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Online banking is a good analogy for many things that are taking place in the online world.
The banks have rapidly realised that online banking does not allow them to close all their branches.
Horizon now includes smartcard compatibility and opens the door for the provision of online banking services throughout the post office network.
Online banking and travelling long distances are not options for many, especially for old people.
The system is built upon the bankgiro system used for online banking.
He also predicted music and movie downloads, online shopping, access to online encyclopedias and newspapers and the widespread use of online banking transactions.
Financial institutions offer the software free of charge with a view to making online banking safer for customers.
For example, rather than typing in your online banking password into a web browser, you would type in a meaningless token instead.
Especially with the increased popularity of online banking, households are able to keep greater percentages of their wealth in non-cash instruments.
The technology's most consistent growth has been in banking, serving fraud detection, online banking, and multichannel marketing initiatives.
In 2010, the company updated its online banking system with features such as account alerts, secure messaging, and external transfers.
Their initial focus was on providing a state of the art online banking service.
It is largely similar to the online banking services offered by other banks, with the exception of its function to issue electronic bank cheques.
In 80 percent of the cases, the source of the intrusion is unknown but it occurred during online banking, the report states.
Though single password authentication is still in use, it by itself is not considered secure enough for online banking in some countries.
