Helping You Assess Risk and Avoid Loss
Today’s market requires cross-channel risk evaluation. We can no longer isolate payments systems from one another; the digitization of payments has fueled an omnichannel impact on risk management.
NEACH Payments Group, with its team of experienced and accredited payments professionals, can help. Our comprehensive, cross-channel assessments help to identify vulnerabilities and establish priorities in addressing them, before they become a problem. Regular risk assessments do more than just minimize risk; they enhance operational efficiencies and impact the bottom line.
Our process is efficient and effective, and our results are what keep our clients coming back year after year.
Wire Transfer Risk Assessment – Transfer speed, paired with large-dollar transactions and the inability to recover funds once they’re sent, make wire transfers an area of risk with the greatest potential for loss for financial institutions. Our team of highly-trained professionals helps you identify ways to tighten procedures to avoid loss. Our Wire Transfer Risk Assessment:
- Offers a comprehensive review of your wire transfer policies, procedures, processes, forms, agreements and more
- Incorporates an on-site review tailored to your level of activity and expectations of examiners in identifying and controlling risks
- Includes a final report, which contains an evaluation of your wire transfer controls and recommendations to strengthen risk practices, policies and procedures.