Impact Of Information Technology On Banking Sector

Impact Of Information Technology On Banking Sector
Impact of Information Technology in Banking Sector Vaishnavi Peddu, peddu1v@cmich.edu BIS 625 Research in Information Systems College of
Business Administration, Department of Business Information Systems Central Michigan University Mount Pleasant, Michigan 48858 USA
Introduction Globally information Technology is recognized as a key element in financial development in many countries around the world over
past decade. Various advancements have taken place in the banking sector in the point of information technology in a most striking approach. Thus
banks have come up with most rapidly changing strategies with high merger rate. Under these circumstances banks considered traditional
management approaches is not sufficient. With introduction of information technology in banking sector rapid changes shown up includes opening
account, mandate customer account and recording transaction process. Data correspondence innovation has assumed an unmistakable part in every
aspect of human life yet the leap forward of social advancement and the incredible improvement in engineering has inconceivably expanded the
part of data in every feature of human life. It has likewise enhance the general techniques of business banks execution through the utilization of
development and imagination relating to data innovation by business banks, this thus has prompted smooth, simple and advantageous method for
saving money with sufficient and quality administration to clients, which has additionally
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Barclays At The Annual Report And Its Financial Statement
Introduction
The report is based on Barclays, looking at the annual report and its financial statement, which would lead to creating a balance scorecard. That
would include the four prospective of the key performance indicator (KPIs). Furthermore, the use the KPIs to give a critical evaluation of Barclay's
performance with the use of the annual report and by researching and using the accounting statements.
Company's Background
Barclays was founded in 300 years ago as a trading goldsmith banker by John Freame and Thomas Gould. The company has three sectors to it as a
banking, investment banking and investment management. The company operates around 2,000 domestic braches and nearly around 850
international branches over 60 countries. ... Show more content on Helpwriting.net ...
Which are customer's perspective, financial perspective, internal financial process and learning and growth within the business?
Customer perspective: This is used in the company to measure and manage the customers or client's stratification with the company and to show
how Barclays services is delivered to its customers and clients (Charles Hannabarger, 2015). This can be used for new and existing customer,
which would provide the Barclays to look at cost, quality and services.
Financial perspective: It's used to measure the financial position of the company by using growth, profitability and how well they maximising the
shareholder wealth in terms of their profitability.
Internal process position: It looks at the internal operation and it facility and how it can be improving effectively to achieve their financial and
customer's objectives.
Learning and Growth: This aspect would lead the company to gain new skills, Knowledge, Technology and product design etc., to maintain a
competitive edge in their market of trade.
Customer perspective
As part of Barclays customers are more valuable assets, as one of the goal for Barclays is that they want to be the 'Go–to' bank for customers and
client within the next five years, this is done by having a sustain forward momentum. Furthermore, having an essential banking service that
customer need across the sector, region and around the

What Is The Impact Of Technology On The Banking World
Date Technology's Impact on Society in the Banking World Technology 's impact on society has changed in many areas of our lives. Technology
has changed travel, you can now book your own plane ticket without going to a traveler's agency, schooling you can take classes online, and have
access to doctors and medicine without having to leave your home. I chose to write about the topic of banking. With the help of technology banks
are able to reach out to more customers and provide better services to them. How has technology affected the world of banking? What choices do
we have when it comes to our banking needs? With the advance technology, banking has become a 24 hours a day and seven days a week ability.
Not too long ago banks were only open from 9:00am to 3:00pm, workers and businesses rushing to get to the bank before they close. Paychecks
were handed out personally not direct deposit, cashing or depositing a paycheck entailed a trip to the bank. Now most companies have direct
deposit and the printed paycheck is becoming a thing of the past, this is only one example of how technology in banking has changed in society.
The electronic banking (e–banking) can be described as the automated method of new and traditional banking services which reduce cost, and
simplify front and backend process satisfying customers. (In software engineering, the terms of "front end" and back end" are distinctions which
refer to the separation of concerns between a presentation

A Brief Note On The Canadian Banking System
2. ORGANIZATIONAL CONTEXT
Introduction
Canadian banking system has shown itself as been one of the most robust systems in the world (Ratnovski & Huang, 2009). Banking in Canada is
widely considered the most efficient and safest banking system in the world, ranking as the world 's soundest banking system during the global
economic crisis that started in 2007, according to the survey conducted by the World Economic Forum.
Banks play a key role in Canada's financial system and economic development. The banking industry includes 28 domestic banks, 24 foreign bank
subsidiaries, 24 full–service foreign bank branches and four foreign bank lending branches operating in Canada. (Source: Office of the
Superintendent of Financial Institutions as of January, 2014).
As major players in Canada 's financial industry, the banks serve millions of customers. They include individuals, small and medium–sized
businesses, large corporations, governments, institutional investors and non–profit organizations.
Banks are among Canada's leading employers. In 2000 the industry employed over 235,000 Canadians and had a Canadian payroll of
approximately $16.1 billion. In addition, in 2001 the six major domestic banks paid $4.8 billion in taxes to all levels of government.
The major domestic banks offer a full range of banking, investment and financial services and products. They have extensive, nation–wide
distribution networks and also are active in the United States, Latin America, the Caribbean,

This Section Analyses The Internationalisation Process
This section analyses the internationalisation process the case firm "Beta. Beta is one of the Nigerian "new generation banks". The Nigerian new
generation banks are banks that were established in the 1990's and grew rapidly to become top banks in the country. "Beta" evolved and expanded
rapidly in the 1990's and in the early 2000s to become one of the largest banks in Nigeria with a strong present in the West African region and a
subsidiary in the UK. This case firm is chosen because of the following reasons, (a) Beta is one of the top banks in Nigeria (b) the bank have
internationalised with subsidiaries in several countries outside Nigeria (c) the bank is one of the pioneer of foreign expansion of the Nigerian firms
(d) the bank ... Show more content on Helpwriting.net ...
By 1999 about 144 banks were in operation and by the end of 2003, a total of 89 banks with 3,282 branches network across Nigeria. According to
Adeleye, Iheanachor, Ogbechie, and Ngwu (2015), these banks were weak in both structure and operations comprising of low capital base, weak
insolvency, and illiquidity, poor ratings and asset quality; oligopolistic structure and weak corporate governance. The banks were also
overdependence on public–sector funds and income from foreign–exchange trading as they also lack the capacity and capability to support growth
in the real sector of the economy.
As a result, the sector was confronted by rampant bankruptcies, collapse, and breakdown of several banks. This was a source of concern for the
regulators and the general public because several customers and investors lost their life savings to dubious bank operators. The appalling situation
in the sector leading to 2004 compelled the bank regulators "Central Bank of Nigeria (CBN)", to decisively intervene to restore the public
confidence in the banking sector and the financial system of the country (B. Adeyemi, 2011). In 2001, a deregulation in banking sector saw the in
the issuance of universal banking licences to several of banks to operate as retail bank

