E-BANKING a aIntroduction E-Banking or Electronic Banking is a major innovation in the field of Banking. Earlier Banking was conducted in a very traditional manner, there were no such innovations. Information revolution led to the evolution of internet , which lead to E-Commerce continued by evolution of E- SeratoHistory Of E-Banking E-Banking History dates back to 1980s. The term online became popular in the late '80s and referred to the use of a terminal, keyboard and TV (or monitor) to access the banking system using a phone hile Stanford federal credit union was the first who offer online internet banking services to all of its members in 1994. Later on snapped up by other banks like Well Fargo, Chase Manhattan and Security First Bank.What Is an E-Bank? SUCH O re Mer) erem OTS SST oe ~ Customer desk at bank’s building Office hours from 8.00 am to 7.00 pm Customers have: See WiC tmn eee tari romUnee rh Family or other activities after the job What can we do about it?E-BANKING Modern banking is virtual banking. Virtual Banking means a customer cannot see the bank but with the help of technology he can conduct the banking activities anywhere in the world. The major types of virtual banking services includes: Automated Teller Machines (ATMs) Smart Cards Phone banking Home banking Internet bankingElectronic Delivery Channels Today’s banks are offering various delivery channels to provide products & services to their customers. SUP UENS opebeeH Bore Teme EUR mote products & services and also in marketing them more effectively The major channels are :- PNAC Smart Cards Telebanking Internet bankingAutomated Teller Machines (ATMs) ATMs are widely used electronic channels in banking. It is a computer controlled device at which the customers can make withdrawals, check balance without involving any individuals. To use this system customers are given a plastic card which COTTE N TRUNNION om Ln o-caeeCecerey TTT Customer is given a pin number. Whenever he wants to use it he needs to enter pin number. Mostly ATMs are near to branches but nowadays ATMs are available at places like malls, theaters, stations etc.Smart Cards Itis a chip based card (micro chip containing monetary value) When a transaction is made using the card, the value is debited & balances comes down. It is used for making purchases without the lal=t=re Kolar Ua 108 It is a powerful card which carries out functions of ATM card , Credit Card , Debit Card.Internet Banking ~ It has helped in banking at the click of a Pinole ~ In internet banking , customer of a bank with a pe can log on to the bank website & conduct basic functions. Welcome to Internet Banking 2 L ICICI BankAdvantages of E-Banking Round the clock banking. User friendly. Low cost. Portable banking. Quality banking. © Speed banking.Limitations of E-Banking Start-up cost. Training & maintenance. Security. Legal issues.Online Banking Frauds » While online banking has been around for many years, but no cases of fraud have been reported until recently. Since the beginning of the year 2004, reports of fraud cases nearly explode.Rehr yiits et ai ae piags his iy a [rr | * pra © Skimming is a more advanced version of an identity theft. Fraudsters illegally copy the information from the magnetic strip on the back of your plastic without interfering with the Seattle PINTO TRCPRESENTED BY- MR. GAURAV B RANE