This document presents information about online banking, including the types of individual data stored in online banking databases, such as account details, usernames, passwords, and personal information. It discusses the costs and benefits of both traditional banking and online banking. Some benefits of online banking include convenience, 24/7 availability, and easy access to transaction records, while costs may include time to learn the system and potential security and privacy concerns. The document also outlines various features of online banking, such as viewing statements and transferring funds between accounts. It provides screenshots of online banking interfaces and concludes that online banking aims to provide valuable services to customers through extensive internet utilization.
2. i.
WHAT IS ONLINE BANKING…………………………..3
ii. INVOLVEMENT OF DATABASE IN ONLINE BANKING……4
iii. INDIVIDUAL DATA STORE…………………………..5
iv. COSTS & BENEFITS TRADITIONAL BANKING………….6
v. COSTS & BENEFITS OG ONLINE BANKING…………….7
vi. DIFFERENT FEATURES………………………………..8
vii. OPENING & MAINTANING BANK ACCOUNT………….9
viii. ETHICAL & LEGAL RESPONSIBILITIES………………….10
ix. SCREEN SHOTS…………………………………..11-16
x. CONCLUSION……………………………………….17
3.
4.
5. The type of data stored about individuals
includes:
oAccount details such as balance.
oUsernames and passwords that enables to log on.
oPersonal details
6. WHAT ARE THE COSTS AND BENEFITS OF
TRADITIONAL BANKING?
Benefits of traditional banking may include
comfort of the familiar
confidence about privacy and security
availability of expert advice and customer service.
Costs of traditional banking may include
limited access
more paper to file
possible account fees.
7. WHAT ARE THE COSTS AND BENEFITS OF
ONLINE BANKING?
Benefits of online banking may include
convenience
24-7 availability
ease of updating transaction records.
Costs may include
time to learn system
concern about privacy and security
reduced relationship with bank
possible account fees.
8. Online banking usually offers features such as:
Up-to-date bank statements
Transfer of funds between the customer’s
different accounts
Account details of customer
Transaction history of customer
9. There are a number of steps through
which the customers go, when
banking
online.
Customers need to log on
Security information
Account information and services
available
Account details
10.
The databases maintaining a
good security system.
Not exposing the customers
data to the Bank employees.
Not exposing the customers
other identification details to
the public.
11. In this page customer & manager do everything after log in.
12. For money transfer from one
account to another account of same
user……
17.
Online banking is to making transactions
through online posses and make costumer
more beneficial.
The strategy of bank is to provide value
added services and products to the
customers, Utilizing the internet extensively.