How Can SaaS Companies Develop Best Practices to Avoid Risks Arising from Digital Bank Run? - Ascent Conference

How Can SaaS Companies Develop Best Practices to Avoid Risks Arising from Digital Bank Run?

In the past, a bank run would require customers to queue up at the bank while cashiers slowly counted each dollar. In the digital world, billions of dollars can be withdrawn from accounts in a matter of hours, creating a liquidity crisis that can lead to overnight collapse of a financial institute.

In this round table discussion, we will analyze scenarios that can lead to enterprise risks arising from financial institutes. We will then discuss what data-driven smart processes and tools can be utilized in this digital payments driven SaaS world to mitigate the short and long term risks.


Imran Hajimusa
GM, Payments & Fintech Services

Privacy Notice

This privacy notice discloses the privacy practices for ( This privacy notice applies solely to information collected by this website. It will notify you of the following:

Information Collection, Use, and Sharing

We are the sole owners of the information collected on this site. We only have access to/collect information that you voluntarily give us via email or other direct contact from you. We will not sell or rent this information to anyone.

We will use your information to respond to you, regarding the reason you contacted us. We will not share your information with any third party outside of our organization, other than as necessary to fulfill your request, e.g. to ship an order.

Unless you ask us not to, we may contact you via email in the future to tell you about specials, new products or services, or changes to this privacy policy.

Your Access to and Control Over Information

You may opt out of any future contacts from us at any time. You can do the following at any time by contacting us via the email address or phone number given on our website:


We take precautions to protect your information. When you submit sensitive information via the website, your information is protected both online and offline.

Wherever we collect sensitive information (such as credit card data), that information is encrypted and transmitted to us in a secure way. You can verify this by looking for a lock icon in the address bar and looking for “https” at the beginning of the address of the Web page.

While we use encryption to protect sensitive information transmitted online, we also protect your information offline. Only employees who need the information to perform a specific job (for example, billing or customer service) are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment.

If you feel that we are not abiding by this privacy policy, you should contact us immediately via telephone at 202-256-9707 or [email protected].