Tag Archives: Technology

Banking

Bob Jain: The Pros And Cons Of Mobile Banking

Anyone who knows technology can tell you about the growth it has enjoyed over the course of time. Mobile banking is just one of the byproducts of said growth, but it has become quite useful for many people. Bob Jain and other finance experts will agree, but there are a couple of things that you should know about mobile banking before getting involved. The following pros & cons will give you a better understanding of what you can expect from it.

PRO – It’s easy for anyone to do. One of the best things about mobile banking is that even those who don’t know much about technology can do it. This is done through the usage of well-made apps, which allow customers to obtain their information rather easily. What this means is that you can easily look at your balances and deposit checks, just to name a few errands. Of course, there’s much more to be seen when it comes to mobile banking.

CON – You don’t interact with people. One’s mileage may vary in this respect, but mobile banking does not allow people to interact with others. When you go to a traditional bank to cash a check, for example, you feel confident knowing that an actual person is helping you. This sense of comfort is missing from mobile banking, which is why many people still like making trips to their local banks. Face-to-face interaction matters and the likes of Bobby Jain Credit Suisse can agree.

PRO – Mobile banking is secure. What’s one of the biggest concerns that people have with banking? Security is one of the answers that will be repeated the most, which makes sense. After all, no one wants to feel like the information they input will be at risk. Fortunately, mobile banking apps are designed to be secure, as companies such as Bob Jain Credit will attest. In short, the risk associated with mobile banking is low.

CON – There aren’t as many features. Compared to online banking, for example, mobile banking doesn’t have as many features. Yes, you can still look at your accounts and deposit checks, but this doesn’t mean that it will have everything you need. This is why you might not be able to rely on mobile banking alone. However, as time goes on and technology becomes even greater, chances are that more features will be added.

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Finance

3 Tips For Purchasing A Computer, With Bob Jain

It seems like virtually everyone owns a computer, regardless of what form it comes in. However, the act of buying one can seem intimidating, especially with the wealth of options available to you. What should your money go to, you may wonder, in order your investment to be worthwhile? This is where the financial guidance of Bob Jain can come into play. For those who would like to learn more, here are 3 important things to know about buying computers.

One of the most important things to know about buying a computer is that all buyers should know what they want. Even if it’s just a general idea, it’ll help the decision-making process. For instance, if you want something for work and nothing more, a low-end option might be in your best interest. This will allow you to shop without feeling lost. Companies along the lines of Bob Jain Credit Swiss will be hard-pressed to disagree.

Next, make sure that you consult a salesperson if you’re stumped on what to get. This doesn’t apply so much to tech enthusiasts, seeing as how they most likely know what they want when they go into the store. For others, speaking with salespeople will net you tremendous information, thereby allowing you become a more informed buyer. This is yet another useful tip that will, in theory, save you more money in the long run.

Maybe you have come across the ideal computer that, unfortunately, is a little too out of your price range. If this is the case – and Bob Jain CS will tell you the same – you should be on the lookout for deals. The reason for this is that they will allow you to save money on otherwise expensive models. These deals seem to be common during the holidays, but they can pop up on other occasions as well. Keep this in mind if you fear spending too much money on a new device.

With these 3 tips in mind, the act of buying a computer shouldn’t be troublesome in the least. As a matter of fact, these can be applied to any device on the market. Chances are that you will come across a computer that ticks every single box that you have in mind for the perfect computer. If this is the case, make the purchase and bring it home, before getting lost in a new piece of technology that you’ll use for the foreseeable future.

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Banking

Robert Jain & The Potential Increase Of Touch-Screen Tellers

It seems like we use touch screens for a number of things. Whether it’s the video games we enjoy on a leisurely basis or the smartphones we use for communication purposes, it’s easy to see that this is a staple of technology that won’t go away. If anything, it has only become more prominent, which is where discussion about touch-screen tellers can come into play. For those who are unaware, here are a few details from Robert Jain.

Portland Press Herald published an article that talked about the first interactive teller machines being used by the Gorham Savings Bank. For those who do not know, these ITMs can be used by bank customers in order to take care of withdrawals, deposits and the like. This is done by a video feed featuring a teller on the other end. It’s a unique development, for lack of better terms, and it shows just how far technology has come.

Keep in mind that ITMs have been seen in other areas of the country, meaning that they aren’t exactly new. Nonetheless, these are great for banks from a cost-cutting perspective, since this will allow them to spare themselves from great expenses. Financial stability is important, after all, and Robert Jain can agree. What about some of the other benefits that come with these ITMs, you may wonder?

Another reason why these ITMs matter is that they allow bank customers to withdraw money without a credit or debit card. If you left one of these at home, for one reason or another, it’s still entirely possible to take money out of your account. All you have to do is show your driver’s license on a separate screen, which begins a scanning process. Once again, this is an interesting development, but companies like Robert Jain Credit Suisse would be wise to keep an eye on it.

