Risk Management

Risk Management in the financial sector is the systematic process of identifying, assessing, and controlling threats to an organization's capital and earnings, particularly crucial in the payments, foreign exchange (FX), and blockchain domains where exposure to fraud, cyberattacks, and regulatory non-compliance is high. Effective risk management involves establishing a robust framework, including policies, procedures, and technological safeguards, to ensure financial stability and protect customer assets against a spectrum of threats like credit risk, liquidity risk, and operational risk.