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problem 1:

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.

problem 2:

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.

problem 3:

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.

problem 4:

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.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M96187

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