1. ONLINE BANKING BTA 301 Presentation For Instructor Edwin Brocke
Made By: Marcie,Denise &Shivani

2. CONTENTS
History
Definition
Advantages
Disadvantages
Online Banking Growth
Security Risk
Conclusion

3. HISTORY Internet Banking
Online services started in New York in 1981 with four of the cities major banks :
Citibank
Chase Manhattan
Chemical
Manufactures Hanover
Offered home banking systems using video text.

4. What exactly is ONLINE BANKING? DEFINITION
Online banking allows a user to execute financial transactions via the internet. Online banking is also known as "internet banking" or "web banking." An online bank offers customers just about every service traditionally available through a local branch, including deposits, which is done online or through the mail, and online bill payment.
The remote delivery of new and traditional banking products and services through electronic delivery channels.

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

7. ADVANTAGES
Cost Less
Efficient
Speed banking
Anywhere, Anyhow Banking
Very Safe and Secure Method

8. DISADVANTAGES Security Threats Learning Difficulties
Lack of Skilled personnel
Technical Breakdowns

9. Online Banking Growth

10. SECURITY RISKS
Increasing number of fraudulent websites
Fake s purporting to be sent from banks.
Use of Trojan horse programs to capture user IDs and passwords

11. CONCLUSION
Banks aim to provide value added services and products to the consumer by utilizing the internet extensively.
The main aim of E-banking is conduct banking transaction via the web anywhere in the world. This is more beneficial to busy individuals and makes satisfied customers.

13. QUESTIONS & ANSWERS