Korea’s internet banking services continued to grow in last year, with the number of users and daily transactions climbing to record highs, data from the central bank showed Wednesday.The number of internet and mobile banking users came to about 159.2 million as of the end of 2019, up 8.6 percent from a year before, according to the data from the Bank of Korea.The figure is the simple sum of all registered users at 18 internet and mobile banking service providers in the country, meaning that the same person may have been counted multiple times, according to the central bank.Such an increase was largely attributed to a sharp rise in the number of mobile banking users, which jumped 15.5 percent to over 120 million over the cited period.The daily use of online banking services also grew at a fast clip with the average number of daily transactions spiking 19 percent on year to 12.3 million.The daily average of the amount moved via internet and mobile banking services came to 48.8 … [Read more...] about Internet banking growth continued in 2019
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State-owned Punjab National bank on Wednesday said all nation-wide branches of United Bank of India and Oriental Bank of Commerce have started functioning as PNB branches. The amalgamation of Punjab National Bank, United Bank of India and Oriental Bank of Commerce has come into effect from April 1, 2020. The merger will create the second largest nationalized bank of the country both in terms of business and branch network. The synergy from the amalgamation will create a globally competitive, next generation bank, PNB 2.0, the bank said in a release and added that all customers, including depositors, will be treated as PNB customers. PNB 2.0 will be offering specified inter-operable services through all branches and all platforms including Mobile and Internet Banking, it added. The amalgamated bank will have a wider geographical reach through 11,000 plus branches, more than 13,000 ATMs, one lakh employees and a business mix of over Rs 18 lakh crore. "The bigger geographical footprint … [Read more...] about All branches of Oriental Bank of Commerce, United Bank of India start functioning as PNB branches
Hanoi (VNS/VNA) - Banks have warned customers about fraud during the COVID-19 pandemic, advising them not to open suspicious emails or click on dubious links sent as email attachments related to the pandemic. According to Nam A Bank, as concern over the COVID-19 outbreak grows, information on the virus and measures to stay free of the disease have been sent to bank customers frequently by email, text message or on social media. Scammers have taken advantage of these activities to deliver malicious emails to customers or use phishing emails to harvest their personal data. These kinds of malicious emails and text messages feature subjects and content related to the disease, asking users to click on attached links. On clicking the link or opening the email or message, the user’s system could get infected with malware and have its data stolen, the bank said in a warning to its customers. In other cases, hackers can steal money by asking users to provide e-banking … [Read more...] about Bank customers warned of fraud amid COVID-19 pandemic
Let’s talk about the weather These weather apps will help you decide if you should pack your umbrella There are so many weather apps on the Google Play Store that it can be extremely tough finding the best one. But that's also the best part about having so many options as there is likely a weather app that is perfect for you and we have found the best to choose from. … [Read more...] about Do you care about Android weather apps?
— AZEALIABANKS (@AZEALIABANKS) April 13, 2016 Banks did really promote Square’s Cash app — a micropayments system like Venmo or PayPal — last March, but Dorsey’s #Promo4Promo has yet to materialize. Representatives for both Square and Twitter responded to queries from Re/Code with cheeky GIFs related to magic which, for your sake, I will refrain from embedding here. … [Read more...] about Azealia Banks: Jack Dorsey Sent Me Beard Shavings for Supernatural Protection
Essential businesses during the stay at home orders Post offices Banks Gas stations Pharmacies Grocery stores Laundry services Is the post office open? The post office will stay open and postal services, including private companies like UPS and FedEx, will remain operational during the stay-at-home orders as they are deemed essential. … [Read more...] about Is the Post Office Open? Are Banks Open? The Essential Businesses Open During Stay at Home Coronavirus Orders