Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

problem 1:

a) E-banking is defined as the automated delivery of new and traditional banking products and services directly to customers via electronic and interactive communication channels.

i) List down any three banking products and services offered.
ii) Name three such electronic and interactive devices used.
iii) Why do we use the Internet as the latest distribution channel for e-banking products and services?

b) In addition to the traditional banking products and services, financial institutions can give a variety of services which have been designed or adapted to support the e-commerce.

i) Web linking and website hosting are two illustrations of such support services. Outline each one of them.
ii) List down the risks related with both support services illustrated above.

c) E-banking risk is the potential which unexpected events might have an adverse Impact on the bank earnings. One such kind of risk is credit risk.

i) Define the term credit risk.
ii) There are aspects of on-line loan origination and approval than tend to make risk management of the lending processes more challenging. If not correctly managed, such aspects can appreciably increase credit risk. In brief outline what are such aspects?

problem 2:

a) Distinguish between the given key terms used in any e-banking security system:

i) Authentication versus Authorization.
ii) Data Confidentiality versus Data Integrity.
iii) Access control versus Auditing.

b)

i) Distinguish between a technical attack and a non-technical attack giving an illustration of each to support your answer.
ii) Outline the difference between private key and public key cryptography.

c) Distinguish between physiological biometrics and behavioral biometrics. Give two exs of each biometric measurement above which can be used to recognize a person.

d) There are different risks associated in an e-banking network and there are different technologies which exist to make sure that the organization’s network boundaries are secure. Name and describe two such technologies. (Give diagram to support answer if essential).

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M96232

Have any Question? 


Related Questions in Basic Finance

Suppose the current exchange rate for the polish zloty is z

Suppose the current exchange rate for the Polish zloty is Z 2.36. The expected exchange rate in three years is Z 2.63. What is the difference in the annual inflation rates for the United States and Poland over this perio ...

1 what dangers are encountered by mortgagees and unreleased

1. What dangers are encountered by mortgagees and unreleased mortgagors when property is sold "subject to" a mortgage? 2. What is the difference between equity of redemption and statutory redemption? 3. What special adva ...

1 when should investors invest in money market securities2

1. When should investors invest in money market securities? 2. List the reasons for investing in Treasury securities (notes and bonds). 3. What are the advantages of inflation-indexed Treasury securities?

A using the table of critical values of t in appendix a-2

a. Using the table of critical values of t in Appendix A-2, find the critical value of t for an experiment in which there are 28 participants, using an alpha level of .05 for a one-tailed test b. Find the critical value ...

Newton is going to attempt to kill einstein by chopping him

Newton is going to attempt to kill Einstein by chopping him into pieces using the Newtonian Blades Death. The blades are separated by 1m and fall instantly and simultaneously. Einstein is 2m tall and flies from left to r ...

The risk free return is 01 expected return on the market

The risk free return is .01, expected return on the market portfolio is .08 and standard deviation of the return on the market portfolio is .02. What is the expected return on an efficient portfolio with a standard devia ...

Diversification- videosgo to wwwcnbccom and explore the

DIVERSIFICATION- VIDEOS Go to www.cnbc.com and explore the video tab using the key term diversification. As you learned in this unit, there are various sources of information. 1) Watch at least three videos you find, 2) ...

Discussion please use references bullwhat effect do

Discussion ** please use references ** • What effect do interest rates have on the calculation of future and present value? ( 125- words ) • How does the length of time affect future and present value? How do these two f ...

1 what benefits do flexible unit-load materials have in

1. What benefits do flexible unit-load materials have in contrast to rigid containers? How do return or reverse logistics considerations impact the two approaches? 2. What trade-offs are involved in the use of returnable ...

Mimi joined umuc basketball team since summer 2016 on

Mimi joined UMUC basketball team since summer 2016. On average, she is able to score 30% of the field goals. Assume she tries 15 field goals in a game. (a) Let X be the number of field goals that Mimi scores in the game. ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen