Dear Bhanu PHANI KRISHNA Koduru

Greetings,

Please find the attached file about the comparative study between the E- Banking between the public and private sector , may be useful for you 

Best Regards

Financial services facilities for services from banking financial institutions are distinguished by their comfort levels, the greater the comfort level, the greater the service charge to be paid by the users of such services.

In India, Payment bank can only accept cash in savings and current a/c. They will give interest on the deposits and also issue debit card to the customer. But the major difference between payment banks and commercial banks(I think there is no concept of corporate bank. corporate banking is the banking services available to the corporate sector/ customer of a bank) is that payment banks can't provide loans to their customers. mobile banking and internet banking facilities of commercial banks and payment banks will not have much difference.

In the area of electronic banking, including mobile banking, commercial banks improve technological solutions for the use of smartphones for the purpose of conducting financial transactions by clients.

Commercial banks spend the most resources on developing security systems, reducing gaps in online banking systems used by cybercriminals and improving IT systems risk management procedures.

The changes taking place in online banking, including mobile banking, are currently determined primarily by the technological progress related to telecommunications and IT devices.

I invite you to the discussion.

The above question inspired me to the following considerations:

The analysis of banking Trojans consists in researching methods of cybercrime in the field of infecting the bank's information systems, both those which are intra-bank and those that serve bank customers as part of online mobile banking. Analysis of attacks by cybercriminals, for example, viruses popular in recent years, trojans of the ransomware type, which after encrypting computers encrypt data disks. In addition, other types of Trojan horses are used to steal sensitive data, personal customers or embezzlement of money from clients' bank accounts, extorting loans, etc. After analyzing methods used by cybercriminals, banks strengthen security systems, protect banking systems against these attacks, improve security and authorization tools online banking clients. In addition, the next step is to improve the risk management process of IT systems. I described these issues, among others, in the following publications:

In addition, cybercriminal attacks on electronic banking systems are probably much more than official statistics provide, because banks do not boast of these events if they do not have to.

This is because many of these cybercrime attacks are ineffective or have relatively low costs, and the identified gaps in the e-banking system are quickly repaired.

however, if the bank customers knew all these events of cyber-criminals, this could reduce the level of confidence in banks.

Then, bank customers could start to withdraw bank deposits from banks and dopiers on a massive scale, then a serious problem for banks would appear associated with a sharp increase in the level of liquidity risk.

In view of the above, the current question is: What would be the consequences for banks to fully inform banks' clients about cybercrime attacks on electronic online banking systems?

I invite you to discussion. greetings

The issues of key aspects of online banking security are described in the publications:

https://www.researchgate.net/publication/327094263_DETERMINANTS_OF_THE_SAFETY_OF_THE_ELECTRONIC_DAILY_TRANSFER_IN_THE_CONTEXT_OF_GLOBAL_TRENDS_ON_THE_INTERNET_DEVELOPMENT_OF_THE_MOBILE_BANKING

https://www.researchgate.net/publication/322239554_IMPORTANCE_AND_SECURITY_OF_INFORMATION_PROVIDED_BY_THE_INTERNET_IN_THE_CONTEXT_OF_THE_DEVELOPMENT_OF_ECONOMIC_ENTITIES_IN_POLAND

I invite you to discussion and cooperation. Greetings

Bayment bank more scrates but payment mobile mour easy and services