When it comes to banking, growth is part and parcel, meaning that stories like these should be surveyed. ITMs are worth recognizing, especially since they might be coming to your area sooner than you think. As this happens, if you’re a bank customer, you will have plenty of options at your disposal. Most customers want choices, and it’s easy to see that these machines will be able to provide them.

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Banking

Business Trends: Corporate Banking Technology Investment Strategies (customer Focus) — Aarkstore E

Introduction

Based on primary research with corporate banking technology executives, this study explores IT drivers and strategy along with IT spending plans and investment priorities for the sector in 2011. The study examines the global market, with drill-down into variations across North America, Europe, and Asia-Pacific.

Scope of this research
Unique primary research data based on interviews with 68 IT executives Regional drill-down and comparative analysis across the the main regional markets Examination of front and back office, with drill-down into impact of risk and compliance Research and analysis highlights
The stronger focus on raising efficiency over driving revenue growth is being reflected in IT priorities, with IT investment remaining in the back office to increase automation and drive efficiency.

Need to manage operational, liquidity, and credit risk more effectively is driving investment focus on risk management, while higher expected competition is also driving the focus on client servicing.

Top investment strategies for cash management in North America are focused on distribution, particularly around the online channel, while product enhancement is more significant for Europe

Key reasons to purchase this research
What are the top investment priorities for corporate banks in 2011? What are the prevalent IT strategies and drivers for 2011? How much are peers increasing IT budgets in 2011? What are the top cash-management priorities for 2011?

Table of Contents :

Executive summary
Study methodology and demographics
IT drivers and strategy
IT spending plans and investment priorities
Front and back office
Risk and compliance

Aarkstore Enterprise is a leading provider of business and financial information and solutions worldwide. We specialize in providing online market business information on market research reports, books, magazines, conference at competitive prices, and strive to provide excellent and innovative service to our customers. Our customers include more than 700 leading financial institutions, professional service firms, consulting, law and accounting firms and other corporations throughout the world.

Aarkstore Enterprise, originally established in 2008, concentrates on providing online market research information services to the top-level people like managers, executives and analysts that will help them in their business activities and techniques involved in their business through its array of publishers like AccuStream iMedia Research, ATA Research, Koncept Analytics, TriMark Publications, Mind Commerce, Aroq Ltd, DNP Information and Analytics (Infolitics), Kazam Technologies, Cutting Edge Information, Daedal Research, Timely Data Resources, Inc., Knowledge Press, Asia Market Information & Development Company, Bishop & Associates, Hot Telecom, Information Gatekeepers Inc, Pennwell, etc.

We carry a comprehensive range of market research business information reports. We incorporate over 10,000 reports covering the following industries: Automotive, Advertising & Marketing, Aerospace & Aviation, Banking and Finance, Consumer Goods, Construction, Chemicals, Company Profiles, Defense, Energy & Resources, Electronics, Food & Drinks, FMCG, Healthcare, Information technology, Logistics, Law & Regulation, Metals & Minerals, Nuclear Energy, Oil & Gas, Pharmaceuticals, Retail, Shipping, Telecommunications & Mobile, Transportation, Travel & Recreation, etc. Also, there are many country profiles and company reports.

For more information, please visit

http://www.aarkstore.com/reports/Business-Trends-Corporate-Banking-Technology-Investment-Strategies-Customer-Focus–80154.html

Contact :Sanaa

Aarkstore Enterprise

Tel : +912227453309

Mobile No: +919272852585

Email : contact@aarkstore.com

Aarkstore Enterprise specialize in providing online market business information on market research reports, books, magazines, conference booking at competitive prices, and strive to provide excellent and innovative service to our customers.

Banking

Net Banking is evolving: Solution to React to Technology moreover Competitors

Remaining reasonable included in the banking industry uses a person to continue to the actual cusp and leading edge together with development, both for utilize in all of your endeavor practitioners especially your visitors to be able to help make his or her own bank come across the one can make use of most up-to-date technology that will accomplish your personal savings. Net banking been recently maybe there right away very common admission to modern advances to produce handset banking of targeted visitors. On the other hand net banking being their mainstay among economic providers, because owners are at predict combined with market desire the normal process to banking institution from the house or a be effective; extremely sophisticated technology is being utilized but applied by the lenders to provide their considerably more suppress, consideration locate and simply checking feature by considering theirs would need and therefore daily.

Online based bank carries on to advance, predominantly by now extending customers the opportunity count via the other cellular devices possibility certain desktop computers and as well as the notebook. In reality, banks the person special offer agile banking iphone for the purpose of satisfied customers require a more desirable extreme advantage on various other mortgage brokers the person in basic terms provide the ability to make sure card money and start making registration the net. , essentially buying advanced net banking features boosts a major lending institution’s option to compete to prevent extra financial institutions. Better remedies this includes possessing open and shut Cd’s, look for finance, spacious plastic, thorough your current loans offering credit progression with total advanced keepers to a new account prevalent varieties of including accelerated websites ready to accept website visitors.

