Hu Shares Insight for CreditDonkey Article

Insight from Assistant Professor of Finance and Accounting Wenyao Hu, Ph.D., CFA, was featured in a CreditDonkey.com article about online banking tools. Among other points, Hu addresses the key security features users should consider when choosing an online bank, including two-factor authentication and fraud monitoring.

“Banks are now smarter at spotting unusual activities or monitoring your typing habit with your password in your account. If there’s a large transaction or something that doesn’t look right, the bank’s system alerts you. They might temporarily freeze your account for safety. This proactive approach means you can rest easy, knowing there’s always a watchful eye protecting your money. This is a crucial feature you need to consider for your selection,” says Hu.