgan Stanley, which reviewed 35 banks employing around 2.12 million people combined. A straight 10% workforce reduction equals roughly 212,000 job cuts. The expected job cuts focus on central services, meaning back-office roles, middle-office teams, risk management, and compliance units; basically the parts of banks where automation replaces repeat work fastest. Banks are targeting central service jobs for AI replacement operations Morgan Stanley said many lenders expect efficiency to increase by as much as 30% from AI and deeper digital use. Banks have already started acting too, like in November, Dutch lender ABN Amro said it plans to cut about 20% of its full-time workforce by 2028. In March, Société Générale chief executive Slawomir Krupa warned that “nothing is sacred” as the French bank tries to shrink a stubborn cost base. Morgan Stanley analysts said AI helps improve cost-to-income ratios, one of the most watched metrics by investors. These ratios remain high at many consumer-focused lenders, especially in France and Germany. Branch networks remain expensive. Digital channels are cheaper. AI fits directly into that math. Across Europe, banks serving retail customers face the biggest shake-up as more services shift to apps and automated platforms. The surge in AI use has also sparked fear well beyond banking. Several industries already face job losses as software replaces people. Financial services sit near the top of that list. Analysts warn that this wave will not stay limited to support teams. Over time, more functions could be affected as systems grow more capable. Executives warn speed matters as training risks grow At UBS, analysts say AI already…

The crypto space is evolving at a rapid pace, and with it, the understanding of how cryptocurrency can be integrated into traditional banking models. Today, custody solutions and dynamic collateralization techniques are becoming pivotal in this transformation. They are enabling fintech startups to thrive without the burdens of traditional banking infrastructure. What does this mean [...]