An Analysis of Online Banking Usage Intentions: an...
AN ANALYSIS OF ONLINE BANKING USAGE INTENTIONS: AN EXTENSION OF THE TECHNOLOGY ACCEPTANCE MODEL By
Amin, Hanudin Publication: International Journal of Business and Society Date: Wednesday, July 1 2009 ABSTRACT Purpose – This study is
aimed at investigating the factors influencing the online banking acceptance in Kota Kinabalu, Northern Borneo, Malaysia.
Design/methodology/approach – This study applies technology acceptance model (TAM) as the base model in to investigate the online banking
acceptance. For this purpose, a linear regression is employed to examine the factors influencing online banking acceptance. The model employs
perceived credibility, perceived enjoyment, and social norm, in addition to perceived usefulness and ... Show more content on Helpwriting.net ...
The second section reviews studies which have examined the importance of perceived ease of use in explaining customers ' acceptance on online
banking. Perceived usefulness and perceived ease of use are the original constructs proposed by Davis (1989) in his model TAM. This model is
used as a point of reference to study the factors influencing Internet banking acceptance in Kota Kinabalu, Northern Borneo, Malaysia. Two
original constructs of TAM, perceived usefulness and perceived ease of use, as noted earlier will be employed. The third section explains about the
importance of perceived credibility – security and privacy in assessing the customers ' plan to use online banking in the future. The fourth section
reviews the importance of perceived enjoyment that may affect the customers ' acceptance on online banking. Finally, the last section pertains to
social norm as investigated previously by Nysveen et al. (2005); and Venkatesh and Morris (2000). Their studies suggest the importance of social
norm in explaining its effect for the technology adoption. Perceived Usefulness (PU) Perceived usefulness is defined here as the degree to which a
person believes that using a particular system would enhance his or her job performance (Davis, 1989). Prior studies have documented the
importance of perceived usefulness in information system (IS) adoption (Chiu et al., 2005; Cheong and Park, 2005; and

Analysis Of Computerized Banking System- Hdfc Bank
Project report submitted in partial fulfillment of the requirement for the award of degree of
POST GRADUATE
DIPLOMA IN MANAGEMENT
SUBMITTED BY
Ashish Puri
(Roll Number: 1321001578)
SUPERVISED BY
Mr. Lalit Taneja
(Project Lead at Syntel Ltd.)
CERTIFICATE
This is to certify that the project study entitled "Analysis of computerized banking system– HDFC Bank" is a bonafide work done by and
submitted in partial fulfilment of the award of degree in Post Graduate Diploma in Management.
Mr. N.M. Mishra
Faculty Guide
DECLARATION
I hereby declare that the project "Analysis of computerized banking system– HDFC Bank" submitted in partial fulfilment of the award of the Post
Graduate Diploma in Management of the IMT University, Noida, has been carried out by me under the guidance and supervision of Mr. Lalit
Taneja during the academic semester 2014–15.
It has also not being submitted by me or any body for the award of any other degree or diploma of this or any other institution earlier.
Date: 20–May–2015
ACKNOWLEGEMENT
I would like to express my deepest gratitude to my supervisor, Mr. Lalit Taneja , for his excellent guidance, caring, patience, and providing me with
an excellent atmosphere for doing research.
I would like to thank Mr. Nikhil Deshmukh of HDFC Bank Magarpatta City

Information and Communication Technology (Ict) and Banking...
ISSN 2039‐2117 Mediterranean Journal of Social Sciences Vol. 2 (4) September 2011
Information and Communication Technology (ICT) and Banking Industry
Alawode, Ademola John+ Emmanuel Uche Kaka**
*
Department of Computer Science, Federal Polytechnic Ilaro, Ogun State, Nigeria ** First Bank Nigeria PLC, Ahoada Branch, Rivers State,
Nigeria.
Abstract Information and Communication Technology, the language of the new age and its grammar which is Science has become an indispensable
and veritable tool for enhancing effectiveness and efficiency in all other aspects of life. Banking industry has learnt the grammar and understands
the language of the new age and tremendously transforms ... Show more content on Helpwriting.net ...
2 (4) September 2011
imperative in the industry. This study evaluates the response of Nigerian banks to this new trend and examines the extent to which they have
adopted innovative technologies in their operations and the resultant effects. Information and Communication Technology Information Technology
(IT) is the automation of processes, controls, and information production using computers, telecommunications, software and ancillary equipment
such as automated teller machine and debit cards. It is a term that generally covers the harnessing of electronic technology for the information
needs of a business at all levels. Communication is the conveyance or transmission of information from one point to another through a medium. An
example of how ICT has had an impact on the Banking Industry is that its emergence allows banks to apply credit–scoring techniques to consumer
credits, mortgages or credit cards. Hence, products that used to be highly dependent on the banks´ evaluation of its customers have now become
more standardized. Other examples of ICT impact on the Banking Industry include the increased process efficiency, which can reduce costs in
banks, and the branch renewal, where focus is gradually shifting away from traditional brick and mortar banks towards the dual–bank concept

Banking- Technology Impact
In the world of banking and finance nothing stands still. The biggest change of all is in the, scope of the business of banking. Banking in its
traditional from is concerned with the acceptance of deposits from the customers, the lending of surplus of deposited money to suitable customers
who wish to borrow and transmission of funds. Apart from traditional business, banks now a days provide a wide range of services to satisfy the
financial and non financial needs of all types of customers from the smallest account holder to the largest company and in some cases of non
customers. The range of services offered differs from bank to bank depending mainly on the type and size of the bank.
RESERVE BANK 'S EARLY INITIATIVES
As a central bank in ... Show more content on Helpwriting.net ...
The home loans are very popular as they help you to realize your most cherished dream. Interest rates are coming down and market has seen some
innovative products as well. Other retail banking products are personal loan, education loan and vehicles loan. Almost every bank and financial
institution is offering these products, but it is essential to understand the different aspects of these loan products, which are not mentioned in their
colored advertisements.
PLASTIC MONEY
Plastic money was a delicious gift to Indian market. Giving respite from carrying too much cash. Now several new features added to plastic money
to make it more attractive. It works on formula purchase now repay later. There are different facts of plastic money credit card is synonyms of all.
Credit card is a financial instrument, which can be used more than once to borrow money or buy products and services on credit. Banks, retail
stores and other businesses generally issue these. On the basis of their credit limit, they are of different kinds like classic, gold or silver.
Charged cards–these too carry almost same features as credit cards. The fundamental difference is you can not defer payments charged generally
have higher credit limits or some times no credit limits.
Debit cards–this card is may be characterized as accountholder 's mobile ATM, for this you have to have account with any bank offering credit
card.
Over the years, the banking sector in India has

