Internet Banking

Internet banking, also known as online banking, is an electronic payment system that allows customers of banks or other financial institutions to carry out various financial transactions, payments and other transactions through the financial institution's website that is equipped with a security system. The online banking system will usually be connected or become part of the core banking system operated by banks and is different from branch banking which is the traditional way for customers to access banking services.

Information technology applications in internet banking will increase efficiency, effectiveness, and productivity while increasing revenue through a sales system that is far more effective than conventional banks. Without the application of information technology in internet banking, internet banking will not work and be utilized by the banking industry. In general, in the provision of internet banking services, banks provide information about their products and services via a portal on the internet, giving customers access to transactions and updating their personal data. The business requirements of internet banking include: easy to use the application,  services can be reached from anywhere, cheap, can be trusted and reliable.

Internet banking software provides personal and corporate banking services that offer features such as viewing account balances, getting reports, checking current transactions and making payments. Internet banking has provided benefits to banks, including:
Business expansion. In the past, a bank must have a branch office to operate in a certain place. Then this is made easier by simply putting the ATM machine so that he can be present at the place. Then there is phone banking which begins to eliminate physical limits where customers can use the telephone to carry out banking activities. Now there is internet banking which makes it even easier because it eliminates time and space.
Customer loyalty. Especially customers who are mobile (mobile), will feel more comfortable to do banking activities without having to open accounts at different banks in various places. He can use only one bank.
Revenue and cost improvement. The cost of providing banking services through Internet Banking can be cheaper than opening a branch office or making an ATM machine.
Competitive advantage. Banks that have internet banking will have an advantage compared to banks that do not have internet banking. In the near future, people do not want to open an account at a bank that does not have Internet Banking facilities.
New business model. Internet Banking enables a new business model. New banking services can be launched via the web quickly.

Benefits with the Internet

Here are some advantages with the internet: With the internet, we can listen to something, such as text, images, sound, video. And we can send a letter quickly, and without cost. And also we can interact with people from a distance/other countries like face, and also we can talk and see someone to talk to us easily, and without cost. We can retrieve and send data with ease, from the internet server to your own computer.

The term-term on the Internet

AND (Advance Digital Network): One type of network speed 56 kbps.

Attachment: Facility to include files.

Backbone: One of a series of connections that became main lines of a network.

Banner: Ads of the picture.

Bandwidth: Tools that states how much data that can be taken in connection to the internet via network.

Blog (Web Log): Personal website.

Blogger: The person who runs a blog.

Blogging: Activity to manage blogs.

Browsing: Surf the internet activity.

Browser: The program used for browsing the internet.

Bps (Byte per Second): Unit of data transfer speeds on the internet.

CC (Copy Carbon): The destination address to send the e-mail other than the main address, and known by the recipient e-mail anyone who receives the e-mail.

Chat: Applications on the internet that offer interaction with text, voice and video, without time-out.

Chatting: Activities on the chat.

Internet Development

The development of the internet was very fast at all. In early 1990, the website is only numbered about fifty, and contains only text, but at the end of the year 1990 has grown into a network of three thousand and two thousand computers. In 1992, to 1000,000 hosts connected to the internet and in 1995, there were dozens of backbone, hundreds of middle-regional networks. And growth was achieved twice each year. And this is just a brief explanation of the development of the internet.

How it Works Internet

The way the internet is working when the client clicks on a URL or link, the web browser will send the requests are at the internet web. Than the server will look for the requested web page and after receiving a request, the server sends the requested web pages through the internet to a web browser on the client computer. Then the web browser is immediately translated the hypertext language and the client computer display. Amazingly most of the whole process is only running in a matter of seconds.

Internet Functions

There are so many internet functions, but because too much is difficult to mention one by one. Internet functions almost equal to the advantage of the internet. Here are some of the functions of the internet: For us to listen something, such as text, images, sound, and video. Send a letter quickly, and without cost. And also we can interact with people from a distance/other countries like face, and also we can talk and see someone to talk to us easily, and without cost. And also that all work can be more easily done, such as taking and sending of data with ease, from the internet server to your own computer, and many more.

Objectives the Internet

Actually the main purpose of creating the internet ARPANET was to develop the concept of the network to all activities more efficient data transfer. But advancing age and the people became more intelligent, because the more intelligent people and the progress of time, the internet is now created more than for the data transfer activities.

Governing the Internet

Internet operates without a central government body. However, to maintain interoperability, all technical and policy aspects of the underlying core infrastructure and the main namespace is managed by the Internet Corporation for Assigned Names and Numbers (ICANN), which is headquartered in Marina del Rey, California, the United States. ICANN is an institution that has the authority and duty to identify unique for use on the internet, including domain names, Internet Protocol (IP), the port number of applications in transport protocols, and many other parameters. ICANN was established on 18 September 1998 and the formal legal status on 30 September 1998. ICANN is governed by an international board of directors of the internet, business, academic, and non-commercial use.