What is Banking Technology ? E-Banking (Electronic banking) implies the utilization of innovation which permits clients to perform banking exchanges electronically without visiting the Bank office. Online means direct connecting of an activity or gear to a PC framework. For banks it is a savvy mean for worldwide extension. • E-banking incorporate electronic assets move, electronic clearing administration and electronic installment or move media including the Mastercard, check card and shrewd card. Internet banking assists shoppers with defeating the constraints of spot and time as they can bank anyplace, whenever as these administrations are free 24 hours, 365 days per year with next to no actual restrictions of room like a particular bank office, city or locale. • Web Banking is the capacity to utilize one's PC to speak with one's bank. Web Banking and internet Banking is an outgrowth of PC banking. PC banking empowers clients to execute bank exchanges from their PC by means of modem through a monetary programming of the bank. All banks, which propose to offer web banking administrations, ought to acquire earlier endorsement from RBI. • Various routine issues which are basic in nature yet tedious can be dealt with through the web, Opening record, balance enquiries, FD restorations, demand for check books, unfamiliar trade rates, online bill installment demand, stop installment demand, demand for charge cards, online assets move and month to month articulation by email. • A framework by which an individual at home or in an office can utilize a PC with a modem to hit up data from a bank or to electronically move reserves. Home Banking • The act of going through with financial exchanges from home instead of at branch areas. Home banking by and large alludes to one or the other banking via phone or on the web. The main analyses with web banking began in the mid 1980s, yet it didn't become well known until the mid 1990s. • Portable banking • A framework permits clients of a monetary organization to lead various monetary exchanges through a cell phone like a cell phone. • Versatile financial contrasts from portable installments, which include the utilization of a cell phone to pay for labor and products.
• The earliest versatile financial administrations were presented over SMS, a help known as SMS banking. With the presentation of PDAs with WAP (remote application convention) support empowering the utilization of the versatile web in 1999, the primary European banks began to offer portable putting money on this stage to their clients.