 Hello everyone. This is financial author Ahmed Dunn of Ahmed Dunn.com. On this channel, you'll find financial travel and more videos just like the one you're watching right now. If you like what you see, please give me the thumbs up and consider subscribing. Hello everyone. This is financial author Ahmed Dunn of Ahmed Dunn.com. Today I'll have a short video about simply financials new fraud detection program. Simply financial is a low cost or no fees banking program which provides bank accounts and various other financial products for no fee banking. So this is to be the President choice financial and then converted to simply financial when CIBC stopped offering free services in cooperation with Lovelace. So right now simply financial is all owned by CIBC and I just received an email from CIBC mentioning that they will be starting fraud alert protection for bank card holders. So this is not any credit card fraud alert protection. So this is for bank card holders. So whenever you are making a purchase or you are doing cash or you're doing any transactions, the system will try to see the pattern. And if there's anything unusual or anything that doesn't make sense, then the system will stop that transaction. That's what my understanding. And the fraud alert protection will notify you either via email, voicemail or by text message. So whichever is your preference, you have set up on simply financial website. So this is a great feature but I would like to mention that I've been with the President choice financial for long and about 10, 15 years ago once I used my bank card. This is not the credit card. This is a bank card at a gas station in Toronto, Canada. And then within the next few days, someone had my information which I believe they got it at the gas station and they tried to withdraw several amounts from my bank card. So actually they were successfully withdrew some amount. I do not remember exactly the exact amount. It could be somehow like $200-$300 but the system then stopped it. And then I had a call from President choice financial and they mentioned that someone was trying to hack my account and they stopped my bank card and they were issuing me a new bank card. And they reversed the transactions that were taken out of my account. So the system with the President choice financial was there before and it successfully prevented. It tends to take up money from my bank account. So hopefully the system is much more modern now with more features and more advancement. And it should be able to even detect more fraudulent activities right away. So this is a great feature to have for a free banking account such as a simply financial. And again this is not a paid or affiliated review. All my reviews are not paid for paid by any banks or credit card companies. So the opinions are my own and they are unbiased and honest. If you like what is safe, just give it a thumbs up and consider subscribing and there will be more financial and travel videos and other videos coming up. So I'll see you shortly. Thank you.