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Mobile Banking Risk Assessment: Meeting the Risk and Compliance Challenges
Kenneth Agle

A comprehensive, detailed overview of the mobile banking issues today and expected in the future as technology expands and how financial institutions can gain and present a sound understanding of associated risks aimed at meeting regulatory expectations

Price: $299.00
Mobile Banking Risk Assessment

Mobile banking adoption is widening and increasing exponentially, but issues remain that require industry awareness and response to promote compliance and reduce associated risks. When research findings discover that 11% of the 350,000 apps related to banking have notable suspicious risks there is little question that the marketplace is concerned. Mobile banking now includes a dizzying array of devices, mechanisms and approaches. Ninety percent of Americans are now actively utilizing smart phones, tablets, computers and wearable devices. It is only a matter of time before mobile banking is the predominant mechanism for many in conducting their bank activities. Financial institutions unable or unwilling to fully support this product may find themselves unable to compete in the market that is quickly demanding the benefits of true mobile banking. Financial institutions that embrace the technology, while not fully dealing with the significant risks, are asking for trouble. Regulators have observed and spoken at length regarding the benefits and risks of emerging technology and are looking for appropriate responses to offset the risks.

This webinar will analyze the risk elements and response mechanisms needed to address those risks. The mobile banking risk assessment is crucial to your financial institution’s survival and assists in promoting the confidence in your institution's mobile banking program that is essential to success. In this webinar, Ken Agle will outline the risk factors inherent in mobile banking and what elements are necessary to respond to those risks. He will demonstrate how to use a mobile banking risk assessment as the primary presentation tool in promoting understanding and expressing the approach of an organization in response to risk factors.

Please join Ken Agle as he provides a comprehensive, detailed overview of the mobile banking issues today and expected in the future as technology expands and how financial institutions can gain and present a sound understanding of associated risks aimed at meeting regulatory expectations.

WHAT YOU'LL LEARN

The best line of defense in risk mitigation is found in first understanding where risks are and then what actions have been taken or are needed to meet those risks. Capturing those elements is the goal of a risk assessment and will be the focus of this presentation that includes:

  • The major risk factors in mobile banking
  • Associated regulations with mobile banking
  • Key strategies for risk mitigation as it relates to mobile banking
  • The most likely technical and substantive violations and the compliance measures associated with mobile banking and how to avoid them
  • How to dot the 'i’s and cross the 't’s when dealing with the fringe elements of mobile banking
  • Practical tips on how to prepare your mobile banking risk assessment
  • AND MUCH MORE!
Price: $299.00

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PRESENTER

Kenneth Agle

WHAT'S INCLUDED

  • Access your training anywhere, with a computer, tablet or smartphone.
  • Engaging and up-to-date training to support your career and your organization.
  • Handouts you can distribute to your board and staff.