ANY SCIENCE

online banking allows customes to conduct financial transactions on a secure website operated by their retail or virtual bank.common features of online banking are: (http://en.wikipedia.org/wiki/Online_banking)
electronic bill presentment and payment
fund transfer
investment purchase or sale
loan applications
bank statements
etc.Advantages:
saves time and money by not making a trip to the bank
you can check your bank balance online
paying bills online
booking airline tickets
you can apply for loans online without having to face an employee from the bank
online banking can be done at any time of the day
less branches will need to be setup and less staff will be hired so less pay will have to be paid to employees benefiting the bank
new jobs will be created
Disadvantages:
you have to visit a bank or ATM to make transactions
risk of phishing
there might be glitches in the bank IT system that would generate errors in the system, so you always have to verify your transactions after they are done
can lead to unemployment
qualified IT staff will need to be hired to maintain the website and database, these people ask for high wagesneed to have access to internet.