Product Description
Beavercreek Marketing has partnered with Fiserv to deliver a comprehensive risk assessment built exclusively to assist Fiserv financial institutions with the complex and ongoing task of completing risk assessments for each of their online banking products. This tool is designed to assist with the latest FFIEC guidance –Supplement to Authentication in an Internet Banking Environment.
Easy to use
- Prepare risk assessments simultaneously for multiple online banking products
- Online application, no software to install
- Easy to use survey questionnaire format
- Hundreds of survey questions included, add more as needed
- Easy to compare and contrast survey responses across all products
- Assign your own risk ratings, and list controls for each category
- Assign overall risk rating for each product
- Track history of risk ratings
- Create both inherent and residual risk ratings
Multiple Users
- Multiple user access
- Automates the process for issuing assignments to others
- Track completion of assignments and due dates
- Ideal for managing the risk assessment process
Reports
- Print executive summary and full reports for each product
- Save pdf reports on your own computer or hard drive
- Reports include the inherent risk rating (if available), residual risk rating, and your list of controls and management findings for each category.
Security
- Secure online access
- Hosting facilities are SAS-70 certified
- Strong encryption is applied to all user input fields and passwords
- For additional protection, an optional out-of-band authentication service is available free of charge
Updates
- Software updates and new survey questions are delivered as needed for new regulations, new products, and major Fiserv product upgrades
- Updates are included with the annual subscription
Multiple Products
Products covered by the risk assessment:
- Personal online banking
- Business online banking with ACH/Wire
- Mobiliti mobile banking
- Business mobile banking
- Merchant Source Capture
- Consumer Source Capture
- Mobile Source Capture
- Branch Source Capture
- Lockbox
- Online bill pay
- Business online bill pay
- eStatements
- Positive Pay
- ZashPay P2P payments
- A2A transfers
- Telephone banking
- Online applications
- Plus ACH operations risk assessment required by NACHA
Pricing
- The risk assessment software is priced at $1295.00 per year, per institution, plus a one-time development fee of $1200 per institution.
- Holding companies pay the full price for the first institution, 15% discount for the second, and 30% discount for the third and each additional institution.
- Minimum three-year agreement is required.
Sample Materials
Product Training: Power Point Presentation - Click here to view. Web Seminar - Click here to view |
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Home Page - View risk ratings for each category, and track all action items at-a-glance. You can also print reports from any screen. |
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Sample survey questionnaire. |
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Easily assign tasks to others with due dates. |
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Assign a risk rating to each category, and add your controls and management findings to each category. |
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A history of inherent and residual risk ratings are stored to track your progress. |