Abstract
This paper is a personal research project about online banking in the United Kingdom. It describes its history, how it works, security issues and its advantages and it introduces online banking facilities. It provides an appendix summarizing the services of each of the main British banks.

Table of Contents
What is online banking?
How online banking works
The security of online banking
The advantages of online banking
The disadvantages of online banking
Prediction of the prospects of online banking.

From the Paper
"The online banking will be a step to a new stage in the future. By that time, the banks will definitely offering more attractive services online and the competition of online banking will be complicated because more banks will have online banking services. Another progression is the development of wireless banking such as Digital TV and Mobile banking or so called WAP (Wireless Application Protocol). Nowadays, mobile phones are used everywhere, and many leading telecom companies and software companies have joined the WAP forum. Such as Nokia, Ericsson and Motorola."

Tags:banking, britain, hsbc, natwest, online, database, download

Abstract
In this paper the author looks at the huge potential of online banking as a result of the Y2K scare.He focuses on how there will be a tremendous shift in the economic ramifications of this industry within the space of a very short span of time .Finally the paper concludes with the tremendous growth of the online banking industry and how it is also helping, not hindering, employment.

From the Paper
"Keep in mind these are just a few of the bare minimum rules and regulations banking and other financial institutions are pledged to uphold. Before entering into any online banking relationship with any bank you choose be absolutely certain you study and completely understand all the fine print of any contractual agreement entered into. If one is uncertain of the language legal help should be sought, outside the banking institution so that you do understand."

Tags:financial, account, cash, flow, bank, computer, privacy

Abstract
The literature presented in this paper shows that the online banking service is vulnerable to attacks from Internet-savvy hackers and thieves. The paper argues that it is not totally safe to perform online banking and bases this opinion on the facts as presented in the body of literature available. It explains that the most important thing a customer can do - and banks can do - is stay informed and utilize cutting edge security systems, including virus scans and virus removers. Another important thing a customer should do is make sure that he or she is protected against financial loss, in particular if the bank is responsible for the breach in security. It concludes that if a bank refuses to offer written contractual assurance against Internet theft as a result of flaws in its server or other technologies, a customer would be wise to change banks.
Security on the Web - What are the Key Issues for Major Banks?
Abstract
Introduction
The Internet's History
Online Banking: The Problems, the Concerns, and the Possible Solutions
Cyber Corruption
Conclusion

From the Paper
"The age of digital technology - email, Web-driven high-speed communication and information, online commerce, and more - has been in place now for several years, and has been touted as a "revolutionary" technological breakthrough, and for good reason: This technology presents enormous new business opportunities. For example, by moving the key element of marketing and sales from local and regional strategies onto the global stage, and by providing dramatically improved customer convenience, the Web offers medium, small and large companies - including banks - unlimited growth potential."

Tags:hackers, safety, internet

Abstract
This paper is written on online banking considering advantages and disadvantages. The advent of the Internet has been revolutionary, and has affected an array of human activities ranging from shopping, banking, and booking holidays, to data collection, information distribution and communication.

Abstract
This paper describes an integrated process of project management, operations management, and information management to plan and execute an online banking overhaul for a (fictional) Sun Valley Bank. Each type of business management is outlined step-by-step, and suggestions are made for how each ties into the other in order to improve company performance.

From the Paper
"With the proliferation of today's consumer and business financial needs, coupled with available technology solutions, easing of regulatory constraints, and willingness of new players to enter the marketplace, banks face more competition than ever from financial product providers that traditionally were not significant players in the banking industry (Bitler, Robb, and Wolken, 2001, p. 184)."

Tags:business, management, project

Abstract
This paper describes the privacy issues inherent in online banking, as well as practices in live banking. The paper describes the problems of online privacy and explains how certain practices, such as fingerprinting, have cut both bank fraud and more serious crimes. The author contends that because there are inherent risks to customer privacy, it is essential that there be a single standard for bank security and reporting to federal agencies.

