Electronic Banking Yerkebulan Yerkesh Artem Kokorin Bauyrzhan Nursan YAB ©
Contents • • • What is E-Banking Two approaches E-Banking E- banking devices Benefit of E-Banking Drawback of E-Banking Wireless banking Security features Simple safety measures Conclusion
What is E-Banking? • Electronic banking is defined as: the automated delivery of new and traditional banking products and services directly to customers through electronic, interactive communication channels. YAB ©
Two approaches E-banking 1 Dial-in Approach: Requires users to have a separate finance software, so that they can do all the process offline and connect to the bank just for transactions. 2 Internet Approach: Users directly log on to their bank website and complete all their work online. YAB ©
E- Banking devices • • • Personal computers (PCs), Personal digital assistants (PDAs), Automated teller machines (ATMs), Kiosks, Touch tone telephones, Cellular and smart phones YAB ©
Benefit of E-Banking • Anytime banking , and anywhere banking • Online Banking is much cheaper for the bank. A survey says that Online Banking costs only 10% of branch services • Reduction in cost of transaction • Pay bills online there by saving postal services. • Easy to make utility payment • Online purchases • The services are available seven days a week, 24 hours a day. YAB ©
Drawback of E-banking • • • Difficult in adoption technology Fear of technology High cost of technology Lack of preparedness Restriction on usage of technology YAB ©
Wireless banking • Wireless banking is gaining popularity. • With a phone number and a special PIN number a customer has access to his account balance from his cellular device. • Allows user to pay bills, transfer funds between accounts and check accounts from anywhere. • Security is an important issue in Wireless Banking. • Newsbytes reports that wireless banking users will number over 50 million in the US by 2012 and in Europe almost 70 million. YAB ©
Wireless banking YAB ©
Security features • Security is a primary concern in internet banking • SSL (Secure Sockets Layer) protocol is used to ensure data security between customer’s browser and web server. • SSL provides data encryption, data integrity and server authentication. • 512 bit data encryption. • Customer database is protected by double firewalls. YAB ©
Security features YAB ©
Simple safety measures • Change Your password periodically. • Review your bank accounts frequently. • Try to use low limit credit card for internet transactions YAB ©
Conclusion • The strategy of bank is to provide value added services and products to the customers, Utilizing the internet extensively. • The main aim of e-banking is to making transactions through online poses and make costumer more benefical. YAB ©
Thank you for attention!!!
Скачать презентацию Electronic Banking Yerkebulan Yerkesh Artem Kokorin Bauyrzhan Nursan
E-Banking presentation YAB..pptx