Banks and credit unions can prevent fraudsters and other cybercriminals from gaining an upper hand on them by using more sophisticated protection. This protection is found in five layers of proactive security defense. Q2’s paper, Multilayer Security—Because a moat is not enough, discusses these essential layers to keeping account holders secure.
The proliferation of fraud is an unpleasant reality. But the dispute management workload that fraud creates doesn’t have to be as unpleasant, or as unmanageable, as it is today.
Q2 recommends your FI establish an analytics strategy that allows for the growth of deposits and loans, improves security, and increase efficiencies in back-office operations. Equally important in developing a useful strategy, your account holders’ digital data should be used in conjunction with machine learning techniques and behavioral modeling for optimal results. Learn more by reading Your Guide to Building an Analytics Strategy from Q2.
Q2 brings back-office simplicity to FIs looking to compete and gain account holders in the digital banking channel. Meet today’s challenges with efficiency gains, improved staff engagement, and the tools for improved security and risk management.
In a user-focused, mobile-ready world, brand success is driven by experience. Learn more about the opportunities for improvement in digital banking-particularly the corporate market.