Network administration,Security management,Internet banking server,E-commerce applications (e.g., bill payment, lending, brokerage),Internal network servers,Core processing system,Programming support, andAutomated decision support systems.These components work together to deliver e-banking services. Each componentrepresents a control point to consider.Through a combination of internal and outsourced solutions, management has manyalternatives when determining the overall system configuration for the variouscomponents of an e-banking system. However, for the sake of simplicity, this bookletpresents only two basic variations. First, one or more technology service providers canhost the e-banking application and numerous network components as illustrated in thefollowing diagram. In this configuration, the institution’s service provider hosts theinstitution’s website, Internet banking server, firewall, and intrusion detection system.While the institution does not have to manage the daily administration of thesecomponent systems, its management and board remain responsible for the content,performance, and security of the e-banking system
E-BANKING SUPPORT SERVICES
In addition to traditional banking products and services, financial institutions can providea variety of services that have been designed or adapted to support e-commerce.Management should understand these services and the risks they pose to the institution.This section discusses some of the most common support services: web linking, accountaggregation, electronic authentication, website hosting, payments for e-commerce, andwireless banking activities.
A large number of financial institutions maintain sites on the World Wide Web. Some