Essay on Bank of America Case Analysis
Bank of America – Case Analysis
Prepared
By
Kesha S Mitchell
April 30, 2013
AMBA 650–1134
Marketing Management and Innovation
Professor Philemon Oyewole
In 2007, Bank of America (BofA) Corporation launched the largest secure mobile banking service in the United States and has over four million
mobile banking customers. BofA mobile banking service gives the customers access to their checking accounts for balance, transfers funds and to
pay bills through a mobile application (app) on their mobile phones and the mobile web on their phone's browser.
In past years, BofA has been discussing the bank's mobile strategies concerning mobile banking and how to incorporate mobile banking that is
specific to the customer's ... Show more content on Helpwriting.net ...
These advantages led the smaller businesses to concentrate on convenience locations, better customer service, reduction of banking fees, waiving
of ATM fees and the ability to cross–sell extra products and services. According to the research, in 2009 the consumers chose their banks based on
traditional criteria, such as low account minimums, competitive rates, and convenient locations. (Case, pg. 2)
Competitors
BofA competitors in the US bank holding companies are JP Morgan Chase, Citigroup, Wells Fargo and PNC Financial Services Group. JP Morgan
Chase is the leading mortgage lender and credit card issuer in the financial industry. It has more than 5,500 branches, operational in over 60
countries and it brags investment banking and asset management operations.
Citigroup has over 200 million customer accounts and does business in more than 160 countries. It supplies deposits and loans, asset banking,
brokerage, and wealth management. Citigroup selling strategy is to sell to underperforming and noncore businesses and to refocus on traditional
banking.
Wells Fargo Bank has over 6,200 bank branches in 40 states in the US. It believes in community banking which consists of corporate banking,
investment banking and provides financial advising in wealth management, retirement, and brokerage services.
PNC Bank operates

A Resume On A Career
Ibrahim Tabel
Professor Menz
English 103
29 July 2014
A Career in Investment Banking
1. Introduction
Ever since I was a child my father stressed the importance of education. He urged me to focus on anything that interests me, encouraging me to
keep a distance from the job he considered unfit but necessary. My father viewed our liquor store business as a disgrace to both our culture and
religion. This hatred only pushed him to further attempt to inspire me, to make me change course and not get stuck into the frowned upon line of
work. However, to my father's dismay, I grew obsessed with the idea of choosing items that were in demand and selling them at higher rates,
slowly but surely accumulating profit. As my experience at work grew, I ... Show more content on Helpwriting.net ...
Back then people believed that money can be made over night just by investing. According to the Wall Street prep website, everyone used to look
up to JP Morgan, the National City Bank, because they were the leaders of the game. JP Morgan was making a great amount of money, so great
that he personally saved the country during the calamitous panic in 1907. Banks began to use their federal loans in order to push the stock market
forward and make more money, and on black Tuesday of October 29 the stock market crashed which was one of the causes of the Great
Depression.
Furthermore, Wall Street prep also explains that During the Great Depression, the nation's banking system was in confusion, nobody knew what
was going to happen next, with 40% of banks failing. The Glass–Steagall Act was done by the government with hopes of bringing all of the banks
back to life by creating a wall between commercial and investment banking. The separation was made between the banks because it was time to the
desire to win in investment banking and the duty to help and provide service for people in regular banks. According to Walls Street prep, "The
regulations against such behavior became known as the Chinese Wall." They are called the Chinese wall because they block each other like a wall.
Ever since the Glass–Steagall Act was made not many changes happened to investment banking, and every day there are people who make
millions of dollars, and people who lose

Customer Satisfaction Survey at the Royal Bank of Scotland
CUSTOMER SATISFACTION SURVEY AT THE ROYAL BANK OF SCOTLAND |
ACKNOWLEDGEMENT
We express our sincere gratitude to our industry guide Ms.Shalini Menon, Vice–President Business Banking, The Royal Bank of Scotland for her
able guidance, continuous support and cooperation throughout our project, without which the present work would not have been possible.
We would also like to thank the entire team of RBS business banking, for the constant support and help in the successful completion of my project.
Also, we are thankful to our faculty guide Mr. Swarnpreet Singh of our institute, for his continued guidance and invaluable encouragement.
TABLE OF CONTENTS Introduction * Objective Literature Review * ... Show more content on Helpwriting.net ...
These claims on banks can act as money because they are negotiable or repayable on demand, and hence valued at par. They are effectively
transferable by mere delivery, in the case of banknotes, or by drawing a cheque that the payee may bank or cash. 2. Netting and settlement of
payments – banks act as both collection and paying agents for customers, participating in interbank clearing and settlement systems to collect,
present, be presented with, and pay payment instruments. This enables banks to economies on reserves held for settlement of payments, since
inward and outward payments offset each other. It also enables the offsetting of payment flows between geographical areas, reducing the cost of
settlement between them. 3. Credit intermediation – banks borrow and lend back–to–back on their own account as middle men. 4. Credit quality
improvement – banks lend money to ordinary commercial and personal borrowers (ordinary credit quality), but are high quality borrowers. The
improvement comes from diversification of the bank's assets and capital which provides a buffer to absorb losses without defaulting on its
obligations. However, banknotes and deposits are generally unsecured; if the bank gets into difficulty and pledges assets as security, to raise the
funding it needs to continue to operate, this puts the note holders and depositors in an economically subordinated position.
INDIAN BANKING

Essay On Credit Advancements
The study relates with the credit advances by banks and financial institutions. The research study has been carried out to find out the measure to
reduce the advances in different sectors and the techniques to control the level of bad loan and advances in banking sectors. In the era of
globalization the entire banking sector and financial institution is facing lot of problem. These problems include severe competitions, advanced
technology, modern management methods etc. Hence the strength and weakness can be studied by comparative analysis in the entire banking
system. The researcher has tried to analyse the gaps in sector on banking advances issues.
This is where we define in detail what we will attempt to investigate in this study:
... Show more content on Helpwriting.net ...
By providing credit to differ cluster of the society, farmers, industries, traders, housing, Education loan and small businessmen the economic
progress can be achieved. The banking Industry can control and maintain economic development by utilizing resources in the direction of national
objectives and priorities.
2) After world financial crisis several important developments/ reforms and policy measures introduced by the government. Bank enters into the
banking Industry in organized form and their contribution in Indian Economy is very participative form for activity of banking Business. My main
objective of the study is to trace outgrowth of banking industry and there advances after world financial crisis (i.e. 2008) and also assessment of
banking advances.
5.3.2 Secondary Objective:
1) Apart from quantitative expansion of bank credit, there has been a significant qualitative change in the lending policies of the commercial banks,
particularly after world financial crisis (i.e. 2008). Thus after reform a substantial part of the bank credit was given to cluster of the society. In
banking industry there is also become modernization, innovation, adoption of new technology with increase their selling and make their profit. My
objective is review the performance of implementation of lending Scheme and Credit Plans

Deutsche Bank’s Pan-European Retail Banking Strategy
BUSI 3312
Group Case Study– BUSI 3312
"Deutsche Bank's Pan–European Retail Banking Strategy"
In partial fulfillment of the requirements for BUSI 3312
August 7th, 2012
Table of Contents
Heading Page
Problem Statement 2
Data Analysis 3
SWOT Analysis 3
Strengths 4
Weaknesses 4 Opportunities 5
Threats 5
Key Decision Criteria 6
Alternatives 8
Alternatives Analysis ... Show more content on Helpwriting.net ...
2. Deutsche Bank has a lot of options that could all be beneficial to the future success of the bank. 3. If Deutsche Bank was to merge with Dresdner
Bank the connections and networking has already been accomplished. 4. If Deutsche Bank continues with it Pan–European retail banking strategy
they already have Bank 24, a division that is already retail banking oriented.
Weaknesses
1. The management of Deutsche Bank can not get along with the management of Dresdner Bank making if difficult if not impossible for the
organization to make the merge. 2. This inability of the management to get along with the management of another firm could cause problems in the
future if they can't get along with the management of other businesses in the future. 3. Moving into other countries in Europe is very expensive. 4.
If the bank moved towards the retail banking strategy, that kind of banking is low–margined and therefore may deter investors fearing less return
on their investments.
Opportunities
1. Deutsche Bank has a new goal expanding throughout Europe. 2. The banks online banking platform provided a powerful selling channel. 3. With
the advent of the euro the ability of operating a bank a pan–European market became a lot easier. 4. Deutsche Bank and Dresdner Bank could
merge and expand into investment banking. 5. Deutsche Bank already controls Bank 24 and it would be easy to shift

