24-06-2013, 02:31 PM
E - Banking
E - Banking.ppt (Size: 4.72 MB / Downloads: 35)
Introduction
Banking consumers today have more options then ever before:
“brick and mortar” institution(has a building and personal service representatives)
“brick and click” institution(physical structure + Internet bank services)
“virtual bank”(no public building – exists only online)
What Is an E-Bank?
Traditional banking business assumes:
Customer desk at bank’s building
Office hours from 8.00 am to 7.00 pm
Customers have:
Their job during the day
Family or other activities after the job
Customers’ requests are:
Non-stop working time
Using services from anywhere
E-channels provide:
Working time 0 - 24h
Great flexibility
Internet Banking ... and E-Banking
There are two different types of online banking:
Internet banking
Electronic banking
Electronic Banking
By using Automated Teller Machines (ATMs), telephones (not via Internet) or debit cards.
(debit cards look like credit card, but using debit card removes funds from your bank account immediately)
Internet Banking
Through a PC that connects to a banking website via modem and phone line (or other telecommunication connection) and Internet Service Provider
Or via wireless technology through PDA or cell phone
Internet Banking
In this tutorial we shall focus on Internet Banking.
No need explaining why Internet is so important e-channel:
670 million users worldwide (end of 2001)
Almost 1.2 billion users in 2005(forecasts, worldwide)
54% of U.S. population (143 mil.) is using it (February 2002)
Every month 2 million users are going online only in USA
What Internet Banking Offers
As a consumer, you can use Internet banking to:
Access account information
Review and pay bills
Transfer funds
Apply for credit
Trade securities
Find out if a check was cleared
Find out when a bill is due
Apply for mortgage
Search for the best loan rates
Compare insurance policies and prices
Many consumers also like the idea of not waiting in line to do their banking, and paying their bills without shuffling papers and buying stamps.
Security problems
Network access can be performed through a combination of devices (PC, telephone, interactive TV equipment, card devices with embedded computer chips, ...)
Connections are completed primarily through telephone lines, cable systems, in some instances even wireless tech.
All these systems improve efficiency, speed and access but also present some privacy and security issues.
Connections are completed primarily through telephone lines, cable systems, in some instances even wireless tech.
All these systems improve efficiency, speed and access but also present some privacy and security issues.