Risk management for consumer mobile deposits powered by Remote Deposit Anywhere™
Consumers – especially the 83 million tech-savvy, convenience-driven millennial segment of consumers – expect to conduct the majority of their business interactions using smartphones and tablets. Financial institutions, both large and small, must provide the innovative solutions that meet consumer expectations and support progressive digital strategies in order to remain competitive. But today, with fraud impacting almost every aspect of financial services, financial institutions need multilayered, practical approaches to risk mitigation and management.
JHA SmartMonitorSM provides risk management for consumer mobile deposits powered by Remote Deposit Anywhere™, including the following sophisticated capabilities (and more):
- Real-time evaluation of consumer mobile remote deposits.
- Sophisticated risk profiles that control how high-risk transactions are identified, evaluated, and managed.
- A dynamic transaction queue for reviewing higher risk deposits and the details needed to make informed process or decline decisions.
- Robust velocity controls for consumer mobile deposits.