Archives - Online Banking


Mobile Banking and Payments Best Practices

Do you use a banking app on your phone? While mobile banking is very common among some age groups – for example, 69% of millennials take advantage of it – it’s not all that popular overall, with only about one-third of all U.S. bank account holders engaging in it. Its slow adoption might be traceable […]

Access banking sites/apps over cellular or VPN when possible

It’s inadvisable to do anything sensitive on any device when connected to public Wi-Fi or even to a Wi-Fi network that doesn’t belong to you. When you log in to online banking, consider doing so over a either a cellular connection or a virtual private network (VPN). Cellular and VPN connections provide more extensive protections […]

Set up multi-factor authentication on your banking app

Banking apps contain some of your most sensitive information. For that reason, it’s prudent to enable two-factor authentication (2FA) for them. The options for the second factor will vary by app/bank, but usually include receiving a text code or phone call. 2FA ensures that someone can’t break into your account if they steal your password, […]

Use trusted internet connections when banking or shopping online

When examining your online bank balance or making a purchase, try to avoid networks you don’t typically use, particularly public Wi-Fi hotspots they are not very secure, which makes it easy for others to intercept your data.  When you’re doing important transactions use your password-protected home network or employ a virtual private network (VPN) service.

Avoid credit card skimmers

These skimmers were once a major issue at ATMs and point-of-sale terminals. They can still be risky if you pay by swiping. To stay safe, pay with a chip or tap. At ATMs, consider using an NFC-enabled phone to tap to access your account instead of your physical card. That way, there’s no card number […]

Implement additional protections on your most important accounts

Some online accounts are more sensitive than others. Online banking, e-commerce and social media are often near the top of the list of accounts needing robust protection. It’s a good idea to enable two-factor authentication on these accounts and to secure them with strong password as well.