The Organizational And Environmental Audit Of Barclays
Task 2 This Task aims at providing the reader with information on the organisational and environmental audit of Barclays, as well as the
importance of its stakeholders through a stakeholder analysis and provision of potential new strategies to the organisation. AC 2.1 SWOT analysis
The purpose of a SWOT analysis for an organization is that it provides the managers with information on the strengths and weaknesses the
organisation currently has, the threats and opportunities for future development and growth. Based on this information managers are able to focus
and try to resolve current issues which are drawing back the company from achieving its goals, and to continue developing its strengths and
opportunities through technology and innovation. Table 1 SWOT Analysis of Barclays Retail Banking Strengths: Leader in banking services in
the UK (market share of 18% in current accounts in 2014 [ http://www.statista.com/statistics/387098/uk–banks–current–account–market–share/ ])
Innovator in digital and virtual banking; Opportunities Increasing loans and deposits; Opening of new digital branches; Presenting
differentiated digital banking products Weaknesses : Still weak on the loan and deposit policies; Still weak on investment banking (total
income decreased by 12% [
http://www.barclays.com/content/dam/barclayspublic/docs/InvestorRelations/AnnualReports/AR2014/Barclays_PLC_Annual_Report_%202014.pdf
]) Threats Highly competitive market with Lloyds, RBS and HSBC;

New Technologies in Banking
NEW TECHNOLOGIES IN BANKING TABLE OF CONTENTS TABLE OF CONTENTS 2 EXECUTIVE SUMMARY 3 INTRODUCTION 4
MOBILE PAYMENTS 5 1. Premium SMS based transactional payments 6 2. Direct Mobile Billing 6 3. Mobile web payments (WAP) 6 4.
Contactless NFC (Near Field Communication) 7 5. M–payments vs. Current payment methods 7 FINGERPRINT 8 1. Recognition Process 8 2.
Fingerprints in banks 8 2.1 Benefits 9 2.2 Problem 9 IRIS SCAN 10 1. Description 10 2. Why or why not use Iris can 10 3. Implementation for
Banks 12 CONCLUSION 13 APPENDIX 14 EXECUTIVE SUMMARY Payments are transfers of wealth from one party to another and those
transfers usually occur in the case of an exchange of goods or services. In order for the exchange to be ... Show more content on Helpwriting.net ...
Have you ever paid with your cell phone when making purchases? Or even used fingerprints or iris scan for security protocols at the bank or other
institutions? Well if not, soon will it be a routine. Financial institutions are looking for transactional security, airports for highly reliable verification
systems and corporations for data protection. The solution to all of these problems is embedded in technology; a technology involving biometrics
and Information Systems. Looking in depth at biometrics and information systems, we will discuss the different forms used to counter long waiting
periods and security deceptions. The question that would be answered will be how those measures will prevent fraud and make identification and
banking transaction more secure. Finally, we will provide recommendations about which biometric measure best suits the banking industry and
how it can improve the current system in place. MOBILE PAYMENTS One new technology entering the market, especially in Asia and Europe, is
mobile payments. Mobile payments, otherwise called M–payments, are made using mobile handsets or other devices, either to directly purchase or
authorize payments for goods and services. The dynamic behind it is that suppliers of an array of products have made it possible for consumers to
pay through their phones all their purchases. Although beneficent to

Bank Regulations : The Backbone Of The U.s. Economy
As I have stated before bank regulations are in place to be the backbone of the U.S. economy. Therefore, we live in a system that affects us every
day. Banks have certain requirements and instruments that help them stay open and be profitable. In the 1990s, interstate banking was finally
permitted to create nationwide banks of unprecedented size. Congress 's also attempted to force banks to make home loans to people who had
limited creditworthiness. These regulations are a major factor in why as many banks failing and disappearing today as we did pre Federal Reserve
System.
Bank regulations are based on a general core of principles. Banks have two important economic functions. First, they operate a payments system,
in which a modern ... Show more content on Helpwriting.net ...
Banks make their profits and cover their expenses simply by charging borrowers more for loans than they pay depositors to keep their money in the
bank. So simply put, charging high interest rates and distributing a low interest return. The intermediation function of banks is extremely important
because it helped to finance the American economy.
Two major focuses of banking supervision and regulation are the safety and soundness of financial institutions and compliance with consumer
protection laws. In order to measure the safety and soundness of a bank, an examiner's job is to provide on–site examination review of the bank 's
performance based on its financial condition and current management, as well as its compliance with regulations. The rating system used by the
examiner is called the CAMELS rating system which helps measure the safety and soundness of a bank. Each letter of the CAMELS system stands
for one of the six components of a bank's condition: capital adequacy, asset quality, management, earnings, liquidity and sensitivity to market risk.
The first component, capacity measures the borrower's ability to pay a debt, this component measures both the borrower's income to debt ratio and
the payment source of the borrower. Next is collateral, collateral reviews the bank's options if the loan is not paid based on the asset 's that a
borrower may possess. Then the

Process Controls And Technology Controls
Process Controls & Technology Controls Process Controls IT and Security Strategic Management, Policy and Architecture – Architectures, policies
and strategies defined to run IT services Organizational Structure, Roles and Responsibilities and Standards for interactions between groups;
authority for security and external security related Communications  Training and Awareness – Processes to increase visibility and knowledge of
security risks Assessment and Auditing and Processes to assess the environment, controls, policies and processes used to implement strategy
Authentication, Authorization and  Access Management – Processes and technology to verify users' identities and control access to resources
Operational Design,  Workflows and Automation – Design and implementation of automated solutions; workflow and resource management
Asset Inventory,  Classification and Management – Processes to identify and classify assets, supporting execution of asset class based policies
Incident Readiness and Response and standards for preparation for and response to incidents. Technology Controls  Application Design,
Development and Testing – Processes, procedures, and methodologies to ensure that new and updated applications are appropriate, efficient and
secure Systems Build and  Deployment – Systems and technologies to assure effective, secure deployment of new and updated systems  Data
Life Cycle Management – Technology to move, Replicate and protect data Configuration

