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The role of online banking in the development of financial institutions.

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Hello,
The given padlet explains the role of e-banking in the improvement of the performance of the banks. There are 3 videos, 3 images and 3 websites in support of the given statement. Also, you will come to know the various reasons internet banking is a good idea to use in today's world and how this advancement helps the financial associations to develop.

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Online banking is an easy and convenient way to complete everyday banking tasks for an individual. It saves both time and money. It helps to check the balances, verify the transactions, view loan, and other account details, and so on. It also helps to track the cash flow and manage your accounts.
The best thing about internet banking is that you can monitor your account activity from anywhere in the world, at anytime as long as you have the internet access.

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Wells Fargo financial expert Barbara Shaw provides an overview of online banking. To view over 15,000 other how-to, DIY, and advice videos on any topic, visit http://www.monkeysee.com/

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The major benefits of online banking are saving the time and money. It helps you to do anything such as check your balance, transfer money online, pay your bills, etc. One can also eliminate late fees when you already have auto-pay set. Moreover, transfers can be made when you have the balance lower than the required amount.
The most amazing thing that I learned is that you can set auto-pay for your bills once you have everything set up for the first time.

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Video 3: Information Security Tips for using Internet Banking

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Video 3: Information Security Tips for using Internet Banking

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The main purpose of this video is that the person can manage his accounts online in a secured manner. In this video, they have shown the working of online banking. To keep the account secure, there is a requirement of security code or questions when you try to login your bank account on the internet. Some ways to keep your account secure are to keep track of your finances and must log out every-time you use the financial web portal.
The best way to keep your account secure is to keep your login ID and password to yourself and access the account from a secured place and computer.

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Information Security Tips for using Internet Banking

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Online banking as per this website is just one click away. It is the most convenient way of banking. An individual can perform both business as well as personal online banking. They can also e-transfer the money for paying various bills as well as to pay your friend, landlord, etc. The accounts can also have nicknames of your choice. A person can also get message alerts about the transactions or any activity happening in their accounts. One can keep their account secure with the help of the codes and security questions.

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In this website, it has been shown that the e-banking has improved the use of financial institutions s it has made the banking lot easier. It manages the transactions, access to the accounts, make bill payments, open new account, apply for a loan or greater credit limit, schedule regular payments such as the rent, phone bill, etc. This is beneficial as you can have access to your bank details from anywhere in the world with the internet.

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This website is for personal online banking which needs a login ID and your personal access code. This site has various security features such as the personal access code which is a number only the person whose account it is, has the access to. This banking helps the individual to deposit anywhere in the world, sends various alerts for the deposit and withdrawal of the money. Moreover, it has a mobile application which is accessible to all the users as everyone today has a smartphone.

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Prairie Centre Credit Union - Online Banking

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For MemberDirect ® online service assistance, please contact your local Prairie Centre Credit Union branch. For branch contact information and hours of operation, please click here.

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The Bank of Montreal has the mobile application which is accessible 24 hours. This can help to request any information regarding your bank details.

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This is the picture of the online banking site for the Royal Bank of Canada. The online banking has helped in the increase of customers of this bank as this online feature saves time as well as money for the customers.

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Scotia Bank is the bank used by most of the students nowadays. It is very easily accessible as it provides internet banking as well as the mobile banking app. It helps to manage the accounts.

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This is the word document with the reflective discussion questions along with the answers.