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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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