i need someones help to answer this question by next 1 hour or before.

Accounting
Tutor: None Selected Time limit: 1 Day

In what ways might bank fraud be easier to perpetrate using smart cards and online banking methods instead of traditional banking practices?

need answer by 300 words

Oct 8th, 2015

Thank you for the opportunity to help you with your question!

Bank fraud is easier to perpetrate using smart cards and online banking instead of traditional banking practices because in smart cards and online banking there is totally use of electronics money which is just digits UN till you get the money there is a far more higher chance of getting fraud in this case because some one can hack your password  as well as your electronic money. In traditional banking account holder goes my him self to get money and he can be verified manually by the banking staff but in the case of smart card and  online banking.In online banking and smart cards there is also a higher chance of password lost and by mistake sending money to someone else but in case of traditional banking we have more secure structure and less chance of getting robed or making mistake.

please go to your home page . click on promotion who has a heart icon add my name MAXX57 in the open window and promote me we both will get 10$ by study pool promote and best me dear :) best of luck
Oct 8th, 2015

Are you studying on the go? Check out our FREE app and post questions on the fly!
Download on the
App Store
...
Oct 8th, 2015
...
Oct 8th, 2015
Dec 4th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer