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In this era of digitization, online banking services have proved to be a huge benefit in better functioning of routine financial interactions. But along with the ease of using internet banking, there comes a couple of very high risks.

In this era of digitization, online banking services have proved to be a huge benefit in better functioning of routine financial interactions. But along with the ease of using internet banking, there comes a couple of very high risks; which of course can be avoided by following a few cautionary steps. Read on to know what are the very important factors to be kept in mind before you opt for an internet banking software solution:

  • Using a strong password for your online banking system is a must. Use different combinations of characters (if allowed), and make sure to store the password somewhere secure (online or offline-as in a notebook) so as to remember it.

  • Go for software or applications which provide you with two-factor authentication; generally consisting of separate login and transaction passwords. The transaction passwords last for just a couple of minutes, and are renewed every time you make a transaction.

  • Make sure that firewall is turned on and there is at least one running anti-virus software before any kind of internet banking. They protect your financial data from being accessed by unauthorized sources and other malware.

  • When you access your bank online from remote locations it’s helpful to set up a VPN (Virtual Private Network) so that it is an encrypted connection to your home or work network and access your bank from there.

  • Log-out after every transaction and monitor your account regularly to be on the safe side. Contact your software providers immediately if you ever detect any kind of suspicious activity on your account.

FINACUS software solutions bring you FinINET, an online banking service that is completely designed for a modern banking world. Encrypted with 128-bit, FinINET provides you with a completely reliable and safe banking service. We engage Firewalls and Filtering routers, along with dual authentication, to give a secure real-time banking access to customers. FinINET complies to international standards of internet banking and is flexible for smartphones and other devices. Make the smart move today and trust us to make your online banking experience worthwhile!


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Shama Rathod
Date Registered: Wed, Apr 19, 2017
Last Time Online: Mon, Jun 18, 2018
So far has created 40 entries.
shama_789
I am an SEO strategist with more than 1 yr of experience in developing on page and off page SEO strategies. Being in an digital media industry which is constantly evolving requires an on-going search for new ideas and keeping updated with the latest happenings. I follow some of the big industry players from MOZ, Search Engine Land and other businesses/companies that are dedicated to provide better information every time.

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