This paper is based on a detailed study of e-banking as a key aspect of the modern financial sector with a special focus on the European market. In the first part of the paper, the concept of e-banking is defined and its development over the years is analyzed. Special attention is paid to the impact of technological innovations on the evolution of digital banking. The paper examines the role of e-banking in Europe in detail, investigating how European countries have adopted and adapted this digital banking in accordance with regional needs and regulatory framework. It is emphasized that e-banking has become a key element of the continent's financial infrastructure. The distribution network of e-banking is the central part of the analysis, exploring how different electronic channels enabled customers to access banking services. This includes online banking, mobile banking, and ATMs, and how these channels have changed the way people manage their finances. E-banking security is a key theme of this paper, exploring how financial institutions in Europe apply various measures to protect customers from fraud and preserve the confidentiality of financial data. The paper analyzes the advantages and disadvantages of e-banking.