Online and Mobile Banking

2020.10.06 9:31 am - 10:14 am

Teaching point: How do we protect our checking account while using online and mobile banking ?

Do Now - Check in


2020.10.05 Do Now (Responses)

Agenda

Do now: Check in (5 min)

Data Crunch: How do people use online and mobile banking?(10 Minutes)

Online Bill Pay: What is it and why should you use it? (10 minutes)

Interactive Activity: Navigate your bank account (20 minutes)

Data Crunch: How do people use online and mobile banking?

Analyze the data and answer the questions on this worksheet to complete the Data Crunch.

What banking activity do most consumers use mobile banking for?

What banking activity do most consumers use online banking for?

Look at the top 3 banking activities done via mobile banking vs. online banking. What characteristics do you notice for both?

Hypothesize why nearly an equal number of consumers use mobile and online banking to pay bills.

How do you think this data would look if it only looked at how GenZ uses mobile and online banking? Why?

Online Bill Pay: What It Is and Why You Should Use It

2020.10.06 Online Bill Pay

In the previous resource, you saw that many people are utilizing online and mobile banking with their checking accounts. They love the convenience and time-saving features of online banking, including the ability to do all of your bill pay online, even as recurring payments so you don’t have to remember the bills yourself.

Interactive Activity: Navigate your bank account.

Whether you have your own bank account already or not, it’s good to practice utilizing all the features you’ve learned about, including direct deposit, online bill pay, setting up alerts, reading your statement, etc. Complete this activity on navigating an online bank account.