Challenges and security issues adopted by Mobile banking-An overview

E-banking or electronic banking is a major innovation in the field of banking. Information revolution led to the evolution of internet led to the evolution of E-commerce & Ecommerce led to the evolution of E-banking. Mobile Banking is very significant today in the age of high technology. In various fields Computer Technology is playing important role. Mobile banking is a branch of the technology banking. Mobile Banking is used with the help of Computer technologies like Interactive Voice Response (IVR), Short Messaging Service (SMS), Wireless Access Protocol (WAP), Standalone Mobile Application Clients (SMAC), SIM Based Applications (SAT), Java 2 Platform, Micro Edition (JAVA/J2ME) etc. In this paper attempt to study the challenges and security issues adopted by Mobile banking.