Mobile banking

back, we needed a wired computer connected to telephonic ports to get internet access. Nowadays, mobile phones are used for super-fast internet, with applications ranging from banking to movie ticketing. This wireless technology helps reduce cost and also increases mobility. Devices are shrinking in terms of their size and are growing in processing speeds. 4G is the fourth generation of broadband mobile technology after 3G. All 4G technologies and other future technologies will serve the same…

Operating in a fractional reserve banking system where banks only keep a fraction of all their deposits in reserve, it is the role of central banks to protect and preserve its value and ensure its stability (Plosser, 2014). Central banks play a very important role in the fractional reserve banking system, because their goal is to limit the freedom of banks and prevent bank failures without completely limiting banks to performing “storage” services like 100% reserve banking would. However, many…

financial system. After 10% unemployment and over 1.5 trillion taxpayer dollars, many undoubtedly continue to question the usefulness and relevance of the Federal Reserve Banking System and its actions in today’s modern banking environment (Gorton and Metrick). Since the Federal Reserve was created in 1913, its mission to increase banking stability through preventive and reactionary policy while promoting economic growth in the American economy has been largely successful. However, after…

The original call came on 12/9/15 from a female who stated she was the client. It is believed to be the actual client, she was inquiring about surrendering her account, she also gave a change of address to Liberal Kansas (it was not changed at that time) she indicated she was having family problems and did not want her sister Janet Perez as the beneficiary anymore, however, on the 3/4/16 and the 1/11/16 call, the caller stated she was living at the address in Coconut Creek, FL which is listed as…

Should Sealand Securities Co., Ltd. be responsible for these entrust holding agreements with 20 more financial institutions that two rogue employees involved with a forged seal? The answer is yes, but Sealand Securities Co., Ltd should not take the whole responsibilities for this case because it is also a victim of its former employees’ unethical actions. According to the statement from department of human resource of Sealand Securities Co., Ltd., Yang Zhang resigned his position on August 1st…

Airtel Money, the mobile wallet from the successful and popular telecom company Airtel, allows you to use your smartphone as an electronic wallet to make and receive payments. Originally launched in 2012, the app offers customers with an efficient alternative to cash transactions. The Airtel Money app provides people across the country an adept and convenient way of paying bills through various ubiquitous mobile platforms such as Android, iOS and Windows. Airtel Money was initially used by a…

Introduction The mobile platform has been at the forefront of innovation in the last 5 years. We now have access to our email, personal media, and people we care about within reach of our pockets. Smartphones have recently made our lives easier with its quick access to services we didn’t have before. Applications like GrubHub and Uber allow us to get food delivered that would not normally and find an easy and safe ride to any destination. With mobile payments, companies like Google and Apple…

what life was like before mobile phones? Today’s generation has carried cell phones around for most of their lives. Let’s frighten the younger generation by telling them what the world was like before mobile phones (Clark). When you arrived at your friend’s house you honked your car horn or went inside to get them instead of making a phone call. Rather than sending Snapchats or following somebody on Twitter, you actually talked to them. People seem to be born with mobile phones in their hand in…

by a white glow, people ignoring the others around them, oblivious to everything going on around and eyes only focused down on that small little screen. The impact of the small screen known as phones is incredible. The small phenomenon known as a mobile phone has reached every corner of the world. People who own one of these little bits of technology has had their lives taking over by them at some point. For the time reading the message and the typing of each…

“M-Commerce Security” by Laurie J. Fundukian Over the past years’ mobile devices and mobile telephones have been used worldwide now. According to L.J.Fundukian (2012), “The emergence of the wireless tablet computer, m-commerce is emerging as a major player in the world of retailing, social networking, and entertainment and the main potential threat from mobile device use is identity theft”. Computers and other mobile devices can be scrutinized by malicious codes for personal…