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E-Banking - Banking on the Internet
Glossary
 
Affiliates
Any company that owns, is owned by, or is related through common ownership to another company.
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Analog
The traditional method of modulating radio and telephone signals so that they can carry information.
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Browser
Software that permits a user to view graphical pages over the World Wide Web. The two most popular browsers are Netscape Navigator and Microsoft Internet Explorer.
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Bandwidth
Generally, the information-carrying capacity of telephone or network wiring. High bandwidth allows fast or high-volume transmission.
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Certificate authority
An organization responsible for certifying the identity of a particular person or merchant. Certificate authorities permit users to issue digital signatures to conduct transactions electronically.
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Cookie
Cookies are small data files written to your hard drive by some Web sites when you view those sites through your browser. These data files contain information the site can use to track such things as passwords, lists of pages you have visited, and the date when you last looked at a certain page.
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Encryption
Encryption is the process of mathematically changing characters into a form that can be read only by the intended receiver. To decipher the message, the receiver of the encrypted data must have the proper decryption key. In traditional encryption schemes, the sender and the receiver use the same key to encrypt and decrypt data.
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Internet
The worldwide "information highway" composed of thousands of interconnected computer networks. It reaches millions of people in many different countries. The Internet was originally developed for the United States military, and then became used for government, academic, and commercial research and communications. The World Wide Web facility on the Internet makes possible almost instantaneous exchange of information by linking documents around the world.
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Internet service provider (ISP)
A company that provides Internet access or Internet accounts to individuals, businesses, and other groups.
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Non-deposit investment products
A non-deposit investment product is a financial asset that is not FDIC-insured and may contain investment risk. NDIPs include mutual funds, annuities, securities, and self-directed individual retirement accounts that invest in securities.
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Non-public personal financial information
Section 509(4) of the Gramm-Leach-Bliley Act defines non-public personal information as "personally identifiable financial information" that 1) is provided by a consumer to a financial institution, 2) results from any transaction with a consumer or any service performed for a consumer, or 3) is otherwise obtained by the financial institution. "Non-public personal information" also includes any list, description, or other grouping of consumers as well as publicly available information pertaining to them.
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Operating system
The main control program of a computer that schedules tasks, manages storage, and handles communication among the different parts of a computer.
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PIN
Abbreviation for personal identification number. A code or password, unique to or associated with a specific user and entered into a data-processing device for the purpose of verifying the identity of a person requesting access or a transaction.
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