KALI asked:


effects to banking industry if there is no internet facility

There seem to be few that the average person can read and understand. With a little investigation at your local bookstore and online, you can find some fairly recent books that have something to say to the average consumer about internet banking.

Scams and Swindles: Phishing, Spoofing, ID Theft, Nigerian Advance Schemes Investment Frauds. There are many how-to books with instructions about knowing when you are being taken for a ride.

If you read this book, you will get information from crooks who have scammed, people who have been scammed, and cops who have investigated scams. You will be given worksheets and detailed reports on recognizing internet banking fraud. It is a must-have book for anyone who wants to understand how frauds work.

In some books, the author discusses how internet banking services can be used to create wealth. The usual financial concepts are discussed. Understanding net worth and how to accumulate cash are important ones. Different types of investment vehicles are also mentioned.

The difference in some books is that it is all related to internet banking. It is all designed to make it easier to run your finances from your home computer. This not only includes your internet banking savings accounts. It includes stocks and bonds, as well. It is well worth the investment. Some books shed light on how internet banking may become more popular in developing countries. They explain that mobile devices are much preferable to installed devices in such countries.

This is because, for anything that involves installation, like a satellite or cable service for internet, people have to wait quite awhile. The early users of the internet in developing countries will be those who have wireless internet. It stands to reason that these people will use their computers for internet banking as well. Some books give a studious report on banking issues that affect the world. They include discussions of internet banking.

You can also order articles to download from the internet. One article discusses the implications of internet banking on mortgage lending. Another article claims that internet banking has forever changed mortgage banking.

It takes diligence to find pertinent information on internet banking. Much of the information is too outdated to be of any usefulness. A lot of it is written in complex banker’s language and words only an internet guru would love. However, there are some books that are interesting to read about the subject of internet banking.

By: Terry Detty

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jhyejw asked:

Learn all about personal banking such as personal internet banking, personal banking software and online personal banking as well as business banking and international banking.

Banking around the clock is no longer a remote possibility. But the banks don’t have to keep their branches open 24 hours a day to provide this service. This is one of the biggest advantages of Internet banking.

One doesn’t have to go to the bank’s branch to request a financial statement. You can download it from your online bank account, which shows you up-to-the-minute updated figures.

Another advantage of Internet banking is that it is cost-effective. Thousands of customers can be dealt with at once. There is no need to have too many clerks and cashiers. The administrative work gets reduced drastically with Internet banking. Expenditures on paper slips, forms and even bank stationery have gone down, which helps raise the profit margin of the bank by a surprisingly large number.

As far as customers are concerned, their account information is available round the clock, regardless of their location. They can reschedule their future payments from their bank account while sitting thousands of miles away. They can electronically transfer money from their bank accounts or receive money in their bank accounts within seconds.

You can apply for a loan without visiting the local bank branch and get one easily. You can buy or sell stocks and other securities by using your bank accounts. Even new accounts can be opened; old accounts can be closed without doing tedious paperwork. Especially with the increasing acceptability of digital signatures around the world, Internet banking has made life much easier and banking much faster and more pleasant, for customers as well as bankers.

By: Marcus Peterson

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jojo302 asked:


sometimes it takes an hour other time with other banks up to 5 days …
is barclays one of the quick ones ?

NekoMimiMode asked:


I got my 100$ gift card for personal use. and it was from the simon giftcard, my mom thinks i have to activate it first and its a debit card. Under the logo it says US BANK so i went to the website to sign up- what are the risks – anyone knows if it is good ? Pay pal is bad right? which secure site would you recommend thats good in transaction, will i have to pay to sign up?? cause i dont want to do that >w<
by the way im only 12 >_>

Sophra asked:


I know that most of the time you will utilize direct deposit to put money in these accounts, but is this the only way? What do you do if you have an old-fashioned paper check?

Internet banking is becoming a larger part of any individual’s daily banking routine with the ease and convenience of this service allowing people to manage their finances all from the comfort of their own computer.

Online banking is the new face of the banking industry with bank customers now able to pay bills, check balances, manage credit cards and transfer funds online for free at their own convenience while banks utilize the online option as a cheap alternative to over-the-counter services.

Yet as a result of all this online information, new security measures are needed to protect users from fraud, scams and personal identity theft with internet banking offering unprecedented access to a person’s details.

The online banking economy industry means there is literally billions of dollars accessible online demanding a level of security of the highest standard to protect customers from hackers.

Online banking security has become a major priority for financial institutions worldwide with more customers using this portal as their principle choice of banking. However, coinciding with this is the increase in the number of bank account fraud and cases of hacked internet accounts, with the number of cases rising by almost one third every year.

So it is now more important than ever to take all necessary precautions to protect yourself when banking online by using security programs, passwords and adequate authentication techniques.

Additionally, there are simple monitoring and control program services will be able to keep the credit cardholder up to date of all spending activities that occur on a card, which can prove hugely beneficial for those who may have had their account details stolen.
There are a number of simple everyday steps that every online bank account holder can do in order to protect themselves online.
Internet Banking Security Checklist:
Keep all internet banking personal details private, such as your login. This is especially true for any calls that you may receive from people claiming to be from your banking institution, as legitimate bank employees will not contact in this manner nor ask for your personal details such as login. Keep your email inbox secure. Always look for the security symbols when shopping online. Check your statements for any transactions you don’t agree with. Alert your bank provider if you feel your internet account has been compromised. Install up to date security protection on your computer that will reject any programs that will attempt to hack into your internet account such as key loggers. Use a secure password that cannot be easily guessed such as your birth date or pet’s name. Regularly check over your credit file to ensure no unauthorized financial processes have been made such as credit card applications.

By: Glen Anthony Brown

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baybeeshabz. asked:


i’ve made an account on there and i have the number you need to log on eg:IB875339867786
i type it in and it goes onto my security for internet banking.
[i have just recently made an account]
so i type in the security details [these are correct-double checked]
and the only button on the page is ‘back’ not next or anything.
so i press back and it takes me to the homepage and its not logged on.
please help!

thanks