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Introducing technology into education
Introducing technology into education
Teachers and technology
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Lack of adequate level of telecommunications infrastructure, human capacity building and capital are some of the challenges developing countries are facing in adopting mobile banking. However (Proenca and Rodrigues, 2011) posits that e-banking enable banks to scale borders, change strategic behaviour and create a lot of new opportunities that can significantly reduce the physical costs of the banking operations.
However, for banks to scale border, they need an agent network which (Berger, 2009), argues that building an agent network is a challenge hindering the growth of mobile phone banking in Malawi. This is because, it is much easier for the banks to negotiate partnership agreements with chain stores because they have centralised administration unlike individuals shop owners. Unfortunately, most of the shops in the rural areas are owned by individuals. This entails negotiating agreements to be made on a store-by-store basis.
Lack of mobile phone banking regulatory framework in developing countries is another challenge hindering the growth of Mobile Banking in developing countries. According to Lyman, et al. (2006) as cited in (Pakistan, 2007) regulatory issues, from a financial regulator’s perspective, concerning mobile banking are related to consumer protection, effect of Mobile Banking on stability of banking and payment systems, legal definition of deposit, e-money regulations and provisions for agency agreements. In Malawi (Berger, 2009) argues that mobile banking is such a new industry that central banks and other government agencies are only now developing regulatory guidelines. Regulators want to ensure that consumers are pro¬tected and that the banks and telecommunications companies do not take on excessive or in...
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...ng 3g mobile services. Journal of Information Technology Management XXII, , 1-7.
TEO, T., URSAVAS, Ö. F. & BAHÇEKAPILI, E. (2011) Efficiency of the technology acceptance model to explain pre-service teachers' intention to use technology: A Turkish study. Campus -- Wide Information Systems, 28, 93-101.
TSELIOS, N., DASKALAKIS, S. & PAPADOPOULOU, M. (2011) Assessing the Acceptance of a Blended Learning University Course. Educational Technology & Society, 14, 224-235.
WEF (2006) Amplifying the Impact: Examining the intersection of Mobile Health and Mobile Finance. Geneva Switzerland, 91- 93 route de la Capite CH – 1223 Cologny/.
WESSELS, L. & DRENNAN, J. (2009) An Investigation of Consumer Acceptance of M-Banking in Australia. ANZMAC 2009.
WORTHINGTON, S. & WELCH, P. (2011) VIEWPOINT Banking without the banks. nternational Journal of Bank Marketing, 29, 190-201.
The company pays attention to its customers and try’s to appeal to their wants and needs through advertisements. “The primary objective of marketing is to influence the consumer behavior in favor of the company engaging in the marketing activities” (Krishna-Agrawal, 2010). Bank of America now gains insights from the “Bank of America Trends in Consumer Mobility Report”. The Bank of America Trends in Consumer Mobility Report is an annual study exploring broad mobile trends and banking behaviors among adult U.S. consumers. Bank of America is continuously focused on providing customers ease and convenience in mobile banking. Bank of America’s mobile banking platform remains a key source of increased customer engagement as well as consumer
Moreover, the study also suggests new directions for future research and provides implications for managers involved in UCB banking and service marketing. We hypothesize the effect of UCB awareness, usability, reference group, disease history and price on perceived risk in UCB banking for personal use. The variables selected based on extensive review of literature.
The phrase “digital divide” illustrates the fact that the world can be divide into people who do and people who do not have access to and/or the capability to use modern-day information technology, such as the telephone and the Internet. For instance, “78.6 percent of North America’s residents were Internet users, but only 13.5 percent of Africa’s population had this capability.” (Volti 2014). There have been attempts to close this opening of the digital divide by bringing reasonably priced mobile phones to these people and countries with limited access. For example, “in Africa are even able to use their phones as mobile banks that allows them to store money, transfer funds, and pay bills.” (Volti 2014).
The banking industry is under pressure in today’s business climate. Banks have been through big changes. There is opportunity, but there is also increasing competition. To be the preferred bank means changing “good enough” into a unique value proposition. And that means changing the way people have always done things, change on this level requires cutting edge technology. Change cannot be achieved with a simple directive or surface adjustment especially within the banking industry. It requires an innovative rethink of the entire system, in a strong partnership between bank leaders and their change agents. New systems and policies must support the strategy to be successful. The real test of a good strategy implementation plan is whether the people understand the strategy, are motivated and enabled to implement it, and actually start achieving its goals.
