Electronic Banking Services in Economy Based on Knowledge

The term "electronic banking" or "ebanking" covers both computer and telephone banking. Using computer banking, a charity’s computer either dials directly into its bank's computer or gains access to the bank’s computer over the internet. Using telephone banking, the charity...

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Published inAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie Vol. 1; no. 1; pp. 49 - 68
Main Author Rabontu, Cecilia Irina
Format Journal Article
LanguageEnglish
Published Constantin Brancusi University, Faculty of Economics 01.05.2009
Academica Brâncuşi
SeriesAnnals - Economy Series
Subjects
banking system
electronic banking
internet banking
internet-based payments
telephone banking
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Summary:The term "electronic banking" or "ebanking" covers both computer and telephone banking. Using computer banking, a charity’s computer either dials directly into its bank's computer or gains access to the bank’s computer over the internet. Using telephone banking, the charity controls its bank accounts by giving the bank instructions over the telephone. Both computer and telephone banking involve the use of passwords which give access to the charity’s accounts.Technological innovation and competition among existing banking organizations have allowed a wider array of banking products and services to become accessible and delivered through the Internet. The rapid development of e-banking capabilities carries risks as well as benefits. The bankers are to recognize, address and manage banking institutions in a prudent manner according to the fundamental characteristics and challenges of e-banking services.
ISSN:1844-7007