Top Five Tips for Mobile Banking

June 4, 2013

In our tech-savvy world, everything is readily accessible and convenient…even banking. Gone are the days of waiting in line at the bank or even waiting for your computer to boot up.

Now, you can access your bank account from anywhere in the world via your smart phone or tablet. But consumers need to be more cautious than ever when banking through any device, as hackers can prey on the unsuspecting.

The FINRA Investor Education Foundation, part of the Financial Industry Regulatory Authority, offers these five tips on how to keep your identity safe and your money in the bank:

Password-protect your phone or tablet so that only you can access the information on your device. This will help protect you if your phone or tablet is ever lost or stolen.

Never provide personal information unless you initiate contact with your bank or other financial institution. Financial institutions should not request account numbers, Social Security numbers or other sensitive information through email or text messages. If you’re not sure about a request, contact your bank by calling the number on the back of your debit or credit card.

Don’t stay “auto-logged in” to your accounts. Even though it’s convenience, it increases the risk that an unauthorized user will access your accounts.

Delete old texts from your bank to reduce your exposure to fraud.

Report lost or stolen devices immediately to your wireless provider and financial institutions.

Read more from FINRA about how to protect your money. For more tips you can trust, visit bbb.org and for the latest, follow us on Facebook and Twitter.

For more information or further inquiries, contact the Wisconsin BBB at www.wisconsin.bbb.org or 414-847-6000 (metro Milwaukee), 920-734-4352 (Appleton), 608-268-2221 (Madison) or 1-800-273-1002 (elsewhere in Wisconsin). Consumers also can find more information about how to protect themselves from scams by following the Wisconsin BBB on Twitter, Facebook and YouTube.

Community Watch

» Initial Reaction Podcast: A look ahead to US Open 2017, look back at Champions Tour event in Madison Updated:  6/29

» Seventh-inning rally sparks Wauwatosa East over West, 5-4 6/29

» Tosa police investigating armed robbery at North Shore Bank Wednesday 6/29

» Wauwatosa East baseball team stays hot 6/29

» Wauwatosa East's Bueckers nabs all-state honors for girls soccer 6/29

» Wauwatosa West baseball snaps skid with wins over Eisenhower 6/29

» Irish Fest gears up for week of classes at Tosa's CelticMKE Center 6/28

» Tosa Skateboarders United hosts first event since opening of new park 6/28

» Friends of Center Street Park will launch new barbecue event July 3 6/28

» Long-tenured sports writer Sky Skibosh heads into retirement, sort of 6/26

» Family, friends of man killed by Wauwatosa officer want answers 6/25

» Tosa man with gun trove to plead guilty of illegal dealing 6/24

» Wauwatosa endorses bus rapid transit route, more approvals needed Updated:  6/23

» Video: Tosa Top 5: Five things you need to know about in Wauwatosa this week 6/23

» Wauwatosa officer fatally shoots man at Madison Park 6/23

» Wauwatosa Public Library announces list of summer events 6/22

» Blood drives scheduled for Milwaukee County during month of July 6/22

» Two lanes on Wauwatosa's Harmonee Bridge to close Thursday 6/22

» Milwaukee Co. Zoo welcomes baby harbor seal, bonobo 6/22

» Teens accused of trying to rob Tosa resident with BB gun Updated:  6/22

» Hidden Tosa: Inside the Wauwatosa Police Department 6/22

» Offense holding back Wauwatosa West baseball team 6/21

» Wauwatosa East baseball wins four conference games 6/21

» Former Wauwatosa West star Austin Jones drafted by Chicago Cubs in 26th round 6/21

» East Tosa Gran Prix returns to Wauwatosa June 26 6/21

View All Posts Got a tip? Welcome rss

Best Summer Ever

 

We've made it easy for you to get out and go this summer. From hitting the trails for a bike ride or walk, to where to find beer gardens in the area, to the best places to swim in Waukesha County to the best summer drinks and summer reads, check out our 2016 summer guide.

Advertisement

Advertisement

Hidden Tosa

 

"Hidden Tosa" is a semi-regular feature where our Wauwatosa reporter explores the closed down and closed off parts of Wauwatosa.

Advertisement

CONNECT