With the advent of online banking, bank customers no longer have to rely on the phone, in-person visits to a bank teller, or visits to the ATM machine in order to conduct meaningful banking business.
- download recent or historical bank statements
- contact bank personnel
In terms of the technology utilized, most bank customers access their account information or perform transactions via their bank's website. Here is a brief history of online banking:
In the 1990s, telephone banking become popular. Telephone banking is arguably the most significant predecessor to today's online banking systems.
Online banking services leveraged the World Wide Web to allow bank customers to access their own account information via password-protected, encrypted connections. There are two distinctly different technologies utilized by banks for their mobile banking products. The other option is a downloadable, stand-alone application stored on your phone that is specific to your bank's mobile banking product. Mobile banking is perhaps the most widely available of these options!
Mobile banking security is always a hot topic. Other company's like AT&T are creating third party downloads that can be used to access accounts at many other banks enhancing mobile banking security. Considering downloading these far superior applications to your smart phone is an important step towards improving mobile banking security.
If you lose your phone, contact your bank immediately to maximize your mobile banking security.
Mobile banking has emerged rapidly in America.
More About Phone Banking : http://beautysafebox.blogspot.com/2011/10/mobile-banking-security.html
Or http://beautysafebox.blogspot.com/2011/10/telephone-banking.html