Mobile Banking Compliance Considerations
Mobile financial services can pose elevated risks related to device security, authentication, data security, application security, data transmission security, compliance, and third-party management. Customers are often less likely to activate security controls, virus protection, or personal firewall functionality on their mobile device making them more susceptible to outside threats.
Therefore, you need to ensure you provide your customers with the required disclosures for the product and that you have strong internal controls to monitor mobile transaction activity.
What You’ll Learn
Who Should Attend
This informative session is ideal for electronic banking personnel, operations personnel, and compliance officers.