Seibel, Hans Dieter and Fabrizio Felloni. 2005. “Mainstreaming Banking with the Poor in the Philippines.” Internationales Asienform 36(3/4): 361-375.
Initially the bank’s core banking system was product oriented, but the need of the hour was to develop a customer oriented system, because the challenge is to build customer loyalty, cross sell, and enhance repeat business.
Zepeda, Taylor Hathoway. “Taxing Mobile Phones in the Developing World: Disconnected.” Harvard International Review Vol. XXVIII, No. 3. Fall 2006: 32-35. SIRS Issues Researcher. Web. 10 Feb. 2014.
In today’s world, a Smartphone has become essential part of daily life. There was a time when transactions happened through barter system. Thereafter was the emergence of notes and coins. And presently, the world is moving towards the “Digital Wallet”. Due to technology, mobile users can use their Smartphone to make money transactions or payments by using applications installed in their phone. Digital wallet system is an essential part of electronic commerce. E-commerce provides the capability of trading on the internet. A digital wallet is a virtual service used as a substitute for physical cash. The present study tries to study the various factors that can affect a consumer’s
Jamaica's approximate 2.5 million bank customers enjoy the benefits of strong competition in a deregulated banking system. The dilemma is that we only get benefits from non-price competition while the real benefits of lower lending rates and higher deposit rates are nothing but a fleecing illusion to be pursued but never attained. Jamaica commenced moving from a regulated banking system to a more open competitive sector in the 1990s. While competition has affected many areas of the banking industry, there are two areas that illustrate this change more than others: marketing promotions and product choice. This competition however, has not brought about significant savings for customers due to the Oligopoly market conditions that exists, thus a much narrower choice of commercial banks are now available to the Jamaicans.
Most often m-commerce is understood as mobile e-commerce M-commerce is supposed to enable us to buy everything from anywhere over the Internet without the use of a PC. Internet access and Web browsing is assumed to be the key to extending m-commerce to customers (Harter, 2000). In many ways, m-commerce is the continuation of e-commerce with the palm handheld, wireless laptops and a new generation of Web-enabled digital phones already on the market (Keen, 2001).
Service quality in the banking sector is not easily identified, according to Lovelock (1996), as it captures the aspects of products and services that the potential customers would like to assess before they choose the product and service, Vanniarajan and Anbazhagan, (2007). The identified variables in the service quality of perception of E-banking are;
Digital money is undeniably convenient; anyone who has used a credit or debit card understands this. However, the era of digital money is only beginning; rapid technological advances will continue to make paper money a remnant of the past. Several innovations are already lessening the burden in your wallet. For instance, the seemingly innocuous mobile phone is actually playing an increasing role in facilitating monetary transactions, especially in Asia. Already, in Japan, large companies such as Coca-Cola have sanctioned vending machines that are not only compatible with common cell phones but also allow consumers to earn credits for using them (Kupetz). In this regard, the United States is strikingly behind the times when compared to other countries. Another new technology in the vein of mobile phones is no-contact cards. These innovative cards do not require a cashier to conduct a transaction; one simply holds a specia...
Communication modern technological tools that have been enhanced by Information Technology are having an impact on changing the very structure and communication of banking. That is, clients are enabled to make their banking transactions whenever and wherever they want. Bank clients, by just logging on their online account, can transfer any amount of money from their account to any other account, check their last processed banking transactions and apply for loans and other banking services. According to Keyes ( 2000, p.591) 'electronic checks provide consumers with the benefits of convenience and safety while allowing billers to maintain their existing depository relationships with their banks'. Further, e-mails has enabled bank employees to notify their customers of any new enhanced bankin...
Mundy, M., Kupczynski, L. and Kee, R. 2012, “Teacher's Perceptions of Technology Use in the Schools”, SAGE Open, pp. 1-8, viewed 15 Jan 2014, retrieved from Sage Online Article.
It is true, that Internet Banking is useful for customers as well as for the banks. On the one hand, it helps people have direct and quick access to their bank accounts, on the other hand, helps the banks to save costs. ‘Clearly, in order to conti...