Question
Part 1: Your new job is going well and you might be promoted soon. Life is good, until you found out someone stole your ATM
Part 1: Your new job is going well and you might be promoted soon. Life is good, until you found out someone stole your ATM PIN number. You didnt notice it until now and have lost about $100 due to this fraud. This was done over the course of four withdrawals of $25 each. Which of the following features could have helped stop the ongoing fraudulent withdrawal of your money? Select(Online access to your account Online bill payment Text alerts of account activity Electronic deposit of checks from a smartphone)
Part 2: You feel stung by this invasion of your bank account, and feel even worse when you get a text alert the next day that your account is overdrawn by $100. You now have to pay an additional $25 fee. Your grandma sent you a birthday check a few days ago for $125, but now you will have to use it to pay for the fraud and overdraft fee. You meant to deposit the check yesterday, but had to work late and couldnt get to the bank. Which one of the following features could have helped you avoid this problem? Select(Online access to your account Online bill payment Text alerts of account activity Electronic deposit of checks from a smartphone)
Part 3: Will this bad day ever end? When you get home, you find that your cable is out. You call the cable company and learn your service has been disconnected because you failed to pay your bill. You are confused because you know you mailed a check, but in todays mail you find a notice that your check has been returned because you forgot to put a stamp on it. Which bank feature could have helped you avoid this problem? Select(Online access to your account Online bill payment Text alerts of account activity Electronic deposit of checks from a smartphone)
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