Mobile banking: Operative guidelines‚ Need and Security in Indian Banks Prof. Ashish K. Vyas‚ vyas.ashishk@gmail.com Contact: 9422366894 Dnyanganga Institute of Career Empowerment and Research‚ Pune. Abstract: Revolutionary development in IT has impacted on individuals and business. Mobile banking is an essential technological innovation to change the structure and nature of banking. To sustain business competitiveness‚ many banks are transforming from their traditional approach to modern approach
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Internet banking When was the last time you walked into a branch of your bank? Let me paint the picture for you! It is Friday evening and you just got off of work. Now you’re headed to the bank in order to deposit your paycheck. It’s a fairly routine process that all people have able to wait for a long time. However‚ when you actually arrive at the bank‚ you notice there’s a long queue line at the windows. It looks like you’ll be waiting a while before you can get home. Clearly anyone can see what’s
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0 The use of money and its transmission through the economy by means of a banking system characterise modern economies. Money has been used for thousands of years‚ but has evolved to more sophisticated forms and its transmission has improved over time. There have long been questions over the effects money and banking have in the economy. Frequently they have given rise to intense debate‚ and are seldom far from discussion on the economy’s performance‚ prices‚ exchange-rates and so on. The British
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question of whether the phenomenon of Islamic finance or Islamic Banking is truly globalizing‚ that is‚ spreading as a universal alternative to conventional finance and banking or whether the proponents of such a view are spreading a myth or are themselves simply deluded by their own enthusiasm. This article has also addresses the various aspects of the globalization of Islamic finance‚ among others‚ the issue of the rise of Islamic banking in the West‚ Islamic jurisprudence and finance‚ the Islamic Financial
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Freire’s essay “The Banking Concept of Education”‚ he discusses the importance of a student-teacher relationship and the issues of the educational system. The banking method signifies how teachers “fill” up their student’s minds with knowledge without any questions. This method‚ Frerie believes‚ limits the student’s capability to think for them-selves that leads for students to constantly rely on information from their teachers. Freire then proposed a solution for the banking concept called “problem-posing
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Organizational Management Seminar 5311 Royal Dutch/Shell in Nigeria (A) As described in the Harvard Business School case Royal Dutch/Shell in Nigeria (A)‚ the primary issue facing Shell is scrutiny over their involvement‚ or lack of involvement‚ in the civil unrest between the Nigerian government and a group of activists representing the Ogoni people – one of Nigeria’s 240 minority tribes. Publicly the conflict is between the Nigerian government and the Ogoni people. However the core of the
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Online banking (or Internet banking or E-banking) allows customers of a financial institution to conduct financial transactions on a secured website operated by the institution‚ which can be a retail bank‚virtual bank‚ credit union or building society. To access a financial institution’s online banking facility‚ a customer having personal Internet access must register with the institution for the service‚ and set up some password (under various names) for customer verification. The password for
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It was predicted that economic liberalization is the first step towards political reform and hence to democratization. The fact that all the rich countries in the world are somehow democratic is to be taken as evidence to the validity of this predicament. The process works as follows: economic growth leads to urbanization and improvements in technology and infrastructure. These improvements facilitate communication and recruitment by new political groups. Growth also tends to lead to increased investment
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developing countries such as Nigeria the regulatory frameworks may exist but are not adequatley enforced. Hence‚The intent of CSR activities performed by multinationals are not always well determined‚ And powerful multinationals such as Shell have emerged as the major players in this era of globalization‚ largely inhibited by domestic regulation (Rwabizambuga 2007)‚ but what is evident by the increased involvement by MNCs is negative consequences with regards to the impact on society and the environment
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Banking ethics are the moral or ethical principles that certain banks choose to abide by. There is not a universal code of ethical conduct‚ but the banks that vaunt their ethical credentials evaluate the ethical standing of potential investors and partners. Also‚ these banks choose the companies that they in turn invest in with their ethical policy in mind. The number of ethical questions that the banking industry faces are many and multifaceted. Full service relationships with customers are
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