Online Banking
Online banking is a digital platform that enables customers to conduct financial transactions and manage their bank accounts via the internet or mobile apps. It provides services such as checking balances, transferring funds, paying bills, and applying for loans without visiting a physical branch. This technology leverages web and mobile interfaces to offer 24/7 access to banking functions, enhancing convenience and efficiency for users.
Developers should learn online banking to build secure, user-friendly financial applications that handle sensitive data and comply with regulations like PCI DSS and GDPR. It is essential for roles in fintech, banking software development, or when creating payment gateways and digital wallets. Use cases include developing mobile banking apps, integrating APIs for transaction processing, and implementing fraud detection systems to protect user accounts.