Problem
a) (i) Name the two primary types of Internet e-banking websites.
(ii) Clearly differentiate between these two types of e-banking websites.
(iii) Outline the risks related with each one of them above.
b) (i) Describe what you understand by the term account aggregation using a suitable example.
(ii) List down the risks related with aggregation services.
c) E-banking risk is the potential that unexpected events can have an adverse impact on the bank earnings. One such type of risk is reputation risk.
(i) Define reputation risk.
(ii) What are the ways in which e-banking can influence an institution's reputation?