This study is prepared to find the computer based banking services that currently several banks are providing to their customers. This book contains the introduction part; Background of the report, Origin of the Report, purpose, objective and scope of the report is given. Then the Methodology and some limitations are given. Online banking and its history, features, Security, Attacks, Counter measures have been discussed. Then discuss about the Automated Teller Machine (ATM). In this part discussed about its history, Location, financial networks, global use, hardware, software, security, alternative uses, reliability and fraud. Typical push & pull services offered under SMS banking, qualities of SMS banking, technologies employed for SMS banking, in the next part have a short description about Mobile banking. In this portion there is a mobile banking conceptual model, services offered under mobile banking challenges for mobile banking, security, reliability, Personalization. Then there is information about Electronics Funds Transfer (EFT), EFT POS, and Card based EFT, Transaction types, Authorization, Single message Authorization, Authentication.
This book contains the introduction part; Background of the report, Origin of the Report, purpose, objective and scope of the report is given. Then the Methodology and some limitations are given.
With the rapid diffusion of the Internet worldwide, there has been considerable interest in the e-potentials of developing countries giving rise to a 1st generation of e-Readiness studies. Moreover, e-Readiness means different things to different people, in different contexts, and for different purposes. Despite strong merits, this first generation of e-Readiness studies assumed a fixed, one-size-fits-all set of requirements, regardless of the characteristics of individual countries, the investment context, or the demands of specific applications. This feature obscures critical information for investors or policy analysts seeking to reduce uncertainties and/or make more educated decisions. But there is very little known about e-Readiness for e-Banking. In particular, based on lessons learnt to date and their implications for emerging realities of the 21st century, we designed and executed a research project with theoretical as well as practical dimensions to answer the question of e-Readiness for What, focusing specifically on e-Banking, based on the very assumption that one size can seldom, if ever, fit all. We propose and develop a conceptual framework for the "next generation" ereadiness - focusing on different e-Business applications in different economic contexts with potentially different pathways - as well as a data model - to explore e-Readiness for e-Banking in ten countries. Keywords: e-readiness assessment, value-creation opportunities, e-Banking, banking, pathways, profiles, leapfrogging.
This feature obscures critical information for investors or policy analysts seeking to reduce uncertainties and/or make more educated decisions. But there is very little known about e-Readiness for e-Banking.
E-Banking Prospects and Problems comes as modest attempt to aware the students and readers about e-banking services, issues, challenges and risks of E-banking in Indian banking sector.It gives overall idea of E-banking services.It describes tools, structure, advantages and disadvantages of E banking. It discusses risks, challenges and issues related to E-banking. It focuses on online security system and security precautions that will help readers to cautious while using E-banking.It also refers to guidelines issued by Reserve Bank of India.
E-Banking Prospects and Problems comes as modest attempt to aware the students and readers about e-banking services, issues, challenges and risks of E-banking in Indian banking sector.It gives overall idea of E-banking services.It describes ...
The introduction of electronic banking into the banking sector is to bring customer satisfaction thereby enhancing the bank's' profitability. Compared to ordinary banking system electronic banking is providing the competitive advantage by lowering the cost and providing best satisfaction of customer needs. But unless this technology curtails certain risk that comes along with it, there would not be the requisite increase in customer satisfaction over the traditional bank branches and customer may perceive it as the same as different branches rather than a new means of delivery channels. The benefit of e-banking from customer point of view is convenience to access account 24/7, that is, access is not limited to banking operation hours and available around the clock, wherever the customer's located on the other side people are generally shy of use of these services because of the perceived risk of failure, complexity and security. The legal issues of Internet banking in India must be taken more seriously by all stakeholders especially the Indian banks. However, better results cannot be achieved till cyber security requirements made mandatory on the part of Indian banks. The book is designed for individual who have Law, banking students & professional or equivalent to a bachelor's degree in management and banking competitive exams.
