it's 5 pages single spaced... not including the bibliography. I'll post the Exec Summary, intro and hypothesis. If you still want to read more, I can publish the thing to a PDF file (to prevent copying) and post it online somewhere.
Executive Summary
In this report, the reader will gain a basic understanding of online banking and how it has become one of the most prominent business technologies to date. The history section will discuss the background of online banking and major developments in the field since its creation in 1990. The paper will then discuss how the technology of online banking works as well as technologies that have spawned as a result of online banking. Following this, the paper will discuss the impact that online banking has had on businesses on the way they operate. In the next section, a detailed explanation of the strengths and weaknesses of the technology will be discussed. The various successes and failures related to online banking will then be covered in detail. The next section will discuss the future of online banking and where technology the technology is going. The section will also discuss the various techniques and technologies currently in development for reducing fraud online. After that, the essay will be wrapped up and the thesis will be proven.
Introduction
Online banking has become a major force in todays society that most companies and people are using it in to manage their accounts. Both companies and users are managing their bank accounts online, but what exactly is online banking about? Online banking is basically a value added service provided by banks to allow users to securely manage their bank accounts and to view transaction histories entirely online (
http://www.bankrate.com). The service originally started back in the early 1990s when it was merely used by users to view their account history over a period of time. Even then, users were sceptical about the service due to security concerns (
http://www.moneyextra.com/). Now, with the progression of technology, online banking has become a secured service and allows users to do just about everything online that was originally only possible to do through a bank teller. The technology is increasingly being used by businesses and users alike as encryption technology continues to improve.
Hypothesis
Between 1999 and 2000, the number of people using online banking in Canada has doubled. By 2003, the number doubled again. This trend clearly shows that online bank services will soon almost completely replace branch offices (Canadian Banker, October 2002).
please, do NOT use this as a reference in your own papers as it HAS been submitted to www.turnitin.com
