Latest industry news and perspectives.
The UK's smart data ecosystem is expanding rapidly. But third-party risk management is lagging, leaving banks, intermediaries and consumers increasingly exposed.
A single compromised provider at Finastra reached thousands of banks and fintechs. Invela examines what this previews for open finance systemic risk.
Traditional TPRM was built for bilateral vendor relationships. Open finance is a multi-party network. Invela explains how liability must be rebalanced.
When PayPal's fraud filters failed, €10 billion in unauthorised debits hit European banks. Invela examines how third-party provider risk undermines open finance.
Invela and USQRisk are developing insurance for open banking, closing the accountability gap that Accreditation and risk monitoring alone cannot fill.