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Tag archives for banking
Banking
Most of the Banking activities are derived from the above definition. Apart from the activity of accepting and lending money, banks are allowed to perform certain activities which are supplementary to this business of accepting deposits and lending, Banks are allowed to perform certain activities which are ancillary to this business of accepting deposits and [...]
Banking Control Laws In Saudi Arabia ? Lacks And Development
Introduction The Kingdom of Saudi Arabia is one of the most economically sound nations of the Middle Eastern region. It is oil rich and has relatively robust banking system. Its laws have been rather progressive over the past few years. However excessive government interference, Islamic laws and too many amendments may have prevented the banking [...]
MSc in Islamic Banking and Finance?
Hi all, I am looking for a right school to complete my Masters in Islamic Finance and Banking. I wonder if anyone knows or already studies in this field. Plz could you help me and advise some schools where i can do this. and which country you would advise: Malaysia, Middle east or West? thanks [...]
Challenges To Core Banking Solutions Implementation Projects – Part 1
Imran Adeel Haider Pakistan has seen a lot of banks going for new core banking solutions in the recent past. The top scoring companies here are: 1. Temenos T24 (Seven banks) 2. Sungard SYMBOLS (Three banks) 3. Misys (Two banks) And Pakistan is not the only country in the world going for such solutions. Banks [...]
Managing Risks in Core Banking Replacements
Core banking replacement has for quite some time been considered fraught with high risks. The costs are potentially bordering on the prohibitive and many still believe that their present in-house systems are satisfactorily serving the purpose. But the wind is changing direction and fast. There is a rising acknowledgement of the fact that banks, irrespective [...]
Banking the Unbanked: Going Mobile in Africa
The mobile phone is having a dramatic effect on the lives of Africans and is proving to be a life transforming device. Limited by weak physical infrastructure and supported by their ingenuity,the people of the continent are turning to the mobile phone to improve their living standards. With an estimated 278 million subscribers, the mobile [...]
The Core Banking Juggernaut Rolls on
Tier 1 banks are taking the lead and embarking on a total overhaul of their core processing platforms. The verdict – new age core systems are leaving an indelible imprint on the banking landscape…, at least to the extent of gaining acceptance and engulfing few legacy systems in its wake. This article seeks to highlight [...]
The Next Wave of Internet Banking
Online banking has come a long way over the past decade from having experienced the highs of the dotcom boom era to the subsequent lows of the immediate post-dotcom period when it was often accused of having reneged on its initial promise of providing low-cost convenient banking. Online banking has finally matured in recent years [...]
Enticing Smes- the Online Banking Way
Financial institutions have started to give a serious look at the small & medium enterprises segment due to issues like global economic slowdown and want of better profit. But, there is a need to keep in mind that business scope and legal structure of the firm are criteria that should not to be overlooked while [...]