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In March last year, the bank was fined €750,000 (£643,000) by the Data Protection Commission (DPC) following an investigation into 10 data breaches involving the bank's Banking 365 system.
v. t. e. Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that ...
365.bank was founded in 1992 as a digital bank. In 2021, 365.bank replaced its former parent company, Poštová banka, as head of the conglomerate, [citation needed] assuming control of Poštová banka's network of brick-and-mortar branches.
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After the transformation process, 365.bank became a full-fledged banking house with a complete range of products, including those linked to personal contact. In 2022, 365.bank became the most preferred digital bank in Slovakia, confirming its digital DNA and "mobile first" philosophy among the biggest players on the Slovak banking market.
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