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 includes:

  • 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
Anna Delaney
Executive Editor

ISMG
Ruud Grotens
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
Sponsored By
Bottomline

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.

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

Should Banks Rely on Cloud-Based Fraud Detection Solutions?