Online banking

1000 (World Bank, 2013). Installation of fiber optic cable in 2006 has Licensed under Creative Common unfolded a new horizon in expanding internet based banking system in Bangladesh. Total number of internet users in the country increased from 186,000 in 2006 to 5.5 million in 2012 according to a study conducted by International Telecommunication Union. In 2010 Bangladesh Bank (BB) introduced electronic system which provides a platform for all the scheduled banks under Bangladesh Bank to conduct inter-bank clearing activity in an accurate and faster way which was not…

A database technology basically Five examples of a database technology is like an ATM ( automated teller machine ) , online banking, biometric screenings and multimedia’s in libraries. First of all I will describe about “Online Banking”. Online banking basically is where people can just directly do their banking purposes and deals just throughout the internet without going to the bank. Online banking is a great feature, most banks do offer it. There are several benefits and its limitations of…

“Abstract” Although online banking plays a significant role in banking institutions, fewer studies have concentrated on customer satisfaction and adoption mainly in the Indian origin. The main objective of this study was to identify and determine the various factors that influence the decision of consumers’ for adoption of online banking service and to determine the relationship among Online banking service, customer satisfaction and customer adoption. For the collection of data, a questionnaire…

Online banking which also is referred to as internet Banking or electronic Banking (eBank), connects the consumers to the bank 's internet site through a browser as the means of conducting and managing various banking activities. It is noteworthy to mention that the banks are not restricted to exist exclusively online or to have a physical site; rather they can be any of the two or the combination of both. There are banks that have no physical sites, e.g. Telebank in Arlington, Virginia, while…

Abstract— The focus of this paper is to use Mobile-OTP and QR code in online banking authentication system to provide the best hacker security. Recently, personal information has been leaked through a high degree of methods, such as phishing or pharmacy, to capture user IDs and passwords. This will result in an inappropriate ID / password being propagated between different users; thus a secure user authentication system is essential. In this paper, we use a different technology to provide a…

According to the above, the research has compared the use of online banking VS traditional bank, since many people in Saudi Arabia are not aware of the advantages of electronic banking, which it should not be as a problem in these days. The purpose of this study is to study and analysis the impediments of using online services which include: automated teller machine (ATM), internet banking, and tele-banking and then compares it with manual banking. The study also focused on the solutions that…

future development of the financial industry especially, banking industry. Electronic banking channels are providing alternatives for faster delivery of banking services to the customers such as online banking. Electronic-banking is the latest delivery channel of banking services. 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…

Information Technology Banking Security Over time, people have invented many useful things in order to make the life easier. In the past, the life was more difficult than it is now. People work hard to develop the world and make humans live easier. Telephone, for example, has helped humans to keep in touch. People invent things such as cars, airplanes, and other innovations that people didn’t expected to see in the future. One of the services that people have developed is the online banking…

a leading company. They were able to acquire 5 different companies to expand their business model, allowing them to have over 82% of the U.S. population market by 2009. They held leadership positions in 23 of 30 top metropolitan areas, and held the number one position in online/mobile banking. However, like most businesses, when the recession hit, BofA suffered many losses. The CEO at the time was Kenneth Lewis, and he had decided to allow the federal government to give the bank $20 billion for…

recent years Electronic banking technologies have multiplied with products available such as ATMS, contactless payments, internet banking, banking apps and the ability to store cards to devices. This has led to the adoption of customers because of its efficacy and increasing ease to use but also as it cuts costs, stays competitive and attracts new customers from a business point of view. In agreeance Hogarth et al. (2004) claim that been the years of 2002 and early 2005 online banking…