Policy Strategy for Transaction Speed, Data Security and Regulation in the Banking Industry: A Case Study on Bank Jatim Karesidenan Kediri and the Impact of its Contribution to Bank Performance

Journal Title: International Journal of Social Science And Human Research - Year 2023, Vol 6, Issue 12

Abstract

Bank Jatim Karesidenan Kediri needs to improve customer data security by developing the right policy strategy. Policies that need to be implemented include multi clouds with homomorphic encryption, managerial security awareness with Big Data Solution vendor reputation, and the use of holistic data warehouses in data privacy health architectures. In addition, Bank Jatim needs to pay attention to banking regulations and restrictions on access to activities between countries to minimize data security risks and increase customer trust. This study uses quantitative design and interview and observation instruments to obtain reviews on delay conditions in transactions, customer data security, banking regulations, and benefits for Bank Jatim Karesidenan Kediri. implement appropriate policy strategies such as multi clouds with homomorphic encryption, managerial security awareness with Big Data Solution vendor reputation, and using holistic data warehouses in data privacy health architectures. In addition, Bank Jatim also needs to pay attention to banking regulations and limit access to activities between countries to minimize data security risks and increase customer trust. Through the implementation of the right policy strategy, it can improve financial performance, expand the reach of customer services, and maintain its position in the midst of today's banking industry competition. The implementation of policy strategies must be carried out accurately and agilely in order to optimize bank performance and performance.

Authors and Affiliations

Djunaedi, Nur Laely, Angga Rizka Lidiawan, Dita Riyanto Putro

Keywords

Related Articles

HOTS-Based PjBL Model Development to Increase Children's Creativity in Elementary School

The PjBL (Project Based Learning) model is important to develop in learning at elementary schools, because the PjBL model provides opportunities for students to develop creativity and improve learning outcomes. The PjBL...

Essays on Open Banking, Account Portability, Digitizing a Bank, Crypto Lending, and Social Commerce

This Paper Discusses Five Topics: Open Banking, Account Portability, Bank Digitization, Crypto Lending, And Social Commerce. In The First Section, Open Banking Is Defined, How Open Banking Works Is Described, The Advanta...

FOMO in Modern Societies: Digital Addiction and Its Psychological-Sociological Effects

In today's world, where digitalization is transforming social structures, there is an increasing effort to be constantly online and present on social media. In this case, individuals are experiencing the FOMO (Fear of Mi...

Legal Protection of Outsourced Workers/Laborers in the Issue of Termination of Employment According to Labor Law (Case Study of Case Number 400/Pdt.Sus-PHI/2022/PN.Jkt.Pst)

Termination of employment (PHK) is the termination of employment caused by a certain thing and has an impact on the termination of rights and obligations between workers and the company. PHK itself causes a lot of injust...

The IPO Underpricing and Market Liquidity after Reform on Chi-Next Board

This essay examines market liquidity and underpricing of initial public offerings (IPOs) in the wake of the Chi- Next board's financial reform in June 2020. The results show that IPO underpricing has grown and market liq...

Download PDF file
  • EP ID EP726129
  • DOI 10.47191/ijsshr/v6-i12-102
  • Views 72
  • Downloads 0

How To Cite

Djunaedi, Nur Laely, Angga Rizka Lidiawan, Dita Riyanto Putro (2023). Policy Strategy for Transaction Speed, Data Security and Regulation in the Banking Industry: A Case Study on Bank Jatim Karesidenan Kediri and the Impact of its Contribution to Bank Performance. International Journal of Social Science And Human Research, 6(12), -. https://europub.co.uk/articles/-A-726129