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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Bank Organisation‚ Resource and Information 1. Introduction In modern society‚ banks‚ especially large international banks‚ are playing a more and more important role in people’s daily life‚ as an individual‚ banks provide interest that attract you to put money in‚ and also‚ when you want to set up a new business‚ banks are there to offer a help. However‚ the financial crisis warns that banks are not all about good‚ they can also be dangerous‚ the recognition
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Page - 1 Mobile Banking (also known as M-Banking‚ m-banking‚ SMS Banking‚ etc.) is a term used for performing balance checks‚ account transactions‚ payments‚ etc.‚ via a mobile device such as a mobile phone. It was Internet Banking‚ which ushered in a new era in banking convenience by bringing the entire operations to the computer‚ and now mobile banking promises to take it to the next level. Internet Banking helped give the customers anytime access to their banks. Customers could check out their
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Marketing Information System Marketing information is the lifeblood of marketing process‚ marketing decision won’t be taken in the absence of marketing information. Marketing decisions are affected by many internal and external environmental variables‚ so the marketing decision maker needs a great deal of information related to these variables‚ to predict their directions and their expected effects on the internal activities of the organization and the market‚ in order to make the rational marketing
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History of Banking MONETARY The history of banking depends on the history of money- Two of the earliest things understood as available to barter are -Grain-Money -Food Cattle-Money ((((Grain-money and food cattle-money are used from at least 9000 BC)))) Anatolian Obsidian as a raw material for stone-age tools being distributed as early as 12‚500 B.C.‚ with organized trade occurring in the 9th millennium. ((((In Sardinia one of the four main sites for sourcing the material deposits of obsidian
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interesting to see a very strong French influence as well. ..* | . A fairly new comer to the world of offshore banking & incorporations‚ Mauritius is quickly becoming recognized as a small but sound jurisdiction. The Mauritius Offshore Business Activities Authority (MOBAA) regulates such matters as investments‚ trust services‚ trading and pooled or mutual fund programs. Banking is regulated by a separate entity‚ namely the Bank of Mauritius‚ which acts as both regulatory body and the central
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Course - International Diploma in Compliance Assignment due date - 29th August‚ 2011 Industry - Banking Board Memorandum To : Board of Directors Executive Management Subject : Recommendations to promote the independence of the Compliance Function Date : 29th August‚ 2011 In reviewing last year regulator’ report on our bank‚ the bank have been imposed more than fifteen major violations from the regulators and some of the violations have got the bank into
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HU Ruonan‚ Student number: 610035877 Candidate number: 021596‚ Tutorial Group: T1/02 Part 1: Diagrammatic Flow Chart Description of activity 1. Going to first meeting at Forum 2. Waiting for group members 3. Talking about the requirement about the presentation 4. Making a rough plan to research deeply by individual 5. Continue communicating via facebook 6. Going to the second meeting 7. Waiting for group members 8. Discussing about the key idea about sustainable supply chain
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demand and all the likes just to name a few. The ATM system used by micro financial institutions today is an inherited system from banking system therefore brought in efficiency in different micro financial institutions in terms of speed‚ data processing and storage. Thus‚ it brought in enormous improvement in queuing in institutions in use of the ATMs. Despite all the merits of ATMs‚ customers still bring up complains on the demerits of the system such as; breakdown of ATMs‚ long queues at the ATM
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Branchless banking is a distribution channel strategy used for delivering financial services without relying on bank branches. While the strategy may complement an existing bank branch network for giving customers a broader range of channels through which they can access financial services‚ branchless banking can also be used as a separate channel strategy that entirely forgoes bank branches. According to a 2011 survey‚ 62% of respondents said the Internet is their preferred banking method. Only
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