Financial Analysis : Wal Mart
Today, the world's trend in operating business focuses on data availability to enact the best suitable decision to improve, develop, and increase
business revenues. Moreover, the availability of data helps to monitor and control the quality of provided products or services. However, the
availability of data without proper analytics operations would have no meaning (1). Data analytics provide an important aid to an organization to
figure out their position in the market in comparison with their competitors. Also, data analytics helps to identify what is the organization's
competitive ability in the market, what they should bet on, and what they should strive for. With that being said, many of today's most successful
organizations utilize ... Show more content on Helpwriting.net ...
Given my work experience in the banking sector, I believe that the critical factor in order to implement outstanding measures of the business is the
number of customers' records in our systems and the customers' financial transactions (3).
The Bank's Ability of Analytics The old management of the Saudi Investment Bank had enacted poor decisions due to their approach in making
executive decisions. The old management used their professional experience and assumptions to enact big decisions. This approach has cost the
bank millions of dollars, as an internal consultant department announced (4). For example, the bank was well known in the time of its
establishment as a corporate bank. The bank had not accepted to open individual accounts. At that time, the bank was the first corporate bank in
Saudi Arabia. However, the bank did not act seriously to capture a new segment of customers. As a result, the bank has failed to compete with
other banks. By the time, the higher management of the bank has changed to a new management that believed in statistics and analytics to conquer
the market. The bank started to focus on capturing a new segment of customers, thus it finally decided to open new branches and proceeded to
expand its retail banking sector. Due to limited resources, the bank had to decide in which area the bank should open branches to gain a huge
number of customers to convince the board of directors about the importance of the retail

Customer Experience At The Local Branches
I order for a company such as First State Bank to improve its banking accuracy and speed in order to enhance customer experience. The company
needs to first collect customer feedback via the survey on the company web portal or questionnaire at the local branches. After collecting data from
the customer survey management and the IT department will apply the customer feedback in their process to enhance the company database. By
configuring their database into a crossbreed of centralized and decentralized processing and improves the banking experience. Allowing customer's
the ability to bank at any of the 11 local branches; monitoring transaction and central processing the customers' data while updating the database.
All cash, checks and payment of customer's bills can be recorded via remote computers (ATM's and local branch computers). Once the customer
transactions are recorded by the computer or ATM the data is then sent to the data warehouse a few times a day updating customers banking
statement. For example, local business payroll account can be stored and processed via electronically since most transactions is done electronically
or manual cash deposits. The data warehouse that located in the main branch can process more efficiently if a highly experienced data processor is
used to alleviate the database of data communication processes. Using a secure carrier network is the best method for good communication, while
processing data between servers and the data warehouse. A

Case Study Of International Business Management
LABUAN SCHOOL OF INTERNATIONAL BUSINESS AND FINANCE
UNIVERSITI MALAYSIA SABAH
LABUAN INTERNATIONAL CAMPUS
ASSIGNMENT
COURSE: INFORMATION TECHNOLOGY FOR BANKING MANAGEMENT
CODE : GB 31103
Name Matrix no.
Cheng Khai Ling (L) BG 12110059
Lilien Choong Hooi Hyit BG 12110236
Low Xin Yi BG 12110263
Chu Vui Kien BG 12110090
Yap Chun Hien BG 12110596
Chong Vui Fatt BG 12110081 Value Chain
A value chain is a chain of activities that a firm operating in a specific industry performs in order to deliver a valuable product or service for the
market. The concept comes from business management and was first described and popularized by Michael Porter (Porter, 2013)
Above figure is retrieved from Standard Chartered Bank Value Chain, same as Porter's value chain, it start with inbound logistics, operations,
outbound logistics, marketing and sales and service. All of those are known as primary value chain. Next will be the support activities that consist
of procurement, technological and development, human resources and infrastructure. ... Show more content on Helpwriting.net ...
Example like call–offs to suppliers for supply, material handling and warehousing, but in all banks include Standard Chartered Bank itself, the raw
material will be the money and the gathering fund will be the gathering activity in this level. Bank can collect fund or capital by selling deposit
services, issue bonds, or borrowed from Capital Bank or in this case the suppliers of the raw materials (moneys).

Case Study Of RICB
Major RQ: What are the critical successes factors responsible for smooth adoption of electronic payment platform by RICB in an emerging
market? The following are the sub–research questions:
1. How does top management support influence the intention to adopt electronic payment platform for RICB?
2. What is the organizational readiness level of RICB to influence the adoption of electronic payment platform?
3. What are the perceived benefits identified influencing RICB to adopt the electronic payment platform?
4. Which factors of external pressure have significant influence on adoption of electronic payment platform by RICB?
Chapter 4: Findings
4.1 Introduction
This chapter illustrates complete assessment on the findings made on electronic payment platform adoption prospect by Royal Insurance
Corporation of Bhutan Limited in its chosen lines of businesses. The theoretical framework of Iacovou et al., (1995) model was used as the base
for the research, customized to be applicable to Bhutanese perception. The Independent variables are perceived benefits, top management support,
organizational readiness and external pressure and electronic payment platform adoption as dependent variable. The research also came upon some
of astoundingly latest findings; it ... Show more content on Helpwriting.net ...
Apart from that the respondents felt RICB Multifaceted Business structure is one of the company's existing strength thus the adoption of electronic
payment platform will provide customers the convenience of investment, insurance, and social security's services under one umbrella. With the
introduction of this electronic mode of transfer of funds, the inconveniences and delays associated with the current cash and other paper based
transfer of funds such as cheques and drafts shall be minimized as the participants will be able to settle their transactions efficiently and
faster(RMA,

Compare And Contrast American Cities And Banking
Banks and Banking Katy and in other American cities: Benefiting World's Economy Banks can be described as a financial institution where
deposits are accepted and credited from the public. There are very essential in the financial systems as it influences the economy of a country. Most
of the countries follow a system which is known as fractional reserve form of banking. Under this policy banks holds liquid assets which is equal
to only a part of your current liabilities. These institutions are subjected to minimum capital standard which is called Basel Accords. Banks are
specific place which will ensure that your finances are secured. Banking can be defined as a process through which the finances of a country is
controlled and created. These finances are loaned to gain profit through interest. In recent times banks perform varied functions like ATM cards,
safeguarding of valuable things, providing lockers, credit cards and online banking. Banks and banking Katy and in other American cities has
helped the world economy. The simple method of safeguarding money and lending it to the borrowers leads to a productive flow of money. This
process has helped in the development of economies of varied countries. The advantages of Katy Banks and Banking and in other American cities
Banks are a place where your money grows and is safe. In recent time the facilities and the attractive interest rates which banks offers helps you in
managing your finances. Money is a very important factor

The Internet And Other Electronic Media
The internet and other electronic media have had a positive impact on the lives of individuals and businesses all over the world. Online banking is
a phenomena that was established to make the banking services easier and accessible for the customers. In Saudi Arabia, many people prefer wait
in the bank to pay their bills rather than doing it online. This research investigate the extent of using online banking in Saudi Arabia, the associated
problems of not using online banking and suggest a solutions for the financial industry in order to enhance it is online services.
Introduction:
The banking arena during the last decade has seen a significant expansion in banking technology. The most prominent aspects of the ... Show more
content on Helpwriting.net ...
(Federal Financial Institutions Examination Council,2003). The usual E–banking services provided by banks are account management; bill
payment and presentment; new account opening; consumer wire transfers; investment/brokerage services; loan application and approval; account
aggregation; cash management ; small business loan applications, approvals, or advances; commercial wire transfers; business–to–business
payments; employee benefits/pension administration etc. Online banking or E–banking has spread around the world and has become common
these days. In general, banking services have changed over the past three decades to meet the consumers' needs (McKinsey & Company, 2012); at
that time, when the consumer needed money for purchases or to make a transaction, he needed to go to the bank by himself during the bank hours
and perhaps waited in a long line to meet a human teller to implement his transaction. Nowadays, due to the E–channels that surfaced with the
development of technology and the Internet, the processes of banking have changed. The consumer can make a transaction from one account to
another while sitting in his couch anytime and anywhere.
The emergence and evolution of online banking:
Since the early 1980s, innovations in online banking have been varied in the finance world. At the time they called it

