Internet Banking Software is provided by your financial institution to enable you to use online banking services. The banks have specialty systems and regulations that are strictly enforced when it comes to security and information processing. Your information is protected through out the entire online banking process from your computer through the bank’s own systems and back.
Equipment required for Internet Banking Software to work:
- You must have a Macintosh or IBM compatible computer
- You will also need a modem
- Internet access
- A version browser. The browsers recommended include Netscape navigator 4.08, Netscape communicator 4.7, Microsoft Internet Explorer 4.01 or newer.
To activate the service:
- Apply at your branch
- Choose a personal PIN number
- Activation takes up to 10 business days
How transaction are kept secure:
- Need account number, SSN and password to log on
- Passwords can be changed online anytime
- Technology – banks have a Secure Socket Layer protocol for transferring data
- Data protection in 3 different ways, authentication, encryption and data integrity
- Automatic sign off after 15 – 20 minutes if no keys pressed
- Information given to consumer to ensure privacy
It is the banks responsibility to keep your information private but as consumers, we must also do everything we can to make sure our privacy is not compromised. Internet Banking Software is a great use of technology that makes life a little less stressful. You will find banking much more fun to do, and you will love the control over your time it affords.
