Although the finance industry often deals with numerical data, most of the financial products still need to be worded in accordance to the local finance regulations. The explanation texts for financial products need to be accessible and understandable by the local investors. Many foreign banks would want to get into the local market place, but [...]

Mobile payments: markets, analysis and forecast, 2010-2015 A recent news report highlighted that many users trust their mobile more than their bank when it comes to handle money. Mobile payment, also called M-payment or mpayment, is at forefront of this technological innovation, development and establishing this element of trust and security. The improvement of security [...]

State Bank of India – SWOT Analysis company profile is the essential source for top-level company data and information. State Bank of India – SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy. State Bank of India (SBI) is the [...]

Nowadays, opening a bank account with poor credit is not a complicated task. The process of opening this account is quite similar to the process of standard bank account. To open this account customer just have to provide some documents like proof of identity and proof of address. No credit check is its main advantage [...]

Customers are the only reason any business remains in business. No matter what type of product or service a company may provide, without someone who needs the product or service, the company would not exist. When it comes time to choose an online payment system, carefully consider the needs of your customer before committing to [...]

Bank accounts for bad credit provide the second chance to the people having poor credit history. These accounts are designed in such a way that both banker and account holder get benefits. Luckily, these bank accounts give a chance to the customer to prove them a trustable account holder. If you are facing CCJs (County [...]

Bank accounts have become the necessity in today’s world. It is quite hard to manage financial matters without bank account. Poor credit holders always juggle to acquire the bank account because they are considered risk holders by the bankers. But nowadays, banks become liberal and they have decided to give another chance to the bad [...]

The term Mobile Banking sounds like it means being able to bank while on the go – and in a sense that’s just what it does mean. You see the way we handle our money has changed dramatically in the last 50 years. It used to be that we kept our money in our wallets [...]

Offshore banking has always been seen as the province of the rich and famous with accounts in tax havens such as Jersey, Switzerland and the Bahamas. Certainly the image of the well-heeled or criminal classes flying off in private jets to stow their treasures in banks in glamorous locations, with the keys to their exclusive [...]

The active management of credit risk has been receiving increasing regulator attention and strategic focus at many financial institutions. Regulators cite poor credit risk management at the portfolio level, weak credit standards for borrowers and counterparties, and insufficient attention to changes in economic and other circumstances affecting the capacity of borrowers and counterparties as the [...]

Online Banking is a new concept in the banking world. Internet Banking is a service that allows a user to perform banking activities at home through a secure website on his/her personal computer. Online banking allows customers to conduct financial transactions on a secure website through internet. Features and functions of Online Banking We can [...]

In today world Mobile Banking is a popular term. Mobile Banking means a financial transaction conducted by logging on to a bank’s website using a cell phone, such as viewing account balances, making transfers between accounts, or paying bills. It is a term used for performing balance checks, account transactions, payments etc. via a mobile [...]

My brother had always insisted on using a debit card the entire time he went through high school and college.  I never understood his obsession of avoiding a credit charge. Many times that we would go places and he couldn’t use the debit cards because the company only accepted credit charges. At times like this, [...]

Busy businesses searching for ways to maximise their profit margins and scale their businesses could find that the specialist services provided by international banking could be just the financial solution they’re looking for. Whether running an international business, planning extensive business travel or simply interested in the benefits of offshore banking, you could find that [...]

One thing that the financial meltdown has show in crystal clear relief is that among the many contributing factors, there can be no doubt that Risk Management didn’t adequately manage risk. Why this was so is going to be the subject of much debate in the coming months and years. Were Risk Managers constrained by [...]

Most of us have a natural inclination to save and this is why financial institutions or banks have scheme of savings account. These accounts help you to save a substantial amount and there are various features which vary with the lenders and the type of savings account you hold. There are various savings accounts like [...]