Jp Morgan Chase Bank Swot Analysis
As a Brand: Chase Bank JPMorgan Chase & Co. is one of the oldest and well–known financial institution since its founding in New York in 1799
by Aaron Burr (The History of JP Morgan Chase & Co., 2008, p.2). As of beginning of 2015, Chase has more than 5,600 branches and 18,000
ATMs in 60 countries (Annual Report, 2014, p 42). For the year, the bank reported net income of $6.9 billion on net revenue of $34.6 billion
(Annual Report, 2014, p 48). JP Morgan Chase stands as the leader of the pack among the "Big Four" banks along with Bank of America, Citibank,
and Wells Cargo (King, 2015).
The Place of Chase Bank in Digital Banking Technology
In recent years, banks all–around the world have buckled down to develop digital banking platforms to keep up to date with ... Show more content
on Helpwriting.net ...
The Census Bureau projects for 2015 that Millennials overtook Baby Boomers, who are in range age of 51 – 69 years old now, as the largest living
generation in the United States as of 2015 and increase in size 83.1 million (U.S Census Bureau, 2015). But still Baby Boomers are the segment in
size of 75.4 million that is needed to focus on with extra attention for all kind of industries.
Chase recognizes that a large portion of the older adult and elder population will refuse digital engagement, preferring a visit a branch. Chase has
to maintain this customer base who brings more loyalty with a life–time value than Millennials and Generation X according to 2015 North America
Consumer Digital Banking Survey. Chase Bank must develop additional strategic moves that would embrace the elderly population. To reach
people who are older than 51, Chase has to persuade them to use online/mobile banking by showing them conveniences and amenities of Chase
digital platform and encouraging them with special offers and

Impact of Information Technology on the Nigerian Banking...
IMPACT OF INFORMATION TECHNOLOGY ON NIGERIAN BANKING SECTOR
(A CASE STUDY OF ZENITH BANK NIG. PLC)
MURTALA MOHD WAY KANO BRANCH
BY
ANWAR HASSAN
SPS/08/SMS/02856
IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF THE AWARD OF POST GRADUATE DIPLOMA IN BAYERO UNIVERSITY
KANO.
July, 2010 CERTIFICATION PAGE
This is to certify that_________________________________
Name:– Anwar Hassan
Exam No:– SPS/08/SMS/02856
SUPERVISOR :– DR. MOHD LIMAN
SIGNATURE:– __________________________
DEDICATION
This project is dedicated to my entire family. ACKNOWLEDGMENT
The task of putting this project into shape calls for the support of many hands. Firstly I would like to thank the Almighty Allah for giving me the
life, without which I ... Show more content on Helpwriting.net ...
This phenomena can be understood fro the wholesale deployment of the convergence of the high speed computers, communication apparatus,
information and data bank as well as skilled manpower, which brought about dramatic changes in all facts of life. The emergence of multi–

Impact Of Technology On The Banking Industry Essay
Introduction
Technological advancement has had a gigantic effect in the banking industry. Over the past few decades, the financial services industry has
changed considerably with banking transforming from the pen and paper method to the computers and internet method. The pen and paper method
took weeks or even months for the transaction to be eventually completed, and then the dramatic introduction of the computer and internet method
which changed that time frame to only a matter of seconds to be completed, which reduced the amount of time and labor needed to complete a
transaction significantly. Banking is considered one of the most important economic sectors with it being severely influential and responsive to any
little change, whether it is domestic or international. Some extreme changes that were brought about by the development of this new technology
turned into a globalized nature for the financial services industry. One stroke of a key on a computer could and would change a person 's life
extensively or even have a global impact. The new technologies that were created and introduced changed how the consumers managed their
money from that time on. Technology has helped to protect peoples' hard earned money and make it much more impossible for people to be able to
write out bad checks or even holding up a bank. The advancement in technology however, also came with some security risks as most things do,
that could affect the money that people trusted with the bank and

He Impact of Today's Technology on Banking
I am greatly honored to be here as Chairman of the Basel Committee on Banking Supervision. I'd like to begin by thanking the Swiss National
Bank, Kurt Hauri and the Swiss Federal Banking Commission, and Andrew Crockett and the BIS for organizing and hosting this important
conference. They've done a wonderful job, for which I know we're all very grateful.
It is also a great pleasure to be with you under such dramatically different circumstances than when we last gathered together. Just two years ago,
turbulence in the financial markets around the world had affected, in one way or another, the banking systems of virtually every nation, and bank
supervisors were struggling to preserve confidence and stability. Today, of course, the global ... Show more content on Helpwriting.net ...
Today, information of all kinds is transmitted easily, inexpensively and instantaneously around the world, providing finger–tip access to anyone
with a laptop computer, cellular phone or palm pilot. As but one example, I'd mention that, as of last month, the most popular items on the Federal
Reserve's public web site – including statistical reports on foreign exchange rates, selected interest rates, consumer credit and industrial production,
along with press releases and Federal Open Market Committee announcements – are accessible by wireless remote.
If information is power, and it surely is, then a profound and irreversible transfer of power is underway in the global financial marketplace – from
providers of products and services to consumers. For example, the Internet – something most of us had never heard of five years ago – is changing
how consumers shop for financial products and services, the prices they pay, and with which providers they establish relationships.
In response, financial institutions, who once viewed technology mainly as a cost center, now see the Internet and other technological capacities as
strategic tools for enhancing the value of customer relationship through cross–selling and improved customization. A recent survey of bank
managers in the United States reported that, for the first time, investment in Internet

Information Technology And The Banking Industry
Since the inception of Information Technology (IT), the business world has been transformed. In many aspects of business, IT contributes
remarkably in increasing effective usage of time, efforts and financial costs. This article is going to outline some examples of IT efforts that run,
grow, or transform the businesses it serves, thorough increasingly important layers of business operation and management. Those layers are
finance, communication and systems. 1. Finance
Some decades ago, business financial activities were far different from they are now. Transactions were made using cash or bank notes in person or
sent via mails. It could take about a week for a transaction to be completed due to the distance. Orders given to brokers on ... Show more content
Currently, 10,500 financial institutions and corporations in 215 countries are connected to SWIFT. Companies now are greatly benefited from
SWIFT services for foreign trade to receive timely payment.
Online banking is an important example of efforts that grow banking industry. In US, online banking was introduced widely when four of the city
's major banks (Citibank, Chase Manhattan, Chemical and Manufacturers Hanover) started to offer home banking services, using the videotex
system. "When the clicks–and–bricks euphoria hit in the late 1990s, many banks began to view Web–based banking as a strategic imperative. The
attraction of banks to online banking are fairly obvious: diminished transaction costs, easier integration of services, interactive marketing
capabilities, and other benefits that boost customer lists and profit margins. Additionally, Web banking services allow institutions to bundle more
services into single packages, thereby luring customers and minimizing overhead."
For stock market and stock brokers, the introduction of National Association of Securities Dealers Automated Quotations (NASDAQ) in 1971, the
world's first electronic stock market, made a huge impact. The NASDAQ helped lower the spread (the difference between the bid price and the ask
price of the stock) and reduce significantly the delay between the initiation and execution of stock orders. Moreover, NASDAQ has provided a
basis for the development of online brokers, which leads to a