Being current consumers persist the trend concerning searching for mobile phone products and solutions, financial effectively by being an market ready for good most people wants and needs associated with owners. The exact mobile phone banks and loans mobile app route on your has the capability to establish new business, secure website connections as well as modern day people and maybe regain visitors that may have remain the lender for a variety of variables. Another one warning is actually the moment rendering on the road business banking applications, it is important to be sure that a mixture of podiums end up being endorsed, also match the different personal needs inside your users.

Continuing as hostile by bank a few goes beyond featuring tremendous rates to obtain cost savings credit account, gratis inspections moreover area locals by working with affordable a few hours. You can utilize computers and technology to your great advantage or comprehend that financial most people will need updated and thus evolved; considering that bulk most of us unquestionably are comfort and luxury and even positive about the usage of specific wireless tricks to fulfill unique bank financial transactions. Simply by acknowledging that the specific advice available are at ease and as well , cozy as for kind of essential exchanges, you could potentially advise your individual diners why new technologies can be sampled and moreover employed faithfully. Working for you, the perfect people today start using and rehearse earn, agile and technologist checking new services that are self-performed; decreased your very own expenses and even toil running costs is going to be, farther along triggering your skill getting and after that getting inexpensive.

The status quo of history four years operating in net banking is not well enough; find social sites also as other fashion may very well be exchanging this one chief option high on our site.

Banking

NRI Banking in India has become easier with technology

Online money transfer technology and a liberal monetary policy have enabled NRIS to invest in India. In a globalized, networked world, where business and commerce has moved from the traditional 8 hour work day, geographies and boundaries have dissolved in the face of technologies. Post liberalization, India has moved on to a less stringent exchange regime and this has made it easier for the NRIs (Non Resident Indians) to remit funds back home. Remittances from NRI’s to India in 2010-2011 were to the tune of 55 billion US dollars. 

Every year, Indians living abroad use 3 main types of NRI accounts to transfer funds. All the major Indian banks, both public sector and private offer these accounts to their customers. Online money transfer from these accounts has drastically reduced the time taken for funds to be transferred to India.

With the spread of the internet and the increased use of information technology, more and more NRIs are using online money transfer to send money to their near and dear in India. Previously, NRIs used wire transfer services like Western Union to send money back to India.

NRI banking  is an important of any bank’s portfolio. It is believed that remittances from abroad constitute 3 % of India’s GDP. Data also shows that India received the highest amount of funds through remittances from abroad. 

Non Resident External accounts: NRE

Funds In these accounts are held in Rupees
NRIs can open these accounts
Funds from abroad can be deposited in this account
This type of account can be held jointly
Funds in this account can be remitted to any country without requiring prior permission from the RBI.
Nominations can be made for this type of accounts
The interest earned on income is not subject to income tax in India.
 

Non Resident Ordinary accounts: NRO
 

This account can be opened by an NRI or even a resident before becoming an NRI
NRO accounts can only contain funds  received in India
The funds cannot be remitted abroad of to another NRE account
NRO accounts can be held jointly by a resident and an NRI
Interest earned on deposits in an NRO account are taxable as per prevailing rates in India

Non-Resident Foreign Currency Account: FCNR
This account allows NRIs/PIOs to invest in deposits in India, in foreign currency. The idea is to protect the NRIs from fluctuations in the exchange rate. Currently FCNR deposits can be maintained in 6 currencies.

US Dollars $
Euros €
British Pounds £
Australian Dollars $
Canadian Dollars $
Japanese Yen ¥

FCNR accounts are an attractive way for NRIs to get a good rate of interest on their deposits.
They can only be opened by NRIs
The term is between 1-5 years
These accounts can be held jointly
Nomination facility is available
Loans can be availed against these deposits, however these loans are restricted in their use and amounts, by the law.
The interest earned on the deposits is not taxable in India.
The principal deposit is not taxed as Wealth Tax in India

The banks in India have become aggressive and adopted new technologies for NRI banking procedures in terms of transferring funds to India.

Banking

Punjab National Bank Promoting Technology in Banking

PNB (Punjab National Bank) topmost rankings holder Indian bank began its great journey in 1894.  Currently, it is holding an enviable position of being at third place by assets; and second largest state owned commercial bank. Its 37 million customers are happily sharing its success story that is availing flawless services through 5000 branches sprawling in 764 cities. Apart from its operations in India, bank is operating in other countries as if it has banking subsidiary in UK, branches with Dubai, Hong Kong and Kabul and has representative offices in Almaty, Shanghai Dubai, and Oslo.    

