Ally Bank reports that online banking is safe with advanced security, using trusted sites and enabling multi-factor authentication to protect accounts.
David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...
In today’s digital age, banking online has become the default choice for many. A 2022 report from Morning Consult found that 52% of Americans do most of their banking online. It’s not surprising that ...
Your bank’s mobile app is helpful and convenient, but unfortunately, it can also offer hackers access points to your most private and sensitive information — on your device, during data transfer and ...
Without the overhead of maintaining brick-and-mortar branches, online banks tend to offer lower rates on loans, higher yields on savings and fewer fees all around. However, is it safe to take your ...
When you bank online, you trust that your account is safe from hackers. Even so, online accounts can seem to consumers like easy targets: Instead of robbing a bank, a criminal could simply whisk away ...
We're nearing the end of 2025, and I have a dear friend who still refuses to use a debit card because she "doesn't trust them." Anything digital gives her the willies, and she flatly refuses to bank ...
According to a study by the American Banking Association, only 9% of people still take care of their banking needs in a ...
As long as you choose an FDIC-insured digital bank, your money is as safe as it would be in a brick-and-mortar bank. Switching to a digital bank means giving up in-person customer service. However, ...