• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month
Page
  1. 1
    1
  2. 2
    2
  3. 3
    3
  4. 4
    4
  5. 5
    5
  6. 6
    6
  7. 7
    7
  8. 8
    8
  9. 9
    9
  10. 10
    10
  • Level: GCSE
  • Subject: ICT
  • Word count: 1626

Internet banking.

Extracts from this document...

Introduction

INTRODUCTION In the world today, where technology such as the Internet has covered all aspects of business and has reached its peak compared to the earlier years. Nowadays, each and every business ranging from small and large companies and also from home industries to giant multinational corporations has mostly adopt an advance feature of technology that is the internet which provides global interconnection that links a particular business to another. The increase in Internet usage continues to impact business of all sizes, as companies are continually seeking ways to connect with customers and suppliers over the Internet as ways to exchange business information and strengthen existing business relationships. Internet is very beneficial for the running of the business as it provide web sites for a company, which can link them with worldwide, global customers, suppliers as well as business competitors. In addition it provides secure business transactions and new opportunities for commerce. Not only that, it offers opportunities for businesses to expand globally. It also serves as promotional and an advertising tool for the company. The Internet is radically transforming the provision of services and goods because of its immediacy, openness, ubiquity and global reach. ...read more.

Middle

There are a lot of advantages or benefits in having a web site, especially for the Deutsche Bank. Other than using it for e-banking, it also provides various information for the external environment. In addition, the Deutsche Bank profits from establishing, owning and maintaining its own web site. The Deutsche Bank web site can be used as an effective marketing tool to get the company's message across and persuading customers to take immediate action. The Deutsche Bank web site is very user friendly. The customers worldwide can easily and efficiently find what they want to know about the bank. if any customers make it to the Deutsche Bank web page, they will immediately find out what is it about and what they are offering. The Deutsche Bank web site allows expanding hours of operation. We know that all banks closes early, including Deutsche Bank. Now, by owning a web site, it allows the bank to be "open" and operational 24 hours a day, 365 days a year, providing information such as the foreign exchange rate, the current market interest, equities, global credit products, annual reports, etc. the web site is also able to sell products and services right from its web site. ...read more.

Conclusion

The Deutsche Bank has set up a partnership with paybox. They stand for fast, safe and convenient payments by mobile phone. This is a complement to all other payment systems now in use. With paybox, the way is also opened for the bank's e-transaction services to benefit from m-commerce (mobile commerce) In addition to providing its infrastructure, Deutsche Bank is bringing its e-payment know-how, its distribution net, its brand environment and its role as a trusted intermediary into this strategic partnership. CONCLUSION With assets of almost 1 trillion Euro and over 97,000 employees, Deutsche Bank offers its clients unparalleled financial services throughout the world in over 70 countries. It ranks among the leaders in asset management, capital markets, corporate finance, custody, cash management and private banking. All these are gains of the Deutsche Bank. we cannot run from the fact that advancement in technology such as the internet has benefited the Deutsche Bank in many aspects and hence I would like to point out that internet plays a very important role in the success of the Deutsche Bank as it provides the Deutsche Bank a web site which is very useful and also increases efficiency in the bank itself. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Communications section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Communications essays

  1. SK-II has already established as a leading brand within its' skin-care industry. By empowering ...

    * It spends 20% of its revenue on customer acquisition * Established business : has both customer relationship and brands * Pay attention to customer referrals (via SK-II online customer referrals bonus system) * Have an analysis engine underneath the web sites (Data mining tools)

  2. My research concerned how the Internet could be used to help people who were ...

    They were keen to ensure that information about legal rights and remedies was accessible by as wide an audience of women as possible, and the general feeling was that the Web enabled them to do this. The Web, furthermore, assisted them in publicising their work and making pleas for donations, and enabled them to contact similar-minded groups across the world.

  1. Development of a set of marketing recommendations, marketing mix campaign and customer care initiatives.

    Some customers are moving away from the physical shopping experience and moving towards the Internet shopping, in relation to the supermarkets, Tesco and Sainsbury's reach their customers through the Internet and win their current competitors. Those who have virtual presence are called the E-tailers.

  2. ICT IN ORGANIZATION

    Using their technology, they hold all the customers details like name and address on a database if they have signed up to a Clubcard and can then send them vouchers and special offer sheets through the post which maintains their customers interest to shopping with their stores.

  1. ICT in a business

    Input Mouse, keyboard, Temperature Sensor, Motion Sensor, Metal Detection Sensors, Pressure Sensors, Weight Sensors, Flow Rate Sensors, Card Reader Output Monitor, Siren, Actuator Valves, Printers Processors INTEL CPU's, Microprocessors, Ports and Cables Parallel, USB, Ethernet, Ps2, Cat5, fiber optic cables and converters. Storage devices PC Hard Drives, DVD's and CD's.

  2. OCR GCSE Business & Communication Task 7 Report

    Social Issues: Socially, I have to remain satisfactory towards viewers and clients. One factor which has to be taken into consideration is the consequence from producing less paper. This can include postal workers losing their jobs by not using letters to send out.

  1. ICT Systems in Everyday Life: Your Local Community

    This is different from broadcast T.V. where tuners pick up the signals from the airwaves. Fro purpose of this article, linked means connected by wiring, microwave, infrared, etc. The most obvious and common use for CCTV is for security. This type of installation is used in a variety of locations such as stores, banks, and government buildings.

  2. Observing Interactions between carers and clients

    Padley strength's, weaknesses and ways she can improve on her communication skills During my first week on work placement, I decided to observe 'Mrs. Padley'. While observing Mrs. Padley, I realized that I had not noticed any good communication skills within her.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work