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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    PARENTS’ FEARS FOR GENERATION INTERNET

    PARENTS’ FEARS FOR GENERATION INTERNET

    Published by Gbaf News

    Posted on November 29, 2016

    Featured image for article about Top Stories

    Worried parents in the dark about children’s online shopping habits

    Half of parents fear their children are using the internet to purchase harmful items like legal highs and e-cigarettes, new research reveals

    Online age verification system, AgeChecked, revealed that online purchasing is a major concern for parents in its ‘Parents’ Concerns for Generation Internet’ report.

    More than half of parents are concerned about their children buying expensive in-app purchases, while 44% fear their children will obtain their bank details and spend money without their approval. More than a third of parents are concerned their children may buy restricted items like knives.

    It comes as 57% of parents say that current online age restrictions designed to protect children are not going far enough. While half of parents are calling for online retailers to introduce better age controls.

    Earlier this year, an AgeChecked study found that three of the biggest supermarket chains were amongst retailers failing to prevent under-18s from purchasing e-cigarettes online. Out of 25 retailers, more than half did not have mechanisms in place to prevent an illegal purchase.

    Alastair Graham, CEO of AgeChecked, said: “The online experience is reinventing childhood. In the UK, children are spending twice as much time online as they did a decade ago.

    It is more important than ever to ensure that effective protections and age filters are in place to protect children from purchasing harmful and inappropriate items online. It is not in retailers’ interests, or the general public, that children can get access to such goods online.

    “The solution needs to be delivered by a range of organisations. Not just parents and schools, but site owners, government, technology companies and emerging media and communication services.

    “While the internet is a valuable learning resource for children, more needs to be done to make this digital playground safe for generation internet and generations to come.”

    CASE STUDY

    Valentina Nicosia from Manchester is mum to two children under the age of five. She said: “As the world of technology progresses, my children are probably going to become even more tech-savvy than I am and as they grow up, it would be detrimental to deny them a tool like the internet, which is so widely used and has such an amazing potential for good. However, while the internet is a great source of education and a real eye-opener for youngsters to the wider world of learning, there’s also many risks that concern me. As my children get older, I worry as I won’t be able to watch them all the time to monitor their activity online and through social media.

    “If retailers and website owners supported parents by installing age checks onto their websites then I think this would really help to reduce risks to children while they’re surfing online. In fact, I think that as much as it’s a parent’s responsibility to ensure the safety of their children, it’s a web owner’s responsibility to make sure they have the right protections in place. Children certainly shouldn’t be able to easily purchase knives, e-cigarettes, legal highs or any other kind of harmful items online if they’re underage.

    “Age verifications which ask you to enter a date of birth or password would definitely help reduce the chances of younger children purchasing dangerous goods, and would ultimately help parents feel more reassured that there are safety precautions in place.”

    For more information and to download the full report, please visit: https://agechecked.com/#/news/5

    Worried parents in the dark about children’s online shopping habits

    Half of parents fear their children are using the internet to purchase harmful items like legal highs and e-cigarettes, new research reveals

    Online age verification system, AgeChecked, revealed that online purchasing is a major concern for parents in its ‘Parents’ Concerns for Generation Internet’ report.

    More than half of parents are concerned about their children buying expensive in-app purchases, while 44% fear their children will obtain their bank details and spend money without their approval. More than a third of parents are concerned their children may buy restricted items like knives.

    It comes as 57% of parents say that current online age restrictions designed to protect children are not going far enough. While half of parents are calling for online retailers to introduce better age controls.

    Earlier this year, an AgeChecked study found that three of the biggest supermarket chains were amongst retailers failing to prevent under-18s from purchasing e-cigarettes online. Out of 25 retailers, more than half did not have mechanisms in place to prevent an illegal purchase.

    Alastair Graham, CEO of AgeChecked, said: “The online experience is reinventing childhood. In the UK, children are spending twice as much time online as they did a decade ago.

    It is more important than ever to ensure that effective protections and age filters are in place to protect children from purchasing harmful and inappropriate items online. It is not in retailers’ interests, or the general public, that children can get access to such goods online.

    “The solution needs to be delivered by a range of organisations. Not just parents and schools, but site owners, government, technology companies and emerging media and communication services.

    “While the internet is a valuable learning resource for children, more needs to be done to make this digital playground safe for generation internet and generations to come.”

    CASE STUDY

    Valentina Nicosia from Manchester is mum to two children under the age of five. She said: “As the world of technology progresses, my children are probably going to become even more tech-savvy than I am and as they grow up, it would be detrimental to deny them a tool like the internet, which is so widely used and has such an amazing potential for good. However, while the internet is a great source of education and a real eye-opener for youngsters to the wider world of learning, there’s also many risks that concern me. As my children get older, I worry as I won’t be able to watch them all the time to monitor their activity online and through social media.

    “If retailers and website owners supported parents by installing age checks onto their websites then I think this would really help to reduce risks to children while they’re surfing online. In fact, I think that as much as it’s a parent’s responsibility to ensure the safety of their children, it’s a web owner’s responsibility to make sure they have the right protections in place. Children certainly shouldn’t be able to easily purchase knives, e-cigarettes, legal highs or any other kind of harmful items online if they’re underage.

    “Age verifications which ask you to enter a date of birth or password would definitely help reduce the chances of younger children purchasing dangerous goods, and would ultimately help parents feel more reassured that there are safety precautions in place.”

    For more information and to download the full report, please visit: https://agechecked.com/#/news/5

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