a) State five reasons why banks provide e-banking services.
b) Describe about the implications for introducing internet banking services in a bank.
c) Describe diagrammatically and describe the transaction flow for the possible configuration in which a bank hosts the Internet banking application.
d) Name and compare the two primary types of Internet e-banking websites.
a) Define the term e-banking.
b) List and describe three types of e-banking services.
c) Illustrate five common components needed for implementing the e-banking.
d) Describe the three tools generally used by banks for managing the e-banking.
a) Define the term e-trading.
b) In brief define SEMATS and describe its relative features.
c) Describe five benefits of e-trading.
d) Compare an online broker to a traditional broker.
a) describe the procedure of bank wire transfer.
b) Describe four kinds of electronic frauds which might take place through e-banking.
c) Describe how money launderers try to use wire transfers to launder money.
d) Distinguish between encryption and decryption.