Search results
Results from the WOW.Com Content Network
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
A digital bank represents a virtual process that includes online banking, mobile banking, and beyond. As an end-to-end platform, digital banking must encompass the front end that consumers see, the back end that bankers see through their servers and admin control panels, and the middleware that connects these nodes.
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose. Mobile ...
An online bank works like your everyday bank, only without the network of physical locations you'll find with a banking chain like Chase or Capital One. With an online bank, your banking tasks are ...
Digital banking is a trend in the banking sector where consumers primarily engage in banking activities – such as managing accounts, paying bills and making everyday purchases – online or on a ...
Online banking over the Internet to perform multiple types of transactions; Mobile banking is using one's mobile phone to conduct banking transactions; Telephone banking allows customers to conduct transactions over the telephone with an automated attendant, or when requested, with a telephone operator
UML class diagram depicting a bank account. Advancements in Internet and information technology reduced manual work in banks and increased efficiency. Computer software is developed to perform core operations of banking like recording of transactions, passbook maintenance, interest calculations on loans and deposits, customer records, the balance of payments, and withdrawal.
eCRM – All of the traditional methods are used in addition to Internet, email, wireless, and PDA technologies. System interface. CRM – Implements the use of ERP systems, emphasis is on the back-end. eCRM – Geared more toward front end, which interacts with the back-end through use of ERP systems, data warehouses, and data marts.