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Online Banking
Term | Definition |
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Account Transfer | making an online transfer of money; for example, from a savings account to a checking account |
Fraud | when a criminal uses trickery to convince someone to give up valuable information or items of value |
Identity Theft | when a criminal opens a credit card with another person’s name and Social Security number |
Online Banking | using the Internet and a bank’s Web site to keep track of bank accounts, move money from one account to another, and pay bills |
Password | secret word used, with the username, to access online banking |
Personal Information | important identifying data that lets your online bank know you are who you say you are |
Phishing | a criminal scheme to scare or trick victims into divulging personal information |
Username | account name used to access online banking |