" " Be Proactive in Managing Risk with the Help of Modern Technologies – Financial Tips " "
Financial Tips
Advertisement
  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us
No Result
View All Result
  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us
No Result
View All Result
Financial Tips
No Result
View All Result
Home Banking

Be Proactive in Managing Risk with the Help of Modern Technologies

admin by admin
November 1, 2022
in Banking


In today’s digital world, effectively managing enterprise risk has become more complex and challenging than ever before. The added level of uncertainty due to the acceleration of online banking over the past few years does not make it any easier. As sobering stats continue to demonstrate, cybercrime is growing exponentially each year, as are the risks to organizations and consumers.

As the world continues to change, cyber criminals and fraudsters adapt and refine their tactics, managing to find ways to exploit new situations and events for their own gain. Meanwhile, regulators frequently revise rules, adding yet another layer of compliance complexity for you to keep pace with.

These are huge challenges banks and credit unions simply can’t ignore and ones that can be difficult to adequately address if utilizing sub-par technology and solutions. Indeed, many institutions are finding their existing approaches and technologies can’t effectively handle the many threats and burdens they face. However, failing to do so has serious consequences – potentially resulting in reputational damage, regulatory fines, losing accountholders, and other risks you can’t afford to take.

Time for Pre-Emptive Measures to Fight Cyber Threats

Today’s consumers expect their assets and information to be available and secure 24/7, trusting your institution to protect and secure their finances against cyberthreats. While closely following the latest news and trends in cybersecurity can help you stay on top of potential threats, it’s important to understand that traditional protection measures often don’t go far enough, as attackers continually use new methods to exploit vulnerabilities and bypass detection. It’s imperative you continue to invest in technology and focus on people and proactive measures to meet this need. One option for banks and credit unions that seek support in these areas, beyond what internal expertise and resources can provide, is to leverage the information security and technology solutions available from Jack Henry™.

Connect with Next-Generation Technologies to Combat Financial Crimes and Fraud

While there’s no specific way to stop financial crimes and fraud threats from happening, you can proactively put process, system, and technology improvements in place to make faster and smarter decisions and better manage risks. By leveraging the financial crimes and fraud solutions from Jack Henry, you can streamline your technology architecture and processes to support a better accountholder experience, improve risk decision-making, and generate greater cost efficiencies.

Put Modern Technologies and People at the Center of Your Strategies

Business-savvy financial institutions like yours can thwart the plans of cybercriminals and fraudsters by utilizing modern technologies and putting people – accountholders and staff – at the center of your risk mitigation strategies. This empowers your organization to overcome risk-related business challenges, more proactively manage risk, and improve accountholders’ experiences.

For more information about Jack Henry’s solutions that reduce risk and fraud, visit jackhenry.com.





Source link

Tags: risk & securitysponsored
Previous Post

Improving the Odds of Value Investing

Next Post

Bluefin Payment Systems Acquires TECS Payment Systems

Next Post

Bluefin Payment Systems Acquires TECS Payment Systems

Recommended

Fraud and Deception Detection: Text-Based Analysis

December 27, 2022

The Future of Instant Payments: Our Conversation with Bernadette Ksepka of FedNow

December 9, 2022

Don't miss it

Investment

Book Review: Investing in the Era of Climate Change

January 27, 2023
News

Biden’s “Renters Bill of Rights” Is Here — Is Nationwide Rent Control Coming?

January 27, 2023
Investment

ADU Real Estate Investing: Is It Worth It?

January 27, 2023
News

The Best Reason To Retire Early: Years Of Greater Happiness

January 27, 2023
Digital Payment

Scottie Pippen SP33, Murder Head Death Club, Kanpai Pandas, Claynosaurz and more collections added to Kraken NFT

January 27, 2023
Digital Payment

FTX Lawyers Attempt to Question Bankman-Fried’s Family and Inner Circle for Financial Insight – Bitcoin News

January 27, 2023

© 2022 Financial Tips News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us

© 2022 Financial Tips News Hubb All rights reserved.

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/