In the continuing evolution of the banking industry, consumers are replacing some functions of online banking and ATM's with mobile banking applications. Mobile banking provides the ability to obtain account information and to complete certain financial transactions using a cellular connected device. With an increasing number of institutions providing banking apps, mobile phones and tablet PC's are being transformed into portable banking centers.
There is a variety of common services provided through mobile banking, including:
* Transfer of Funds.
* Accessing current account balances and/or historical account information.
* Identification of branch and ATM locations.
* Secure bill payments via pre established payment protocols.
* Verification of transactions.
* Important alerts such as overdrafts, questionable activities, and promotions.
Security
Some concerns for those considering banking through mobile are the security of the connection and personal account information. Since mobile banking is implemented on a wide variety of platforms across numerous devices, it is difficult to compromise security on an individual basis. It is also worth noting that current limitations on the type of transactions available with mobile banking nearly eliminate the chances for a malicious attack.
Now your wallet and your bank can fit in your pocket. With mobile banking, keep up with your money on the go. Our mobile app lets you stay in control all across the globe, with access to all your accounts right at your fingertips.
Mobile Banking offers the same layered standard security features and protection that are applied to Online Banking service including: