https://padlet.com/donnie_macintyre16/a08fnxonsnj5 Presented by: Donnie MacIntyre, Mark Livingston, and Alec Hartford en-us 2019-03-24 17:05:53 UTC 2025-11-14 08:51:54 UTC hello@padlet.com donnie_macintyre16 https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344580878 Welcome to our Online Banking padlet wall presented by Donnie, Alec, and Mark. Throughout our posts, you can expect to learn about many aspects on this topic such as the main advantages and disadvantages, security concerns, how to protect your accounts, and many facts. ]]> 2019-03-24 17:10:48 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344580878 donnie_macintyre16 https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344581236 This website gives many good points as to what the pros and cons are to online banking. Online banking seems to be heading in the right direction. 72% of new banking accounts created in 2017 were created online. 
The biggest advantage to online banking is that you can basically do anything related to your bank within seconds through your device. Through experience, it is very simple to transfer money to others, pay my bills, and even setting up fixed payments every month. 
A major disadvantage to online banking is the security and identity theft risks. Although the banks aid in keeping it to a minimum, there is still the risk. ]]> 2019-03-24 17:13:53 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344581236 alec_hartford https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344602527 The article from this websites gives interesting view about the future of online banking as well as banking in general. The article says that most finical experts expect banking to be switched to technology based banking. The experts say in about 25 years everyone will be making there transactions online. They also think that it could take even longer than the 25 years estimated; there are still a lot including myself that like getting paid as well as writing checks. Another big change they are expecting in the future is " peer to peer " lending. The experts are expecting it to represent 25% of the lending industry ]]> 2019-03-24 19:54:50 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344602527 alec_hartford https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344604404 The video made below by Canadian Bankers Association is good simple video on ways to protect yourself when banking online. They are simple steps everyone can and should follow when online. In the article below the the video; it also shows you a different and interesting way on how to make passwords for your online banking profile. The video makes the point that i think is smart is that if something doesn't look or seem right contact your bank. It is probably the only best way to deal with a problems. In the video it gives nice visuals to keep you interested. I also found it very interesting that only 68% of Canadians use online banking. I really thought that number would closer to 75/80 percent. ]]> 2019-03-24 20:07:56 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344604404 alec_hartford https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344611693 A video of a man who got scammed by Online banking. After watching the video. Its one of the more sophisticated scams I have seen. The scammers use LinkedIn which I thought was fairly professional and secure. I was surprised that the man is planning on suing the bank. i feel like that is a silly thing to. I don't think there is really any chance of beating the bank in a court of law.  I was also surprised with the fact that there was as much trust between the man and the scammers, but i guess thats good on the scammers.]]> 2019-03-24 20:55:27 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344611693 donnie_macintyre16 https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344615501 The website below gives us five excellent reasons of why we should be switching to online banking and why it is where banking is heading in the future. 
In our opinion, convenience for us as users is a huge plus to online banking. In the website by National Bank, they mention the fact that we now have access to our accounts at any given time, even after office hours. This is really convenient for a lot of us as it can sometimes be difficult to get there due to our own job. 
Another neat and very intelligent most online banks provide us with is that they keep track and record our spending's, then compare it to our income. It's cool to see where our money goes and what section we could be saving some money in. ]]> 2019-03-24 21:24:44 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/344615501 donnie_macintyre16 https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346346488 This video by Fox 35 that is telling us that it isn't a good idea to use someone else's WiFi connection to do our online banking, especially if it is a free WiFi. You never know who can be behind the scenes looking at every move we're making. 
They also informed us that if your connection suddenly becomes slower, it could be due to somebody trying to get into your account as the connection could have switched to whatever they were using. 
All in all, there will be security risks involved with online banking, however there are ways to reduce the possibility. One of which is to use your own WiFi and to protect your account with dual password protection. Doing this will greatly reduce the risk.]]> 2019-03-28 21:13:17 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346346488 donnie_macintyre16 https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346352951 2019-03-28 21:48:59 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346352951 markjr_443 https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346850054 In this website given, there was a large amount of information that would help individuals to understand what online banking is. It also shows and discuses the different ways as to how online banking can be accessed. The website gives basic guidelines and information that'll improve your understanding of certain things that can be done, and cannot be done. 
The reason as to why this website was chosen is because of how it can benefit people and their accounts. With this in mind, the piece of information that was found to be useful is to not click on links and such that may seem suspicious. By doing this, A person is able to protect their account]]> 2019-03-31 04:14:05 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346850054 markjr_443 https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346851811 In this image, you're able to see a thief of some sort trying to crack down a code. In relation to online banking, keeping your financial information to yourself will protect you from thieves accessing your account, as well as your funds. ]]> 2019-03-31 04:48:59 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346851811 markjr_443 https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346852897 As technology continues to improve each and every day, online banking is becoming more convenient for a large amount. According to this graph in 2016, about 70% of users were using online banking. Since we are currently in the year of 2019, this number may have increased as its becoming more and more useful for everyone.]]> 2019-03-31 05:08:33 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346852897 markjr_443 https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346853585 This is an excellent video to watch when it comes to online banking. This video gives people the DO'S and DONT'S. Whether its being emailed by a fake company and such, it is always good to take certain things into consideration, before proceeding. 
The reason as to why this video was chosen is because of the little things that were highlighted in the video. For example, websites. It is more advisable to search the actual website for certain organizations to put yourself in the position to be safe. Another thing to look out for is how the website is secured. if it starts with "https", that means its secured. A piece of information that was useful is changing your passwords regularly. Doing this will decrease the chance of getting scammed, etc.]]> 2019-03-31 05:25:41 UTC https://padlet.com/donnie_macintyre16/a08fnxonsnj5/wish/346853585