ABSTRACT Electronic Banking system has become an important practice among Commercial banks in Nigeria. The introduction of the electronic banking has improve banking efficiency in rendering services to customer. In line with his study the is to aim at examine the impact of electronic banking system in Nigeria. Through the cluster sampling techniques‚ data was collected by means of questionnaires from 40 unity bank Officers and the result shows that Unity Bank electronic banking guidelines are in line
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The Negative Impacts of the Internet By Ru Guangrong‚ Chinese Information Center for Defense Science and Technology The Chinese Defense Science and Technology Information Monthly Issue 121‚ 5th Issue of 1998 The advent of the Internet has been one of the most exciting major events in the second half of the 20thtcentury. The ancient dream of “a scholar knows all things happening in the world without venturing outdoors” has finally become a reality. Since 1993‚ the Internet started to take
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Disaster Recovery Planning in Banking Sector Introduction On September 11‚ 2001‚ the terrorist attack destroyed the World Trade Center in New York‚ which was the most highly concentrated financial area. This attack not only destroyed the twin towers‚ but also ruined the financial system. Banks located in the World Trade Center went through an unprecedented disaster. The company’s back-up facilities which were too close to the primary facilities were disrupted as the primary facilities. Single
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Foreign Investment in Chinese Banking Sector: Hr Challenges Case Overview • China’s rapid economic growth offered many opportunities as well as many challenges for foreign firms trying to integrate themselves into the Chinese banking sector. • Despite having extremely conservative guidelines‚ the Chinese government managed to attract significant foreign interest and investment. • However‚ while most of the developing nations adopted trends set by the global banking giants‚ China made its own norms
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Impact of Technology On Business Q) What is the impact of technology on business? Explain with the suitable example of financial service sector. Ans) Introduction Technology affects almost every aspect of our lives. Just look around you and you’ll see how wired we are. Thanks to the Internet‚ virtually anything you desire can be delivered to your door in a matter of days. You can even trade stocks or file taxes online. But as much as our personal lives have changed‚ the business world has revolutionized
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media. Whatever the reason‚ people are constantly relying on technology to do something for them nowadays. The author Ray Bradbury emphasizes this in his short stories‚ “The Pedestrian” ‚“The Veldt”‚ and “August 2026: There Will Come Soft Rains”‚ where the main characters rely so heavily on their technologically innovative houses to feed‚ entertain‚ and aid them in their daily lives that all the outcomes are anything but positive. Negative consequences like these aren’t fictional like most of the
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• How should the banking system be regulated? The very nature of any free market system possesses elements of uncertainty and risk. For the economic process to function effectively in this environment‚ suitable financial regulation must be implemented by the state in order to assure stability and to aid decision-making. Financial regulation is the use of laws and rules to govern the behavior and activity of the banking sector. The establishment of statutes‚ contracts and independent supervision
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IMPACT OF ICT IN BANKING AND FINANCE As in a pendulum movement‚ the reflections about the impact of ICTs in the Economy have swung from enthusiasm to realism and back to optimism‚ being each of these states really subjective and implying a wide range of shades within. After a first period of cyberoptimism‚ people that “wanted to see” and people that thought “waiting to see” was a bad strategy because “it will then be too late”‚ followed a timespan where scientists — mainly economists — stuck to strict
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|Chapter 1: Background of the paper | 1.1 Introduction Globalization of financial markets and fears of financial instability have brought the issue of the corporate governance into forefront of the policy discussions. In an increasingly deregulated policy environment‚ the big corporate failures have raised the need for implementing competent corporate governance practices. The recent financial crises
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Central Bank of Nigeria BANKING REFORM AND ITS IMPACT ON THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria Being a Lecture delivered at the University of Warwick’s Economic Summit‚ UK 17th February‚ 2012 Prepared by the Research Department of the Central Bank of Nigeria Protocol 1. It is a great honor to be invited to address the Warwick Economic Summit‚ which has become one of the largest academic conferences in Europe. I wish to commend
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