Archives - Mobile Banking

Use a mobile banking app for account management

This recommendation isn’t merely for convenience, but significantly for security. Official banking apps are usually the safest platforms for receiving activity alerts, viewing statements, and confirming login attempts via 2-factor authentication. Such apps also minimize the chance of falling prey to fraudulent emails masquerading as your bank, intent on pilfering your information. Furthermore, these apps […]

Close credit accounts you no longer use

It’s not a good idea to have too many unused credit accounts. This introduces possible security risks, and in some cases, it may harm your credit score. You can check how many open credit accounts you have by visiting a credit bureau’s website, such as Experian, TransUnion or Equifax. You may discover you have more […]

Refrain from using a debit card or bank account for online purchases.

Debit accounts, if compromised, put you at a greater risk of losing money, as unauthorized users can easily withdraw funds. On the other hand, credit cards offer increased fraud and liability protection, along with chargeback options, making them a safer choice for online shopping. Ideally, opt for payment platforms like Apple Pay or Google Pay, […]

Biometrics: Which popular phone has the best security?

Biometrics have come a very long way since the original smartphones. As a welcome alternative to constantly typing in your PIN or password every time you want to unlock the phone, biometrics are both convenient and secure. So how do the newest phones handle biometric security? Let’s compare a few to see how each stacks […]

Know how savvy cybercriminals think

Skilled cybercriminals who get a hold of your credit or debit card information typically won’t start making large charges right away. If they did, you or your bank would catch them quickly. Instead, they’ll begin with small purchases and work their way up into larger transactions. This makes them harder to detect. It’s vital to […]

Go over your credit card statements periodically to check for unusual activity

There are several reasons you’d want to stay aware of what happens with your credit card. You don’t want unwanted recurring charges draining your bank account — maybe you stopped using a particular streaming service months ago and are still being charged for it. You’ll also want to stay on top of your credit statements […]