By TJ McCue
If you think that online or mobile banking is limited to the younger generation, you would be wrong. According to research from Jumio, 76 percent of Baby Boomers bank online where Millenials are only one percent more at 77 percent. The reality: All generations bank online. And all generations need greater security awareness, so here are a few tips from a variety of experts:
By Ishaan Gera
Must-do’s to avoid data theft while doing banking transactions through mobile phones. Cash may still be a preferred mode, but amidst online transactions, mobile modes are gaining currency. UPI just announced that it hit a billion in transactional volume. Although NEFT transactions still command a higher share in terms of value, mobile banking has made it easier for people to transact without the hassles of logging into an account and dealing with websites.
