No Wires, No Problem. MVFCU’s online banking is configured to fit your mobile device. When you sign in from a smart phone or tablet online banking automatically scales itself to fit your device. You can view your accounts, transfer funds, make a loan payment, pay bills using online bill pay and manage your account alerts ALL FOR FREE.
Mobile Security Tips
Avoid Mobile Banking on Public Networks
Many mobile devices allow you to connect to different types of networks, including public WiFi Networks. You might be tempted to check your balance or make some transfers while you grab a quick drink at a coffee shop. But before you log into your account, make sure you're not connected to the public network.
Public connections aren't very secure -- most places that offer a public WiFi hotspot warn users not to share sensitive information over the network. If you need to access your account information, you may want to switch to another network. If you're using a smartphone or other cellular device, disabling the WiFi and switching to a cellular network is a good solution. You never know who might be listening in over the public network.
Setup Account Alerts
Account Alerts, specifically Event Alerts can prevent fraud by notifying you of irregular activity in your account. You can get an instant alert whenever there is a change to your password or account information, like address, phone number or email address. You can even establish Advanced Security Alerts to notify you if your account has been accessed outside of the country, state, city, ISP or IP Address. NOTE: When you use a cellular tower you may be accessing your account from outside of your state. However, if you’re not signing into your account you will be notified.
Keep Track of Your Device
Perhaps the biggest risk is also the reason why mobile banking is so popular -- mobile devices are easy to carry around everywhere we go. They can contain everything from passwords to contact lists to our calendar appointments. Information like that can be dangerous if your mobile device falls into the wrong hands.
If your device has a digital locking mechanism you should use it. Some devices require you to trace a pattern or insert a PIN. While it might slow you down to have to enter a PIN each time you want to use your phone, that layer of security might be enough to keep a thief from accessing your bank account before you can report your phone as missing.
Be Careful What You Download
For the moment, mobile devices are less prone to malware attacks than computers. But you should still be careful when downloading apps -- not just your banking app, but all apps. Do a little research before you download that next widget or game to make sure the app developer has a good reputation. And if you've jail broken an iPhone or you've side loaded unapproved apps, be aware that your data could be vulnerable.
Don't be scared off from using your mobile device to access your bank accounts. Just be sure to practice good, safe behaviors and keep track of your gadgets. With a little common sense and attention, mobile banking can be both convenient and secure.
Coming Holiday Season 2013 MVFCU will be offering a Downloadable App for Apple & Android Phones.
- Android Phones
- Android Tablets (except Amazon Kindle)
There are many steps which can be taken to reduce the risk of fraud originating from the mobile environment. A primary concern is malware. The threat of malware in the mobile sector is likely to progress in much the same way as early forms of personal computer malware, with the twist being the progressive rate new vectors of infection develop. As mobile devices become increasingly feature rich, the underlying security mechanisms offered by these devices will mature. Unfortunately, this is the same type of poor practice which continues to plague the Internet scene to this day.
Saving a Bookmark
Although we may not have a downloadable app today, you can save a bookmark to the home screen of your smart phone. How to links are provided below: