This document discusses internet banking. It provides a brief history of how internet banking began in New York City in 1981 when four major banks offered home banking services using videotext systems. It defines internet banking as conducting bank transactions online instead of in person. The document outlines the types of internet banking, how it works, the services provided, advantages like lower costs and convenience, disadvantages like security risks, and concludes that internet banking aims to provide valuable services to consumers by utilizing the internet.

1. Topic: internet banking
Made by: sneha shetty

2. contents
 History
 Definition
 Types
 Services
 Working
 Advantages
 Disadvantages
 Security
 Conclusion

3. history
Online services started in New York in
1981 when four of the city’s major
banks :
 Citibank
 Chase Manhattan
 Chemical
 Manufacturers Hanover
offered home banking services using
the videotext system.

4. What is internet banking
o Internet Banking allows you to conduct
bank transactions online, instead of
finding a bank and interacting with a
teller.
o In a broad sense, it is the use of
electronic means to transfer
funds directly from one account
to another, rather than by
cheque or cash.

5. definition
 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.

6. TYPES
 PC Banking
 Digital TV Banking
 Text Phone Banking
 Internet Banking

7. Uses of types of banking

8. SERVICES
Bill Payment
Credit Card
Insurance
Customer services
Recharging your prepaid phone
Shopping

9. Step 1: Access Internet Banking - Obtain your User ID and
Passwords.
Step 2: Create your Own Unique User ID.
Step 3: Link the Account Number to your User ID
Who can use internet banking

10. working
Web server
Internet front office
system
Bank back office
system
Internet
Security
subsystem
Branch office
terminals
User
SSL connection

11. First step in the setup process is making a plan.
1. What are the services to be installed?
2. What services bank could implement
in-house?
3. What services we could implement
through ASPs (out-of-house)?
4. Who are technology partners?
Application Service Providers

12. advantages
 Cost less
 Transaction speed
 Efficiency
 Speed banking
 Vast coverage

13. Issues in internet banking
 Security
 Learning difficulties
 Lack of skilled personnel
 Technical breakdowns
 Long start up time
 inexpensive

14. Security risks
 Increasing number of fraudulent
websites
 Fake emails purporting to be sent from
banks
 Use of trojan horse programs to
capture user ids and password

15. PROBLEMS
Spoofing
“How can I reassure
customers who come to
my site that they are
doing business with
me, not with a fake set up
to steal their credit card
numbers?”
EavesdroppingData Alteration
“How can I be certain that
my personal information
is not altered by online
eavesdroppers when they
enter into a secure
transaction on the Web?”
“How can I be certain that
my customers’ account
number information is not
accessible to online
eavesdroppers when they
enter into a secure
transaction on the Web?”
Security Problems

16. security
• 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.
 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.

17. conclusion
 The strategy of bank is to provide
value added services and products to
the consumer, utilizing the internet
extensively.
 The main aim of E-banking is to
making transactions through online
poses and make customer more
beneficial

18. Bibliography
1. www.en.wikipedia.org
2. www.bing.com
3. www.bankersonline.com
4. www.ehow.com
5. www.shareslide.net
6. www.hdfcbank.com

19. Any
questions???