Examining e – banking

Type :

Term papers

Pages :

33 pages

Format :

.doc

Published date :

04/02/2009

Category :

Economics & finance

Sub category :

Finance

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Summary :

E-banking
1. Introduction of e-banking
2. Meaning of e-banking
3. Functions of e-banking
4. Types of e-banking
5. Advantages of e-banking
6. Limitations of e-banking
Internet banking
1. Introduction
2. Banking services through internet
3. Product and services offered
4. The future scenario
Risk and rewards
1. Operational risk
2. Security risk
3. System architecture and design
4. Reputational risk
5. Legal risk
6. Money laundering risk
7. Cross-border risks
8. Strategic risk
9. Other risk
10. Risk of unfair competition
Internet banking: challenges for banks and regulators
1. Internet banking in the United States
2. The Basel committee's electronic banking group
3. e-finance oversight
4. Security controls
5. Legal and reputational risk management
What do computers do in banks
1. The different uses of information technology
Credit card frauds
1. Credit card frauds
2. The prevention of frauds
3. How to accept the master card
4. How to get reimbursed
Bank's control in online banking
1. Will banks control online banking
2. Banking in the cyberworld
Suggestions
Conclusion
Role and significance
Bibliograhy

Abstract

The acceleration in technology has produced an extraordinary effect upon our economy and, in general, has had a particularly profound impact on expanding the scope and utility of financial products over the last ten years. Information technology has made possible the creation, valuation, and exchange of complex financial products on a global basis and even that just in recent years. Derivatives are obviously the most evident of the many products that technology has inspired, but the substantial increase in our calculation has permitted a variety of other products and most beneficial new ways to avoid risks.

What is really quite extraordinary is that there is no sign that this process of acceleration in financial technology is approaching an end. We are moving at an exceptionally rapid pace, fueled not only by the enhanced mathematical applications produced by our ever rising computing capabilities but also by our expanding telecommunications capabilities and the associated substantial broadening of our markets.

All the new financial products that have been created in recent years contribute economic value by 'unbundling' risks and reallocating them in a highly calibrated manner. The rising share of finance in the business output a few countries are a measure of the economic value added by the ability of these new instruments and techniques to enhance the process of wealth creation. The reason of course, is that information is critical to the evaluation of risk. The less that is known about the current state of a market or a venture, the less the ability to project future outcomes and, hence, the more those potential outcomes will be discontinued.