and the widespread use of internet‚ people’s lives‚ in all aspects‚ become easier and more convenient. Internet may be the most eminent innovation in the history of mankind. However‚ like other innovations‚ internet itself is beneficial‚ because of its convenience‚ its diversity of information and its enhancement of interpersonal communication‚ but also harmful‚ because of its no guarantee of information accuracy and the risk of theft of personal information. Internet can bring us many conveniences
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According to King‚ McKay‚ Marshall‚ Lee and Viehland (2008) online banking or electronic banking (e-banking) includes various banking activities conducted via the Internet from home‚ business‚ or on the road opposed to at a physical bank location. This paper shall compare and contrast both the online and offline retail environment for banking services. Internet banking offers great opportunities to the financial-services industry‚ including: • a huge potential customer base • large economies of
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Challenges for Mobile banking services Mobile banking is also popularly known as SMS banking or M-banking. It is the latest development in the banking sector that enables us to conduct banking transactions by using the mobile phone. Mobile phones are no longer a communication device‚ but can be used for several other purposes including executing business operations. After internet banking‚ it has added another dimension to banking by enabling any kind of banking transactions like payments‚ balance
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THESIS PAPER ON ’’The Scenario of Electronic Banking Service in Bangladesh: An Analysis on selected Commercial Banks of Bangladesh" (This paper has been prepared for submission into the Department of Business Administration‚ Metropolitan University‚ Sylhet‚ as a partial requirement for fulfillment of the MBA Program.) Submitted to Mr. Debashish Roy Senior Lecturer Department of Business Administration Metropolitan University. Submitted By Bishwajit
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Effects of Internet The internet is a wondrous creation and the world is progressing rapidly ever since things have become available with just a click. It has an impact on our daily lives as we all have been influenced to that extend by the internet. With the use of internet‚ life has become easier and smoother and almost all required information are at our fingertips. What exactly is Internet? It is basically a network that connects globally to millions of computers. With the onset of internet‚ accomplishing
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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 some developing countries believe do not reflect the changing patterns of Internet use and are therefore both inappropriate and unfair. The internet evolution started back when the first recorded description of the social interactions for
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are all provided by the internet. Likewise‚ the disadvantages are just as large. Jerks (trolls) on the internet bully‚ viruses infect your computer and using the internet takes up valuable time. You decide how you want to use it. ADVANTAGES Communication: The foremost target of internet has always been the communication. And internet has excelled beyond the expectations .Still; innovations are going on to make it faster‚ more reliable. By the advent of computer’s Internet‚ our earth has reduced
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deposits and advances and other related services. It receives money from those who want to save in the form of deposits and it lend it to others. Functions of Commercial Bank Primary Function: The primary functions of bank are also knowns as banking functions . They are the main functions of a bank. Accepting Deposits SAVING DEPOSITS An persone can open an saving account by keeping a minimum deposit amount. Procedure Following documents to open a bank account: 1. Address proof 2. Identity
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Strategic Business Analysis Case Study VIRTUAL BANKING: NEXITY IN FOCUS Name: Samih Yehia Table of Contents Task i: Historical Developments and Trends in the Banking Industry ……..............................04 Political environment ..................................................................................................04 Economic environment ...............................................................................................05 Sociological/demographical
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Registrars Ltd‚ GT Homes Ltd‚ GTB Assets Management Ltd‚ and GTB Finance B.V Netherlands. Guaranty Trust Bank has over 160 branches in Nigeria and runs nationwide more than 230 ATMs. As one of the first banks in Nigeria‚ they introduced online banking and first sms banking and as very first naira denominated mastercard as well as the platinum and World signia cards and GTB on wheels‚ the only existing mobile branches. GT bank has already expanded to Cote d’ivoire‚ Gambia‚ Ghana‚ Liberia‚ and Sierra Leone
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