Secure and reliable file transfer for retail banks

It’s time for a new file transfer solution

File transfer processes are particularly vulnerable to In financial institutions, it’s common for teams to become overwhelmed by:

• A desire to securely and efficiently manage high-volume credit card transactions and applications
• An imperative to keep accounts safe from unauthorized access and fraudulent activities
• Pressure to adhere to industry and regional regulatory requirements
• The need to securely share information with payment processors, credit bureaus and fraud detection services
• The responsibility of preventing data breaches via ransomware and other threats

You can scale while preventing breaches

With JSCAPE by Redwood’s managed file transfer (MFT) solutions, your retail bank can confidently deliver secure and reliable services even as transaction volumes grow, inspiring trust and shielding your reputation.

From protecting sensitive credit card and loan information to meeting Payment Card Industry Data Security Standard (PCI DSS) requirements, Gramm-Leach-Bliley Act (GLBA)-compliant file sharing and Fair Credit Reporting Act (FCRA) and Financial Industry Regulatory Authority (FINRA) standards, JSCAPE is built to handle the unique demands of retail banking.

 

 

Financial information deserves top security features

Use JSCAPE’s advanced data encryption protocols to safeguard sensitive customer data in transit and at rest and strong access control measures, including multi-factor authentication (MFA), to prevent unauthorized access to your critical systems.

With DMZ streaming in JSCAPE MFT Gateway by Redwood, you’ll be able to safely exchange files with external partners while protecting your internal networks from exposure.

Compliance requirements go beyond transfer protocols

JSCAPE gives you the option to transfer files using FTPS, SFTP, HTTPS, AS2 and other secure protocols according to your trading partners’ diverse requirements. But that’s not all you need to stay compliant. You’ll also get:

• Comprehensive audit logs: Track every file transfer for compliance, fraud investigation, auditing and troubleshooting purposes.
• Data loss prevention: Automatically detect and secure sensitive information to meet standards for GLBA and PCI DSS compliance.
• Role-based access control (RBAC): Restrict access to sensitive data in compliance with FCRA and other regulations.

 

 

Automated workflows give you control

Achieve unprecedented operational efficiency with JSCAPE’s availability and workflow automation. Active-Active high-availability clustering and load balancing support uninterrupted service, even during your busiest times. Automation streamlines repetitive tasks like credit application processing and report generation to reduce errors and save time.

Furthermore, you can extend the platform with APIs via HTTP requests to connect seamlessly with payment processors, credit bureaus and fraud detection systems for real-time data sharing.

Having all these features in one secure file transfer solution allows you to scale with ease — increasing transaction volumes and evolving business needs are no problem.

Why choose JSCAPE?

With a truly secure file-sharing solution powering your data transfers, you’ll be able to:

• Build customer trust: Deliver reliable services and commit to industry-approved security controls to maintain and strengthen your bank’s reputation.
• Demonstrate compliance: More easily meet regulatory requirements for payment processing, account data storage and more.
• Enhance credit card cybersecurity: Protect cardholder data from breaches and identity theft by catching suspicious activity right away.
• Improve efficiency: Automate processes to speed up credit decisions and reduce operational overhead.
• Scale operations: Manage growing transaction volumes and support business growth effortlessly, knowing you’ll have secure systems.