Online Banking Fraud

Of the huge number of videos available about online banking here is one which I particularly liked.

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Online Banking Fraud

If, like me, you are passionate about the whole subject of online banking then I am sure you will find this video to be well worth watching. If so, please leave a comment!

26 July 2007, Channel 7′s Today Tonight program aired on Australian television, covers the story of an online / internet banking fraud victim with the Commonwealth Bank of Australia. For full updates on the story visit the website astranet.com.au
Video Rating: 4 / 5

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[ReviewAZON asin="0767906845"]

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Videos, such as that shown here, are an excellent way to understand the subject of internet banking.

Hi! Im fed up of getting e-mails of this nature and i know others are too. So to those of you who dont already know about them, here’s my little bit of training for you to watch. Theres several points In this video. 1. Always check the sender. Do YOU have an account with them? 2. Check how they start the message. Dear customer, is NOT how banks start e-mails. They will use your name. 3. Check the details it is asking for. 4. Check for alternative contact details. 5. And most importantly, if your in dount RING THE BANK!
Video Rating: 5 / 5

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Answer Man asked:


This was stupid but we were desperate. What happens if I close my bank account. Can they come after me for fraud or can I deal with them some other way than direct withdrawl from my bank?

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[ReviewAZON asin="0470638796"]

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chthwl asked:


in internet on banking we recieve https// instead of http// https// is a fraud they take all information about our credit card and uttilise it illegal in market and you have to suffer for payment

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Rochelle asked:


Before i do i just want some advice has anyone shoped and got their products sent to them and bank details not being used for fraud with them only taking that pay, and not seeing anymore money from your account disapear after, and also was it secure and most important did you receive everything you orderd deliverd to your doorstep. How long did the delivery take, what sites were they you ordered from? thank you please contribute wther experience was good or bad? thank you !

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Customers Embrace Ease of Online Banking

New studies are proving that banking online has become increasingly popular across all demographics.

A recent study found that the use of online banking has increased significantly over the past seven years. While there were only 3.5m users in 2000, now there are close to 21 million online bankers.

Experts believe the increase in online banking has stemmed from the fact that those services are becoming easier and more secure. In 2007, fraud figures from online banking dropped 33 per cent from the year before.

In addition, many banks are working to dole out security advice and promote safe practices to those users who are already banking online.

Online banking is often considered the easiest option when it comes to quick, daily services. Users can skip the lines at the bank branch and will find it easy to make transfers and bill payments online. For many simple tasks, online banking is often the quickest way to perform daily errands, as well as once-in-awhile tasks like international transfers.

Many banks now even let you start longer, more complicated processes online. If you’re hoping to apply for a loan or new account, often this can be done online. You can also choose to forego your printed statements each month if you’re viewing them online – this saves time, and the environment.

Though online banking is increasing in popularity, there are still plenty of face-to-face bank tellers available to answer any questions you might not be able to have answered online.

Before deciding to start online banking, be sure you understand everything your bank offers online. Offers differ from branch to branch, with some choosing to charge fees and others only allowing certain transactions online. Most banks will be more than happy to sit down for a meeting with you to make sure you understand what online banking means.

Experts also warn that online banking should be taken seriously. Though security has improved when it comes to keeping bank information safe, it’s still important to use common sense and caution when dealing with money online. Therefore, choose a hard-to-guess password and be sure to change it every few months. In addition, keep an eye on your statements to make sure you catch any suspicious activity.

It’s easier than ever for consumers to access their bank account online. Most banks in the UK offer convenient services that will allow you to do any of your banking errands quickly and easily.



By: Adam Singleton

About the Author:

Adam Singleton writes for a digital marketing agency. This article has been commissioned by a client of said agency. This article is not designed to promote, but should be considered professional content.

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How to identify unique internet-connected PCs?

Ali asked:


I work for an Internet Research & Security firm that needs to be able to identify unique Internet users as accurately as possible. Most companies typically use cookies and IP addresses to track unique users, but these are easily changed or removed by fraudsters or savvy users. I need to be able to identify a unique PC without requiring the user to download any additional software (such as activeX controls), using only the typical softwares most users have. (browsers, flash, java etc).

For example, if I connect to a secure web page (such as a bank site), the bank site should be able to tell if I have ever connected to the site before. This helps in identifying repeat users, and reducing fraud.

Mac addresses don’t work without installing something on the user’s PC. IPs are not very accurate since a lot of people use work/univeristy/public IP networks. Cookies are routinely removed by users every few days.

What else can I use?

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