From the Paper
"So indeed, why should bankers be turned into federal snoops? The proposal is supposed to attack money-laundering techniques employed by drug traffickers and other criminals who hide illegal profits. Such methods include wire transfers, bank drafts and "smurfing," the practice of cutting transactions into lesser amounts that don't have to be reported as suspicious under the $10,000 bank-reporting laws established under President Reagan. (Maier, 1999)"

Tags:federal, banking, internet, online, privacy

Abstract
With the advent of the Internet and global connectivity, net banking is becoming increasingly popular all over the world. This paper discusses the nitty-gritty of net banking, the evolution, the merits and advantages of online banking, and also the disadvantages and limitations of this 20th century development.

From the Paper
"Banks see their online banking services as a means of customer retention and cost saving. From a customer perspective, online banking is convenient and provides savings in both time and costs. This is due to banking being accessible 24/7 from the home or office, the need for visits to the physical branch is reduced and banks passing their reduced costs to the customer in the form of lower fees and higher interest rates. However, Online banks must provide a service that is user-friendly and should instill trust in customers that the level of security provided will protect their transactions and personal information. Online banks face the challenges of ensuring that their security and privacy measures keep up with the rapid developments in technology. Also, it is important that banks integrate their online services as an extension of the existing services through their brick-and-mortar branches."

Tags:atm, ebanking, internet, security, socket

Abstract
Internet marketing not only plays a substantial role in the exchange of goods and services but now, more than ever, the exchange of money has become a marketable aspect of this new and growing market. Three methods of exchange are of interest to this research and also to consumers and marketing professionals. This work addresses PayPal, the RBC (Royal Bank) and also takes a broader look at the alternative exchange systems of credit card transaction processing. In these three methods there are clear indications of change in both demand and reliability.

From the Paper
"The debate of the nature of online banking as a classification of a stand alone service or an extension of services is a deep one, as many individuals and corporations become more and more aware of the options associated with the changes in banking over the last twenty years. For most companies and individuals, online banking is an extension of the services already provided by their existing bank and yet consumers are also repeatedly being asked to review competitors through services only available online."

Tags:global, economy, ebay, Western, Union

Abstract
This paper examines the extra risk involved in online banking over the traditional brick-and-mortar channel. The paper presents several examples of breaches of security concerning on-line banking. The paper contends that ultimately banks will have to determine if the benefits outweigh the negatives and will have to continue to innovate security measures to make online banking safer.

From the Paper
"Security is one of the major concerns of online banking and has not been completely addressed. Growth in complaints about electronic funds transfer fraud has already doubled since 2002 even as banks have gotten more security savvy (Sullivan, 2005). The risk for banks is great, stemming from investments in a banking channel that could see negative growth as fraud proliferates and the possibility of increased liability, not just for their own security breaches, but for issues of their customers as well depending on the outcome of recently filed lawsuits."

Tags:internet, online, financial

Abstract
This paper states that technology is noted for increasing the overall efficiency of any business and banking is no exception. The paper focuses on more recent technological advances in banking-- digitization, on-line banking and systems integration for one-to-one marketing. The paper contends that these applications have dramatically altered the overall cost structure of banks and have completely transformed the way they now conduct business.

Outline
Introduction
Digitization
Online Banking
Customer Relationship Management
Conclusion

From the Paper
"Up until the late 1990s, institutions focused their technology strategies on the front end of the business. Data access in the back office continued to be mired in a myriad of costly manual business processes (Walker, 2005). Increasingly, digitization is being used to facilitate end-to-end process automation. Digitization formalizes, through technology, the business processes, content and associated metadata required for efficient business operations. It leverages a services-oriented architecture to create a more nimble business infrastructure that provides critical linkages, among the customer, the back office and emerging technologies. Gartner Dataquest forecasts double-digit licensing growth over the next four years for digitization tools such as content and document management and collaboration software because financial institutions are beginning to recognize the need to bring better cost control standardization, consistency and measurement to their business processes."

Tags:online, finances, digitization