This document discusses e-banking and security measures. It provides an overview of e-banking, including its history and how it has reduced manual work. It describes common e-banking operations like funds transfers, downloading transaction information, and loan applications. The document also discusses phishing techniques used by fraudsters to steal personal information. Finally, it outlines measures users can take to avoid e-banking fraud, such as being suspicious of urgent emails requesting financial details and knowing a bank will never ask for passwords via email.

1. Σ

2. TOPICS :
@ Σ BANKING – An Introduction
@ Σ BANKING – History
@ Σ BANKING –SYSTEM
@ Σ BANKING – Merits
@ Σ BANKING – Demerits
@ PHISHING & PHISHING
Techniques
@ Measures to avoid Σ BANKING
Fraud
@ Points To Remember

3. @ An Increasing trend.
@ An Increase in frauds being
done via e-banking.
@ Enables faster transaction of
“MONEY.”
@ Unawareness of banking among people.

4. @ E-banking is a facility provided by banks.
@ It enables user to access his account and
carry out all banking transactions at
any place & time.
E-banking- An Overview
@ It has reduced manual Hard work.
@ The concept of e-banking has become a revolution in the
field of banking and finance.

5. @ The concept of E-banking has
been developed in parallel lines
with world wide web.
History Of -banking :
@ The process of banking data base and
the programmers working on them came
up with the idea of E-banking.
@ Emergence of the concept of E-shopping and
use of credit cards boomed the development
of E-banking.

6. @ The first internet banking service in U.K
was launched by Nottingham Building
Society in 1983.
@ This system was derived from a system
known as Prestel, that is deployed by the
Postal service department in U.K.
History Of -banking :
@ The first online banking service was
successfully introduced by Stanford
Federal Credit Union in 1994 in U.S.A .
@ Now, the online banking services are
getting more & more established due to
the well developed systems.

7. @ Cash management
@ Wire transfers
@ Bill presentment and payment
@ Balance inquiries
@ E-banking provides beneficial banking services
to corporate and individual clients, by using
their computers, laptop, internet etc they
could access it regardless of time and location.
Operations in E-banking system
includes :
Internet Banking System :
@ Funds transfers
@ Downloading
transaction information
@ Loan applications
@ Investment activity

8. USER SESSIONS :
It shows the date and time when the user accessed the
pages of internet banking system.

9. @ User is able to transfer
amounts from an A/C
to another.
TRANSFERS :
@ He has to specify the debit
and the credit A/C,
the amount, the currency,
and the effective date of
the transfer.

10. Using this
page, the user
can transfer
amounts from
a selected
debit A/C to
many Credit
A/C’s.
Using this
page , the
user can
transfer a
amounts from
a selected
credit A/C to
many Debit
A/C’s.
In this page,
the user enters
the amount to
be paid to
each A/C.
ONE TO MANY
TRANSFER
MANY TO ONE
TRANSFER PAYROLL
TRANSFERS :

11. WEB PAGE OF ICICI BANK

12. @ No more standing in queues.
-Banking Merits :
@ Opening of Bank A/C’s is quite
simple & easy and so is closing of it.
@ E-banking helps the user to access
information regarding his A/C and
transactions.

13. @ Fund transfers, both national and international
have become faster and convenient.
-Banking Merits :
@ Activities such as stock trading, exchanging
bonds and other investments with the help of
E banking have become quite productive.

14. -Banking Demerits :
@ Security of the user’s bank A/C
is at stake.
@ E-banking cannot be easily understood
by a common man especially of a country
like India.
@ The user can become a victim of
computer hacking.

15. PHISHING :
What is phishing ?
@ Phishing is the use of e-mails to attract
the user onto a fake bank website
to steal all the personal information
of the user.
The user will open
the fake email
A request for
information from
your bank
through a link
Click on the link
and will be logged
on to a fake bank
website.
The user will end
up giving all kinds
of valuable
information.
@ Phishing process

16. PHISHING TECHNIQUES,HISTORY & SOME FACTS :
@ Phishing techniques were discovered in 1987 but were first recorded
in the year 1996.
@ The term phishing was derived from the
term fishing.
@ It is an another form of internet scam
@ It is an criminally fraudulent process.
@ Usual ways of practicing phishing are electronic mail or
instant messaging.

18. Measures To Avoid E-Banking Fraud.
Frauds
• Look a like
sites
• Email which
requires urgent
financial
information.
Measures
• Typing of
BANK’S web
address
carefully.
• Answer to such
email’s only
after
confirming
with the bank.

19. @ The user should be suspicious of any email with urgent requests
for personal financial information.They typically ask for
information such as usernames, passwords, credit card
numbers, social security numbers, date of birth,etc.

20. @ A legitimate Internet Banking Operation will never ask for the
user’s password through mail’s.
Points To Remember :
@ Do have a look at the “s” written after “http” whenever you
enter your bank website
@ A feeling of satisfaction.

21. @ www.google.com
Bibliography:
@ http://:www.banknet.india.com
@ http://:correctbanking.com
@ http://:buzzle.com/articles
@ http://:en.wikipedia.org/online banking

22. THANK YOU