It's also worth mentioning that online banking
used to be limited to banks that operated exclusively online.
Through the improved listing of the Online Banking
services, customers will be able to view all their account statements, financing details, accounts and credit card as well as prepaid card transactions, add beneficiaries, review history of all their online banking
transactions at a glance and make their card payments in real-time.
For example, 49 percent of banks that have suffered a DDoS attack have had their public website affected (compared to 41 percent of non-financial institutions) and 48 percent have had their online banking
affected when they've been targeted by DDoS.
Martin Leong, Commercial Bank AGM, Retail & Consumer Banking said: "Understanding the needs of our customers and helping them achieve their financial needs is one of Commercial Bank`s core values, which is why the Online Banking
experience is as important as serving our customer face-to-face.
Improved security is therefore a duty for banks, but also an opportunity and banks which have secured their platform and have been able to develop new online banking
services such as online loans, online contract subscriptions, insurances, etc...
A spokeswoman for the $55 billion Navy Federal Credit Union in Vienna, Va., said she believes it's possible that the financial institution's mobile usage could surpass online banking
This makes a mockery of online banking
, and the trust for the public has to be questionable.
More online banking
threats were seen in different countries this quarter, specifically in Brazil, South Korea, India and Japan.
The clearest advantage of online banking
to the public is convenience, he said and added that being able to manage your finances from your home, office or wherever you may be, if your bank offers a good portable device banking platform.
As a matter of fact, more people have opened their account in those banks, which offer online banking
that's why numbers of online transactions have also increased tremendously in recent months.
The awards follow from the successful revamp of the Emirates NBD online banking
system that offers e-banking customers greater look and feel as well as greater security to its Internet banking platform, in addition to value-added benefits as a result of improved technology.
adults, conducted August 12-14, 2011 by Ipsos Public Affairs, an independent market research firm, revealed that the popularity of online banking
among customers age 55 and up has surged since last year.