Top Five Online Banking Issues

Top Five Online Banking Issues


Online banking allows you to easily check your account balance, pay bills online and transfer money. A majority of banks offer this service. However, there are some online banking issues you should be aware of.

Service Outages

Online banking makes a number of features easy to access for consumers. However, service outages can happen. Some service outages are planned in advance so banks can upgrade their servers. Unplanned outages are an issue because consumers get used to having access to a number of online services. Some banks have fewer staff members in their branches since consumers can use online banking instead of visiting their nearest bank. This can result in long lines in case of a lengthy outage.


Being able to instantly access your bank account and transfer funds has its advantages. However, this is not good news for consumers who are prone to impulse purchases. Online banking makes it possible to instantly transfer funds from your savings to your main account so you can make a purchase. On the plus side, online banking makes it easy to see how much money you have and to pay bills.

Security Problems

Online banking issues include security. Thankfully, most banks make security one of their priorities. There are still some risks associated with using online banking, especially for users who use these services on unsecured connections. Banks need to store sensitive information for each consumer, which could be catastrophic in case of a security breach. Being able to transfer and withdraw money quickly also means that a person could empty out a bank account if they are able to obtain the login credentials.

Phishing Scams

Using an online banking service might make a person more vulnerable to phishing scams. These scams look like genuine emails from a bank or from another site and trick the user into sharing their login credential. It is possible to identify these scams by looking at the address of the sender or at the link shared, but a user who regularly connects to an online banking service might fall for one of these emails.

Learning Curve

Young adults are able to adopt online banking and familiarize themselves with the features of this service very easily. However, there might be a learning curve for other consumers who are used to going to their local branch for their banking needs. There is also the issue of some consumers not being able to security risks and not knowing how to tell if they are using a secure connection to check their bank account. Some banks have helpful educational material to help consumers navigate their online banking system, but other institutions do very little to educate consumers about online banking.

There are a few downsides to online banking, but this service is a very convenient way to let consumers manage their bank accounts. It is important for banks to educate consumers regarding security issues, phishing scams, and to provide them with the information they need to quickly familiarize themselves with online banking services.

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A Goodbye To Toys R Us, From Every 90's Kid

We're some of the last Toys R Us kids.

When I think of Toys "R" Us, I’m immediately flooded with over a decade of memories. It’s as if I’m there and five years old again, wandering through the aisles of the store… conveniently getting lost in the Barbie section and hoping my parents will find me and let me bring home a Barbie. I tried this strategy just about every time I entered the store. Needless to say, my parents were a bit smarter than I was.

I can remember test driving every single bike in the store. Even though I was never shopping for a bike, it was just fun to ride through the aisles and dodge shoppers along the way. I found games like “Don’t Wake Daddy” and “Elefun” and quickly added to my Christmas list that was comprised of items exclusively from Toys "R" Us.

Even as I got older, Toys "R" Us served as a memory of happier and simpler times in my life. As someone with a sibling 10 years younger than I am, I was able to bring my younger sister to the store and watch as her eyes light up the same way mine did when I was her age. I saw how different her tastes were. While she looked at video games, I looked at board games. She wanted a tablet, while I yearned for The Game of Life. But still, every time we passed a Toys "R" Us, there was someone in the car to scream and beg to stop for just ten minutes—which always turned into a half hour.

All of the 90’s kids, as well as multiple other generations, are saying goodbye to a piece of their childhood. I thought the most of Toys "R" Us I would lose in my lifetime would be the massive store and Ferris-wheel in Manhattan, but I was wrong. Now, we are witnessing the end of an era and saying a goodbye to a huge company. Toys "R" Us may have been founded in the 1950’s, but it reached its peak during our lifetime, before losing out to stores like Walmart and Target. We were the Toys "R" Us kids.

On March 22, 2018, Charles Lazarus, the founder of Toys "R" Us, passed away. He was 94, and his death came just a week after Toys "R" Us announced it would liquidate all of its stores. He created the toy store after returning home from World War II, anticipating that all of the baby boomers would soon want toys. Thank you Mr. Lazarus for providing multiple generations of kids with a lifetime of fun memories, toys and stories to share for years to come.

I had always hoped for (and dreaded) the one day that I would bring my own children to Toys "R" Us, have them play on the bikes and scooters, try to sweet talk me into Barbie’s, and manipulate me into getting them another stuffed animal. But, now that day won’t come. So, it’s time to say goodbye to Toys "R" Us and all of the happy memories it brought us.

We will always be Toys "R" Us Kids.

Cover Image Credit: google images

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Communication Blocks In The Workplace Are Created By Lack Of Understanding And Connection

Insight on the conflicts created by a constant separation of employees due to multiple shifts being staffed the same.

Jobs in the retail or food industry typically have two or three different sets of shifts. In most cases, each employee will stick to the same shift they prefer to work whether that's mornings or nights. For example, in my workplace, I have two sets of employees who either only work mornings to afternoons or who work afternoons to close.

Businesses in these industries have the flexibility to work with what each employee's availability and preferences are in scheduling. That is excellent for the employees because they can work a job that works with their lifestyle, however, it creates a huge communication block between two separate groups of employees due to same daily deployment.

These two separate groups end up not having a complete understanding of each other or the duties they perform at the other time of day. It is impossible for them to build a workplace relationship in those quick passings as they trade off. This results in two sperate teams while a business should operate as one big team.

I have dealt with this communication block among openers and closers that is created through this separation at my current and past job. It results in a continuous feud between Team A and Team B. Both teams deal with different duties and different levels of customers during peak times where business jumps quick.

However, every day is different and Team B may come in to mess because of the level of business Team A may have had or it could have been from a lack of organization their team held throughout their shift. Since the two teams have almost no workplace relationships built because they never work together, they tend to lack the comfortability to communicate issues amongst each other.

If the feuds created from this block are anything similar to my current and previous job, then it will always result in passive-aggressive behaviors and petty doings from each team in hopes to create some kind of change or to simply try and get a rise out of one another. That simply rips a business's entire staff apart and will continue to create conflict due to the absence of any understanding how they store runs from open to close.

I, a business major, find myself analyzing conflicts at work a lot more since my recent shift management promotion. I want solutions for my team so we can all operate peacefully. The flexibility of each employee being able to work the hours they are able to or prefer to is great for us all, but if the tensions among the shifts continue, I believe it could be best to have each employee be required to work a few shifts on the other side to learn what each side deals with and to build a better connection with those they don't work with. This could create a mutual understanding and break the communication block.

That is my insight on how i'd like to go about fixing a workplace feud amongst shifts. How would you fix a feud amongst shifts at your workplace?

Cover Image Credit: Pexels

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