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E-banking
E-banking
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Methods to secure cell phone while using e-banking.To access to e-banking you should use some electronic devices such as laptop, cellphone… etc. The majority of access e-banking by cellphone increase rapidly each year. Using online banking by cell phone will force the sensitive information to travel from the cell phone device to the bank website.to protect this important information ,expert suggest some rules or tips .This rules can decline the e-banking risks by smartphone more than 40%.The rules as following :Treat Your Phone as Your Computer.If we bank online, we must make sure our laptops protected from hackers and worms. How we do this is by using some application against worms and prevent hackers from access your devices. We also shouldn't save any password or sensitive information on our workstations or mobiles. Many of us don't know exactly how do we protect our smartphone? Firstly we should set up a password for the smartphone or any other devices that contain our secure data. We can perform this by going to our phone's settings. For example, On an Android looks for the Location & Security setting and on IPhone looks for Passcode Lock. It is also strongly recommend download software security to secure the cellphone from attacker as hackers and worms.Utilize Remote Access.One of the main dangers with mobile banking is that it's common to misplace or lose the cell phone in some places. We should think about it, we need to find a way to track down our smartphone. Different cell phones have different software that is doing this. For example, Lookout software for blackberry .These software helps the user to find their software. Additionally, some of this software have a feature of wipe or delete the information in the device ...
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...id Steve Dispensa. "Now, it's easier than ever for banks to deploy Phone Factor, regardless of their online banking systems. Banks can take control of the implementation timeline and quickly roll the service out to their users." (Spano, 2010)
No specific security tokens are required for the phone factor messaging and there are no certificates or the software that are needed to deploy to the final user. Therefore, the overall enrollment procedure is completely automated. There is no need to train the users, rather only a little support is needed to the user for this purpose.
The user’s acceptance for the purpose of Phone Factor is now continue to develop and increase rapidly in all type of industries, but the authenticated use along with the security make it really ideal for the e-banking. In the modern era, the Phone Factor messaging is being use on a large scale.
Protection methods for your mobile phone or smartphone are important to help protect it from attacks. Activate encryption and remote wiping capabilities. Use the same security methods for email and text messages that use the same protocol as computers.
Ring! Ring! Hello. Every second billions of cell phones calls occur across the globe. Cell phones have made it so that humans can communicate with each other at ease. Since the telephone’s invention in 1876, it has made human communication easier and added to the convenience of life. Being able to talk to a person that is hundreds, or even thousands of miles away has enhanced our forms of communication. However, when the invention of the first telephone came about, it was only for the elite and required enormous and heavy equipment in order for it to be operable, thus many did not own one. Telephones became major in the 1900s; and eventually a new innovation, the cellular phone, came about in 1973, but still a handful of people did not rely on them, or care for them. The first cell phone was of considerable size and was not available for everyone until around 1992. There are close to 6.8 billion cell phone subscriptions currently and most phones are considered smart phones, cell phones that integrate email, internet, and apps on a touch screen handheld device. The volume of subscriptions of phones are rapidly growing. With the
Phones have come a long way from their beginnings. When the first phone was developed, a mere phone call took up to ten minutes just to connect. The calls made on this phone would go through a system of connections where the caller would have to state who they were calling and where the person lived. It would be many years later that a telephone would be created that made use of a dial, which made calling easier. In 1963, the first pushbutton telephone was distributed by the company, Bell Telephone. In 1983, the first cellular device, the Motorola DynaTAC 8000X, was created, which took the world by storm. Soon later, miniature computers were being put in these devices, allowing the user to browse parts of the web while on their cellular device. Yet we wouldn’t see a product that allowed us to browse the web, communicate with others, and let us store music and run apps, until 2007. (ht...
Millions of people all around the world are using Smartphones, like iPhones, which turns out to be crucial part of our lives. We are using them not only for calling but we also store unbelievably huge amount of personal information. We have there all our contacts, calls and messages and all our pictures that we save and keep in the phones. A
During the last 10 years the development of mobile telephony is phenomenal. Now we can even access internet on cellphones. By using Wireless Application Protocol the user can access information from the internet, and the services like SMS makes the connectivity too simple.
