The Four Terms Everyone Confuses With Model Risk Management
TL;DR Someone on a risk or technology team asks what model risk management actually covers, and the answers they get back use “governance,” “validation,” and “monitoring” as if they all mean the same thing. They don’t. Each is a real, specific piece of the job. Model risk management is the discipline that holds all of […]
Why Automated Model Risk Management Still Needs Someone to Sign Off
TL;DR A model risk team hears “automated model risk management” and pictures something close to unattended: drift gets caught, evidence gets filed, and nobody has to sit through a status meeting to find out a model is degrading. Half of that picture is accurate. The other half is where teams get into trouble. Automated model […]
Most Model Risk Management Software Doesn’t Do What the Name Promises
TL;DR Search “model risk management software” and most of what comes back is a dashboard with a drift chart and the word “AI-powered” somewhere in the hero copy, a monitoring widget wearing a bigger label than it’s earned. Model risk management software has a specific job: monitor every model in production, including the ones the […]
Model Risk Tiering: Why Not Every AI Model Needs the Same Scrutiny
TL;DR A model risk officer at an NBFC gets asked by an examiner which of the institution’s forty deployed models get the deepest scrutiny. There is no RBI-published answer yet, only three named inputs and a deadline that keeps moving. The Three Factors RBI’s Draft Actually Names RBI’s June 24, 2026 draft guidance (“Guidance on […]
The OEM Certification Requirement Nobody’s Talking About in RBI’s Device-Locking Rules
TL;DR The Rule Text Says OEM Certification Is Required. It Doesn’t Say by Whom. Per secondary reporting on RBI’s device-locking guidelines, including coverage by Inc42, regulated entities (REs) and third-party device-locking vendors are required to obtain certification from the device or operating system platform’s OEM before deploying device-locking technology in gadget financing. That is the […]
Recovery Agency Due Diligence: What RBI Now Ties to Your Outsourcing Risk Policy
TL;DR An Auditor Just Flagged Your Recovery Agent Vetting as Undocumented Nobody is telling you the vetting was bad. That’s the part worth sitting with. In a growing number of NBFC examinations, the finding isn’t that a recovery agent was under-vetted, that background checks were skipped, or that a red flag went unnoticed. The finding […]
RBI Fair Practices Code Collections Software Baseline: What NBFC Collections Teams Still Owe Borrowers Under the 2025 Responsible Business Conduct Directions
TL;DR Most collections compliance guides are citing an instrument that no longer stands alone Anyone evaluating RBI Fair Practices Code collections software right now is really asking two questions at once: what does the Fair Practices Code actually require, and does the tool in front of me meet it. The honest answer starts with a […]
Recovery Call Recording Compliance for NBFCs: What RBI’s 2027 Rule Requires
TL;DR Recovery Call Recording Compliance Is a New Documentary Requirement, Not a Conduct Update Anyone searching for what recovery call recording compliance actually requires is usually trying to answer two questions: what the rule mandates, and whether their collections software already meets it. Here’s the direct answer: RBI’s rule requires that recovery calls be recorded, […]
Banks Should Measure Reuse, Not Just ROI
Banks have spent the past several years proving that artificial intelligence can create value. Fraud models reduce losses, contact-center copilots improve productivity, AI-assisted underwriting accelerates decisions, and relationship intelligence helps bankers identify opportunities earlier. Most of these initiatives are evaluated in a familiar way: What problem does the technology solve, what does it cost, and […]
The Missing Ingredient in Agentic AI: Predictive Intelligence
Every technology wave has a defining misconception. During the rise of robotic process automation, many believed that automating workflows would transform business performance. It certainly improved efficiency, but it rarely improved decision quality. Organizations became faster at executing the same decisions they had always made. Today, a similar assumption is emerging around agentic AI. Across […]
