The Future of Banking: The Mobile Banking Revolution Brett Lord Florida Institute of Technology Strategic Management BUS5480 Professor Uchenna Nwabueze March 24‚ 2013 Abstract Mobile banking changed the landscape of personal banking. As the Internet became more ubiquitous and smartphone and tablet use is increasing‚ the desire for consumers to conduct their banking on the go grew exponentially. Financial institutions are expanding the services offered through mobile banking to attract younger
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RETAIL BANKING DEFINITION: “Retail banking is typical mass-market banking where individual customers use local branches of larger commercial banks. Services offered include: savings and checking accounts‚ mortgages‚ personal loans‚ debit cards‚ credit cards‚ and so” The Retail Banking environment today is changing fast. The changing customer demographics demands to create a differentiated application based on scalable technology‚ improved service and banking convenience. Higher
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Employee retention is very important to organizations. If employees can not be retained‚ the company will have to invest money for training new employees time and time again. The cost of replacing an employee is high not only financially‚ but in terms of lost productivity‚ the time taken by the employer to go through the resumes and the cost incurred to conduct interviews. The best away to avoid this costly affair is to focus on the retention of employees as otherwise it will have a castigating effect
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resources in increasing your sales volume. Improve your sales process and/or get some sales training‚ if needed. Successful businesses are those that take orders and ensure that the final product/service is delivered. A clever way of increasing your turnover is to offer limited luxury services/products – this will appeal to the top 5-15% of your customers. (See Increasing your Sales) Understand your customer base Without customers‚ you would NOT have any income. Categorise your customers in terms of
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WHITEPAPER VOLUME TWO EMPLOYEE RETENTION REDUCING RECRUITMENT BY INCREASING RETENTION WHITE PAPER EMPLOYEE RETENTION EMPLOYEE RETENTION REDUCING RECRUITMENT BY INCREASING RETENTION DRAKE I NTERNATIONAL NORTH AMERICA CONTACT DRAKE FOR FURTHER INFORMATION ON HOW OUR INNOVATIVE SOLUTIONS CAN CREATE A SUCCESSFUL RETENTION PROGRAM THAT WILL REDUCE YOUR STAFF TURNOVER. CALL OR VISIT VANCOUVER•EDMONTON CALGARY•WINNIPEG LONDON•HAMI LTON OAKVILLE•MISSISS AUGA TOR ONTO•BELLEVILLE BROCKVI
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long-lasting relationships with their customers and increase their revenues and profits. CRM in the banking sector is of greater importance. The aim of this study is to explore and analyze the strategic implementation of CRM in selected banks of Pakistan‚ identify the benefits‚ the problems‚ as well as the success and failure factors of the implementation and develop a better understanding of CRM impact on banking competitiveness as well as provide a greater understanding of what constitutes good CRM practices
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Volume– V‚ Issue– 02‚ July-December‚ 2010 Employee Participation in Decision Making in RMG sector of Bangladesh: Correlation with Motivation and Performance MD. ANOWAR HOSSAIN BHUIYAN1 Abstract Participation in decision making in industry results in satisfaction of employees and an increase in productivity and profit. It empowers the employer to achieve the organizational goal. This study was conducted to assess the present situation‚ nature and types of workers participation and motivation
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BANKING SERVICES IN INDIA I. HISTORY OF BANKING IN INDIA There are three different phases in the history of banking in India. 1) Pre-Nationalization Era. 2) Nationalization Stage. 3) Post Liberalization Era. 1) Pre-Nationalization Era: In India the business of banking and credit was practices even in very early times. The remittance of money through Hundies‚ an indigenous credit instrument‚ was very popular. The hundies were issued by bankers known as Shroffs‚ Sahukars
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job is essential for an employer. But retention is even more important than hiring. The employees are valuable assets to the organization so it is the responsibility for the organization to develop the strategies in order to retain the employees. Employee attrition may be due to various factors such as lack of growth opportunities‚ dissatisfaction with the working environment‚ lower payees... As soon as they feel dissatisfied with the current employer or the job‚ theyswitch over to the next job‚
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CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In this modern society or the entire world has grown to a level that the use of computers in the chain of production is inevitable. The genesis of automation in the banking industry in Nigeria can be linked to the on-going struggle by individual banks for survival and growth. Automation means the use of automatic equipment in place of manual labor‚ also can be the use of machine for four D’s task where the four D’s stands for Dangerous
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