They have become a part of modern life, smartphones, iPads and Androids. That’s why many financial institutions offer banking using those tools.
Ken Newman with Central Pacific Bank said, "Basically, doing banking from your mobile device. So things that you might have traditionally gone to a bank branch to do or done on your computer at home, now you can do on a smart phone or a tablet from practically anywhere."
Using a smart phone or tablet to conduct bank business is perfectly safe, but you have to be certain where the application your using came from.
"Some of them are actually browser-based so you use the native browser on the smart phone or the tablet and some of them are actually apps that have been specifically designed to take advantage of the mobile interface and provide better services," said Newman.
Just a friendly reminder – use the app the bank offers or an app that has a good reputation.
"Being careful about the apps that they download and really making sure they’re vetted and reviewed before they just indiscriminately store an app on their phone. It should always come from the app store. It should be something they know about, they’ve read the reviews on and they know exactly what they’re getting," said Newman.
Doing your banking on line or with a smart phone should be effortless. Again, be certain about the app your using to get the job done and use passwords or passcodes with your phone or tablet. There is a word of caution too about using those wi-fi hotspots.
"And then finally, there’s exposed wireless networks because many smart phones especially are geared to automatically connect to a wifi network if they don’t have a strong cellular network available. So somebody could be doing their banking over an unsecured wireless network without even realizing it," said Newman.
See the original article at: KHON2 Local News
