1.
account transfer: making an online transfer of money
2.
fraud: when a crimainal uses trickery to convince someone to give up valuable information or items of value
3.
identity theft: when a crimainal opens a credit card with another persons name and socail security number, charges merchandise, and leaves the victim with the unpaid bill.
4.
internet: the worldwide electronic network including web pages, chat rooms, and online forums
5.
internet access: service that connects a computer to the internet. can be done through cable moderm, dsl or dial up modem service over the phone, or wi-fi
6.
online banking: using the internet and a banks website to keep track of bank accounts, moving money from one account to another, and paying bills
7.
password: secret word used with the username to access online banking. password must contain 6 to 12 characters
8.
personal information: important indetifying data that lets your online bank know you are who you say you are
9.
phishing: when a criminal sends you an email using a scheme to get you to divulge you personal information. contact your bank immediately if an email says you will lose your account unless you provide your user name and password or any other personal information
10.
pin ( personal indentification number): a number used to access your account when used with a money card or debit card
11.
recurring payments: automatic payments a customer can set up, such as to pay for car insurance or cell phone service.
12.
username: account name used to access online banking