HISTORY OF BANKS The origins of modern banking can be traced to medieval and early Renaissance Italy‚ to the rich cities in the north like Florence‚ Lucca‚ Siena‚Venice and Genoa. The Bardi and Peruzzi families dominated banking in 14th century Florence‚ establishing branches in many other parts ofEurope. One of the most famous Italian banks was the Medici Bank‚ set up by Giovanni di Bicci de’ Medici in 1397. The earliest known state deposit bank‚ Banco di San Giorgio (Bank of St. George)‚ was founded
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Mobile System Paper CIS/207 Mobile System Paper Mobile applications was one of the most intriguing and intelligent things that could have been invented or designed. Mobile applications is software that is designed and made to run on cellular phones such as smartphones‚ Androids‚ iPhones‚ Windows phones‚ Blackberry phones and phones of that sort. Mobile applications are not only designed and engineered just for phones‚ they are also designed for tablet computers and
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Investment bank Vs. Commercial banks Many factors directly and indirectly caused the ongoing 2007–2012 global financial crisis which started with the US subprime mortgage crisis. One of the main culprits that is often pointed to as one of the main triggers of the global financial crisis are the mortgage derivative products‚ where risky mortgages were packaged with more traditionally secure mortgages and sold to corporate investors and other banks as secure investment products. This packaging of
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Internet Banking Banks are the most safest & popular place of investment among people. More than 65-70% people invest in banks for their interest.More over there is a least risk possibility to invest in various schemes of banks. For this kind of popularity banks have also introduced different kinds of schemes‚ facilities‚ technologies by which they can help & and provide an easy system so that they can rely on banks more. One of the most popular technology that have been widely used for banking is the
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MOBILE WALLET Abhinav Sultania B.E. SEM VIII Depart ment of co mputer engineering Bharati Vidyapeeth College of Engineering‚ pune abhinavsultania@hotmail.co m Abstract Mobile wallet system is an innovative and at any point of time. One of the significant application of mobile applications is transforming the mobile phone into a mobile wallet with digital cash that supports both as real cash and security [1]. It is a type of mob ile payment technology in which instead of paying with cash
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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
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Internship Report On “Performance Evaluation of Mercantile Bank Limited” Supervised By: Md. Sogir Hossain Khandoker Associate Professor‚ Department of Finance Jagannath University Dhaka. Submitted By: Md. Shahidullah Kayser Id No: 105212 Reg. No: 1001335210 Session: 2009-10 4th Batch Department Of Finance Jagannath University‚ Dhaka Date of submission: May 15‚ 2014 Letter of Transmittal May 15‚ 2014 To Md. Sogir Hossain Khandoker Associate
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Islamic Banking. The most important of these principles is the prohibition of riba‚ any predetermined or fixed return in financial transactions. As stated in Quran: “Allah forbids riba and permits trade.” While there is much debate about the exact nature of this prohibition on riba‚ there exists a widespread perception that the ban on riba implies ban on interest. Alternative “interest-free” financing techniques have been developed by Islamic Banks. The term interest free implies that banks cannot
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Question Bank - Merchant Banking and Financial Services (MBFS) Unit – 1 Part –A 1. Describe the various factors of Indian financial system? 2. Nature and functions of merchant banking? 3. Explain various pre issue activities? 4. What is rights issue? Explain the futures of rights issue? 5. Discuss recent challenges and developments of merchant bankers in India? PART – B 1. Explain the various aspects of Post and pre issue activities? 2. Various regulations of Merchant banking in India
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The Banking Concept of Education: Paulo Freire states “knowledge is a gift bestowed by those who consider themselves knowledgeable upon those whom they consider to know nothing” (139). He claims that in The Banking Concept of Education‚ the teachers treat the students as a bank in which they deposit information into them and the students never really get to think critically about the information they are learning. This method was widely used during the first twelve years of my formal education
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