Archives - Mobile Banking

Protect your contactless payments with an RFID-proof wallet

Contactless technology is fantastic, it allows us to pay for small transactions quickly and easily without the trouble of punching in a PIN. But it also leaves you vulnerable to having your account infiltrated by anyone with an RFID reader and the right nefarious software. To protect your cards from unwanted transactions and fraud, purchase […]

Consider using mobile payment options instead of credit cards

Lots of smartphones now include NFC chips that allow them to be tapped at point-of-sale terminals. Payment options like Apple Pay are both convenient and highly secure, since they don’t transmit your actual card number to a merchant, only a unique identifier associated with your device.

Keep a close eye on your bank statements

Especially with the rise of online banking, mobile payments and online buying, it’s more important than ever to keep an eye on your financial accounts and check them routinely for possible fraud. Check your bank and credit card statements carefully to make sure there’s nothing improper happening.

Disable in-app purchases

In the permissions settings for most apps — where applicable — you have the option to turn off in-app purchases. This is highly recommended, as it means the app cannot access your banking details and it will protect you from accidental purchases that can’t always be undone should you inadvertently select an item that automatically […]

Check your banking account statements regularly

Review your banking, credit card, or payment service statements regularly to ensure there are no unauthorized charges or withdrawals. Be sure to shred bank and credit card statements before throwing them in the trash. Recent events have seen a increase in the use of online shopping, mobile payments and online banking, it’s more important than […]

Sign up for email alerts to quickly verify your online transactions

If available, sign up to receive an alert whenever your cards make a transaction. If you ever receive a suspicious alert, you’ll be the first to know. This way you can quickly contact your bank or credit card company to alert them of the fraud on your account and prevent any further damages.