To access a financial institution's online banking facility, a customer must be registered user of the institution and must have password for customer authentication. To access online banking, the customer would go to the financial institution's website, and enter an online banking facility using the user id and password. Some financial institutions have set up additional security steps for access, but there is no uniformity to the approach adopted. Today each and every bank is providing this facility to its customers to encourage paperless banking. Online banking has opened doors for all the customers to operate beyond the boundries. It allows people to carry out their banking transactions by using safe websites functioned by their respective banks.
Online Banking: Definition and Features
Problems with E-Banking Research Paper - Words
A fool can see that government waste has struck again. This tangled mess of regulation, among other things, increases costs and diffuses accountability for policy actions gone awry. The most effective. HDFC is still fairly new in the market, with the technology trend, online banking will be the most challenging and vulnerable part of the game.
Free Banking Essays and Papers
Once banking institutions recognized the low processing cost per transaction via The internet, they began viewing online banking as an extension of the bank rather than as an add-on service. The motivation to introduce online banking now also Included new business potential, additional funds from new and existing customers, Exp A technological breakthrough has carried major changes particularly from the most recent century. The internet is just one of the contributions of technology that has reshaped practically every component of our lives. With the boom of new technologies such as Internet and mobile phone it reshaped the banking of today from traditional banking to e-banking.
ABSTRACT The problem related to the environment, the maintenance of ecological balance and environmental-sustainability have become topics of debate throughout the world. Both organizations and consumers have understood the importance of the environment for the survival of human beings. The banking sector plays an important role in the economic growth of a nation.