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While these processes mirror those discussed in other booklets of the IT Handbook, they are discussed below from an e-banking perspective. For more detailed information on each of these processes, the reader should review the corresponding booklet of the IT Handbook.
BOARD AND MANAGEMENT OVERSIGHT
Action Summary
E-BANKING STRATEGY
Financial institution management should choose the level of e-banking services provided to various customer segments based on customer needs and the institution’s risk assessment considerations. Institutions should reach this decision through a board-approved, e-banking strategy that considers factors such as customer demand, competition, expertise, implementation expense, maintenance costs, and capital support...
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