Volume : VIII, Issue : II, February - 2019

ONLINE BANKING - AN OVERVIEW

Greeshma A

Abstract :

Online banking was first introduced in the early 1980s in New York, United States. Four major banks — Citibank, ChaseBank, ChemicalBank and ManufacturersHanover — offered home banking services. Chemical introduced its Pronto services for individuals and small businesses in 1983, which enabled individual and small-business clients to maintain electronic check book registers, see account balances, and transfer funds between checking and savings accounts. Pronto failed to attract enough customers to eak even and was abandoned in 1989. Other banks had a similar experience. Online banking is an electronic banking system that enable customer of a bank or other financial institution to conduct a wide range of financial transaction through the financial institutions web site. Internet banking portal provide personal banking core banking that gives us complete control over all banking demands online such as looking bank account balance, recent transaction. , make bill payment mini transaction etc

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Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

ONLINE BANKING - AN OVERVIEW, GREESHMA A GLOBAL JOURNAL FOR RESEARCH ANALYSIS : Volume-8 | Issue-2 | February-2019

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