The beginning of the banking outside the Bank was around 1995 in the country of Spain. Initially it started with using the phone to consult States account but not to be able to do more than know information. Some time later was incorporated in the United States where he continued and positioned in the internet which was developed to what it is today. First of all must differentiate electronic banking is not only which is made by internet. Electronic banking is the activity outside the Bank as well as by phone, ATM or other communication networks by definition. One of the great advantages of electronic banking is the convenience of being able to make transactions anytime, anywhere. Obviously this brings big time savings for the user and for the Bank.
The Bank must not be used staff for these finance transactions and the client makes these at any time. Online banking also brings a great benefit of transparency in the exchange of information. Since there is nothing hidden in the networks, it is very easy trace money movements, operations and even when there are threats in security. Customers can also enjoy personalized services and according to the needs that they have. Along with the great benefits, there are also things that customers have to be considered to adopt electronic banking. They have to be much more careful as there are risks of viruses, hacking information or confusion in banks online. If someone takes access to the personal information of another person, it may be something very serious and is punishable by law.
However, banks have very strong security extranet networks and have measures that the client can continue to avoid this issue. These measures include securely storing passwords, clean cookies in your computer to not remember form information and not use public computers to perform personal banking transactions. Electronic banking was one of the smartest inventions of our time. It has revolutionized how things, are done as money is handled and as customers are identified by their banks. Original author and source of the article.