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Former Dy. Governor - RBI,
Ex-Managing Director - SBI,
Managing Director - Institute for Insurance & Risk Management
"In the entire financial sector, there has been an explosion in the usage of IT facilitating an efficient system of transacting business globally. The entire banking system and the payment system, which handles both private and government revenues depend extensively on these sophisticated, secured communication networks, routing millions of transactions daily, which ultimately get settled through the banking system. It follows that a robust security system must compulsorily be put in place to ensure against Cyber frauds, Identity thefts, Phishing attacks and a variety of other mischief resulting in losses and legal complications in retrieving the funds.
A comprehensive end-to-end 360 degree solution is therefore very essential for any individual or organization, who transacts business using the computerized systems and also depends on the web-enabled settlements. M/s. Uniken, from Pune have developed one such solution (Transafe), which has been installed in a major public sector bank in this country and IIRM also decided to go in for this secured system, which I found it easy to install going through a secured browser between the client and the bank through which payments are routed. I found the team quite friendly and customer oriented in our dialogue with them at the time of installing the software and later during the handholding period. Whenever a few service issues needed resolution and we escalated the matters to their centralized Call Centre, their responses were immediate and satisfactory.
I have no doubt that users will benefit by installing this system, which will definitely protect from frauds and other identity related thefts." |
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