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Internet Bank Imagine you work for a start-up company that is launching an internet bank. The internet bank will provide the following financial products and
Internet Bank
Imagine you work for a start-up company that is launching an internet bank. The internet bank will provide the following financial products and services to its customers:
- Accounts and deposits
- Credit, debit, and travel cards
- Loans
- Insurance
- Investments
- Tax services
Senior management and investors have identified the following key technical factors for the success of the internet bank:
- Scalability: The technology and software application infrastructure must accommodate high growth and new users without impacting the service levels delivered to existing users.
- Availability: Users must be supported with robust, consistent, and reliable access; excellent performance 24 hours a day, 7 days a week.
- Security: Industry-accepted security practices and a multi-level authentication system have to be put in place to authenticate and identify each user before they access their accounts and initiate transactions.
- Manageability: The technology and software applications infrastructure must be easy to manage, support, and update.
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