Question:
a) In the context of e-banking or e-commerce, outline some of the risks associated with informational websites and transactional websites.
b) In addition to traditional banking products and services, financial institutions can give a variety of services that have been designed or adapted to support e-commerce. Outline briefly some of the most common support services.
c) E-banking systems can vary in their configuration depending on a number of factors. Financial institutions should choose their e-banking system configuration based on four factors. Outline these four factors.
d) (i) Briefly explain what is e-trading.
(ii) Give three advantages of e-trading.
e) (i) Why do we use the Internet as the new distribution channel for e-banking products and services?
(ii) Outline some of the security threats that can influence customers in using e-banking services.