4. E-Banking or electronic banking is A major innovation in the field of banking. Information revolution led to the evolution of internet, internet led to the evolution of E-Commerce & E-Commerce led to the evolution of E-Banking.
5. “E-Banking is a facility under which the customers can perform basic banking transaction electronically, round the clock, throughout the world.” Information technology refers to the use of computers & telecommunication for producing storing, obtaining & sending information.
7. A system of banking in which customers can view their account details, pay bills, and transfer money by means of the internet. The remote delivery of new and traditional banking products and services through electronic delivery channels.
24. Ensuring security while banking online, is to keep your password and pin number a secret. The security of your personal computer is very important for safe internet banking. Therefore, always install antivirus software and software to remove spyware. Checking your bank statements regularly will help you detect any transaction that has taken place without your knowledge.
25. While banking through the internet, make sure that the banking session is secure. In addition, always remember to completely log off, after completing the banking session. Nowadays, the banking institutions have come up with a number of safety measures for ensuring secure internet banking.
27. E-banking is a generic term for delivery of banking services and products E-banking has improved efficiency and convenience The government of India enacted the IT act, 2000 It issued guidelines on risks and control in computer and telecommunication system
