Extending the Reach of Islamic Finance via Digital Channels by Raja Teh Maimunah
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A presentation by Raja Teh Maimunah Raja Abdul Aziz, CEO, Hong Leong Islamic Bank (HLISB) on the need for Islamic Banking to push the digital innovation envelope, and how HLISB is doing its part in this quest. Presented at the Kuala Lumpur Islamic Finance Forum 2015 - 02/12/2015
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This document outlines the contents and structure of a research project on online banking. It includes sections on introduction and background, conceptual overview, data analysis and findings, conclusions and recommendations, and bibliography. The introduction discusses the objectives, scope and methodologies of the study. It also provides context on the growth of online banking and how it has made transactions more convenient. The background section elaborates on the definition of online banking and how it has revolutionized banking practices. It highlights the benefits of online banking for customers, banks and businesses. The types of online banking services discussed include account management, payments, e-statements, bill pay, loans and new accounts. A literature review on previous studies of online banking adoption is also presented.
Hdfc bank net banking
This document provides information about net banking presented by Shalvi Mahawal. It includes sections on HDFC Bank profile, mission and vision, products and services, different payment methods, net banking, mobile banking, objectives and limitations of the project, data analysis and interpretation, and conclusion. The key points are that net banking allows customers to conveniently conduct over 200 transactions online, it provides benefits like convenience, portability, speed and effectiveness, and a survey found that most customers find net banking convenient and use it regularly to save time and access accounts 24/7.
CUSTOMER SATISFACTION project report on axis baNK 12.pptx
This document discusses digital banking services offered by Axis Bank in India. It provides an overview of Axis Bank, including its history and business objectives. It then describes several digital banking channels offered, including internet banking, mobile banking, QR code payments, and digital trade solutions. The document also discusses research conducted on customer satisfaction of Axis Bank's digital services and the benefits and security of digital banking.
Agent Banking Conference_140716 Eddie
Eddie Chibi of Econet Wireless Zimbabwe presented on assessing the social impact of digital financial services related to micro-credit, digital savings, and digital insurance. Some key points:
- Econet's digital financial service EcoCash has over 6 million registered users in Zimbabwe, accounting for 70% of the adult population. Over $16 billion has been transacted since launch.
- Digital savings and micro-credit products were launched as EcoCash grew and gained adoption. Over 1.5 million savings accounts have been opened compared to 1.5 million bank accounts total in Zimbabwe.
- For digital insurance through EcoSure, over 1.2 million people are subscribed, reaching 16% of adults insured
Study to Identify the Retail Penetration Level of Debit or Credit Cards in Ru...
Study to Identify the Retail Penetration Level of Debit or Credit Cards in Ru...Sravani Tallapureddy
The document discusses a study on analyzing the level of penetration of debit and credit cards in rural areas of India. The objectives are to examine digital banking services in rural areas, understand customer awareness of credit cards, and analyze the benefits of debit/credit cards. The methodology involves surveys using questionnaires of bank customers in rural regions. The findings show that while most respondents are aware of digital banking, many still rely on cash transactions due to lack of internet access. The document provides suggestions to increase card usage and digital banking adoption in rural communities.Mobile Banking
This document discusses mobile banking and presents the results of a survey about public awareness and use of mobile banking in India. It defines mobile banking as allowing customers to access and manage their bank accounts through a mobile device. The document then provides details about typical mobile banking services, the benefits for both customers and banks, the security measures used, and an example of State Bank of India's mobile banking registration process. Survey results show that most respondents are aware of mobile banking but still prefer traditional banking methods due to security concerns. However, many feel mobile banking could benefit society by saving time and reducing dependency on bank branches.
APIdays Singapore 2019 - How Platforms & APIs are changing the way that 3 bil...
The document discusses how platforms and APIs are changing banking for 3 billion people. A shift to digital payments is occurring across Asia, driven by mobile adoption, e-commerce, and younger demographics. While fees generate revenue, platforms will monetize the transaction data. APIs are key for fintechs and banks to provide new services. China's mobile payments surpassed the US in transaction value in 2017. Platforms like WeChat are using payments data to offer additional financial products beyond transfers. This situational finance model is personalized through constant data analysis. APIs will be increasingly important for open banking and virtual banks to compete.
Right Channeling
The document discusses opportunities for banks to implement "right channeling" strategies through mobile banking. It finds that (1) adding new mobile banking capabilities provides more choices for customers and opportunities to guide them to the optimal channel, (2) small business owners use mobile banking more frequently than retail customers which has implications for engagement, and (3) alerts have potential for real-time interaction and educating customers about channel choices. The document recommends banks understand customer mobile usage data to identify short and long term channeling opportunities.
E banking
Electronic banking, or e-banking, describes transactions that take place between companies, organizations, individuals, and their banking institutions using electronic communication channels. While some banks offered early forms of e-banking in the 1980s, growth was slow due to lack of interested users and high costs. However, the rise of the internet in the late 1990s made people more comfortable conducting transactions online, helping e-banking to expand.
