NEW TECHNOLOGIES IN BANKING TABLE OF CONTENTS TABLE OF CONTENTS 2 EXECUTIVE SUMMARY 3 INTRODUCTION 4 MOBILE PAYMENTS 5 1. Premium SMS based transactional payments 6 2. Direct Mobile Billing 6 3. Mobile web payments (WAP) 6 4. Contactless NFC (Near Field Communication) 7 5. M-payments vs. Current payment methods 7 FINGERPRINT 8 1. Recognition Process 8 2. Fingerprints in banks 8 2.1 Benefits 9 2.2 Problem 9 IRIS SCAN 10 1. Description 10 2. Why or why not use Iris can 10 3. Implementation
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The Social Impact of Technology There is no doubt that technological change brings about social change. The Industrial revolution saw many people displaced from their land‚ to find work in crowded city factories. Serfdom was abolished and the population shifted from villages to the cities. Strong family ties‚ self sufficiency and the right to occupy land were replaced with uncertain tenancy of land‚ dependency on trade and a weakening of the family unit. Economically‚ goods and money abounded‚
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evaluate the history of sports from a technology aspect‚ the game has tremendously been influenced where gathering content is attainable expeditiously with the click of a mouse. The ability to gather information so rapidly in today’s sports market is something that was unheard of about 15-20 years ago. Furthermore‚ technology just doesn’t influence sports; it has an impact on everything in society. For example‚ music has been recorded for over centuries when technology was an afterthought. There were no
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Negative Impact of Technology ’Technology and threats have a lot in common.’ The negative impact of technology on society has left no stone unturned in proving this statement right. Let’s get acquainted with more in the following write-up... It is appallingly obvious our technology has exceeded our humanity. ~ Albert Einstein When I was a kid‚ we had a social life‚ and it was called ’outside’. And look at today’s kids - Facebook‚ PlayStations‚ iPhones‚ Blackberries‚ and not to forget‚ television
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Impact of Electronic Technology in Business Meetings U05a1 Jamie Garrett Jgarrett17@capellauniversity.edu BUS 3004 Developing a Business Perspective February 12‚ 2011 Introduction The purpose of this paper is to explain the impact of electronic technology versus face to face meetings in business meetings. Electronic technology has and will continue to change the way businesses have meetings. Businesses used to make employees sit at a long table and sit in uncomfortable chairs to
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Technology Impact Paper Technology affects customers on a daily basis. Companies must turn their attention to the people if they plan to succeed in today’s technology-driven economy (O’Connor‚ and Regan B.‚ 2002). Companies must cater to customers‚ invest in people‚ be innovative‚ and show true compassion for others. This paper will research how Stone Incorporated introduced new products to customers through the use of technology‚ how the new technology has proven value added‚ outline support
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Impact of Technology On Business Q) What is the impact of technology on business? Explain with the suitable example of financial service sector. Ans) Introduction Technology affects almost every aspect of our lives. Just look around you and you’ll see how wired we are. Thanks to the Internet‚ virtually anything you desire can be delivered to your door in a matter of days. You can even trade stocks or file taxes online. But as much as our personal lives have changed‚ the business world has revolutionized
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statement‚ ethical standards‚ organizational diversity‚ dress and language and the impact of technology on the culture. Technologies Impact on Culture In the last 200 years there has not been a bigger impact on culture than technology. Technology has changed our culture in so many ways from travel‚ communication‚ medical breakthroughs‚ industry developments‚ entertainment devices‚ to cooking habits. Technology is growing faster and faster each day with no end in sight. It has been said that students
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expectations based on their individual personalities(Webster‚ 1989). However‚ according to Cook(2002)‚ consumers have been increasingly educated‚ sophisticated‚ and informed‚ high quality of services are expected from the consumers nowadays. Information technology has made a great change to the world for the past decades‚ according to Bharati‚ P. and D. Berg (2003)‚ information system(IS) has made major contribution to the service sector by improving the quality of service. Consequently‚ one of the primary
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The Impact of Technology on our Culture. Technology is the best thing that happen in the world and it’s also the worst thing that happen in the world. Before the age of technology everything was simple and peaceful everyone could have face to face contact which is good to have and even though there was no technology at the time people still found a way to get there to get there job done; also because of the non-advance technology everyone was more healthier that we are. Now we are living
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