5 Mobile Banking Security Tips

by Erica Barry 16. February 2012

1st Mariner Bank Mobile BankingIt wasn't that long ago when the only way to deposit, transfer or withdraw money was to physically visit your local bank branch or ATM. Today, thanks to the wonderful world of technology, consumers have a full suite of options to choose from when conducting their financial transactions.

With online and mobile banking on the rise, it's only natural that security be on the minds of both financial institutions and customers.

So what's the deal? Is mobile banking a secure way to bank? In sort - yes. 1st Mariner's Mobile Banking solution offers the full encryption and security suite that is utilized for our traditional (desktop) online banking platform. However, as with most things, as technology gets more advanced you can never be too safe.

There are certain precautions customers should keep in mind when opting to go mobile.

1. Download the official app from your bank's website.

It's only natural to go to the iTunes store or Android Market when you are looking to get a new app. However, non-reputable people are putting apps out there everyday, for the purpose of phishing consumer information. It's always better to start with your bank's website to make sure you aren't being scammed.

2. Don't send personal information via SMS (text messaging).

Regardless of the situation, never EVER send personal information, (PIN, account numbers, social security number, passwords, etc.) via SMS. SMS is not encrypted, so your bank will not send personal information via SMS, and you could leave yourself vulnerable to phishing if you send sensitive information through this medium.

3. Avoid conducting your banking needs on public networks.

While enjoying your coffee at the local coffee shop might sound like a good time to check your account balances,you might want to think again. Most public Wi-Fi networks are not secure so always be sure to switch to a secure network (i.e. your phone's 3G or 4G data plan) before logging into your account information.

4. Take advantage of your phone's security features.

Perhaps the biggest risk associated with mobile banking is the risk of losing your phone. Almost all smart phones offer some sort of security feature that is built into the phone itself. From screen locking mechanisms to GPS locating apps (i.e. Where's my Droid or Find My iPhone), your phone offers several different ways to prevent your personal information from getting into the wrong hands. As new phones hit the market, the security features will continue to become more and more advanced (i.e., facial and fingerprint recognition).

5. Take advantage of your bank's mobile banking security offerings.

If you are considering a mobile banking app, look for one where data can be wiped from your cell phone, if you lose it. With 1st Mariner's mobile banking, users can access their account from their desktop and shut down access through their mobile phones and thus eliminate the risk of fraud.

Still not sure if you are comfortable taking your banking mobile? That's okay - we commend you for being overcautious when it comes to your finances. We are too! That's why we're here to walk you through the ins and outs of our mobile banking services and answer any questions that you have. You'll see for yourself just how secure mobile banking really is.

Answer our Facebook Question of the Week.

Are you using a mobile banking solution? How so? Feel free to leave some commentary on our wall as to why or why not.

 

If you found this article helpful, be sure to check out these related articles:

Top Three Myths About Online Banking Revealed

It's 11:00 p.m. Do You Know Where Your Money Is?

I'll Take "What is Check Fraud" for 500, Alex

A Holiday Video Message from 1st Mariner Bank

by Erica Barry 20. December 2011

Happy Holidays from your 1st Mariner Bank family...

Every month we send out the 1st Mariner Bank eNewsletter that is aimed to keep you updated on 1st Mariner happenings. From information on our new and current products, to financial tips and advice from local experts, the 1st Mariner Exchange is just another way to keep you informed and equipped in your financial journey.

Not to mention, you get to help us avoid chopping down several trees in the process.

With the rush of the holiday season, the last thing we thought you’d have time to do is read another email. We thought, today, let’s 86 our traditional monthly eNewsletter and have a little fun for the holidays. (If you’d like to sign up for our eNewsletter, click here)

Over the past week, we went around and asked some of your favorite 1st Mariners a few questions about how they spend the holidays, their holiday likes and dislikes, and some fun holiday trivia. I mean, naming the reindeer is something everyone can do….right? Or not.

Wanna see how they did?

It’s a short, funny three-minute video holiday card that we hope you’ll enjoy as much as we do.

We’d like to sincerely thank you for affording us the privilege and opportunity to serve you.  Here’s to wishing you and your family a very happy and safe holiday season!

5 Things We're Thankful For This Holiday Season

by Erica Barry 22. November 2011

1st Mariner Bank Thank YouIt’s that time of year again. The time where friends and family come together to celebrate the many things they are thankful for in their lives.

Here at 1st Mariner Bank, we consider our customers to be a part of our family and hope that you feel the same. With that being said, we thought we’d share a few things that we’re thankful for this holiday season.

We’re thankful to serve the Baltimore community.

For the past 16 years, we’ve had the privilege of serving what we consider the “greatest city in America”. From Canton to Dundalk, to Towson to Glen Burnie, the neighborhoods and sense of community that make up our hometown truly makes the city of Baltimore one of a kind.

We’re thankful for the flexibility that we’re able to provide our Customers.

Being a local, community bank, we’re able to provide flexibility to our customers by making accommodations that big banks may not be able to provide. Have an issue or a concern regarding your banking relationship with us? Pick up the phone and give us a call…we’re sure there is something we can do.

We’re thankful for the 24/7 service that Online Banking and Mobile Money provides our Customers.

Whether you’re sitting at home on the computer, or enjoying your first pumpkin spiced latte in Canton square, we’re proud to offer our customers numerous convenient ways to monitor and access their money.

We’re thankful to offer a Personal Financial Management tool (Mariner360) to help our Customers meet their financial goals.

Do you have a financial goal? Mariner360 lets you personalize your goals, set alerts, and really drill-down on where you’re actually spending your money. Not to mention it aggregates all of your accounts…even accounts that aren’t with 1st Mariner.

And last, but certainly not least, we’re thankful for our Customers.

Without you we’d be nothing. Without you there wouldn’t be a 1st Mariner Bank. Everyday we are blown away by your continued loyalty and support. Over the years we’ve developed many personal, meaningful relationships that we hold very closely to our hearts.

We’d like to sincerely thank you for affording us the privilege and opportunity to serve you.

Here’s to wishing you and your family a Happy Holiday Season!



© 2008- 1st Mariner Bank