Current updates on Online Banking
The number of online banking users has grown significantly in the past year reaching a new record. Since the beginning of this kind of service, 12 years ago, more than half of the internet users have come to use it. Only in the first half of last year approximately 22 million people have checked their main account online, while the number of people that are making banking transactions like payments or transferring money over the phone decreased to 14.5 million.
The UK Payments Administration research shows that the most often operations that people make online are checking balances and statements. This means that people are more and more interested in keeping a close eye on their finances.
Even if this is a much faster and convenient way to administrate your bank account there are some risks attached to it. This is why, as more of us use online banking, we have to make sure to keep our Passwords and Pins secure so that any fraud attempt is prevented.
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