Title: Malay Chinese and Internet Banking. Journal: Chinese Management Studies‚ Volume: 4‚ No. 22‚ 2010. Author: (a) Khalil Md Nor (Department of Management‚ UniversitiTeknologi Malaysia‚ Johor) (b) JanejiraSutanonpaiboon (Department of Business Administration‚ School of Business and Economics‚ Sonomo State University‚ Rohnert Park‚ California‚ USA and (c) Nor HamimahMansor (Department of Management‚ UniversitiTeknologi Malaysia‚ Johor) 1. INTRODUCTION Internet banking is increasingly becoming
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Banking system plays a very significant role in the economy of a country. It is central to a nation’s economy as it caters to the needs of credit for all the sections of the society. Money-lending in one form or the other has evolved along with the history of mankind. Even in the ancient times‚ there are references to the money-lenders‚ in the form of sahukars and zamindars who lend money by mortgaging the land property of the borrowers. Towards the beginning of the 20 century‚ with the onset of
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Role of It in Banking Sector Summary: The article presents a study which aims to analyze the role of information technology (IT) in the banking industry. Based on the article‚ technological innovations have enabled the industry to open up efficient delivery channels. It is said that IT has helped the banking industry to deal with the challenges the new economy poses. The study also examines the views of bank employees on the implementation of IT in banks. According to the author‚ private and
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ROLE OF ICT IN BANKING Technology is no longer being used simply as a means for automating processes. Instead it is being used as a revolutionary means of delivering services to customers. The adoption of technology has led to the following benefits: greater productivity‚ profitability‚ and efficiency; faster service and customer satisfaction; convenience and flexibility; 24x7 operations; and space and cost savings (Sivakumaran‚ 2005). Harrison Jr.‚ chairman and chief executive officer of Chase
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topnotch banking industry‚” said Francois Denimal‚ Sungard director for sales said. Sungard operates in 30 countries including the Philippines. Denimal said that at the rate the banks are growing‚ financial institutions have no choice but to switch to better business solutions or upgrade their existing software and hardware. Sanjay Varma‚ Sungard managing director for banks in Asia Pacific‚ said that mobile banking in the Philippines “has already taken off.” “From your internet‚ the mobile
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The role of internet in marketing In this task I will be discussing a very important subject of today’s world of business which is internet marketing. To start off my task‚ I am going to give a general idea of history of the internet‚ general functions it can perform and how the internet has generally changed the society in many different ways and aspects. The history of establishing the internet originally goes back to 1950s and that’s when it first came on the scene‚ no one ever thought of the
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ROLE OF CRM IN BANKING ABSTRACT Banks play an important role in the economic development of developing countries. The traditional functions of banking are limited to accept deposits and to give loans and advances. Today banking is known as innovative banking. Information technology has given rise to new innovations in the product designing and their delivery in the banking and finance industries. Customer services and customer satisfaction are their prime work. Current banking sector
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basis for defining power in the modern societies. It is a widely accepted fact that no modern economy can thrive without an integral information technology and telecommunications infrastructure on board. One of the reasons why the Government of Rwanda adopted national ICT policy and Plan is to influence the spread of the internet as well as the ease of access to it. International connectivity de facto prices and costs have historical roots in an internet that was North American-centric‚ which
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a). According to the information in the case‚ do you think the bank satisfied the requirement to two-factor authentication? Generally‚ Two-factor authentication requires two forms of authentication (Panko‚ 117). For example most of the online banking today requires you to login with username/password and also identify security key or security image as additional key. According to the Federal Financial Institution Examination Council 2005 required bank to use at least two-factor authentication
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Effect of the Internet on society The Internet is one of the greatest recent advancement in the world and has become a useful instrument that has promoted the process of making the world a more resourceful place. It is a universal fact that the use of the Internet has a huge positive impact on student’s academic life. Some other benefits include the ability to communicate at a much faster and more efficient speed‚ and having access to basically anything you want or need to know. The Internet has been
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