with not only general information about its services but also the opportunity of performing interactive banking transactions. In electronic banking‚ bank customers can request information and carry out most banking services (e.g. balance reporting‚ inter-account transfers‚ and bill payment) via a telecommunication network without the need to go at the bank’s branch offices. Electronic banking comprises all electronic channels customers use to access their accounts‚ including the Internet and recently
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the demographic profile of your country based on the latest census data including: size of population‚ sex composition‚ age structure‚ racial composition‚ educational achievement composition‚ employment status BRIEF INTRODUCTION: Nigeria‚ located in West Africa‚ Nigeria is the population giant of Africa‚ with more than 140 million people. The terrain changes from the oil-rich Niger Delta in the south to a belt of rain forests inland and to high savannah-covered plateaus in the north. With her Federal
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1. Introduction 1 2. Executive Summary 1 3. Trends in Retail Banking 2 4. About the Internet 2 5. Virtual Banking and Applications 3 5.01. Interactive Application 4 5.02. Smart Cards 4 6. Online Banking System Security 5 6.01. Cryptography 6 6.02. Firewalls and Routers 7 6.03. Trusted Operating Systems 7 7. Supervision and Regulations of Network Banking 8 8. Conclusion 12 9. References 14 Introduction The
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Topic: The impact of activity-based costing on banking industry performance Activity-based costing (ABC) gives a true cost for the bank compared to traditional costing‚ which allocates most of the expenses. Banking has become very competitive‚ and it has become imperative that banks like any other businesses allocate their resources to the most profitable areas. For banking industry‚ in particular‚ the potential benefits of activity-based costing (ABC) implementation can be numerous. These include
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I. Internet or Online Banking Internet banking is the act of conducting financial intermediation on the internet. It includes offering of information and selected services through the World Wide Web by banks and other financial service firm. For those who are quite new to the concept of online banking‚ this type of service offered by banks actually works the same way as traditional banking. The major difference lies in the convenience offered by online banking particularly when it comes to making
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ASSIGNMENT GST 103 NIGERIAN PEOLE AND CULTURE NANRET GODFREY DIYOCK‚ REG. No. 4785 Bed 300 level 5/20/2013 QUESTION: Trace the history of Nigeria from pre-colonial era to date highlighting the leaders that rule the country at various levels‚ also indicate specific date of leadership. QUESTION: Trace the history of Nigeria from pre-colonial era to date highlighting the leaders that rule the country at various levels‚ also indicate specific date of leadership. INTRODUCTION
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amount of money having to pay back and could put stress on the organization if any financial situations ever aroused. Taking out this loan will have more people accountable for the company’s wealth. The only thing positive about doing this is that Merit is probably guaranteed to receive the money that they are asking. The biggest drawback is creating debt with multiple debtors. Public corporations are capable of raising capital from an IPO‚ as employees or individuals buy shares in the company‚ since
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Impact of Cashless Economy in Nigeria By Omotunde M. Sunday T. John-Dewole A.T. Greener Journal of Internet‚ Information and Communication Systems Vol. 1 (2)‚ pp. 040-043‚ April 2013. Research Article Impact of Cashless Economy in Nigeria *Omotunde Muyiwa1‚ Sunday Tunmibi‚1 and John-Dewole A.T.2 1 School of Computer Science‚ Mathematics and Information Technology‚ Houdegbe North American University‚ Republic of Benin. 2 Department of Computer Science with Electronics
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erosion in market shares. Because of globalization‚ internationalization‚ technical innovations‚ law deregulations‚ and market saturation‚ the current situation of the banking industry is changing. The intensity of competition increases due to new products and services as well as the entrance of competitors from other industries‚ such as the so-called non- and near-banks. Even more‚ the continuously growing educational standard as well as better opportunities to gather information induce enormous
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International Money Transfer in Nigeria (Kester Osahenye) Introduction With an estimated 145 million inhabitants (Nigerian Population Census December 2006)‚ Nigeria is unarguably the most populous country in Africa. Since the emergence of the nascent democracy‚ Nigeria now plays a pivotal role in African migrations. As Africa’s economic giant‚ Nigeria has also become increasingly involved in international migration to Europe‚ the US‚ the Gulf countries and South Africa. Yet Nigeria is a source and destination
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