ABA Innovation Infographic
There is a growing demand among customers for instant and mobile access to banking services from any device. Surveys show that customers want tools to help manage budgets and expect banks to analyze spending and provide feedback. New payment systems like Apple Pay and Venmo allow faster and more convenient transactions between mobile devices. Alternative lending through peer-to-peer or using non-traditional credit data is also gaining traction. Banks have tremendous customer data that can be leveraged to better predict customer needs and provide personalized services.
The Future of Banking
Mobile banking and payments are growing rapidly due to increased mobile and internet penetration globally. The number of mobile banking transactions is expected to grow from 2.7 billion in 2007 to 37 billion by 2011. Financial institutions are increasingly offering more products and services through mobile phones like money transfers, bill payments, and account access. Mobile banking provides benefits for both banks and users by offering convenient anytime, anywhere access to banking services. It allows banking to reach more remote, low income, and underserved populations through branchless banking.
Digital Payment-Revolution in India
It is one of the best presentation by engineering students of RIT under the guidance of Dr. Binod Sinha
Banking technology
This document discusses various technologies used in banking. It describes Inter Bank Mobile Payment System (IMPS) and how it allows customers to transfer funds between banks via mobile devices. It also discusses online banking, use of analytics for segmentation and understanding customer preferences, convergence of storage and computing infrastructure, mobile banking, electronic bill payment, electronic fund transfer, electronic cheques, Real Time Gross Settlement (RTGS) system, and Automatic Teller Machines (ATMs). The benefits of these technologies for customers, banks and employees are reduced costs, immediate access to accounts and transactions, increased productivity and efficiency. The challenges are costs of implementation, risk of technology failures, penetrating rural areas and upgrading workforce skills.
Bankingtechnology 150810041541-lva1-app6892
This document discusses various technologies used in banking. It describes Inter Bank Mobile Payment System (IMPS) and how it allows customers to transfer funds between banks via mobile devices. It also discusses online banking, use of analytics for segmentation and understanding customer preferences, convergence of storage and computing infrastructure, mobile banking, electronic bill payment, electronic fund transfer, electronic cheques, Real Time Gross Settlement (RTGS) system, and Automatic Teller Machines (ATMs). The benefits of these technologies for customers, banks and employees are reduced costs, immediate access to accounts and transactions, increased productivity and efficiency. The challenges are costs of implementation, risk of technology failures, penetrating rural areas and upgrading workforce skills.
Who will lead the mobile commerce charge? Pradip Pal, Accenture Executive
Mobile commerce is transforming banking and commerce through mobility. It is creating a new mobile marketplace that is always accessible. Mobile banking services, mobile payment services, and mobile enabled consumer services are the three directions this transformation is taking. Banks can use these services to engage customers, build loyalty, expand into new markets and increase the sophistication of their offerings. However, banks face competition from mobile operators, card issuers, app developers and retail chains also looking to engage in mobile commerce.
Dynamic in indian banking
The document discusses the growth of banking in India over the past decades, with the expansion of public and private sector banks as well as the introduction of new technologies like core banking solutions and internet banking. It then analyzes some of the challenges around further developing internet and mobile banking in India, such as understanding customer preferences and security risks. The document also examines the problems of cybercrime facing internet and mobile banking users and outlines topics for further research around these issues.
Mobilebankingppt 141002024752-phpapp01
This document discusses mobile banking in India. It provides an introduction to mobile banking, the typical services it offers like balance checks and funds transfers. It explains why banks promote mobile banking to improve customer service and reduce costs. The document outlines the registration process for State Bank of India's mobile banking app and discusses security measures. Charts from a survey show that while many Indians are aware of mobile banking, confidence and preference for it is still lacking compared to traditional methods. However, respondents felt mobile banking could benefit society by being cost effective for banks and customers.
Introductiontoebanking 1234532813570145-1
E-banking began in India in the 1990s and has grown significantly since then. The three main points are:
1) ICICI Bank launched India's first online banking services in 1996, and e-banking adoption increased rapidly in the late 1990s as internet access became more affordable and widespread.
2) By the mid-2000s, e-banking transactions comprised around 15-20% of transactions at major banks like ICICI and HDFC, up from only a few percent previously.
3) E-banking provides significant benefits and conveniences to both customers and banks by reducing costs while allowing 24/7 access to services, but it also raises issues regarding security, privacy,
Retail Banking India 2015 - Now and Predictions
The document highlights
- the Retail Banking Industry in India using the stats
- future predictions for the retail banks in India in terms of Technological advancement and Customer Engagement
- Top 10 Predictions from the World of Retail Banking.
Challenges for the Future of Retail Banking
Digital transformation in retail banking is a thriving and complex phenomenon. We at Designit try to make sense of it by identifying leading trends in three deeply interdependent categories: new enabling technologies, new customer expectations, and new strategic trends. The future holds uncertainty and promise, but some immediate actions are patently necessary for banks that want to stay relevant in an increasingly dynamic scenario.
