Title:
Legislation of Legal Protection for Electronic Banking Operations and Challenges in Jordan

Authors:
Mohammad Al Animat, Hungary

Abstract:

The larger growth in the operations and activities of electronic banks has created new problems for banks and the responsible authorities in the context of the lack of management and those in charge of the banks to qualify, and sufficient practice to catch up with the accelerating technological progress.
In addition to the high potential for deception and fraud on open networks internet and this is due to the absence of traditional practices that u to ensure the identity and legitimacy of the client it is worth noting that electronic payment methods have appeared in conjunction with the emergence of e-commerce and have become one of its components and complete its procedures and most important main risks facing the work of electronic banks, which threaten the conduct of banking and financial operations in various countries of the world.
The article also touched on the most important risks facing electronic banks, through this study, it aims to shed light on the legal mechanisms of protection in the field of electronic banking transactions given the novelty of the consumer, the seriousness and the lack of texts the legal regulations that govern electronic transactions in general and electronic banking operations in particular, the regulatory legislation issued by the Central Bank of Jordan and dealing with cyber security risks.

DOI: https://doi.org/10.51505/IJEBMR.2022.61116