Online Banking
Online banking refers to the use of internet-based platforms to perform banking transactions and manage financial accounts. This includes activities such as checking account balances, transferring funds between accounts, paying bills, and applying for loans or credit cards. Online banking has become increasingly popular due to its convenience and accessibility, allowing customers to access their accounts from anywhere at any time. Security measures such as encryption and two-factor authentication are typically employed to protect sensitive financial information. Online banking has also led to the development of new data science and artificial intelligence techniques for fraud detection and risk management.
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