The Mechanisms Developed in the Settlement of Electronic Banking Disputes (A comparative study)

Abstract

The developments in information technology in the late century have been a positive reflection in the evolution of the banking institutions. Banks have benefited from technological developments through their electronic communication networks, allowing the exchange of money between banks without the need for paperwork. Technological development in the banking sector It has provided customers with speed and quality in performance by transferring traditional banking from the ground to the virtual environment. Despite all these advantages of electronic development in the banking sector, This is a mechanism that is compatible with this technological development and deals with the settlement of electronic banking disputes. Electronic arbitration was the best electronic alternative means in settling electronic banking disputes, We dealt with all this in two sections, In the first section on the nature of electronic banking operations and disputes arising from them, and then we discussed in the second section to the role of electronic arbitration in the settlement of electronic banking disputes