Advantages And Disadvantages Of E Banking
ASSIGNMENT ON:
E-BANKING SERVICES OF NEW GENERATION BANKS
SUBMITTED BY: Arthana R Kurunthodi Meera ED Yogini P Shenoy
CONTENTS
ONLINE BANKING
ADVANTAGES
SECURITY
ATTACKS
COUNTERMEASURES
NEW GENERATION BANKS HDFC BANK INDUSIND BANK DCB BANK AXIS BANK ICICI BANK IDBI BANK
ONLINE BANKING online banking (OLB) is an electronic payment system that enables customers of a financial institution to
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The password for online banking is normally not the same as for telephone banking. Financial institutions now routinely allocate customers numbers (also under various names), whether or not customers have indicated an intention to access their online banking facility. Customers ' numbers are normally not the same as account numbers, because a number of customer accounts can be linked to the one customer number. The customer can link to the customer number any account which the customer controls, which may be cheque, savings, loan, credit card and other accounts. Customer numbers will also not be the same as any debit or credit card issued by the financial institution to the customer.
To access online banking, a customer would go to the financial institution 's secured website, and enter the online banking facility using the customer number and password previously setup. Some financial institutions have set up additional security steps for access to online banking, but there is no consistency to the approach
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DCB Bank 's financial products and services range from loans for Small and medium enterprises, Wealth Management, banking for Non Resident Indians, Internet Banking, Mobile Banking, Business Finance, Home Loans . It also offers banking solutions for resident Indians such as savings account, current account, fixed deposit, recurring deposit, Pay Less Secured Credit Card, international Debit cum ATM Card, insurance products and financial services like Electronic funds transfer (NEFT & RTGS), online income tax payment, online bill payment for utilities, card to card money transfer, DCB on the Go - instant mobile banking, SMS banking, telephone banking, Visa money transfer, foreign exchange remittance service
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