Internet Banking Development
Jeffrey E. Jarrett*
Management Science and Finance, University of Rhode Island, Kingston
- Corresponding Author:
- Jarrett JE
College of Business Administration
University of Rhode Island, USA
Tel: +401 (874) 4169
Fax: 401 (874) 4312
E-mail: [email protected]
Received April 22, 2016; Accepted May 27, 2016; Published May 31, 2016
Citation: Jarrett JE (2016) Internet Banking Development. J Entrepren Organiz Manag 5:185. doi:10.4172/2169-026X.1000185
Copyright: © 2016 Jarrett JE, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
We observe the development of an internet banking institution and learn that such an institution can fall into many pits on its growth and development. The same is true for its client as they utile internet banking as a loan client, depositor or any other service provided by the internet banking process. By observing the benefits of learning quality control and continuous improvement as practiced in industrial experimentation, one can avoid many of the pitfalls associated the management of an internet banking process as well as being a consumer participant in the system. We note the difficulties with which new computer users and internet banking entails is less technological actions. Computer software developers must also use these quality control and improvement practices in the development of software in this internet banking process to facilitate with an error free result the consequences of the transactions made in the on-line process. Software should be easy to learn and the likelihood of errors be kept to a minimum in a manner similar to operations in rocket science where the consequences of failure are thought to be close to zero.