Telecommunications gained mainstream attention in the early 90’s; however the initial key market was business men and women, who used their phones whilst being on the move and so allowing them to communicate with their companies with ease. Though in the modern era, telecommunication went through segmentation in the market trends, and now in this day and age it would be difficult to find someone who does not own some form of mobile technology. Many phone providers battle to provide the best service for their customers (Figure 1).
Another pivotal issue was that of the multichannel integration—call center, branch, ATM, and Internet—which is immensely important for large financial institution like ICBC to attract and retain customers with the promise of “anytime, anywhere” account access. Customers are eager to have the kind of flexibility to use whichever channel is most appropriate at a particular time. Continuing with the same point the, ICBC was also concerned about the relative penetration of the existing as well as new customer base to gain access to the banks new technological proposition.
Sujithra, M., & Padmavathi, G. (2012). Mobile Device Security: A Survey on Mobile Device Threats, Vulnerabilities and their Defensive Mechanism. International Journal of Computer Applications.
In today’s world, a Smartphone has become essential part of daily life. There was a time when transactions happened through barter system. Thereafter was the emergence of notes and coins. And presently, the world is moving towards the “Digital Wallet”. Due to technology, mobile users can use their Smartphone to make money transactions or payments by using applications installed in their phone. Digital wallet system is an essential part of electronic commerce. E-commerce provides the capability of trading on the internet. A digital wallet is a virtual service used as a substitute for physical cash. The present study tries to study the various factors that can affect a consumer’s
The first mobile cell phone was released by Motorola in the year 1973 although it was not technically a mobile phone,. They were two-way radios that allowed people to communicate. This was important because it did not have to rely on base stations with separate cells, the first mobile phone network involved a powerful base station covering a much wider area. There are many people who say they cannot live without, let alone, think about not having a cell phone in their lives. Cell phone are a big part of our society today because of how much people rely on them in their everyday lives. It is rare nowadays to hear someone say that they do not have any type of cell phone. Ninety-one percent of Americans in America have some type of cell phone.
countries and has about forty million customers for today. In most of these countries it supports bank withdrawal service
Since the invention of the cell phones, in 1973, it has quickly become the most popular device used especially today during the twenty-first century. Due to its hands-free-easy-to-use design, the amount of people that own a cell phone is rapidly increasing. The useful text messaging feature has proved to be extremely useful in current times. Along with these helpful features, the cell phone is easily accessible and more portable. The majority of phone companies offer a 3G or 4G data plan, meaning internet access can be found on your phone almost anywhere, at any time. In addition to its easy portability, the cell phone is a very useful and helpful device, allowing one to stay connected to the outer world. “With a smartphone, you can connect to the Web from virtually anywhere. You ...
Communication modern technological tools that have been enhanced by Information Technology are having an impact on changing the very structure and communication of banking. That is, clients are enabled to make their banking transactions whenever and wherever they want. Bank clients, by just logging on their online account, can transfer any amount of money from their account to any other account, check their last processed banking transactions and apply for loans and other banking services. According to Keyes ( 2000, p.591) 'electronic checks provide consumers with the benefits of convenience and safety while allowing billers to maintain their existing depository relationships with their banks'. Further, e-mails has enabled bank employees to notify their customers of any new enhanced bankin...
Since its inception, the telephone has become one of the most important inventions of all time. Although some were skeptical about its replacement over telegrams, in the end the advent of this fine communication equipment has won the hearts of many. As a matter of fact, the telephone system had come to numerous facelifts that it literally connected the world before the internet was born. Because of its importance, homes and businesses can not live without it. In the U.S. alone, most if not all have a phone in the house.
Making a telephone call no longer should conjure up visions of operators connecting cables by hand or even of electrical signals causing relays to click into place and effect connections during dialing. The telephone system now is just a multilevel computer network with software switches in the network nodes to route calls get through much more quickly and reliably than they did in the past. A disadvantage is the potential for dramatic and widespread failures; for as has happened.