home banking home banking

Definition(s):

  • (n) banking in which transactions are conducted by means of electronic communication (via telephone or computer)

Usage(s):

  1. For these and some 60,000 other computer owners, electronic home banking, a long-promised technology, has finally come of age.
  2. Despite the convenience, home banking is still running into some serious customer resistance.
  3. With home banking, it is almost as easy for a citizen of Missouri to have an account with New York's Chemical Bank as it is for a Manhattan resident.

News

  • A Research Finds Banking Apps Leaking Info Through Phones

    A recent research seems to indicate that financial industries should increase the security standards they use for their mobile home banking solutions. IOActive Labs recently performed a black box and static analysis of worldwide mobile home banking apps.
    on January 9, 2014     Source: CircleID

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