Computer Interaction Has Changed Within The Economy
Within recent years human computer interaction has changed within the economy I will discuss three factors which interlink with this. These are
increased automation, productivity and varied working environments.
Increased automation
o Bank
Firstly you have increased automation within a banking environment you now have three main ways of banking. 1. Online 2. Telephone Banking 3.
Branch most major banks have introduced productive ways of banking to suit economy. Know two individuals bank the same everyone likes
something different you will find that generation will fuel the channel in which and individual will decide to bank.
By introducing online and telephone banking economy have no necessary need to go into their local branch and due ... Show more content on
Helpwriting.net ...
This is a prime example of how changes within the economy are effecting those who work for the banks and also customers of the bank.
It could be argued that making changes can help economy as more avenues have been introduced giving customers more choice. This allows for
any customer who works antisocial hours take control of their banking, it allows for every customer to be treated fairly as everyone has the same
opportunities with their banking. For example savings account online normally have a higher interest rate to those offered in branch these accounts
are optional for every customer however you need to bank online to manage the account therefore you automatically introducing yourself to a new
avenue of banking.
It could be argued that making changes is harming the economy as manual labour is taking a cut therefore more individuals are unemployed. More
unemployment puts a strain on the government this would then be costing the government.
Increased automation
o retail (Inc. stock levels/reordering)
Within the retail environment there has also been many changes which have had a knock on effect with the economy. The two many factors which
need to be consider would be stock levels and reordering of stock.
So for reordering stock and checking stock levels you can invest in an accounting software which will check your stock levels on a regular bases
allowing for less labouring staff to be

Microfinance And Financial Inclusion : Microfinance
4. Microfinance and Financial Inclusion:
Microfinance programmes are intended to reach poor segments of society as they lack access to formal financial services. It, therefore, holds
greater promise to further the agenda of FI as it seeks to reach out to this excluded category of population. India has adopted the Bangladesh's
model in a modified form. The Apex–Bank NABARD started 'SHG bank linkage programme' during the last decade of by–gone century, is by far
the major programme initiative without parallel in any parts of the world for achieving the FI. The programme has demonstrated across the country
its effectiveness in linking banks with excluded category of poor segments of population. In this process role of NGOs in development is quite
pronounced in providing the last mile connectivity as enablers and catalyst between the SHGs and Village level co–operatives/banks. This is also
supplemented by the MFIs delivering credit. To alleviate poverty and to empower particularly women, the micro–finance has emerged as a
powerful instrument to serve the objective of FI in India. With availability of micro–finance, self–help groups and credit management groups have
also started in India. More importance is being given to SHGs, since the micro lending to the group rather than individual borrowers is more
successful and in the process also making it to reach the goal of FI. All the members of the group are equally benefitted and also the repayment by
each member is guaranteed by

Brooklyn College . Econ 3320 . Spring 2017Due Date: 4/5
Brooklyn College
Econ 3320
Spring 2017 Due date: 4/5 11:00 AM
Midterm Exam 2
Emma Fehr
1) Given an asymmetric information problem, (1) how could a venture capital firm protect its equity investment from it? (2) Describe the problem.
In Economics, information asymmetry refers to decision making in transactions where one side has more or better information than the other,
creating an imbalance of power and knowledge in the decision making of that specific transaction. Asymmetric information can cause transactions
to steer away from appropriate, planned or expected course being taken. A venture capital firm is a group of investors who gain income from the ...
Show more content on Helpwriting.net ...
True/False/Uncertain? Explain.
True. I believe risk management has become one of the primary concerns for bank management. Banks deal with an overwhelmingly large number
of exchange securities, for example, ( loans, treasury bills, forex trading, ect...) This causes bank managers to have skills to properly analyse and
manage what securities they trade and what type of contracts they enter into, ( such as in hedging etc...). If banks do not shift their focus on such
new financial instruments they might go bankrupt as a result of excessive risks in such securities. Hence the focus of bank supervision has shifted
to risk management, rather than on capital requirements. Although both are key to running a successful bank.
3) Specialization in lending helps to reduce an asymmetric information problem in lending, (1) describe the problem. (2) What are the
advantages/disadvantages of specializing?
Asymmetric information in lending is a huge risk. When there is misinformation from a lender to a borrower, this can cause a few different
problems to arise; for example misinformation about job security or credit history from a borrower to a lender can result in late or missed
payments, fraudulent spending of the money lent or the lending amount to be turned as bad debt. Specialization is a tool used for risk management.
Specialization in lending helps reduce risk by gathering valuable and accurate information about the borrower. It

Companies That Exist Within The Banking Industry Essay
1. Competitors
There are over 46 companies that exist within the banking industry. Citigroup, Wells Fargo, Bank of America, J.P Morgan Chase and several
others. The competitors are relatively equal in size, however, they have different ranging revenues. The four major competitors consist of
Citigroup, Bank of America, J.P Morgan Chase, and Wells Fargo. Revenues for Citigroup Inc. were reported at $76 billion in 2014, Bank of
America was reported at $100 billion, and $96 billion for J.P Morgan Chase. Wells Fargo lags behind with $26 billion in revenues. Each banking
company had roughly around 200,000 employees. Another competitor includes the Commercial Bank of China with revenues totaling $2.8 billion.
Each bank has an average of $2 billion in assets, so not one bank has more than the other.
The banking industry has the least amount of growth compared to other industries. However, according to Deloitte (a highly established accounting
firm) the industry could grow within the next 10 years if they strategized and added possible advantages such as; sustainable technology, a new
design for service experiences, and building customer relationships. Sustainable technology can be described as mobile banking, pictured deposits
of checks, and several other mobile capabilities. Artificial intelligence and block chain technology has been thought of as a new design for service
experiences. Block chain technology would allow for all transactions that occurred within the banking

Impact Of Technology On The Banking Industry
Changing Technologies The change and advancement in technology are a significant factor in the banking business. Technology has led to
tremendous improvements in this industry. Since the commencement of this millennium, people have shown great love for their mobile phones
(Ozaki 1992). It necessitated the invention of mobile applications (APPs). From the introduction of the mobile banking, APP people rarely go to
the banks. All their transactions get done simply by the stroke of a finger. Businesses face a challenge of adapting to changes in the technology
sector. Mobile banking either through actual investing or any other means is on the rise. According to the most recent Federal Reserve study; most
of us haven't set foot in a banking hall in ages. It is a lost battle to banks that opt to use traditional methods to conduct their banking transactions
(Gup 2003). By December of last year, close to half of all smartphone users in the United States had transacted some or all of their banking on their
phones and iPhones. In the United Kingdom alone, rates of mobile banking transactions doubled over the course of a single year (Scn Education
2001). A banking business that invests in this type of technology gets assured of increasing their customer base. Continued Globalization of
markets involving 1st and 2nd world entrants Globalization is the process through which the world is slowly but surely getting interconnected. The
relation is as a result of the exchange of cultural