The book is designed for individual who have Law, banking students & professional or equivalent to a bachelor's degree in management and banking competitive exams.
This book is very much helpful to persons dealing with banking services, and business man and executives of companies, students and general public as a whole.Internet banking can also be used on mobile phones.
The evolution of e-banking revamped the role of banks from just being a service provider to a financial supermarket that provides all kind of possible services with no loss of time. In spite of its incredible advantages it could not become the first choice of users. Particularly in developing countries people still hesitate to adopt electronic channels as their primary payment option. To address the issue the present book attempts to provide thoughtful insight to different issues and concerns about e-banking in India. It entails a detailed discussion of electronic payment and settlement system. Empirical studies discussed in the book unfold the customer's satisfaction with e-bankqual and deliberate employees perspective towards click banking. The book also submits few recommendations to mitigate the risks deterring the spate of e-banking in India.
The book also submits few recommendations to mitigate the risks deterring the spate of e-banking in India.
We all do business online in one form or another and in this new globalised dispensation, e-Banking has helped to vastly enhance the symbiotic relationship between banks and their customers. But, there are also challenges; some technological in the form of hardware and software deficiencies and some non-technological such as issues of consumer trust and confidence and access to ICTs. One threat not addressed in the electronic banking literature however, is Fear. In Fear of Cybercrime: Lessons for the Global E-Banking Sector, Lloyd Waller, Corin Bailey and Stephen Johnson address this gap by examining the extent to which fear of cybercrime threatens e-banking. How persons view crime, how much they fear it and their responding actions are examined in the context of the pervasiveness of information technology and the influence of news media. A must-read for bankers and policymakers in particular, but also for academics, Fear of Cybercrime is a useful tool in guiding industry players as to the strategies necessary to lower consumer risk perception and increase protection of personal data.
In Fear of Cybercrime: Lessons for the Global E-Banking Sector, Lloyd Waller, Corin Bailey and Stephen Johnson address this gap by examining the extent to which fear of cybercrime threatens e-banking.
Over the past three decades, electronic banking (e-banking) has witnessed rapid growth and development in some countries like the U.S. and the U.K. This growth has resulted in an increase in banks' revenues and customers' savings and convenience. However this is not the case in the Middle East. Although banks do offer electronic services in this region, the technology has not reached the same growth rates as in developed countries. This problem is due to the quality of services banks offer and, more importantly, the level of protection they provide to their customers. It is also related to the people's culture and acceptance of new and modern technologies, as well as infrastructure and the current banking systems. Using dynamic hypothesis to analyze the problem, it is found that e-banking security and protection are among the factors causing much of the trouble. In order to boost customers' confidence in adopting e-banking technologies, security issues must be resolved. One possible solution proposed is the use of advanced technologies such as biometric-authentication. Additionally, central banks must set strategies and policies to boost the development of e-banking technologies in order to reap its benefits. Developing e-banking technologies will help improve the economy and increase the convenience of banking. It will also facilitate commerce and business due to cost reduction and increase in efficiency.
However this is not the case in the Middle East. Although banks do offer electronic services in this region, the technology has not reached the same growth rates as in developed countries.
The increase in computer crime has led to skepticism about the move made by the banks to introduce e-banking. Some view this as a noble move which has made the banking system more efficient, reliable and secure, while others view it as a risky and insecure way of banking. This book discusses the various computer threats and the security mechanisms put in place to ensure that e-banking is secure. The areas that still need some improvements with respect to elements of information security are highlighted. The knowledge gained from this book is aimed at helping the banks and its customers in decision making; other organizations since information security does not only affect banks. Any organization that has information and information systems is subject to attack although the risk will vary with the nature of industry. Further, this book will benefit scholars in the field of information systems, computer security and the business people who value the quality of services their organizations offer to their clients.
Further, this book will benefit scholars in the field of information systems, computer security and the business people who value the quality of services their organizations offer to their clients.
