StrategyCorps’ Post

🚀 Digital Lending: Speedy, Convenient... But Are We Locking the Vault Tight? 🔒😎 Getting a loan today is almost as simple as ordering a pizza—instant approvals, quick payouts, and barely any paperwork! But while we enjoy the convenience, let’s not ignore the other fans of these smooth processes… 👀 Multi-factor authentication (MFA) is like the superhero of security, but by the third OTP, you’re either a tech wizard or wondering if you're breaking into a vault. 😅 Better secure than sorry, right? As digital lending accelerates, the real challenge is making sure speed meets top-notch security. After all, while we all want instant loans, no one’s inviting surprise guests into their accounts. 💡 How are you balancing convenience with airtight security in digital lending? #DigitalLending #FinTech #CyberSecurity #MFA #DigitalIdentity #TechHumor

This #CyberSecurityAwarenessMonth, let's talk about staying secure when using public Wi-Fi. 🚫📶 Avoid using public Wi-Fi for critical transactions like online banking or shopping. These networks are often unsecured, leaving your sensitive data vulnerable to cybercriminal Want to learn more, follow us on LinkedIn, X and YouTube to stay updated:- Linkedin :- https://lnkd.in/gqHi8_r3 X(twitter) :- https://lnkd.in/g_bBmWeu Youtube - https://lnkd.in/g6DDp8gk #CyberSecurityAwarenessMonth #PublicWiFiSafety #StaySecureOnline #ProtectYourData #OnlineSafetyTips #CyberThreats #SmartSurfing #CyberSecurityTips #WiFiSecurity #DigitalSafety

🔍 Curious about TruID and how Betterbanc uses it to assist you? TruID is a consent-driven platform that facilitates secure connections between consumers and their banks, allowing for the safe and convenient sharing of information. Here's how it works: 1️⃣ Grant Consent 2️⃣ Verify Identity 3️⃣ Authorise Sharing Is it safe? Absolutely! TruID prioritises privacy and security, ensuring your data remains protected. Visit https://lnkd.in/dfgPBqxQ to learn more. 💼💳 #TruID #Betterbanc #SecureConnections #Privacy #Security #Banking #Finance #Betterbanc

The shift towards a cashless society brings its own set of challenges. While reducing physical crimes like bank robberies, we’re seeing a rise in cyber threats. In Sweden, for example, cash-related crimes have dropped, but online fraud and scams have surged. At Bankz, we recognize that eliminating cash doesn’t eliminate crime—it just changes the way criminals act. We’re working closely with our clients to tackle these new risks head-on. Here’s how we’re mitigating the challenges: ➔ Inclusivity: Offering alternative payment solutions like prepaid cards and digital wallets for unbanked or underbanked customers. ➔ Cost management: Providing competitive transaction fees and discounted rates, especially for small businesses. ➔ Cybersecurity: Implementing encryption, multi-factor authentication, and regular security audits to safeguard transactions. ➔ Continuity: Offering backup systems and offline payment options to ensure operations during outages. ➔ Privacy: Providing privacy-focused payment solutions and educating clients on transparent data practices. If you’re considering going cashless or are already on that path, let’s talk about how Bankz can support your journey with the right tools and strategies to keep your business and customers safe. Reach out to schedule a meeting. #Bankz #Cashless #BankzBenefits

What you are about to read is a real story showing you how a business can be devastated by cybercriminals in the blink of an eye. Most importantly, I’ll share several ways this could have been avoided in the blog linked below- https://smpl.is/8wnef *Make sure to forward this to anyone who might be making online payments and, better yet, your entire staff. The name of the company and principals have been withheld so they don’t become a further target. #NextCenturyTechnologies #Lexington #KentuckyBusiness

While tech brings simplicity to our fingertips, it's not without its tangles, especially when it comes to our finances. 📱?💸? From the lurking dangers of identity theft to those sneaky automated subscriptions we forget to cancel - sometimes, the digital age feels like a double-edged sword. Be vigilant, stay informed, and reevaluate how tech serves you—or costs you. Learn more about the complexities of our wired world here: #financialhealth #financialtechnology https://lnkd.in/eQ_xF7cR

Managing your tech stack as a bank or credit union is no small feat—from your core banking systems to mobile apps, CRMs, loan platforms, compliance, and cybersecurity. The challenge? Ensuring these disparate systems are seamlessly integrated and secured at the highest level, while reducing operational risk and preventing fraud. That’s where Clevyr comes in. For years, we’ve helped financial institutions tackle these complexities with customized, secure solutions that enhance workflow efficiency. P.S. Need a way to secure high-risk workflows like wire transfers, card issuance, or loan applications? We built Validate for that exact purpose. With our workflow builder, you can easily integrate MFA and safeguard your processes to drastically cut down on fraud. Ready to secure your tech stack or need help with high-risk workflows? Message us directly or head over to our website at clevyr.com to explore how we can help. #clevyr #validate #bankingtechnology #fintech #cybersecurity

Online banking has revolutionized money management, offering unmatched convenience and flexibility. With features like instant transfers, bill payments, and financial planning tools, it empowers users to control finances effortlessly. Enhanced security measures provide safety, though cybersecurity and digital literacy remain crucial as the world increasingly adopts online banking. Read Full Article Here: https://lnkd.in/dxug7-Pj #finance #banking #onlinebanking #financialfreedom #onlinetransaction #consumers #convience #financialplanning #cybersecurity #safety #onlinebank #onlineservices #managefunds #financialtransactions #financialservices #securepayments #authentication

From a business owner’s perspective, excluding certain consumer groups is never a good idea. Some people prefer to pay with cash for various reasons—they may live in an underbanked area, their financial or credit situation may limit their options, and others simply prefer the privacy and lower risk of information hacking that come with using cash. Cash will always be a payment option, and for that very reason, business owners need to ensure they have an safe and secure cash management system in place. Cash is here to stay https://lnkd.in/d8YbZrZB #iZi Note the difference #cashmanagement #cashisking #cashlogistics #cashsupply

IT spend on anti-fraud systems is expected to increase by 6.1% to reach $4.5 billion globally by the end of 2024, Philip Benton writes in FinTech Futures. Fraud prevention is the top #cybersecurity concern for financial instutions. As online banking increases, so do opportunities for attack. Financial institutions need to keep up with new fraud patterns and use accurate prevention systems to protect customer trust, their reputation and finances. Advanced #FraudDetection technology, comprehensive incident response strategies and regulatory compliance enable teams to manage risks. https://bit.ly/4emN1Ca