A cram on the shortcomings of Internet Banking

Kiruthiga.V

doi:https://doi.org/10.14445/23939125/IJEMS-V4I2P104

Research Article | Open Access

Volume 4 | Issue 2 | Year 2017 | Article Id. IJEMS-V4I2P104 | DOI : https://doi.org/10.14445/23939125/IJEMS-V4I2P104

A cram on the shortcomings of Internet Banking

Kiruthiga.V, Magesh.R

Citation :

Kiruthiga.V, Magesh.R, "A cram on the shortcomings of Internet Banking," International Journal of Economics and Management Studies, vol. 4, no. 2, pp. 23-24, 2017. Crossref, https://doi.org/10.14445/23939125/IJEMS-V4I2P104

Abstract

A convenient and comfortable form of banking which can be performed from home to or office is referred as internet banking. In contrast with the traditional branch banking, the internet/ online banking is directly connected to core banking. All the services including bill payments which are available in a local bank branch can be conducted through online banking. Although there are many advantages associated with internet banking, nothing comes without a disadvantage. The author emphasizes on three disadvantages, namely, safety, concerns towards the site and user-friendliness of online banking.

Keywords

Internet banking, safety, site, userfriendliness.

References

[1] Safe Internet Banking". GOBankingRates. FDIC. 2017-02-11. Retrieved 2016-07-20.
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[3] Lampson Butler W. Computer Security in the Real World, Annual Computer Security Applications Conference, 2000