RTGS transfer, NEFT transfers, SWIFT transfers, all of them
The business impacts of information technology, deregulation and globalisation on the structure of the banking industry is analysed. It is shown how these forces are combining to create an unstable banking environment in which new entrants and innovation are reducing the income streams of banks. The dynamics of the banking industry are related to the reduction in revenues and it is postulated that the global banking industry is entering into a spiral of decline. The strategic responses of the banks, particularly the trend towards mega-mergers and internal cost-cutting, are shown to be insufficient in the long term to offset the reduction in income.
You can't. The contest closed. The proof is the Related link.
Here is a link to a glossary of banking terms. Click the link in 'Related Links'.
what topics are important to day for doing phd in banking & finance
Please refer to the related information, for the link and details to register for the contest.
example:1,000,000,000,000
technology
technology is applied science
The question is related to an e-mail from Commercial Banking, Hong Kong to Gunnar Werner 11 March 2010
Science and technology are related in a great many ways. Technology is used to carry out scientific processes for example.
In today's world, banking without technology is quite unimaginable. All activities ranging from day to day cash transactions, posting, remittances are done through the use of computer related web. Even a service brake down for few minutes will put the whole system in jeopardy. With technological advancement, the banks are offering services that were not within the reach of man's imagination even 25 year's back. It is expected that the paper check has started becoming obsolete in western countries, giving place to net banking.
science is the foundation of technology!