Internet Banking: Its Benefits and Flaws
“Antivirus”
The opening up of cyber arena for banks and other financial institutions has given rise to numerous opportunities, for them as well as their customers. Online banks bring in the convenience of operations and simplified financial transactions as opposed to traditional brick-and-mortar banks. However, their online presence is marked with some shortcomings as well. These shortcomings, if not dealt with appropriately, will affect the confidence of customers in online banking practices.