INTEGRATING PRODUCT MANAGEMENT STRATEGIES INTO RISK MANAGEMENT FRAMEWORKS: ENHANCING BANKING RESILIENCE IN THE ERA OF FINTECH AND REGULATORY EVOLUTION

This paper explores the integration of product management strategies into risk management frameworks within the banking sector, addressing the challenges posed by the rapid evolution of financial technology (FinTech) and regulatory landscapes.By examining the intersection of product management and risk control, this paper focuses on a novel framework to enhance banking resilience.The objective of this paper is to explore the practical implications and potential benefits of banks adopting an integrated strategy to better navigate the challenges posed by emerging financial technologies and regulatory changes, ultimately leading to improved operational efficiency and competitive advantage.The discussion focuses on how this integration approach can significantly enhance the resilience and performance of banking institutions in the face of emerging financial technologies and evolving regulatory landscapes; improve decision-making, faster time-to-market, and enhanced customer satisfaction, along with some challenges in this process.