International Journal of Social Science & Economic Research
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Title:
ELECTRONIC BANKING AND SECURITY THREATS

Authors:
Sali Bakare


Volume - 2 Issue - 7, Pages - 3992-4002

Abstract:
The banking industry has witnessed great changes in the last twenty years. Some of these changes include mergers, the growth of electronic banking, and consolidation of banks with other financial institutions such as insurance companies and investment banking firms. These changes have some positive impacts on bank's profitability, increased public's access to diverse financial services, and facilitated bank lending. Electronic banking (E-banking/EB) is becoming increasingly popular because it simplifies and speeds transactions. E-banking enables customers to bank conveniently at the corner of their homes and enhances profitability and productivity for banks. Although e-banking provided some benefits to the banks and their customers, it also brought along with it some security threats.

Cite this Article:

[Bakare, Sali. "ELECTRONIC BANKING AND SECURITY THREATS." International Journal of Social Science & Economic Research 2.7 (2017): 3992-4002. ]

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