Internet has played an important role in changing how we interact with other people and how we do business in today’s technological world. The resultant of this leads to an emerged of electronic commerce which allow businesses to more effectively interact with their customers and other corporations inside and outside their industries. One of such new communication channel to reach its customers is the banking industry. The challenges that oppose electronic banking are the concerns of security and privacy of information. It is not enough for an e-banking system to just provide information to their customers but to provide it to the right customers and at the right time. There are many aspects to security and many applications, ranging from secure commerce and payments to private communications and protecting passwords. One such essential aspect for secure communications is cryptography, and another is biometric. This project focuses on developing a secured e-banking system using encryption and face recognition as the two levels of security mechanism since the username and password security mechanism are easily be reached by some mere guess work. This E-banking system is designed using MATLAB with face recognition and encryption.
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