Nobody downloaded yet

Topic is to be an emerging or new technology of some kind - Research Paper Example

Comments (0) Cite this document
Running Head: MOBILE BANKING TECHNOLOGY Mobile Banking Technology In this new era of fierce global competition it is vital for any industry to adopt new technologies with changing times. There often remains a huge gap in the technical promise while introducing a new technology and effectively putting it to work and this is a grave concern for the management…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93% of users find it useful
Topic is to be an emerging or new technology of some kind
Read TextPreview

Extract of sample "Topic is to be an emerging or new technology of some kind"

Download file to see previous pages However, in the topical times when all over the world there is rapid change of technologies, it is vital to adapt to newer technologies. New technology must meet the need of customers and it must be easy to implement (Souder and Sherman, 1994, p.45). One such technology is mobile banking facility. In earlier days banks used to keep customers’ money in vaults and would only meet financial needs of the customers. Then financial data networks were create to facilitate electronic method of transfer of funds through interconnected banking system. Even then the customers had to be personally present in the bank to deposit or retrieve funds. Next ATMs provided the customers to do their banking in various locations. Now, more recently online banking through the internet has become a common occurrence. The latest technology in the line of banking facilities is mobile banking. This technology helps the customers to do activities like transferring funds, checking balances, paying bills from their cell phones. Now customers rarely need to go to the bank to do their banking (Stair and Reynolds, 2009, p.17). ...
(Krugel, 2007, p.3) Insecure edge of mobile banking technology Today customers do most of their banking either through personal computers or mobile phones. Mobile phones are in these days internet-enabled and private data either stay on a single device or float in the cyberspace and thus can be vulnerable to misuse (Mukherjee, 2008, p. 61). Mobile phones were primarily built for voice communications and as such have certain limitations that increase the risk factor in mobile banking. One major risk factor includes concern of confidentiality and integrity of data during transfer of information from and to bank’s wired core processing system and to wireless environment. There are many other limitations in mobile phone like small screen space, short battery life and lower processing speeds. There is also the problem of various data entry formats and also data storage capacity is limited. Attempts are being taken to reduce the risk factors through wireless markup language and wireless application protocol. The mobile manufacturers are also trying to improve the devices. But other risks which include security threat and authentication are still major issues of concern and unless measures are taken to resolve the security issues, mobile banking can never become the dominant channel for banking. Mobile technology of today can provide wide range options for mobile banking services. While some options can ensure high level of security there are other options which cannot promise the same security level. There is possibility to minimize the risk factors by introducing operational controls. In developing countries mobile handset technology is not of the highest level. In these countries risks of mobile ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Topic is to be an emerging or new technology of some kind Research Paper”, n.d.)
Retrieved from
(Topic Is to Be an Emerging or New Technology of Some Kind Research Paper)
“Topic Is to Be an Emerging or New Technology of Some Kind Research Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Topic is to be an emerging or new technology of some kind

Biofuel topic as an emerging technology

...?Biofuel Topic as an Emerging Technology Introduction Biofuel production is an area of study that is growing in popularity amongst the scientific community. This is because of the general consensus that we need environmentally friendly fuel alternatives. It is because of this new found popularity that amazing developments are meing made every day. A closer look at the carbon capturing foam shows the complexities involved in creating it. The foam is composed of bacterial, plant, and frog and fungal enzymes. Together they are able to perform the photosynthesis needed to capture and remove the carbon dioxide. The reason that the engineers decided to use foam was because it...
4 Pages(1000 words)Essay

Topic is to be a catastrophic event of some kind

...?Running Head: HURRICANE KATRINA Hurricane Katrina Hurricanes are tropical storms and are specifically known to occur in the North Atlantic Ocean, the Gulf of Mexico and the Caribbean Sea. These storms have cyclonic wind circulation and are very destructive in nature. Regarding the structure of hurricane not much is known but frequent showers, light winds and warm, moist air are some conditions that are responsible for formation of hurricanes. (Tannehill, 1934, pp. 3, 4) On 29th August, 2005, at daybreak Hurricane Katrina struck the Gulf Coast. It is known to be the most devastating hurricane to strike in the history of the United States. It completely destroyed vast regions including New Orleans and...
5 Pages(1250 words)Research Paper