Information Technology & Banking
Information Technology and Banking 1
Information Technology and Banking
Dr. Pembamoto Business 5083: Management Information Systems Palm Beach Atlantic University
Table of Contents
I. II. III. IV. V.
Characteristics in the Banking Environment: Positive and Negative Impact of Information Technology in Banking: Trends in Banking: How
Sectors can affect Banking and Technology: Works Cited:
4 6 9 12 16
Abstract Financial institutions, particularly banks rely heavily on gathering, processing, analyzing, and providing information in order to meet the
needs of customers. Banks strive to get the deposits of their customers so in turn, that money ... Show more content on Helpwriting.net ...
Because of the smaller size, employees are able to give their customers attention and meet their needs. Since the 1980's, Savings and Loan
Institutions are not in business anymore. Yet this type of bank had customers bring in their deposits to finance lending for other customers. Finally,
the most important type of bank is the Federal Reserve Bank. Federal Reserve Banks are located in each Federal Reserve District, and there are
twelve. Having
twelve branches allows the bank to meet the local needs to customers. The actual system was established to conduct monetary and credit police,
along with supervising and regulating banking institutions. Offering customers new services and making improvements, allows customers to want
to stay with their current bank. Many banks have taken advantage of the online banking service. With online banking, customers can verify account
balances, pay bills, and apply for loans online. Cross–selling services is another way for bank employees to let customers know about the goods
and services they offer. For example, a business owner opens up a checking account but decides that he would like a safe deposit box to store
personal items. He also decides to open up a personal checking account for him and his wife, and utilizes the online banking portal to pay their
bills automatically, such as a mortgage payment. Certificates

A Report on NatWest Bank and an Analysis of the Banking...
A Report on NatWest Bank and an Analysis of the Banking Industry 1. Introduction This report focuses on NatWest and the industry in which it
operates. The purpose of the report is to give a concise but accurate view of how NatWest operates as an organisation and the links between its
environment, in this case the banking industry. Company History =============== National Westminster Bank came into being in 1968 when
National Provincial Bank and Westminster Bank merged and began trading on 1st January 1970. This allowed the bank to expand and venture into
new services such as credit cards and computer–linked cash dispensers. The 1980's saw deregulation of the financial markets ... Show more content
The £21 billion deal is the largest take–over in the history of British Banking. NatWest is now part of the second largest financial services group in
the UK and Europe and the fifth largest in the world by market capitalisation. What will the report tell us? The report will identify and evaluate the
significant problems and issues which NatWest is facing and the banking industry as a whole. Once these issues are identified it will then be
possible to identify any potential consequences which NatWest is likely to face if they are not addressed, the use of relevant analytical tools will
make this possible. The report will then suggest and analyse alternative solutions to potential problems by weighing up the advantages and
disadvantages of any proposed solutions. The findings of the analysis will be critically evaluated in order to achieve the main aim of the report in
the conclusion from which suitable recommendations will be made. These recommendations will acknowledge all the problems identified in the
analysis and evaluation and advice how they may be dealt with. 2. Evaluation Industry Analysis ================= The British banking
industry has come under extreme scrutiny over recent years and it is likely to continue during the foreseeable future. The perceived anti–
competitive nature is as a result of

Company Analysis : Wells Fargo Essay
Products & Services
Community banking operates one of the most extensive banking franchises in the United States. Wells Fargo through it Retail Banking locations,
offer its customers access to the full array of financial services, including banking, insurance, investments, mortgage, and consumer finance.
Among the products and services offered by its Retail Banking locations.
Like many retail banks it offers a great variety of checking and savings accounts; CDs; ATM, debit and prepaid products; Online Banking and Bill
Pay; and remittance products. The complete product offering at Wells includes the Distribution Strategies and Services Group; Regional Banking;
Deposit Products Group; Wells Fargo Virtual Channels, including digital, contact centers, and other emerging technologies;
Management
Wells Fargo, based in San Francisco, was one of the most respected financial institutions in the country, viewed as a kindly, exceedingly well–run
neighborhood–oriented bank with only modest aspirations for the rough–and–tumble world of Wall Street investment banking. That kind of folksy
appeal attracted the attention of the billionaire investor Warren E. Buffett and his company, Berkshire Hathaway, the bank's largest investor, with a
10 percent stake. Mr. Buffett's imprimatur helped make Wells Fargo the nation's most valuable bank.
Selling more products to customers has been a driving force of the San Francisco company. Wells Fargo had an incentive system that rewarded

Technology In Banking
Small businesses / small borrowers, post–recession (i.e. before 2008) are come across for more than just a lender. They are seem to be for an own
bank benefits and business partner.
This type of customer has created a unique opportunity for banks. Yet, many banks have not come across way of move beyond the traditional
lenders.
By becoming as a mentor to small business clients, banks gain additional revenue on this stream through fee–based services. For example, Bank
begun offering services such as deposit offerings, capital rising and strategic plan. Banks also offers a negligible cash management service to its
customers, which moves cash to a higher return investment once the account hits a certain level.
Offering additional services ... Show more content on Helpwriting.net ...
8. Its not necessary two institutes are the work equally or two banks are the same or two customers are exactly alike. It's come to know only
through test and then test again. Testing things includes such as messaging, frequency and channel of communications and special offers are some
of the very important areas possible for testing.
7.2 CONCLUSIONS
In the modern scenario India now competes the global world. Company having more challenging and take part to global completion. The Banking
conditions in the country are far better to any other country in the world. Banking Industry has also become more powerful in this scenario. It has
also many challenges faces to local level to state and national level. Banks Credit and liquidity risk studies suggest that Indian banks are generally
elastic. Indian banking industries witnessed adopt innovative banking models like credits (i.e. advances) and small finance banks. RBI's new
measures may helping the restructuring of the domestic banking industry. Banking is the credit creating sector. Contributions of banks to the GDP
of a country includes Credit creation, Banks nowadays perform various

Overview Of The Banking Industry Essay
1 OVERVIEW OF THE BANKING INDUSTRY
Introduction
India's banking sector has grown very fast over these years. India has a large web of banking it has 26 public sector banks, private sector consists
of 20, and there are 43 foreign banks which is a good sign for banking sector. Also it consists of 61 regional banks. There has been a noticeable
expansion in dealings through ATMs, and also with internet and mobile banking banks has shown tremendous growth.
Indian Parliament in 2012 passed a bill know as (Banking Laws Amendment bill) which has made banking easy in India and also opened doors for
the entire world. This bill states that RBI is the only body to make decisions regarding banks and it's the responsibility of RBI to make rules for
banks.
In coming years the banking sector is estimated to generate up to 20 million jobs, with the help of RBI and Indian government. Also, old way of
doing banking operations will go gradually with the modern technology. So banking sector is playing important role in Indian economy and also
we will play in the future.
2.1.2 Market size Banking assets in India reached up to US$ 1.8 trillion and in future it will cross US$ 28.5 trillion in FY25.
Private sector saw huge growth in personal loan and credit cards in 2014. Banks like ICICI had 14.5% growth in personal loan disbursement in
financial year 2014. Also Axis bank loan business had a growth auto 49.6% and its credit card business rose up to 31. %
Banking

Impact Of Information Technology On Banking Sector

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