Everything About Banking

Online banking is safe for consumers Banking websites are hit by hacking attacks every single day. While that may be unsettling to hear, there is a silver lining. As a result of these attacks, banks continually improve their systems to effectively deal with such attacks. In addition, even if hackers are able to steal money from your account, […]

You can pay and receive money within seconds. You can earn cash backs using some apps available for transfers. No need to visit the bank saves both your time and money. You can block/unblock your card using mobile banking or net banking in case card is lost or misplaced.

1. Phishing: Having an online banking account, you might fall victim to phishing. This tactic generally involves tricking somebody into clicking a link in an email message. The link often downloads software to a computer that can be used to gather sensitive information such as usernames and passwords. 2. Identity Theft: Even if hackers do not […]

In 1995, Wells Fargo was the first U.S. bank to add account services to its website, with other banks quickly following suit. That same year, Presidential became the first U.S. bank to open bank accounts over the internet. According to research by Online Banking Report, at the end of 1999 less than 0.4% of households […]

Online banking, also known as internet banking or web banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution’s website. The online banking system will typically connect to or be part of the core banking system operated by a bank and is in contrast to branch banking which was the traditional […]