Online Banking Opportunities

Online banking is gaining in popularity all over the world. Banking on the Internet provides the opportunity to conduct all kinds of financial transactions without ever having to leave home. A large number of brick and mortar banks have websites where customers can do a variety of account related tasks. There are also banks that operate strictly online and do not have brick and mortar locations where transactions are done in person. Banking on the Internet has both Advantages and disAdvantages.


One advantage of doing your banking on the Internet is convenience. You don't have to drive across town or wait in long bank lines. You don't have to worry about going during banking hours because online banks never close. Another benefit is that you can do your banking from any location that has a computer with Internet access. The process of banking online is fast and easy, and usually takes less time than banking in person. Not only that, but you can view and manage various types of accounts including savings, checking, retirement accounts, investments and more from a single website. Some bank websites even offer compatibility with financial management software programs. Examples of such programs include Quicken and Microsoft Money.

Although there are plenty of good things about banking this way, there are also a few downsides also. You may find that setting up your online account is a bit time consuming. If you are using the online version of your brick and mortar bank you might actually have to go in and sign some documents in person before your account is approved. Some people, especially those without a lot of Internet experience, find the process of handling their banking duties online challenging at first. However, there should be Help files and a customer service department available to answer any questions you may have.

The issue of security is one that many people worry about when considering online banking. The good news is that the online banking sites these days are protected by sophisticated security measures that prevent even the most skilled hacker from accessing your account. If you decide to conduct your banking transactions online, print copies of them just in case questions ever do arise about a particular transaction. All in all, banking on the Internet is a convenient, easy and fast way to perform your financial transactions.



Online Banking News:
Dollars And Nonsense » Blog Archive » Online Software offers .
Corillian Online from Fiserv takes advantage of the latest Web 2.0 and Rich Internet Application (RIA) technology to provide a personalized and highly functional online banking experience within a simple and intuitive display. ...

Two-thirds of online banking credentials are shared (Computer Weekly)
The majority of online banking customers reuse their login ID and or password on other non-financial and possibly less secure websites, a study has revealed....

I bank online. Please rob me and steal my identity - TelecomTV

Computeach

I bank online. Please rob me and steal my identity
TelecomTV
Many people working in the ICT sector know about and are wary of the pitfalls and dangers inherent in some forms of online banking. .
Users run security risk by re-using banking passwordsOut-Law.com
Most web bank clients use same passwords elsewhereReuters
How to Fail at Online BankingThe New New Internet
Sentor - Managed Security Services (blog) -Computeach -eSecurity Planet
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Half the population shop online (di-ve)
Almost half the Maltese population (43 per cent) shop online, according to a survey commissioned by the Malta Communications Authority (MCA). Moreover, almost 3 out of 4 Maltese internet user shop online...

Bank of America Settles with SEC and the North Carolina Attorney General - PR Newswire (press release)

New York Daily News

Bank of America Settles with SEC and the North Carolina Attorney General
PR Newswire (press release)
Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and .
BofA Execs Hit with Civil ChargesCFO.com Magazine
New York AG filing civil charges against BofALeagle.com
MoneyGram International Announces Agreement to Expand PropertyBridge's Payment .StreetInsider.com (subscription)

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www.Wachovia.com Online Banking with BillPay - Wachovia
www.Wachovia.com is the official site for wachovia online banking service...

Bank of America Web site down - Chicago Tribune

The Business Insider

Bank of America Web site down
Chicago Tribune
Bank of America Corp., one of the nation's biggest banks, said it is trying to determine what is wrong with the Web site. "Bank of America's online banking .
Bank of America Web site goes down FridayCNET
Bank of America clients unable to access websiteBoston Globe
Bank of America Website Down - Online Banking Not WorkingModern Mom
Gather.com -Entertainment and Showbiz! -Khabrein.info
all 63 news articles »
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Bank of America Says Outage Not Caused by Attack - BankInfoSecurity.com

Bank of America Says Outage Not Caused by Attack
BankInfoSecurity.com
Customers reported they were unable to access the online banking portal of the country's largest bank. Only about 20 percent of the bank's nearly 30 million .

and more »
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Reusing Online Banking IDs Common, Risky (InternetNews.com)
Seventy-three percent of more than 4 million people surveyed by security firm Trusteer admit they use the same password on social networking sites like Facebook that they use for their online banks...

BankSource(.)org - Online Banking | Forum Webs
org - Online Banking. Submitted by admin on Fri, 02/05/2010 - 00:42. BankSource(.).org. All Extensions Taken Category EUR Online Banking. Registrar EUR GoDaddy. Renewal EUR 2/28/10. Alexia Traffic Rank EUR 16188904. Estibot $340. Valuate $340 ...

IPBS Enhances Banking And Investment Facilities - RFPConnect.com

IPBS Enhances Banking And Investment Facilities
RFPConnect.com
"The e-Banking module enables our customers to offer their end-clients a more functionally rich online banking platform that supports a wider range of .

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NewAlliance Bank to Launch "Do Your Thing" Campaign - MarketWatch

NewAlliance Bank to Launch "Do Your Thing" Campaign
MarketWatch
The campaign will include wide-reaching TV, radio, print and online advertising; a strong branch presence via merchandising and collateral pieces; .

and more »
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Users run security risk by re-using banking passwords (Out-Law)
Nearly three-quarters of online banking users are putting the security of their accounts at risk by re-using their passwords at other, less secure sites. Nearly half use both their usernames and passwords at other sites, increasing the security risk...

Trusteer: Two-Thirds of Users Reuse Online Banking Credentials .
Making work easier for cyber criminals, a Trusteer report found that two-thirds (73 percent) of internet users use their online banking credentials on other W...

Wells Fargo Extends Text Banking to All Customers (Business Wire via Yahoo! Finance)
SAN FRANCISCO----Wells Fargo & Company announced today that text banking EUR” a safe and easy way to stay on top of account information EUR” is now accessible to all customers including those who have yet to enroll in Wells Fargo Online Banking...


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