Online Banking Definition
Although online banking security is continually improving, such accounts are still vulnerable when it comes to hacking. Consumers are advised to use their own data plans, rather than public Wi-Fi networks when using online banking, to prevent unauthorized access. With online banking, consumers aren't required to visit a bank branch to complete most of their basic banking transactions. They can do all of this at their own convenience, wherever they want—at home, at work, or on the go. Enjoy Safe And Secure Banking Thus, we hypothesized how the development of these innovative channels of e-banking services can affect a bank’s market share. The study also provides insight into how POS terminal development may influence the fate of a bank. The results illustrated that developing POS terminals would result in bank market share growth. The results did not support the effect of mobile banking and ATM development on banks’ market share growth. This outcome contradicts Schierholz and La...