Electronic banking service

Reputation risk can arise when the Bank’s actions cause a serious public confidence in the bank’s ability to perform essential functions to continue operating. Reputation risk is important not only for a easy recharge retailersingle bank, but it is important for the entire banking system. Legal risk in contravention occurs or lack of compliance with laws, rules, regulations or procedures provided or when the legal rights and obligations of parties to a transaction that is not properly adjusted. Banks conducting operations in e-banking or e-money may face legal risks in connection with the publication of information about customers and the protection of bank secrecy.

Developed rapidly

Traditional banking risks Other risks such as credit risk, liquidity easy recharge retailer risk, interest rate risk and market risk and risks arising from electronic banking. Credit risk is the risk arising from non-payment of the full payment obligation or deadline, or at any time thereafter established. Banks that operate electronic bank can extend credit to non-traditional channels and to expand the market beyond traditional geographic. Lack of procedures that determines the credibility of borrowers apply for loans through electronic channels can cause credit risks for these banks.

Liquidity risk is the risk that arises due to the inability of the Bank to meet its obligations as they come due date. Rate risk refers to the exposure of the bank’s financial situation to shake rates. Market risk is the risk of loss recorded in the balance sheet easy recharge retailer positions in and outside of the losses arising from changes in market prices, including exchange rates are and. Risk Management Processes that includes three basic elements of risk assessment, control and monitoring risk exposure helps banks and supervisors to achieve these goals.

It is important that banks have a transparent risk management. And when new risks are identified in these activities should board and senior management informed. Moreover, they have appeared lately and new risks such as the risk strategy, which is the result of a lack of understanding easy recharge retailer of business managers on their leadership potential and impact of the Bank. Banks must respond to these risks by developing a clear strategy to the top and take into account all relevant impacts of the operations of eBanking.

Easy recharge retailer project

Such a strategy must be distributed efficiently across the entire transaction and must be based on a proper business plan to effectively monitor the performance of mobile recharge deals e-commerce and banking security. Safety is a combination of systems, practical applications and internal controls used to protect the integrity, authenticity and confidentiality of the data and methods. Security indicates easy recharge retailer management’s intention to support information security, a statement on a bank security organization, says the main directions which define the tolerance of a bank security risk. The policy describes the responsibilities for modeling, implementing and strengthening information security measures, it can establish procedures for assessing policy mobile recharge deals outcomes, strengthen disciplinary measures and to report security threats.