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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 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.
In recent years, Internet banking, namely, online banking means the transitions of banking activities including checking account information and payment of bills through a website (Chavan ,2013, cited Singhal and Padhmanbhan, 2008; Ahasanul et al, 2009), is popular in the world. According to Abdou (2014), in the UK, the number of online banking users has increased from 63% to 70% between 2011 and 2012. Online banking is beneficial for consumers to monitor their account information (Hettiarachchi, 2014), and saves time to transferring funds (Lichtenstein and Williamson, 2006). However, Littler and Melanthiou (2006) point out that internet banking is not completely safe, and faces
Mantel, Brian. “Why Don’t Consumers Use Electronic Banking Products? Towards a Theory of Obstacles, Incentives, and Opportunities.” FRB of Chicago Working Paper Series No. EPS-2000-1 (2001): 1-44.
Mobile phones are connecting Africans to each other and to the rest of the world. With Africa gaining access to mobile phones first, Africa’s adoption of technology is much different than the western countries. Being mobile first means that Africa can leap forward in innovation, without the financial burden of vast iterative infrastructure changes that the United States progressed through. The relatively low cost to own a mobile phone, and the deployment of wireless infrastructure, allows Africans connection to the global society anywhere one might find ones self. Mobile phones not only allow communication to occur, but also connection to the internet with all of its many advantages. This connection to the internet occurs through many mobile
Developing countries are severely constraint by the physical infrastructure of the financial institutions which means that a large part of its population is excluded from the formal banking system such as Kenya and many other African countries. Thus with the aid of mobile money the populations of these developing countries are benefited. Some benefits of mobile money are that financial inclusion has a multiplier impact on the lives of people drawn into the formal financial system which leads to social inclusion. Thus when the poor class get access to financial services, their cash flow management gets better, their financial planning is enhanced and their savings are increased with increased options for providing for themselves for their old age at this time. (Agrawal, 2010)
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.
Mobile payment is payment services operated under financial regulation and performed via a mobile device. Numerous definitions have been introduced by scholars of Mobile Payments field one of the popular “Mobile Payments are payments for goods, services, and bills, invoices with a mobile device (such as a mobile phone, smart-phone, or Personal Digital Assistant) by taking advantage of wireless and other communication technologies (such as mobile telecommunications networks, or proximity technologies)” (Dahlberg et al., 2008)
Web based managing an account through conventional banks empower clients to carry out all routine transactions, for example, account transfer, bill payments, stop-payment requests, bank statement, balance inquiry and many more. We can get Account information at any time, irrespective of day or night, and can be possible from
Hodges, L.H. and Tillman, R. (1968). Bank Marketing: Text and Cases. Addison-Wesley Publishing Company: Massachusetts.
The general objective of the study is to assess the effects of mobile banking on the prospects of the banking industry
The hypotheses tested are: H1- Consumer awareness of Islamic banking system and products has significant impact on adoption of Islamic banking services; H2-Consumer knowledge of Islamic banking products and services has significant impact on adoption of Islamic banking services; H3- Consumer preferences between Islamic banking and conventional banking has significant impact on adoption of Islamic banking; H4-Bank selection criteria has significant impact on adoption of Islamic banking.
This section was discussed about mobile banking and payments, innovative delivery channels, technologies for improved borrower identification and credit reporting, and adopting new technologies: the role of the market environment and competition. This section reviews the growth of mobile banking and payment systems and discusses technology-based business models and the role of improved borrower identification and credit reporting technologies in financial inclusion. This section also highlights that technology-based strategies for financial inclusion have varied substantially across countries and examines the features of national market environments that determine which technologies are best suited to enhance financial inclusion, as well as related to market structure and regulation that might make the success of some technology-based solutions difficult to replicate elsewhere. Major innovations in retail payment systems date back to the rise of card-based payment services. Credit cards became a wi...
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...
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...
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