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CUSTOMER SATISFACTION project report on axis baNK 12.pptx
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"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Unlock Your Potential with NCVT MIS.pptx
The NCVT MIS Certificate, issued by the National Council for Vocational Training (NCVT), is a crucial credential for skill development in India. Recognized nationwide, it verifies vocational training across diverse trades, enhancing employment prospects, standardizing training quality, and promoting self-employment. This certification is integral to India's growing labor force, fostering skill development and economic growth.
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Using Online job postings and survey data to understand labour market trendsLabour Market Information Council | Conseil de l’information sur le marché du travail
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
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Issb standards
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South Dakota State University degree offer diploma Transcript
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
How Non-Banking Financial Companies Empower Startups With Venture Debt Financing
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Who Is Abhay Bhutada, MD of Poonawalla Fincorp
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
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原版一模一样【微信：741003700 】【加拿大麦吉尔大学毕业证硕士学历证书】【微信：741003700 】学位证，留信认证（真实可查，永久存档）offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
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留信网认证的作用:
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3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
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在线办理(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证完成信一模一样
学校原件一模一样【微信：741003700 】《(UMASS毕业证书)马萨诸塞大学阿默斯特分校毕业证》【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
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留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
Discover the Future of Dogecoin with Our Comprehensive Guidance
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
Does teamwork really matter? Looking beyond the job posting to understand lab...
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Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdf
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
Unlock-the-Power-of-UAN-Your-Key-to-Secure-Retirement.pptx
The Universal Account Number (UAN) by EPFO centralizes multiple PF accounts, simplifying management for Indian employees. It streamlines PF transfers, withdrawals, and KYC updates, providing transparency and reducing employer dependency. Despite challenges like digital literacy and internet access, UAN is vital for financial empowerment and efficient provident fund management in today's digital age.
The state of welfare Resolution Foundation Event
How has Britain’s safety net changed since 2010 and what comes next?
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.Recently uploaded (20)
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Extending the Reach of Islamic Finance via Digital Channels by Raja Teh Maimunah
- 2. DID YOU KNOW? The volume of data processed in 2014 was approximately 6 zettabytes*. 6 zettabytes? : 6,000,000,000,000,000,000,000 bytes. *Source: IDC How much data is that?
- 3. 3.2b Online Users 44% of world population* Mobile Subscriptions 96% of world population* 47b E-Commerce & Mobile transactions & payments 2011-2015** 4.9bConnected things Up 30% vs 2014*** 25bby 2020 Source: *International Telecommunications Union **Capegemini ***Gartner Inc.
- 4. LARGEST ISLAMIC BANK BY ASSET in assets INDUSTRIAL & COMMERCIAL BANK OF CHINA (ICBC) USD3.6 TRILLION AL RAJHI BANK USD82b in assets WORLD’S LARGEST BANK BY ASSET 90,000CONVENTIONAL BANK BRANCHES We’re dwarfed by comparison…
- 5. SO HOW CAN ISLAMIC BANKS STAY COMPETITIVE? :
- 6. Stats don’t lie. The opportunity is evident. BANGLADESH Banking penetration: 31% Mobile penetration: 68% INDONESIA Banking penetration: <30% Mobile penetration: 99% PAKISTAN Banking penetration: 13% Mobile penetration: 70% + many more emerging markets with majority Muslim population are showing the same trends…
- 7. Deposit, withdraw, transfer money and pay for goods and services with a mobile device. Singlehandedly gave 20million Kenyans access to financial services (out of 44 million total population) KENYA Instrumental in bringing Kenya to 75% in banking population, highest in Africa, ahead of economic giants South Africa, Nigeria, Ghana. PAKISTAN Setup a bank account in just 3 minutes from a mobile phone. Enables users to visit any Easypaisa shops to deposit and withdraw cash. Users can also pay bills, transfer money, check balance, manage pin codes and more. 6 million accounts to date, making Easypaisa Pakistan’s 3rd largest bank.
- 8. …and why shouldn’t we innovate? We were once synonymous with it! SURGERY UNIVERSITIES LENSES & OPTICS ALGEBRACOFFEE At we’re doing our bit… HOSPITALS
- 9. “Malaysia’s Best Internet Bank 2015” Global Banking & Finance Review
- 10. Peer-to-peer mobile money transfer Send to mobile phone numbers, not bank accounts Select from address book, key in amount, generates code 3 ways for recipients to collect: - withdraw from HLISB/HLB ATM, no cards needed - transfer online, directly to their own bank accounts - to a fellow PEx user, it goes straight into recipient’s acc. Send reminders requesting for a PEx transfer PAYMENT EXPRESS
- 11. Customer opts to pay retail/food bill with PEx+ MERCHANT PAYMENT Merchant enters bill amount on their mobile device A QR code is generated for the customer to scan Bill amount is transferred from customers’ account into the merchant’s account instantly.
- 13. many more but my time’s up…+ Other notable functions & services…