Online Banking Security

Online security has been at the forefront of the development of Business Online and is a critical component of the solution. Secure login and credential management ensures client, user and transaction security built on the most advanced technology available.

Additional security layers and features – including user access control, segregation of duties and audit trails – also enable you to manage your security needs within the system.

Business Online Security Features:

2-Factor Authentication

2-factor authentication is a security process in which the user provides two authentication factors to verify they are who they say they are. It’s an added security measure that makes the theft of logon credentials difficult for fraudsters.

User Access Control

We use the latest technology to control access to the system. In addition to username and password, 2-factor authentication provides an extra layer of security to verify the identity of users.

Segregation of Duties

This is key to internal controls and provides for role-based security and access and is customised to workflow processes. Segregation and authorisation are available for both transaction processing and user profile management levels.

Limit Management

To protect your business’s finances, transaction limits can be set at customer, user and transaction level. This controls the amount of funds that can be transferred between your accounts or paid out to beneficiaries.

Audit reports

A data log captures the records that make up an audit trail, and audit trail reports assemble these records, so they can be scrutinised. Both interim and final audit logs are provided for, and they can be viewed, exported and printed.

Account verification

To ensure that your payments are going into bona fide bank accounts, we verify account information before making payments or collecting funds. This assists our clients to reduce unnecessary costs associated with payments or collects.

Security Lock out (Access Control)

With this feature, you can completely deny access to your online banking profile at certain times of the day and on certain days of the week, giving you increased peace of mind – especially outside of normal business hours.