Should Banks Rely on Cloud-Based Fraud Detection Solutions?

Cloud-based technologies are seen to be fundamental to help create agility in a changing banking landscape. Still, the industry has been reticent to fully migrate to the cloud. Long-term cybersecurity and compliance concerns, legacy core banking systems and a lack of IT talent - or the in-house training resources to develop it - remain the greatest barriers to adopting more innovative technologies.

However, with a greater shift to online digital payments and Impersonation Fraud now being classed as a National Security Threat, there is an increasing need to implement effective fraud prevention and detection systems that are capable of real-time, actionable alerts, something that legacy tech is unable to support.

It takes a different mindset and skills to secure cloud environments vs. on-premise. But how do you develop a working roadmap for secure cloud migration?

Discussion topics will include:

How to develop a working roadmap for secure cloud migration
Anticipated Fraud and Financial Crime trends in 2022
Techniques to prepare for these trends

Join ISMG's Anna Delaney for a moderated discussion that will feature insight from Ruud Grotens, Head of CFRM Solution Consulting, at event sponsor Bottomline.

Anna Delaney

Executive Editor

ISMG

Ruud Grotens

Head of Solution Consulting, Cybercrime & Fraud Risk Management

Bottomline

Watch a brief video on the topic.

February 1, 2022 | 11:00 - 12:30 pm CET

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*Please note that this is an invitation-only event and space is limited. All requests to attend will be reviewed by our event staff and approved based on professional qualifications and event capacity. Additionally, these events will not be recorded and the Chatham House Rule will apply.

Sponsored By

Bottomline (NASDAQ: EPAY) makes complex business payments simple, smart, and secure. Corporations and banks rely on Bottomline for domestic and international payments, efficient cash management, automated workflows for payment processing and bill review, and state of the art fraud detection, behavioral analytics and regulatory compliance solutions. Thousands of corporations around the world benefit from Bottomline solutions. Headquartered in Portsmouth, NH, Bottomline delights customers through offices across the U.S., Europe, and Asia-Pacific.

February 1, 2022 | 11:00 - 12:30 pm CET

Should Banks Rely on Cloud-Based Fraud Detection Solutions?

Discussion topics will include:

Should Banks Rely on Cloud-Based Fraud Detection Solutions?

By submitting this form you agree to our Privacy & GDPR Statement.

*Please note that this is an invitation-only event and space is limited. All requests to attend will be reviewed by our event staff and approved based on professional qualifications and event capacity. Additionally, these events will not be recorded and the Chatham House Rule will apply.

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