Title: Development of a Mobile Internet Banking System Using SMS With GSM/GPRS Modem
The last time that technology had a major impact in helping banks service their customers was with the introduction of the Internet banking. Internet Banking helped give the customer's anytime access to their banks. Customer's could check out their account details, get their bank statements, perform transactions like transferring money to other accounts and pay their bills sitting in the comfort of their homes and offices.
The internet and the mobile phone - two technological advancements that have profoundly affected human behavior in the last decade - have started to converge. The products of this association are mobile data services. Using a variety of platforms, services are being created to enable mobile devices to perform many activities of the traditional internet, albeit in a reduced format for mobile devices. One area of activity is mobile (m-) banking (one of the first areas of commercial transaction on the wireless internet). Banking is an area that has extended in many different ways in recent years, including telephone and online banking. M-banking provides yet another channel for banking services, and in emerging markets, provides some possibility for becoming a primary channel.
The rapid development of information technology has affected the banking industry globally. An impact of information technology in the banking sector is the introduction of mobile banking. Mobile banking is a subset of electronic banking which underlies not only the determinants of the banking business but also the special conditions of mobile commerce. The main aim of this project is to develop a secure internet mobile system, which allow customer to do their banking services like get balance inquiry, Fund Transaction, Issue Cheque and other services via the internet and mobile SMS.
A bank is an institution that provides... [continues]
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(2011, 07). Title: Development of a Mobile Internet Banking System Using Sms with Gsm/Gprs Modem. StudyMode.com. Retrieved 07, 2011, from http://www.studymode.com/essays/Title-Development-Of-A-Mobile-Internet-730034.html
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"Title: Development of a Mobile Internet Banking System Using Sms with Gsm/Gprs Modem." StudyMode.com. 07, 2011. Accessed 07, 2011. http://www.studymode.com/essays/Title-Development-Of-A-Mobile-Internet-730034.html.