A Study on Transformation in e-Banking

Abstract

The evolution of banking has undergone a significant transformation over the past few decades, with the advent of electronic
banking (e-banking) being at the forefront of this change. E-banking refers to the use of digital platforms to conduct financial transactions and access banking services via electronic devices such as computers, smartphones, and ATMs. This project explores the concept, development, and impact of e-banking in the modern financial system, examining how it has reshaped the way individuals and businesses engage with financial institutions. The primary aim of this project is to provide a comprehensive understanding of e-banking services, including online banking, mobile banking, and digital payment systems, and their influence on the banking industry, customer convenience, and financial accessibility. The project will also focus on the security challenges associated with e-banking, addressing concerns like cybersecurity threats, fraud prevention, and the role of regulatory frameworks in safeguarding digital transactions.