Businesses are having to continuously reinventing themselves in order to stay current. These days, digital transformation of businesses have become the very least a business can do to remain relevant to their customers and to keep up with the challenging marketplace.
A common occurrence in businesses undertaking digital transformation is the upgrading of different systems in different departments or aspects of the business at different times with different technologies. As such, it is critical that any technology being considered has to readily interface and integrate with other legacy or future systems that may be put in place.
With its long history of working with banking institutions, iMocha has developed strong familiarity with the nuances, regulations and security requirement of dealing with financial transactions. Armed with this knowledge and experience, iMocha aims to deliver the utmost benefits and quality to its corporate treasury and finance clients.
iMocha’s Cash & Treasury Management Solution allows businesses to create a seamless environment where data from the operational and administrative parts of the business come together with the financial parts to form a cohesive, single-window view of their business in order to make informed decisions
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Secure Channel – SSL/TLS used to encrypt communications channel
Secure Transmission – SFTP used for file transmission
PGP File Encryption – Ensures that file content can only be read by the intended recipient
Database Encryption – Protects sensitive data from being accessed by administrative-only users
Secure Data Facilities – Data stored securely with established hosting providers
Two-factor Authentication – Security token installed on user’s mobile device coupled with password access
Password Policies – Adaptable to the IT policies of each corporation
Access Control – Configurable, role-based access
Audit Trails – Eliminates data tampering concerns through traceable and accountable actions
IP Address Filtering – Additional security measure to restrict access
Digital Signatures – Monetary transactions can be traced and verified, thus avoiding repudiation of approvals
Session Timeout – Reduces exposure to risk of unauthorized access
OWASP Compliance – Protection of application from known vulnerabilities