Assignment 2 by

Welcome

janicemariepottingerpottinger — 2023-10-12 21:20:03 UTC

Banking online has become common pleas in today's society. This assignment will further enhance your knowledge on some of the accessibilities and advantages of using online banking.

Video#1

janicemariepottingerpottinger — 2023-10-12 23:05:05 UTC

Summary:

Customers of banks and other financial institutions may utilize an electronic banking alternative known as online banking, often known as internet banking or e-banking. Customers may use this service to monitor the status of their accounts and conduct a variety of financial operations online. Customers and business owners find it more convenient and secure since it removes the need for them to visit a branch to access and manage their banking accounts. Users may use the web platform to see their account balances, transaction history, and statements.
The set-up of an automated payment system is a good technique to keep control over bill payments.

Why did I choose this video?

The YouTube video that was chosen provided a significant quantity of information on internet banking. The video offers a perfect starting point for discussing several methods to improve your online banking knowledge. This is clear by the fact that they make use of both visual and audio aids, which greatly improve subject understanding.

Video #2

janicemariepottingerpottinger — 2023-10-12 23:54:50 UTC

The benefits of using online banking.

Summary:

Online banking offers a wider range of financial services, such as investment accounts, credit cards, and loans. Due to how straightforward using internet banking is, this is possible. If you conduct your banking online, you may be able to eliminate monthly printed statements, check orders, and other in-branch services, or at the very least significantly reduce your expenses.
By utilizing several online banking applications that allow you to remotely deposit checks by taking images of the check with your smartphone, consumers might be able to do away with statement paper and checks. All of this means that doing banking transactions online from the comfort of one's home using a computer or a smartphone may eliminate the need to visit the bank.

Why did I chose this video?

The reason this video stood out to me ,was the clear examples of some of the benefits available to those that might use online banking.and the convenience of not going into a branch.

Video 3#

janicemariepottingerpottinger — 2023-10-13 00:54:58 UTC

Summery:

This video provides an overview of the procedures involved in online banking as well as a few precautions you can take to protect the safety of your online financial transactions. The following is a list of some of the practices that they implement to guarantee the safety of your online banking transactions: You should never give information to a website, email, or SMS unless the email or website is your bank-secured website; you shouldn't use any other website that isn't your bank or financial institution; and you should only register your own phone for your online banking and use a secure internet network to access your online banking.

Why did I choose this video?

This video is helpful for people who may not be familiar with using online banking, and it is also helpful for people who may experience anxiety about using online banking due to the possibility that their information could be stolen. Both groups of people can benefit from watching this video.

Video #4

janicemariepottingerpottinger — 2023-10-13 21:32:28 UTC

If you are seeking the best online bank
accounts, this video will assist you in determining which one is the best option for meeting the needs that are unique to your situation. This video provides a comparison of the top four online banking choices that are accessible to customers at the current time. These kinds of financial institutions do not make use of actual branch locations; rather, they rely on highly effective mobile and internet-based systems. They do not have excessively high costs, and they ensure that their clients are protected by insurance for the services they get from them.

Why did I chose this video?

This video provides an explanation of the most suitable online bank account based on individual requirements. This video undertakes an examination and analysis of the four most prominent online banking services. These financial institutions operate without physical branches, opting instead on advanced mobile and internet technologies as their primary means of doing business. The services provided by the company are cost-effective and provide a high level of security.

Website #1

janicemariepottingerpottinger — 2023-10-14 15:58:11 UTC

summary:

This article dives into the topic of online banking and the registration process that goes along with it, showing how users can quickly and simply get access to their accounts and conduct a variety of financial activities from the comfort of their own homes. The page teaches how to utilize various online banking functions, such as bill payments, account transfers, and more. This study examines how simple it is to do banking transactions online using both desktop computers and mobile devices (smartphones, tablets, and so on). It also illustrates why Internet transactions are less expensive than those made in a bank branch or using an automated teller machine; knowing why this is the case is critical. Benefits of utilizing internet banking include the ability to monitor their accounts and transactions in real time, eliminating the need for a monthly report.

Why did I chose this?

I chose this article because it provided clear knowledge of how to set up and access your accounts online, and the website is a reliable Canada.ca website. In addition, the article was very easy to read.

Website#2

janicemariepottingerpottinger — 2023-10-14 17:05:19 UTC

Summary

Scotiabank is the source for this article's content.That displays how simple and quick it is to handle your financial matters. Learn about options that might make PC-based banking less of a chore.Pay someone in another country. This method of sending money is quick, safe, and simple. Scotia International Money Transfer1 and Western Union Money Transfers are two convenient options for sending money abroad to loved ones quickly and easily. Interac e-Transfer allows you to electronically transfer, receive, and request funds from family and friends. Money transfers to Canadian bank accounts may be made from the convenience of your own home computer, mobile device, or tablet.Your regular income (wages or pension) may be direct-deposited into a bank account on a regular basis. Alerts sent straight to your phone if anything major happens with your account.

