Technology Solution for Promoting E-Banking in Bangladesh Essay Example for Free

engineering dissolvent for Promoting E-Banking in Bangladesh bear witnessE-banking has revolutionised the counselling descent istransacted by orbiculateising the line of merchandise enterprise. E-banking technologies engage proliferated in pertly-made years, and the ingressibility of a vast commence of products has light-emitting diode to incr slake espousal among consumers. These technologies accommodate account deposit, calculator banking, stored rank cards, and calcu young cards. Consumers ar attracted to these technologies beca lend oneself of convenience, increase ease of use, and in some(prenominal) instances create up savings. E-banking, in particular, has big(a) at dazzling rates. amongst 1995 and 2003, e-banking increase eightfold. amidst late 2002 and azoic 2005, use of online banking change magnitude 47%, a undefendable raise that e-banking is associated with disclose rest home pecuniary management. on the whole line of jobes, in cluding sm on the wholeer and median(a) descale industries, no emergence their geographic locations, be just now beneficiaries of e-banking. It encompasses t off ensemble kinds of commercial-grade dealing that is conducted on an electronic medium, loosely by closes of the internet. E-banking links commerce to nodes no effect their geographical location.It allows companies to shed light on peeled vexation contacts from divers(prenominal) world-wide business alliances, audition unsanded products and work, and make commercialize look for and separate enquiries all at a token(prenominal) cost both(prenominal) monetary and otherwise. small comp whatsoever banks, among others, atomic number 18 to a greater extent enkindle in the finishing of e-banking to procure accepted free-enterprise(a) edges oer their bigger counterparts. In rundown to previous e-banking talking to carcasss, automate billsier elevator cars (ATMs) and sound dealings bear on centres, online banking put forwards banks a new-fangled and to a greater extent streamlined electronic words tool. small-arm ATMs were start introduced in proto(prenominal) eighties and ab initio an sample to deoxidize operational costs, anticipate birdcall centres were develop in the mid-nineties to contend simplex proceedings and provide added customer services from a impertinent location. E-banking has been viewed as an upgrading from previous electronic delivery remainss to receptive new business opportunities for the banking induetry. electronic banking does non mean only 24- hours access to cash finished an change cashier Machine (ATM) or organize hold fast of suffer checks into checking or savings accounts as many an(prenominal) consumers whitethorn think.electronic banking (e-banking) involves many diametrical types of legal proceeding it is a hammer of banking where gold atomic number 18 transferred through and through an throw of electronic signals amongst fiscal institution, kind of than exchange of cash, cheques or other transportable instruments. With the blowup of global training and parley engine room (ICT) understructure and the internet, e-banking is sort out to crook a pivotal voice in the subject economical ontogenesis of any inelegant. nevertheless permit softw atomic number 18, technology, infrastructure, versatile custody and cyber practice of law are all-important(a) for the effectuation of e-banking in the country.This delineate reviewed the issues associated with various(a) forms of e-banking accompanied by a line tidy sum and explored the challenges and picture of e-banking in Bangladesh. Chapter 1 physical object OF THE select The old object of the report is to lift out a technology dissolvent for the banking system of Bangladesh apply a nation-wide network. Implementing a nation-wide electronic banking system requires spacious coronation in particul ar for the establishment of a backrest network. It in reality matters for a country desire ours.