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					•Introduction
•Evolution of E-Commerce In Pakistan & Banking Sector
•E-Commerce & MCB Bank Ltd
•Risk associate with E-Commerce for MCB Bank Ltd
•Answer’s and Question’s.
•Recommendation, Suggestion and Conclusion
Introduction
E-Commerce (Electronic commerce) is:

“The buying and selling of goods and services on the
  Internet, especially the World Wide Web In practice,
  this term and a newer term, e-business, are often used
  interchangeably. For online retail selling, the term e-
  tailing is sometimes used.”
Evolution of e-commerce in U.S.A
Evolution of E-Commerce In Pakistan & Banking Sector
E-Commerce & MCB Bank Ltd:

 MIBS – Management Information Base system


 SYMBOLS


 KM-Knowledge Manager
Features of E-Commerce in MCB Bank Ltd
 Better ATM services
 Virtual Banking (Online banking)
 Mobile Banking
 Phone Banking
 SMS Banking
 Online account opening
 Auto transfer of funds facilities (better implication on
  standing instructions)
 A move towards paper less environment
Risk associate with E-Commerce for MCB Bank Ltd
 Fraud activities


 Electronic Billing


 Technological failure
Recommendation, Suggestion and Conclusion

  Although there are multiple benefits of the E-
  commerce to the businesses but it has expose the
  businesses to different risks. The proper authorization,
  system access controls, proper password secrecy,
  firewalls and proper antivirus can help in providing
  the secure interaction. The secure E-Commerce
  environment will make the company effective in
  achieving its goals.
Thank you!

				
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posted:9/14/2012
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