March 2012 Electronic Banking or many consumers‚ electronic banking means 24-hour access to cash through an automated teller machine (ATM) or Direct Deposit of paychecks into checking or savings accounts. But electronic banking involves many different types of transactions. Electronic banking‚ also known as electronic fund transfer (EFT)‚ uses computer and electronic technology as a substitute for checks and other paper transactions. EFTs are initiated through devices like cards or codes that
Premium Debit card
E-BANKING IN BANGLADESH FUTURE‚ HURDLES & PROSPECTS 1.0 E-BANKING - INITIAL INTRODUCTION E-banking is defined as the automated delivery of banking products and services directly to customers through electronic‚ interactive communication channels. Customers access ebanking services using an intelligent electronic device‚ such as a Personal Computer (PC)‚ Personal Digital Assistant (PDA)‚ Automated Teller Machine (ATM)‚ Kiosk‚ or Touch Tone Telephone. E-banking refers to the PC Banking‚ Internet
Premium Bank Online banking
__________________________________________ISSN 2319–1171 Vol. 1(3)‚ 20-24‚ October (2012) Res. J. Management Sci. Internet Banking in India Consumer Concerns and Bank Marketing Strategies Sufyan Habib AAII College‚ Barabanki‚ INDIA Available online at: www.isca.in Received 18th September 2012‚ revised 15th October 2012‚ accepted 17th October 2012 Abstract Internet banking has attracted the attention of banks‚ securities trading firms‚ brokerage houses‚ insurance companies‚ regulators and lawmakers
Premium Bank Online banking
Submitted to: Mr. E-Banking in Pakistan: opportunities and challenges Generally speaking‚ three factors‚ quickness‚ easiness and cheapness have become the catchwords for the competitiveness and usefulness of all the business operations. Particularly it is commonplace today to say that banking is undergoing a radical transformation. The symptoms are new products‚ new players‚ new channels etc. This transformation is taking place across all sectors of the banking industry. That is why banks
Premium Bank
Abstract Online banking is one of the newest internet technologies where multiple benefits are available for both financial institutions and customers. It has enhanced efficiency in the banking sector which has positively impacted on profitability. It reduces some operational cost and enhances the transaction between financial institution and its customers. Online banking or internet banking is much better and faster than previous technology such as ATMs or Electronic fund transfer at the point
Premium Bank Online banking
CONTENTS PAGE Problems with e-banking 3-4 The relevant statutes and cases 5 How the current legislations adequately 6 protect the consumers References 7 QUESTION: Analyse with relevant statutes and cases the problems with electronic banking and how the current legislations adequately protect the consumers overcoming these problems. ANSWER: The following are the problems with e-banking: 1. Time of payment: The opportunity for
Premium Bank Cheque Credit card
Future of Investment Banks is extremely relevant topic for today’s studies. This type of banks institutions plays one of the main roles‚ being circulating element in the whole body of financial system. Vital role guaranteed by the abilities to help clients to raise capital through debts‚ equity or other potential deals. Needless to note that investment banks are those privileged institutions that are involved in processes of mergers and acquisitions. Concern about future of such an important investment
Premium Risk Subprime mortgage crisis Finance
The Future of Investment Banking The era of investment-banking (IB) post-economic crisis of 2008 will see increasingly modest returns and a much meeker future. Returns on equity (ROE)‚ a standard measure of profitability‚ once routinely ranged from 20-25%‚ have now halved to 13% and will continue to plummet to 6-9% by 2017 with the incorporation of new regulations. These regulations will fundamentally change the face of IB. Higher capital standards will force banks to shrink their balance sheets—making
Premium Bank Banking
The Future of Banking: The Mobile Banking Revolution Brett Lord Florida Institute of Technology Strategic Management BUS5480 Professor Uchenna Nwabueze March 24‚ 2013 Abstract Mobile banking changed the landscape of personal banking. As the Internet became more ubiquitous and smartphone and tablet use is increasing‚ the desire for consumers to conduct their banking on the go grew exponentially. Financial institutions are expanding the services offered through mobile banking to attract
Premium Bank
Introduction E lectronic banking is an umbrella term for the process by which a customer may perform banking transactions electronically without visiting a brick-and-mortar institution. The following terms all refer to one form or another of electronic banking: personal computer (PC) banking‚ Internet banking‚ virtual banking‚ online banking‚ home banking‚ remote electronic banking‚ and phone banking. PC banking and Internet or online banking are the most frequently used designations. It should
Premium Bank Online banking