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Re:Citibank India wants credit card, bank account numbers to... by sneak on Sunday December 29, 2013 @11:57AM (#6980178)
Email is the only universally-accepted federated notification system.

Emails such as "your card has been used 1000km+ from its last use" or "you just made this >$1000 purchase" are very useful indeed, and should be encouraged to detect fraud.

Re:Citibank India wants credit card, bank account numbers to... by raverbashing on Sunday December 29, 2013 @12:22PM (#6980291)
For small notifications (let's say a $50 purchase) I get an SMS

If it's something that rings a bell the bank calls me

Re:Citibank India wants credit card, bank account numbers to... by MichaelApproved on Sunday December 29, 2013 @04:14PM (#6981416)
The problem with that is banks sometimes ask what your last transaction was to prove you are the account holder. Anyone who has access to these email messages will know that information.
Re:Citibank India wants credit card, bank account numbers to... by drcoopster on Sunday December 29, 2013 @04:43PM (#6981543)
I've never seen this with any of the banks with which I've done business. They will tell me what the transactions were and ask me to confirm that they were indeed by me in the case that they're suspicious of fraudulent activity.