Learn About Online Banking
When compared to traditional brick-and-mortar financial institutions, online banking provides all the familiar banking services and more. No longer are consumers relegated to banker's hours and getting in line with a dozen other people during a lunch...
When it comes to Internet banking there are literally no disadvantages. Seriously, sometimes a technology comes along that every single citizen in the world should embrace as part of their daily lives. Just like automobiles and telephones, Internet b...
Given the rapid evolution of the electronic economy, it's not surprising that Internet banks have been popping up recently. In some cases, these are logical extensions of services already offered by financial institutions with a strong online presenc...
With all the services provided online, the traditional bank is becoming obsolete. Opening accounts, applying for loans, and paying bills online are everyday services utilized by a large percentage of the population. As soon as currency can become ele...
When it comes to managing one's finances traditional banking methods are deemed the safest and most favorable. Traditional methods involve face-to-face interaction with the bank staff who can handle simple transaction queries or clarify other simple ...
Generally speaking online banking is safe. Simply logging in to your banks' web site to transfer funds or pay bills should never have any security issues. But like all aspects of life there are certain steps you can take to protect yourself from ne...
A record number of Americans, about 62%, prefer online banking versus visiting a branch, according to a report last fall from the American Banker's Association. That's up from 36% in 2010! But many people don't yet understand how online banking works...
When the idea of online banking was first introduced, I was skeptical. How, I thought, could that ever be safe? While I'm not an expert on password security and all things technical online, I can confidently say that I've been banking online for near...
Although there are a lot of advantages brought upon by the services of online or home banking, there is also one disadvantage of it. And this is more frightening because it can actually happen in an instant. And this is the so-called hacking. Fina...
Six months ago, I logged into my online bank account, only to find that $6,000 was missing from my savings. After getting over the initial shock, I began doing some research on how and why this happened to my account, and preventative measures to tak...
If you do all your banking locally, you could be spending too much. The same goes for everyone keeping their money at national commercial banks that operate out of brick-and-mortar branches. If you haven't considered an online bank yet, and most peop...