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Security-Online Banking
Posted: Thu Jan 26, 2012 2:58 pm
by Brian Reid
There has been some recent discussion regarding online banking. my question is how we can provide proper safeguards and cross checks when using online banking. Online banking requires only a single computer entry for a transaction to be processed. If we require two signatures for a valid check how can we do anything similar with online banking? What is to prevent a dishonest person from draining the bank accounts? I'm speaking from experience having been pastor of a church that suffered a major embezzlement.
Brian
Re: Security-Online Banking
Posted: Thu Jan 26, 2012 4:32 pm
by NeilZ
Brian Reid wrote:There has been some recent discussion regarding online banking. my question is how we can provide proper safeguards and cross checks when using online banking. Online banking requires only a single computer entry for a transaction to be processed. If we require two signatures for a valid check how can we do anything similar with online banking? What is to prevent a dishonest person from draining the bank accounts? I'm speaking from experience having been pastor of a church that suffered a major embezzlement.
Brian
Powerchurch does not currently have an online banking interface, so this question is moot at this time. As far as allowing users to access online banking, that is something that the church will have to determine. I would check with your bank to see what safeguards they offer on their business acounts.