SMART BANKING: An Introduction

by Sunil Aggarwal, PROF. VINAY K. NANGIA, DR. RAJNISH KATARIA (Foreword)

The book explains how digital technology in banks, provide real-time online innovative services through branch network and delivery channels like ATM, Micro-ATM, Mobile Banking, Internet Banking, E-Wallet, IVR and Biometric identification through Aadhaar Data Base and simple feature phones etc.It also gives introduction to IT Solutions used for Treasury, MIS, Online Trading in Securities, Tax Payments, Bills Payments, Asset Liability Management and Wealth Management services.The book describes the inter-connection between the Core Banking System, delivery channels, and various domestic and international networking platforms facilitating online transactions between banks, customers and business entities.Readers will find the book helpful in addressing questions like How Anywhere Anytime Banking works.dWhat is Core Banking Solution. How ATM functions. How Debit/Credit Cards payments happen, How instant funds transfer takes place. What are Internet Banking, Mobile Banking, and Mobile Wallet. What are ‘Aadhaar’ enabled services, How payment takes place relating to the stock market, bills, taxes & E-commerce.The book also gives an overview of Treasury, Securities Trading, and Foreign Exchange Trading Systems, Wealth Management, Cash Management Service Solution, and Customer Relationship Management, Loan Origination System;Anti-Money Laundering and Asset Liability Management Solution, Financial Communication Networks. Key RBI Initiatives and Emerging TrendsThe book will help students of banking, IT professionals engaged in banking applications, bankers, and bank customers in updating their knowledge about technology-driven banking.

183 pages, Kindle Edition

Published September 2, 2016