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Electronic Banking Risk Assistant and ID Theft Education

Beavercreek Marketing offers a comprehensive risk assessment tool for electronic banking operations, along with ID theft education materials. The risk assessment software helps identify, measure, monitor, and control risk, while the ID theft education program delivers critical education to consumers, businesses, and staff.

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Electronic Banking Risk Assistant and ID Theft Education

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  1. Electronic Banking Risk Assistant and ID Theft Education

  2. Disclaimer Notice • Any interpretations or views expressed, written or verbally, are Beavercreek Marketing’s views of the impact of the regulatory/legislative rulings and do not constitute a legal opinion. • Beavercreek Marketing and Fiserv assume no liability or responsibility for errors or omissions in the content of thispresentation or the Risk Assessment software.

  3. About Beavercreek Marketing • Delivered marketing, education and compliance solutions to over 2,800 financial institutions • Ranging in size from de novo to Citibank • Delivered 1000 Fiserv Deployment/Conversion Programs • 1,400 Fiserv clients now live with the Online Education Center • 50 million+ videos viewed • All Beavercreek products and services are available exclusively to Fiserv financial institutions

  4. About the Risk Assistant Software  • Rachel RathmanDirector of Compliance, Beavercreek MarketingOCC Examiner for 13 yearsSpecializing in Safety and Soundness, and Compliance • Comprehensive risk assessment tool to help identify, measure, monitor, and control risk from electronic banking operations. • Risk Assistant tool can be used to complete both inherent and residual risk assessments. • Content is consistent with the most recent FFIEC guidance, including the 2011 “Supplement to Authentication in an Internet Banking Environment” guidance. • Survey questions are updated on an ongoing basis to comply with regulatory changes and changes to Fiserv product offerings.

  5. What Should a Risk Assessment Include? • Risk assessment reports should provide: • Inherent risk rating (before FI controls are in place) • Identify risks and list of controls in place • Residual risk rating • Communicate material risks to the Board of Directors • Incorporate individuals from different areas of the F.I. (recommendation in 2011’s supplement) • Assist with developing risk-based policies, procedures, and internal controls • Incorporate new products, services, or legal entities • Update on a regular basis - at least annually, or when significant changes occur

  6. How Does the Electronic Banking Risk Assessment Assess Risk? • Yes / No survey question format exposes area where further controls/action items may be needed • Consider the likelihood of risk • Consider the consequence of risk • Determine action items necessary to mitigate risk levels

  7. Products • Merchant Source Capture • Consumer Source Capture • Mobile Source Capture • Image Lockbox • Branch Source Capture • Positive Pay • Online Enrollment/Application • Telephone Bankingplus!ACH Back Office (NACHA) Wire Transfers Back Office Social Media • Internet Banking • Business Internet Banking • Online Bill Pay • Business Online Bill Pay • Mobile Banking • Business Mobile Banking • A2A Transfers • Popmoney (P2P Transfers) • eStatements

  8. About Security • Secure online application – no software to install • Log on with unique user name and password • Hosting facilities are SSAE 16 Type II certified • Strong encryption is applied to all user input fields and passwords

  9. Getting Started Welcome to the OEC

  10. Pricing: Electronic Banking Risk Assessment $1295.00/year per institution ACH Risk Assessment for NACHA Included One-time set-up fee $1200.00 Terms: Three-year agreement, contracted and invoiced annually through Fiserv or Beavercreek Updates to risk assessments are included with annual subscription Discounts available for holding companies with multiple institutions – call for pricing Support: Recorded instructional video provided Link to community forums to find and share solutions with other users Technical software support is available from Beavercreek Beavercreek does not provide legal guidance for completing risk assessments

  11. Also Available – ID Theft Education for Consumers, Businesses, and Staff • Quarterly statement inserts • Quarterly email sends • For consumers and businesses • Quarterly Reports including topic summary, quantity distributed, and email statistical data • See pricing and order at bankall.com

  12. ID Theft Education Materials

  13. New! ID Theft Education Program • ID theft education is required by the FFIEC • We offer a turn key program that delivers criticalID Theft education to: • Consumers • Businesses • Staff • Along with: • Quarterly Statement Inserts • Quarterly Email • Landing Pages • Video Tutorials • Staff Training • Small Biz IT Risk assessment

  14. ID Theft Education Materials Online Education Center • Consumer and business ID theft videos • Embed videos into website and Facebook • Deliver video email blasts • Free 20-Page ID Theft Emergency Repair Kit (pdf) • Track and report all videos viewed

  15. For more information contact Beavercreek Marketinginfo@bankall.com308-381-0311Or visit www.Bankall.com to learn about all of Beavercreek’s products

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