Will E-Banking really be the right way to achieve success in the future? This report lays out hard facts and unique opinions that will help you understand and determine what the right decision is for your business. This report covers the development of internet banking in the UK, the importance of system development and analysis, a report on the current student banking market, discussing the fundamentals of current laws and legislations and finally the value of protecting yourself, but, above all, your customers with significant security problems. Both external and internal factors favor the rapid development of e-Banking. As more and more people have accepted the convenience and comfort of using the Internet for banking, the modern bank or building society must react and meet the new demand. Since customers can now switch banks via the Internet in minutes, it is important to understand this growing lifestyle.1. Development of e-Banking: The Bank of Scotland started internet banking in the late 1980s, but only recently has it really started to progress. In my opinion, the main attractions of E-Banking are the 24-hour availability of account information, the convenience of carrying out transactions in the comfort of your own home and the growing confidence in the security of the Internet. This is creating tremendous growth for e-Banking over the past decade.o 2005 was estimated at 12.1 million users.o e-Banking will continue with spending in this area increasing by 17 .5% to around £705 million in 2009.o In 2003, 10 million online money accounts were active in the UK (this was the highest figure for any European country).1.1 So what does the future hold for l 'internet banking? for modern man time is becoming more and more precious, he is less enthusiastic about wasting his time, in events such as long queues in banks, poor customer service or limitation of working hours. Now via the Internet with E-Banking it is possible to carry out most simple banking operations in a few minutes and at any time. If we consider all these factors in context, we can see a growing acceptance of Internet security, a growing need for convenience and time-saving options and thus create constant development and a bright future for E-Banking.2. System development and analysis. Deciding on a new technology to power a business involves many different aspects that need to be taken into consideration.