Mobile banking

smartphone. With the majority of the population being connected via their smartphones devices, one other issue that has been on the rise recently is cybercrimes. Smartphones have become targets for criminal hackers due to the amount of personal data and banking information it carries. Along with smartphones, electric cars and self-driving cars are another technological innovation that has transformed the world in the past decade. Tesla Motors based out of California launched its first electric…

Introduction & Overview of the whole service In today’s world, our dependence on the use of cell phones and their utility is such that it has now become almost a basic necessity of our life. However, the smartphones that we use so extensively today to carry out our day to day routines with such high data rates have not always been like this. Cell phones and Cellular industry has witnessed perhaps the fastest ever evolution and has taken many forms over a period of last two decades. In technical…

Is technology really taking over the world or are we just going crazy about it? They’re many people over the world concert about technology taking over the world but there’s two point of views presented in “Technology Taking Over?” by Yzzy Gonzalez and in “The Parent Trap: How Teens Lost Ability to Socialize “by Clive Thompson. One issue is waking up to see your phone and what happen while you were sleeping. The other issue is why parents aren’t giving kids more freedom to actually socialize…

pewinternet.org (Zickuhr). This is a lot of internet users, knowing that there are roughly six billion mobile phone users around the world. However, not all six billion people use their devices the same way. The difference between generations in smartphone usage,…

Do smartphones cause people to act differently when they experience face to face me interaction? Are they helpful to our society, or detrimental? The smartphone is innovating our technology and changing our lives forever. For example, learning is much more accessible because of this handheld technology. The Internet of Things, the idea of connecting household appliances with the internet and cellphones, is founded on the idea of carrying a connected device constantly; furthermore, connectivity…

Try to visualize what will happen if you lost or misplaced your smartphone? Many would feel panic, stress and lost as if the world is reaching to the end if they lose their phone, even if only for a few minutes. Some may even being overly-attached when they turn on their smartphone every few minutes without proper aim or to check their social sites frequently. This is where the smartphones craze began and it is not something shocking because you may nodding your head in agreement. Due to…

Introduction Today’s society can be referred to as the “age of technology.” With the many new technology advancements and inventions, today’s society has become technically savvy. People of different age groups, backgrounds, and professions have experienced using various forms of technology. From televisions, music playing devices, tablets, video games, and laptop computers, technology has greatly affected and influenced today’s society. Among the new and evolving technologies of today is the…

Positive Money’s sovereign money proposal: Could it work? Under the sovereign money proposal proposed by the forward thinking group positive money, the power to create money would be taken away from the banks and given to the central banks. Banks would therefore serve two purposes; a transaction function with which people stored money until they needed to spend and this money would be secure, the other a lending and savings function with the banks acting as a middleman between savers and…

R. David Ranson addresses the failure of the Federal Reserve Bank. He states, “The ultimate test of its role as overseer and regulator of the commercial banking system met with a very poor result.” (Ranson 407). Ranson is a critic of the Federal Reserve and its policies. Milton Friedman, in concurrence with Ranson, claims “If Congress had been in control of monetary policy, you would not have had the Great Depression.” (Friedman 635). Dean Baker, co-director for Centre for Economic and Policy…

chapter two of the Pedagogy of the Oppressed, Freire mentions the banking model of education. He describes the teacher-student relationship as a banking model. A relationship where the teacher is the depositor and the students are the depositories. The teacher deposits information he/she wants to engrave in students and the students as the depositories, receive, memorize, and repeat the information. Freire, mentions that the banking model of education works because teachers make it clear in the…