The Card

AIT 612 Class 3 - Classroom Participation Case Study: Banking Scenario Prof: Arthur R. Friedman Date: 09/17/2017 Submitted by: Ujwal Rai, Shalikram Bhandari & Rajendra Shrestha 1. Background information and threat: In past few days, our IT security team had been investigating on a fraudulent act on one of our customers’ bank account. The customer noticed the unusual activity on his bank account as the ATM statement he received at bank did not match with the monthly statement he…

bit-coins. These circumstances have damaged both the market system and business. Bit-coins are a kind of cyber money; many people would consider cyber money is always useful and not harmful since we sometimes purchase products via Amazon or Apple’s gift cards. However, there is the most important factor differentiating the bit-coins and cyber money; government regulation, it determines a limitation of using on website. Authorities restrict the bit-coins because it don’t have any owners;…

HyundaiCard, a Korean credit card, some key success factors include the following:  Korean people already enjoyed making purchases using credit cards, even small purchases – this provided an opportunity for the credit card company to earn a lot of money on things likes fees and interests paid by businesses and individual shoppers (Park & Camp, 2009). Furthermore,…

Putting the case scenario into consideration, Aquis Credit Card Company, whose objective is to improve customers’ satisfaction by 20% by the end of 2014, should start to increase their profitability by building their customers satisfaction and conducting customer survey to measure customer‘s satisfaction: a. Build customer satisfaction by meeting their expectations: the basic requirement for Aquis Credit Card Company to stay in business is to meet the expectations of its customers so that they…

discovered a few issues and have some questions. The swiped amount on the reports provided for the GL reconciliation do not always match the swiped amount. I understand that a vendor can undercharge a charge and swipe a card multiple times, but I did not think they could process cards for more than the total payment amount. For example, in tying out our invoice for 2/28-3/6/2018 I found that the swiped amount ties to our invoice/what was paid out via our account, but the swiped amount is…

in the Alexander B. Bruce. It was the ending of the second term and report cards were being handed out. I didn't care about my grades as much as I do today, so I had pretty low grades, C-, D+ and D’s . My parents weren't very happy, but I was passing which is all that mattered to me. It’s last period and it's time to pack up and go home. My homeroom and Mathematics teacher Mrs. Archambault was passing out the report cards before we left class. I received mine and most of my grades were pretty…

expected that the income generate by fees charged by a bank for customers would increase by 14%(Valentine, 2006). That showed that debit cards were becoming far more popular, and that was good news for…

murdered by the Taliban. And after I confronted him about it he replied that he didn’t like to talk about it much and he felt that it was his duty to avenge his family by killing as many Taliban as he could. We stayed talking night after night playing card games the remainder of my time there. On my departure I remember what he said. “You are my friend, and I will miss you.” As I arrived back in the United States I realized that the experiences I had faced while I was in Afghanistan had changed…

Jeanne D’Arc Credit Union is the third oldest credit union in the United States, and second oldest in Massachusetts. Opening their doors in 1912, the credit union offered financial services to immigrants working in the textile Mills in Lowell, Massachusetts. Over the years the company has grown exponentially, but has remained truthful to its original mission; “Helping members make smart financial choices”. This mission has been carried out via methods that are tried and true. Examples include,…

When you purchase an item at a business a common question is usually asked. Would you like to sign up for our loyalty program? The practice of businesses offering loyalty programs is being used as a tool to reward consumers for their continued loyalty. The rewards can include things such as accruing reward points per dollar spent to get free items, achieving a higher customer status, or having access to special deals. These programs are a way for businesses to create win-win situations while…