Online banking

7 advantages and disadvantages of online banking

If you are considering switching to an online banking account, such as MoneyLion, there are several factors that should be considered beforehand in determining if you are a good candidate. Weigh the following seven pros and cons before committing to switching banks! Advantages More efficient Online banking is definitely more efficient. You no longer have […]

Online banking

How to deal with an online banking outage

If Twitter is a testament to our emotional state, a bank’s website and app suddenly going down is annoying at best — and deeply alarming at worst. Worries about accessing money, paying bills on time and avoiding overdraft fees abound in customer tweets, whether it’s a minor problem or a widespread outage. It seems that […]

Online banking

How to choose an online bank

Finding a good online bank is essential for managing money in the digital age. Online banking can offer all the services of traditional banking, sometimes with even more perks, such as higher interest rates for checking and savings. This does not mean that online banking is perfect or that all online banks are the same. […]

Online banking

Advantages and disadvantages of online banking

As financial technology advanced, traditional banks began to explore the possibility of offering services online. There’s no doubt that online banking can be convenient – every time you turn on your computer or smartphone, your bank is waiting for you – but there are other pros and cons as well. Here’s an overview of some […]

Online banking

Definition of Online Banking

What is online banking? Online banking allows a user to conduct financial transactions through the Internet. Online banking is also known as online banking or online banking. Online banking offers customers almost all of the services traditionally available through a local branch, including online deposits, transfers and bill payments. Virtually all banking institutions have some […]

Online banking

To help increase online banking adoption among seniors, Capital One, Grovo and OATS launch “Ready, Set, Bank: Online Banking Made Easy”

Posted 08-08-16 Proposed by Capital One Financial Corporation To help support the increased use of online banking services among seniors, Capital One Financial Corp. has partnered with Older Adults Technology Services (OATS) – a non-profit organization that helps seniors develop technology skills – and workplace learning innovator Grovo to launch “Ready, Set, Bank: Online Banking […]

Online banking

It’s time to play the online banking revolution

BofIHoldings Inc. is the holding company of Bank of the Internet Federal Bank, a national Internet-based bank headquartered in San Diego, California. As of March 21, 2015, the bank held approximately $5.5 billion in assets. But BofI is not just the bank of the Internet, it is the bank of the future and one of […]