Transcript Emerging Trends in Communication Networks for Banking

Principles of Banking
Module C
By
DR. ONKAR NATH
ESSENTIAL OF BANK COMPUTERISATION
Bank Computerisation
Stand-alone Computer System
Multi-user Systems
LANs and WANs
Local Area Network
Topology
Protocol
Wide Area Network
Core Banking Solution
Business Components
Benefits
Essential Requirement
Creation of Primary Data
Disaster Recovery Site (DRS)
Business Process Reengineering
Specialised Consultancy
Infrastructure
U.P.S.
PAYMENT SYSTEMS AND ELECTRONIC BANKING
Electronic Payment Systems
ATMs
PIN (Personal Identification Number)
Electro-Magnetic Cards
Credit Cards
Debit Cards
Smart Cards
Multiple PIN
Electronic Purse
Bank Card
Electronic Cheque
Electronic Cash
Electronic Token
Corporate Cash Management Services
Electronic Banking
Anytime Banking
Anywhere Banking
Home Banking (Corporate and Personnel)
Internet Banking
Mobile Banking
E-Commerce
Signature Storage and Display by Electronic Means
Cheque Truncation
Note and Coin Counting Devices
DATA COMMUNICATION NETWORK & EFT
SYSTEMS
Advent of Information Technology in Banking
Data Communication Networks
Components of Data Communication Networks
Modes of Transmission
Network Scenario in India: Major Networks
INET
NICNET
INDONET
Emerging Trends in Communication Networks for
Banking
RBI’s VSAT Network
Internet
Evolution of EFT Systems
Telex Communication for Message Transfer
Structured Message Transfer System Using SWIFT
Security in SWIFT
Developments in SWIFT
Automated Clearing Systems
Clearing House Interbank Payment System
(CHIPS)
Clearing House Automated Payment System
(CHAPS)
Clearing House Automated Transfer System
(CHATS)
Two Level Funds Transfer Systems
Fedwire
Bankwire
Point of Sale Systems (POS)
Developments in India
Electronic Clearing System in India
Electronic Funds Transfer System in India
Real Time Gross Settlement (RTGS) System
Digital Signatures
ROLE OF TECHNOLOGY UPGRADATION AND ITS
IMPACT ON BANKS
Trends in Technology Developments
Data Warehousing and Data Mining
Delivery Systems and Self Servicing Banking
Role and Uses of Technology Upgradation
Data and Message Transferring
Corporate Websites
Management information Systems
Global Trends in Banking Systems
Impact of IT on Banks
Changes in Organisational Structure and
Orientation
Impact on Service Quality
Impact on Human Resources
Impact on Privacy and Confidentiality of Data
SECURITY CONSIDERATIONS
Risk Concern Areas
Data and Software
Infrastructure
Peopleware
Different Types of Threats
Accidental Damages
Malicious Damages
Control Mechanism
Physical Controls
Internal Controls
Operational Controls
Computer Audit
Scope of Computer Audit
Audit Approaches
• Evaluation Requirements
Computer Hardware
Computer Software
Data
Communication Channels
Contingency Planning and Recovery
Procedures
System Development Process
Legal Framework for Electronic
Transactions
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