E-BANKING E-BANKING Group 14 Section3 Group 14 Section3 Table of Contents ABSTRACT 4 INTRODUCTION 4 BRIEF HISTORY OF E-BANKING IN INDIA 5 HOW DOES IT WORK? 5 LITERATURE REVIEW 6 Need for E-banking: 7 Advantages and Benefits of E-Banking: 7 Drawbacks: 8 E-banking in Rural India 9 Online Trading 10 Traditional Trading Vs Online Trading 10 Online Bill Payment 11 Frauds 12 Phishing 12 Trojan Horse 13 Preventive measures 13 OTP 13 Hardware Tokens
Words: 4291 - Pages: 18
following feasibility report aims at providing Tellafony Solutions with: • Information regarding possible options how to deal with the present Customer Relationship Management (CRM) system. • Detailed analysis of each new option including advantages, disadvantages and predicted expenditure; • Recommendation on foreseen best option. Tellafony Solutions’ main information system is Callplex PBX, which is a ten years old Customer Relationship Management (CRM) system. It now requires a lot
Words: 1135 - Pages: 5
7/6/14 | 2014 | | Sharon L. Miller Business Management 364 Prof Robert Steiger Management & Organization Theory | Whole Foods and Trader Joe’s Comparison Report | A report that compares two health food stores to see if they are true to their company’s core values. | This report attempts to explore the mechanism of two health food stores – Whole Foods and Trader Joe’s. Included in this report will be the similarities and differences of each store and the quality of each store’s
Words: 1718 - Pages: 7
Ghemawat’s “AAA” Global Strategy Framework Ghemawat so-called AAA framework offers three generic approaches to global value creation. Adaptation strategies strategies that seek to increase revenues and market share by tailoring one or more components of a firm’s business model to suit local requirements or preferences. Aggregation strategies focus on achieving economies of scale or scope by creating regional or global efficiencies; they typically involve standardizing a significant portion of the
Words: 5113 - Pages: 21
SUMMARY In 2000 Oklahoma National Bank was founded with $11 million in capital but the bank has developed over $ 127 million in asset thanks to strong organizational culture and the bank’s ability to maintain high asset quality. However, there were some important factors that affect negatively bank industry. The first one is to over spend household and business debt levels. The expenses of household and business caused debt rapidly increasing. The second is fierce competition in banking enforced
Words: 745 - Pages: 3
1997. CIMB bank, as a major player in this industry, has faced a lot of challenges from local and international. As a growing bank in that time, CIMB bank has struggled hardly to become the best financial institution in Malaysia. In recent years, the government has liberalized the banking industry, which allows more foreign financial institutions to start their business here. This has increased the level of competition within the industry and in fact, has affected the position of CIMB bank as one of
Words: 8965 - Pages: 36
Chapter 7: * Merger: a strategy through which two firms agree to integrate their operations on a relatively co-equal basis * Acquisition: a strategy through which one firm buys a controlling, or 100% interest in another firm with the intent of making the acquired firm a subsidiary business within its portfolio. After acquisition, management of the acquired firm report s to the management of the acquiring firm * Takeover: a special type of acquisition when the target firm did not solicit
Words: 7561 - Pages: 31
Cash Connection: Are its Payday Lender Strategy and its Business Model Ethical? Situation: In 1986, Allen Franks, President of Cash Connection, opened his first check-cashing store in Shreveport, Louisiana. Not only did Cash Connection provide check cashing and payday advances, they also offered prepaid phone cards, bill payment services, and money orders—serving as Western Union agents to transfer funds for customers. In the early 1990s, payday advance services grew as a result of a strong customer
Words: 886 - Pages: 4
BinaFikir’s net asset value of RM5.24mil as at June 30, 2009.Post-acquisition, BinaFikir recorded net profit of over RM930,000 for the half year ended Dec 31, 2009. The strategic advisory franchise of BinaFikir, now well integrated into Maybank Investment Bank, has seen an expansion of our investment banking operations and talent, enabling Maybank IB to position itself more aggressively in a challenging investment banking environment.As stated in our press release on March 15, 2010, Mohammed Rashdan Yusof
Words: 917 - Pages: 4
presence in America spanning across 40 states. It serves approximately 54 million consumers in US and its foot print covers 80 % of the population. The bank is being led by Brian Moynihan who succeeded Ken Lewis as the President and CEO effective January 1, 2010. Some of the key highlights of Bank of America are: As of 2010, it is the second largest bank holding company behind JP Morgan Chase in United States by assets which stood over US$ 2 trillion As of 2010, the company is the fifth largest company
Words: 4633 - Pages: 19