What I chose this website?

PC-based banking from Scotiabank makes financial management easy. For sending money overseas with Scotia International Money Transfer or Western Union Money Transfer. Your income may be placed immediately your into a bank account or sent electronically via Interac e-Transfer. Scotiabank notifications for any account issue.

website#3

janicemariepottingerpottinger — 2023-10-14 17:53:44 UTC

Summary

In 2011, 62% of Americans preferred internet banking. Online banks offer paying interest checking and savings accounts. The website provides regular banking by debit card. Internet banking streamlines account and client transfers. Auto, personal, and house loans are all available from certain internet banks.Because of fewer operating expenses, online financiers may charge less. Most internet banks do not charge fees because of their low operating expenses. There is no minimum cash deposit required for online-only checking accounts. Several e-banking services provide free American abms. Monthly statements contain banking costs.Internet deposits, savings, CDs, and money-market accounts tend to provide higher interest rates.

Why did I choose this?

This website showed a percentage of Americans that are currently using online banking for most of there Financial needs why remaining safe and vigilant when online banking.

Website 4#

janicemariepottingerpottinger — 2023-10-14 18:16:50 UTC

summary:

When engaging in conversation regarding online banking, the term "feature" refers to a discrete capability or functionality that can be acquired through an electronic banking platform. As a result of these attributes, individuals possess the capability to engage in a wide array of financial transactions with heightened levels of security and convenience. Online banking institutions commonly provide account access, allowing users to conveniently monitor their account balances, examine their payment histories, and obtain their account statements. Another important characteristic involves the ability to facilitate financial transfers, including both transactions within an account and transactions between accounts involving external entities. The incorporation of additional functionalities such as smartphone banking, bank alerts, and bill payment has the capacity to enhance the overall user experience. Customers possess the capability to conveniently access their bank accounts through online platforms, enabling the simplification of routine activities and granting them increased independence in the administration of their financial affairs.

why did I chose this website?

This website is great for people who are just starting out with online banking because it talks about the benefits and features of it and gives helpful tips on how to use it. This site is a great resource for people who are just starting out with online banking.

Photos#1

janicemariepottingerpottinger — 2023-10-14 18:45:50 UTC

This photograph depicts a man sitting cozily on a sofa while simultaneously accessing his online banking account.

Why did I choose this?:
The picture demonstrates that you are able to sign in from the convenience of your own home.

Photo#2

janicemariepottingerpottinger — 2023-10-14 19:06:04 UTC

Using your mobile device, such as a smartphone, to carry out financial transactions in real time.

Why did I choose this?:
Using your smartphone to verify and conform transactions.

Photo#4

janicemariepottingerpottinger — 2023-10-14 19:15:34 UTC

When conducting your banking requirements, it's convenient to use a computer, smartphone, or other mobile device to access your banking information.

Why did I choose this?:

It provides an easy method to access your account from other dives.

photo #3

janicemariepottingerpottinger — 2023-10-14 19:20:02 UTC

This photo shows a individual checking their online banking, with out going into a banking branch.

Convenience: Accessible 24/7 from anywhere.
Time-Saving: No waiting in lines or limited hours.
Paperless: Reduces paper clutter.
Transparency: Real-time account tracking.
Bill Payments: Efficient and timely.
Mobile Banking: Convenient on-the-go access.
Security: Strong online transaction protection.
Cost Savings: Fewer fees for certain services.
Remote Check Deposit: Easy via mobile apps.
Access to Services: Access other financial services.

Why I choose this?

It gives a detailed summary of what's available when it comes to online banking remotely.

reflection

janicemariepottingerpottinger — 2023-10-14 20:30:31 UTC

1: provide a real-life example of how this topic is relevant or intereting

When I think back on the assignment that dealt with online banking, I realize that it helped me have a better knowledge of how to utilize online banking, which contributed to a greater fluidity and ease in utilizing online banking.

2: if you could pass on your knowledge to a family member or friend, what do you think is the most important thing to pass on?

The most crucial message to convey regarding the use of online banking is the need for security awareness, highlighting the importance of strong password procedures, secure surfing habits, and attentiveness in checking your account(s) for any unwanted activity.

3: what did you learn about your topic that surprised you the most:

This assignment help me to reflecting on the safety of online banking and password safety and the importances of changing your password to prevent, internet hackers from compromising your online banking account.