What is account monitoring?

Checking for suspicious activity

What is account monitoring?

Checking for suspicious activity

studbud

Online & Digital Banking Essentials

20 termsStudBud Administration

Test your knowledge on online and mobile banking, security measures, and financial management tools.

Flashcards20 cardsFPractice quizPHost liveL

Questions 20

Answers

1
When are mobile deposit limits set?
By the user
By the device
By the bank
By the government
2
What is online banking?
Writing checks manually
Using a mobile app
Managing finances online
Visiting a bank branch
3
What is account monitoring?
Only checking once a year
Ignoring bank statements
Checking for suspicious activity
Avoiding online banking
4
What are benefits of online banking?
Convenience and availability
Higher fees
Long wait times
Limited access
5
What is account access?
Avoiding online banking
Viewing account details
Ignoring account activity
Only using cash
6
How can you manage finances?
By ignoring expenses
By tracking income
By spending freely
By avoiding bills
7
What is device protection?
Sharing devices freely
Ignoring updates
Using weak passwords
Securing electronic devices
8
What is fraud?
Honest transactions
Regular payments
Banking security
Intentional deception
9
What are statements?
ATM withdrawal limits
Loan applications
Records of transactions
Bank branch locations
10
What is transfer funds?
Moving money between accounts
Depositing checks
Paying bills
Withdrawing cash
11
Why is security important?
To prevent fraud
To limit access
To increase fees
To slow transactions
12
What is the purpose of strong passwords?
To make it easy
To secure accounts
To share with others
To avoid updates
13
What are recurring payments?
Payments made in cash
Payments for services only
One-time payments
Payments at intervals
14
Complete the sentence: Strong passwords are...
Short and simple
Difficult to guess
Only numbers
Easy to guess
15
What is a benefit of mobile banking?
24/7 availability
Higher fees
Limited access
Long wait times
16
What is account monitoring?
Avoiding online banking
Ignoring bank statements
Only checking once a year
Checking for suspicious activity
17
What is a feature of online banking?
Bill pay options
No account access
Limited transactions
Long processing times
18
What does mobile banking allow?
Visit a bank branch
Manage finances online
Use a computer only
Use a mobile app
19
What is account access?
Managing bank accounts
Paying bills online
Transferring funds
Viewing bank statements
20
What is a user interface (UI)?
Physical bank branches
Visual elements of software
Bank account numbers
Payment methods

Online & Digital Banking Essentials Flashcards | StudBud