Assistive Technology: Advantages and Disadvantages

...category can be that blindness or visual imparity proves to inhibit the learning process more than any other disabilities, such as immobility, speaking or hearing disability. Mulligan (2003) provided various generic benefits of the usage of assistive technology by children; this broad study led to the desire of studying the probable changes in the pace of learning and motivation to learn. Berg (n.d.) stated that attitude of a student is the most powerful tool since a good motivational attitude can overcome any kind of obstacle in the learning process. Alongside the advantages of using assistive technologies, it has been found that there also exist some disadvantages and...
3 Pages(750 words)Essay

Emerging Technology Case Studay

...?EMERGING TECHNOLOGY CASE STUDY Emerging Technology Case Study Affiliation This paper presents an analysis of risks associated with a given scenario. For this assignment, I have chosen the first scenario, in which our medical center has decided to move one or more clinical IT support functions (including both fixed and mobile devices for end users) into a cloud computing environment. In this paper I will present an overview of the issues associated with this cloud computing. This paper will also present solutions and suggestions to deal with these security risks. Introduction Concerns about how an attacker can attack organizations have turned out to be a key focus area of...
3 Pages(750 words)Case Study

Emerging Technology

...(Lauterwasser 15). These will be fixed in strategic places to collect intelligence information in all parts of the world hence leading to an improvement in the global security. These gadgets will, however, intrude on people’s privacy. Although the issues of privacy intrusion are not new in the globe, these devices will make them more rampant than ever. Conclusion Nanotechnology has emerged to be the most applicable technology in the modern world. It has fitted effectively in nearly all the sectors of economy. It has the capacity to produce small portable gadgets which are faultless and more effective than the ones existing. For it to be of high benefit to the society, all the risks...
8 Pages(2000 words)Term Paper

Emerging Technology -Facebook's Timeline

...?EMERGING TECHNOLOGY - FACEBOOKS TIMELINE – One typical corporation that has made the best out of the growing phenomenon of social media networking is Facebook, which recently added an emerging technology to its style of business in the form of what is termed Facebook Timeline. This is generally an electronic automated biographic feature that allows users of the social network to add critical personal information and data about their lives to the network’s platform in the form of cloud service. Ever since this emerging technology was introduced, Facebook has made some significant improvements in its market orientation,...
6 Pages(1500 words)Essay

Emerging Technology

...Report on Emerging Technology Artificial Metamaterials and Plasmonics One problem that has challenged the all computer circuit and telecommunicationsystem is the integration of electronics and light technologies. In today's world where nanotechnology is on the lips of every tech-geek, normal consumers demand smaller, better and faster systems. Signals channeled through fiber optics over long distances as light pulses are sent and received at both ends by electronic circuits. The change over between light and electricity is a complex procedure which results in limiting the size and the speed that can be communicated. Chipsets used for example in quantum computers integrate the usability of light and electronics with the help... circuits in...
8 Pages(2000 words)Essay

Emerging Technology

...Technological advancements have been one of the most important ingredients of development processes across the world. Indeed, while computer and internet have redefined communication, technology, per se, has not only made life easy through various inventions like lifestyle goods, gadgets for home and offices, transport system etc. but their application in industries and businesses have also improved operational and managerial efficiency. IT or information technology has emerged as the fastest growing area that has increasingly become an integral part of business processes. Technology with its widespread use and easy access has also opened...
1 Pages(250 words)Essay

Emerging Technology

...The Use of Brain Computer Interfaces The use of human to control computer interface is not far from reality. The main reason is that, the latest technological advancement is moving towards achieving the operation of computer systems that use the human interface. Despite the fact that some of these achievements such as Nano-operations are already in place, brain computer interfaces would provide more control to major operations both at domestic and industrial level without actual physical movements. Research carried out at Duke University gave an illustration on how different minds from different regions can connect under brain-net to establish a functional link between the computer systems and human...
1 Pages(250 words)Assignment

Emerging Technology

...level. Emerging technologies embraced by businesses include new or advanced software and hardware. Emerging technology is a segment of information technology. It is responsible for the development of new products or devices that are expected to be used widely in the upcoming 5 to 10 years. Businesses regularly look to emerging technologies for the devices or new services they provide will help them to build their competitive advantage of the business. Emerging technologies also include the advancement in technologies...
7 Pages(1750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Topic is to be an emerging or new technology of some kind for FREE!

Contact Us