Advantages of Mobile Banking
Did you know that the number of people using mobile phones in India is more than the number of people using bank accounts? Some studies say that it will still…
10 Tips on Shopping Online Safely
Online shopping is so easy and convenient that we get used to it pretty quickly. Generally it is safe to shop on the internet and this may make us comfortable…
Diffusion of Electronic Banking Solutions for Financial Inclusion
A major pain point of the banking industry is the challenge of how to penetrate the Bottom of the Pyramid (BoP), a concept which was popularized by Prahlad . This…
Cryptography in the Banking Industry
Business Frontiers, Vol. 1, No. 1. Title: Cryptography in the Banking Industry. Publication date: Oct, 2012. Authored by Arpan K Kar, Supriya K Dey This paper can be cited as…
A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain
Ever heard of private banks financing the needs of the really needy? They don’t. That’s because the really needy customers will never have the monetary disposition to pay off the…
Negative Elasticity of Money
Most people are aware of Price Elasticity of Demand, even if they don’t know the term. The logic is simple, if you raise the price of your product I won’t…
How was data security in the banking industry implemented
Data security is a major concern in the banking industry where over the years technology has been used to implement various standards to facilitate the implementation of security in the…