Bank account

arrival I contacted the victim, Armando Chavez at his apartment 6A. Armando stated that several days ago, no precise date, he went to his bank to deposit money into his account. Armando stated he banked at Alaska USA. Armando was advised by a teller that he had a negative money in his account and it looked as if someone had attempted to deposit money from his account. Armando stated that he was not the one that attempted to withdrawal the money as he knew he had a balance of zero dollars. The…

Challenges they are likely to face are: Climatic changes, difference in culture, language and religion, overpopulation in certain areas that can cause poor housing, hindrance of economic growth as the population could put a strain on the available scarce resources resulting rise in crime rates and contra bonos mores activities such as prostitution, drug dealing as people thrive to survive. Why finance? Finance originally came from the Latin word “finis” meaning an end, that is, the role of…

Citibank are very well maintain in terms of its consumer division as a multinational financial services. It was known as the largest bank holding company in USA by assets, which then followed by Bank of America and JPMorgan Chase. Social Factor Citibank have 3777 branches locations in 36 countries globally and out of all their services, online service have successfully claiming of 15 million users (resources from Wikipedia). Based on the 2013 annual report, the Global Consumer Banking (GCB) was…

recommending financial reforms, and despite limits to its powers that include not being empowered to set interest caps on lending rates, the agency has arbitrarily recommended a 36 APR limit. Knowledgeable experts in finance--including those of the major banks--insist that this limit is impractical and unprofitable for companies that want to offer short-term or payday-type loans. If this kind of lending becomes unprofitable or is simply banned, what might…

Many companies have and will share consumer financial information with their affiliates. The information that is released can be very sensitive and personal about the consumers. Sine the year of 1991 there has been financial occurrences with banks that have created troubles for consumers. As a result of shared consumer financial information, congress passed the Gramm-Leach-Bliley Act (GLBA) to protect consumer financial privacy that requires companies that are classified as financial…

simultaneously using many of the same resources. Combined with summer vacation requests, scheduling large meetings proved to be very challenging and were ineffective in adding to production value. The project was broken down into three sub-groups; Checking Account Development, Visa Development, and Marketing, Training, and Employee Development. These groups were made by looking at the strengths that all of the team members possessed and delegating tasks within those boundaries. The project…

they have at their disposal they will be more inclined to make better decisions. The core problem that the poor face is that as they grew up they never had good role models to teach them the value of saving money and investing. They do not encounter bank branches in their daily lives because the areas that they live in have none, therefore they do not understand the benefits they bring. In their article The Geography of Fringe Banking the writers Christopher Fowler, Jane Cover, and Rachel Kleit…

A huge negative impact caused by computers is cyber theft. Many banks have been subjected to many cyber thieves accross the world. When you think of a bank robber, you would think of someone stealing a few thousand dollars by going to a bank with a gun and demanding money. That is nothing compared to cyber theives. A group of cyber thieves stole 300 million to 1 billion dollars, from 30 banks accross the world, in just two years (securityweek.com). Thousands of people across the…

advertising, expansion, paying the interest on loans, etc - we should consider the various sources of finance available to businesses. Some of the different sources of Finances available are: 1. Long Term Bank Loans products normally have lower interest rates than short terms loans, credit accounts and credit. Kokenmuller, N. (2015) 2. Venture Capital is not a funding loan scheme; there is no repay schedule; which means you…

Lloyds Bank – DDoS Attack Lloyd bank in the UK was hit with a 2-day Distributed Denial of Service (DDoS) attack just recently in January. This attack left customers unable to access their online banking and prohibited them from making payments. According to the article, Lloyd Bank was among a pool of banks in the UK that were targeted. Fortunately, the banking information of Lloyd Bank’s clients remained safe as a DDoS attack only brings down a network’s ability to function properly, but it…