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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Technology in Banking Towards Improving Business Performance and Customer Engagement Institute for Development and Research in Banking Technology (Established by Reserve Bank of India) Banking Technology – Towards Improving Business Performance and Customer Engagement resources |2 Foreword Technology today has become synonymous with banking and Indian banks have put in place a fairly strong infrastructure to leverage its benefits. IT has made a visible difference in the functioning
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Online Banking Introduction The World Wide Web has changed our culture in so many ways. People are able to do so many activities over the World Wide Web‚ it is unbelievable. You can pursue a degree through online universities‚ communicate with users around the world‚ purchase goods and services online‚ and yes‚ you can bank and pay your bills online. This new technology has enabled us to make payments‚ maintain a checking/debit card account‚ balance transfers‚ all via the web. You can
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Koskosas I. THE PROS AND CONS OF INTERNET BANKING: A SHORT REVIEW THE PROS AND CONS OF INTERNET BANKING: A SHORT REVIEW Ioannis KOSKOSAS University of Western Macedonia‚ Kozani‚ Greece ioanniskoskosas@yahoo.com Volume 1 Issue 1 / December 2011 Business Excellence and Management Abstract Bank fees often strike fear in the heart of the average banking customer. According to a survey by Bank-rate‚ a company that reports on banks and banking‚ customers continue to get smashed with higher fees‚ ranging
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_____________Download from www.JbigDeaL.com Powered By © JbigDeaL____________ Q. No. 1 – 25 Carry One Mark Each 1. Consider the following statements regarding the complex Poynting vector P for the power radiated by a point source in an infinite homogeneous and lossless medium. Re P denotes the real part of P . S denotes a spherical surface whose () ɵ centre is at the point source‚ and n denotes the unit surface normal on S. Which of the following statements is TRUE? () (B) Re (P ) increases with
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We were assigned with the task of designing and building a digital clock that displays the time in Binary. First a power supply that outputs a 60Hz square wave is fed into the circuit. We used 74160 decade counters in the project. A 74160 divided the clock down to 6Hz‚ and then a truncated 74160 divided it down to a 1Hz wave that would be the input for the clock. This clock will display in military time. The 1HZ is equal to one second and is fed into the first 74160. There are six 74160 counters
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ENRON CORPORATE FRAUD (2001) Submitted by: AMIT SHARMA PGDM (016)/09-11 What is FRAUD? In the broadest sense‚ a fraud is an intentional deception made for personal gain or to damage another individual. The specific legal definition varies by legal jurisdiction. Fraud is a crime‚ and is also a civil law violation. Many hoaxes are fraudulent‚ although those not made for personal gain are not technically frauds. Defrauding people of money is presumably the most common type of fraud‚ but there have
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"Corporate Fraud" when you hear those words the first‚ most recent incident‚ many think of is The Enron Scandal. This same scandal produced the Public Company Accounting Reform and Investor Protection Act of 2002. This much needed act created the Public Company Accounting Oversight Board under the Security Exchange Commission ’s supervision. This board sets accounting standards and investigates Certified Public Accountants and companies to ensure they are following the guidelines set forth. This
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Feudalism is present in Nigeria Feudalism has been around since the medieval life. The feudal system was a way of government based on responsibilities between the king or lord and vassal. The king would give large estates to his relatives‚ and these estates would range from his large assets to just a small piece of land; for example‚ farms‚ barns‚ animals and houses. And in return‚ what so ever the king asks the relatives to do they have to respond to it as the king commands. In my understanding
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DECADENCE IN NIGERIA It is of no doubt that moral decadence has completely replaced core moral values in present times. This ravaging phenomenon is the cause of some of the major problems Nigeria is facing as a Nation. A society where the youths do not think of how tomorrow would be better than today or how to invent new things to automate processes involved in our daily activities rather focusing on how to enrich themselves by any means and controlling enormous wealth at a tender age. Many
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