Managing Risks in Electronic Banking
INTRODUCTION
Information technologies have contributed to the development of electronic banking services. They open new opportunities for banks in the deposit and credit transactions, the possibility of offering new products and services, improve the competitive position, reduce costs, etc. Of course, when the bank is providing e-banking services, they are faced with certain specific risks – operational, reputation, legal and risk of international operations. Modern banking is daily exposed to the existing and new risks. Bank management must identify risks, assess, control and finance. Risk management is the process of project management which is done continuously, through monitoring and evaluation
Course Objectives
- Have a thorough understanding of e-Banking risks
- Learn the techniques for managing and mitigating those risks
- Gain the tools to implement them in practice in your institution
- Learn about setting up control systems and management oversight
- Explore outsourcing options and managing contacts with third parties