Banking Industries

IT IN BANKING



PRESENTED BY –

  

  



Deepak Srivastav Anshuman Mishra Ravi Mahali Yadav Abhishek Kr .

Discussion What is a bank?  Role of internet in banking.  Benefits of internet to the banking industry. 

Role of IT in banking. 

Challenges facing banks on provision of internet

banking services.

A Bank…. 

A financial institution where you can deposit your money.

  

Provides a system for easily transferring money from one person to another.



 



Role of internet in Banking

 

Account opening- online account & registration for credit cards. 

Wire based internet- personal computer based 

Wireless based internet- mobile phone based 

Paperless transaction- purchase over the internet 

Customer satisfaction- feedback or information by mail or telephone

 





Benefits of Internet to the banking Improved services- customers become more

aware 

Customers demand for sophisticated

services- force to become innovative. Ex.buying goods,bill pay via mobile  Penetration of the services- provide

banking to remote area Time saving-

Role Of It In Banking Phone banking 

Balance enquiry 

Cheque-book request 

Stop cheque payment 

ATM 



Cont.. Net banking

For account summary 

Download/view account

statement



On line credit card 

Bill payment 

Free fund transfer



Challenges facing banks on provision of internet banking servicesSystem security- hackers Virus infection- receiving virus Building customer confidence-

not educated

person

Dispute handing- paperless transaction Rapid technology changes- costly affair to the banks

Lack of technical knowledge-

due to rapid changes in technology results to heavy training costs for technical staff.

YOU

THANK