e-banking


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e-banking

n
(Banking & Finance) the use of the internet for banking transactions
[C20: from e-2 + banking]
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References in periodicals archive ?
Global Banking News-October 9, 2017--Monaize to expand e-banking platform
This shift to e-banking or digitisation brings with it security threats and strong competition.
NBE plans to have a million users of the bank's new integrated e-banking services gateway within the coming three fiscal years, he said, noting that some 450,000 clients are currently using NBE's e-banking services.
Therefore, Worldcoo has set its goal to revolutionise crowdfunding cooperation in e-commerce and e-banking to reverse this trend and thus have a big, positive social impact.
Infosys Finacle has reached an agreement with Bank Leumi (UK) PLC, to replace its existing e-banking system with Finacle Corporate e-banking solution, the company said.
This was stated by e-banking expert Mohammad Arshad Moughal while delivering a lecture on increasing importance of e-banking to the students of Mohammad Ali Jinnah University, Karachi which was arranged by Computer Society of the University, said a statement on Wednesday.
With the risk factor being its Achilles heel the advanced economies not only keep on improving on rules and regulations but also timely alert users of e-banking about the latest moves and techniques of the unscrupulous.
Our new website is adaptive and will form the platform for the next generation of e-banking services that will delight our customers," said Shrouq Al-Hadyan, e-banking manager at Riyad Bank.
These statistics show that despite the 2-digit increase in the number of e-banking users, which banks have been citing, few are those who actually use e-banking for making payments and to most e-banking is just checking the balance of their accounts online.
However, customers have not adopted B2C e-commerce and e-banking in the same degree, primarily because of risk concerns [11] and trust-related issues [10], In essence, customers simply have not enough trust on most of the web merchants to engage in relationship exchanges with them.
In another definition, e-banking can cover any banking services that do not limit customer in terms of physical presence in a particular location while banking services are carried out using electronic instruments (Liao, Cheung, 2002).
Al Hilal Bank has successfully implemented the Infosys Finacle e-Banking solution, enabling the Shari'ah-compliant bank to provide a full range of internet banking services to its corporate clients.