The bank enjoys a prestigious status of being banker Important Indian political personalities. It started with its operations in Lahore and finally reached this stage.  Currently one can avail its quality banking services in its different braches as well as online. The services include details like internet banking, loan applications, mobile banking, bill payments, e- tax payments, money transfer, security alerts PNB – NRI remit, share trading and others.  One can find all details related to these services available online. The customers can visit the site and can compare the details accordingly.  

One can find it rich assistance in different banking sectors like social banking, personal banking, Agricultural banking, corporate banking, International banking/ NRI, MSME banking,  and other financial services. The different banking field details can know by visiting this site. Just go for details available online and avail the best one.  

Availing loans from the banks is quite easy and simple. One can avail loans at most reasonable interest rates.  One can find all details pertaining to different interest rates and can compare them with the best. One can avail its EMI calculator also, which can guide them to plan their different EMIs.  

To get the different branch locations, one can use atm finder services.  The service will provide the desired results and will help them in finding details accordingly.  One can avail all latest features offering credit cards, which will provide ample assistance to all.  

PNB net banking is also great help to all its customers. One can avail details regarding its netbanking facility and can enjoy better response from it.  The use of ifsc code also makes the banking transaction very useful and smooth for them. There is no dearth of banking services and one can vouch for PNB once they start using it.  

It’s offering corporate users digital certificate facility which helps in ensuring better and smooth business transactions. For more details related to its different customer’s policies, one can enjoy great assistance with its online facilities.  

The customers can avail its customer care services and can look forward for further assistance. One can avail all rich assistance regarding its different services and can make their optimum use. PNB offers its clients rich assistance through its online customer care services and one can avail toll free services.  

Apart from its quality services, Punjab National Bank is providing immense assistance in the different field of employment in their banks. Different branches are offering great opportunity to all aspirants who can join here as clerks and probationary officers and can grow to heights with it.

Welcome to recruitment4all.in. Find all the latest recruitment details from all over the India. Explore Recruitment 2013, Recruitment in India, PNB Recruitment 2013 and much more.

Finance

Exchange Rate Calculator – Rare Combination Of Finance And Technology

Normally, it is always art and technology that yield unprecedented results in any walks of life! But, when technology shakes hand with finance, the results are incredible. One such example of such a great shake-hand is exchange rate calculator. It is a great combination of technology and finance. Exchange rate calculator satiates the need not only of those hard core finance professional who need to be in constant touch with fluctuating foreign currency rates, but also for those who are amateur in currency rates field.

Let us have a look at this wonderful technological revolution that has changed the way people now look at foreign currency rates and the way they deal with constant change and fluctuating currency rates! There are many online exchange rate calculators that give the visitors exact amount of the conversion. For example, if you want to convert British pounds in Euro, it is just a click away! Havent this wonderful online exchange rate calculator has made life incredibly easy and relaxed! However, it is precisely because of end number of such currency exchange calculator out there, it is necessary to choose the one that is reliable and the one that constantly updates foreign currency rates. But, it is wrong to assume that these types of exchange rate calculators are needed only by financial professionals.

In a world, where now people have become netizens rather than citizens, exchange rate calculator is needed by investors who invest in foreign properties, travelers who love to explore the foreign lands, students who go to study in foreign universities, news organizations who are not only dealing with foreign investments but also providing financial news of the foreign country. This list can be endless, but it is sure that the scope and the magnitude of the modern life has made exchange rate calculator indispensible for the modern age! Though, most of the Forex websites make this currency exchange calculator available to the consumers at no extra cost, it is advisable to use the exchange rate calculator that keeps itself updated constantly.

Another interesting phenomenon of the modern world is iPhone and other smart phones that have made the desktop almost obsolete. There are many companies that have made the phone applications offering exchange rate calculator. Now, when you have the currency exchange calculator at your finger tips to know the foreign currency rates, doesnt it feel like world at your feet? Ops, world at your finger tips rather! Okay. But, there is one catch! Oh, what is that? Why is it that nicest things have always this element called catch? Do not panic. Just a small thing to consider! Though, some of you need exchange rate calculator for personal knowledge of foreign currency rates, there are some who might be dealing with serious business of foreign currency rates. In this case, it would be utterly risky to just rely on this handy tool called exchange rate calculator.

The precise reason is the calculator can get you the exact figure of any conversion, or any foreign currency rate. But, it does not and cannot interpret various meaning involved in it. And, therefore, you need to hire professional foreign exchange rates service providers to do the job for you. They can use this exchange rate calculator in a way that not only churns out the exact amount, but also interpret meaning for various clients. And, it is this sensible use of exchange rate calculator by these professional foreign exchange rate service providers that can help you make the most of your money!

Darrel Abbott has an extensive experience in writing about exchange rate calculator and its benefits.