Overview

ProSight Financial Association is a non-profit membership organization that provides financial services leaders with industry insights, training, and tools. Formed in 2024 from the merger of the Bank Administration Institute (BAI) and the Risk Management Association (RMA), it combines retail and commercial banking expertise with risk management and regulatory guidance. Members are banks and other financial institutions joining as institutional or associate members to access a peer community, benchmarking data, analytics, and guidance on risk and regulatory issues. A flagship offering is the ProSight Fraud Alert Network, launched in 2025 to share timely fraud alerts and enable secure collaboration among practitioners; the goal is to help institutions stay current on risk and regulatory changes, improve risk oversight, and collaborate to detect and prevent fraud.