Virtual Banking :: essays research papers

TABLE OF CONTENTS 01.00............ EXECUTIVE SUMMARY 02.00............ TRENDS IN RETAIL BANKING 03.00............ ABOUT THE INTERNET 04.00............ VIRTUAL BANKING AND APPLICATIONS 04.01............ SMART CARDS 05.00............ EXAMPLES 06.00............ SECURITY ON THE INTERNET 06.01............ CRYPTOGRAPHY 06.02............ FIREWALLS 06.03............ TRUSTED OPERATING SYSTEMS 07.00............. REGULATIONS AND PROBLEMS 08.00............ CONCLUSION . 09.00†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. REFERENCES 01.00 EXECUTIVE SUMMARY The Internet is emerging as an efficient delivery channel for financial services. With Internet banking, customers do not need to have special bank-issued software. Banks maintain their identity and can differentiate themselves by customizing the services And information they provide over the Internet. 02.00 TRENDS IN RETAIL BANKING What does better customer mean? Increasingly, customers are demanding more convenient ways to do their banking. An Ernst and Young study (Technology in Banking Report) concluded that "nothing changes in the banking world if customers cannot get financial services when and where they wish...this means anywhere, at any time." Statistics show that ATM's, telephone banking, and home banking account for over fifty percent of all banking transactions today, and total non-branch activity is growing at fifteen percent a year. In one survey (Web-Tech, Inc., May 17, 1995), eighty-two percent of 18- to 34-year olds polled preferred banks with 24-hour service. Customers are also demanding a more sophisticated mix of products tailored specifically to their financial needs, and non-bank competitors are better fulfilling these needs. Banks today hold only 20% of household financial assets, versus 34% twenty years ago; they have 30% of business deposits, versus 42% only seven years ago. Nonbank credit card providers have gained inroads against banks, holding a 25% market share versus 5% in 1986 (WebTech, Inc., May 17, 1995). Internet banking offers an attractive solution to this redesigned products and services. Customers have 24-hour graphical-interface access to their accounts and appreciate that their bank is doing something to make banking easier for them. 03.00 ABOUT THE INTERNET The Internet has exploded in the last two years thanks to the invention of the so-called "browser." A browser is a point-and-click software program that allows "surfers" to navigate around the Internet without knowing any UNIX commands. The first browser was developed by the National Center for Supercomputing Applications, a government agency. With a browser and access to the Internet, you can order a pizza, listen to and purchase a CD, stroll through the Louvre, or view satellite photographs of Scotland. Although it may get congested from time to time, the Internet itself is extremely reliable. There is not actually any one network that is the Internet; it is made up of thousands of networks that connect to each other through common routes, and they all agree to carry each other's traffic. There is a lot of money flowing up from local

Creative Spark Talk †Taking Imagination Seriously Essay

Janet Echelman is a self-proclaimed artist who never formally learned the craftsmanship of being an architect, engineer, or sculptor. However, her story is one of determination and perseverance through adversity that fuels inspiration to make imagination a reality. Ms. Echelman was an honored speaker at a 2011 TED Talk conference and the title of her speech was, â€Å"Taking Imagination Seriously†. The focus of her speech is about the ability to utilize numerous inventive methods to bring about the natural beauty of art. Illuminating Stages of Creativity Echelman shares in her talk that she was offered an opportunity to travel to India and host an art presentation. She had been painting abroad for 10 years so she considered herself prepared and had envisaged concepts for the exhibition. However, met with the dilemma of missing painting supplies, Echelman began brainstorming to solve the problem. Recalling that sculpting was esteemed in the area, she entertained the idea of creating bronze moldings but dismissed because the cost, size, and weight would be too great. Stumped in the creative process, a new technique to design aerial sculptures suddenly appears by watching fishermen pile nets on the beach. Acting on her mysterious moment of clarity, Janet Echelman brought into existence with the help of local fishermen, a one of a kind sculpture titled â€Å"Wide Hips†. Captivated by visions of effortless motions and images influenced by every flutter of the wind, Echelman was compelled to master variations of the artistry. Although her beginning works was temporary, they were viewed by thousands and gained her recognition. She was commissioned to erect a sculpture, which challenged a series of actions to achieve lasting results. Her ability to transform the idea of using ordinary material to assemble monumental artwork is stimulating and touching the minds of society. Concepts of Imagination and Curiosity Janet Echelman acknowledged that she required assistance and resources to further the growth of her creations. She began gathering, sorting, and organizing information on what tools or equipment would be needed along with developing relationships with various engineers. This new form of art had not been done before; it was created through the process of connecting visions and absorbing ideas from environment. Janet Echelman was able to put concepts into action by experimenting with existing methods and modifying until reaching the goal. She allowed her imagination to cultivate scenarios of innovations that the world had yet to experience. When presented with the advantage to construct a sculpture in the middle of a city, Janet Echelman’s curiosity was electrified. Future assignments entailed exploring different techniques, learning and understanding how they will work together. With each new project, Janet applied inquisitive thinking skills to explore and investigate how she would accomplish constructing and stabilizing the artwork. Every sculpture took on distinctiveness through color, form, texture, and assembly. As a result of allowing her curiosity to lead her toward additional ideas and perspectives, Ms. Echelman achieved greater knowledge how to use cogitative dimensions. Points Apply to Personal Experience and Beneficial to Society As a culture and in families, people are taught that to pursue dreams or succeed in a career, education is a necessity. However, some people assume a certain path is meant for them but destiny has a different course for them. Janet Echelman shared several points that could be related to personal experiences to find my own creative path in life. As a result of my own adversities with finishing college at a younger age, acceptance into an art institute to study interior design was not achieved. Nonetheless, with encouragement and determination implanted, designing remained a hobby practiced. Nurturing and releasing my imagination to explore various angles, colors, and shapes that correlated or contrasted with one another broadened possibilities. Although interior design is not my career, the creative process of intuitively recognizing issues and formulating questions to solve them, gives guidance in different capacities of life. Janet Echelman referenced topics that are beneficial to society wherein many people struggle with asking themselves questions that are correlated to the core of what drives their thoughts. A person must be  open-minded and willing to visualize the impossible to achieve possibilities. Rejections, loss of supplies, and challenges to create something new and unforeseen, pushed Janet Echelman’s imagination to greater heights. These are attributes that are considerably beneficial to old and coming generations. In conclusion Janet Echelman, an American artist was driven by her imagination to create one of kind sculptures around the world. Her persistence to acquire as much information on the craftsmanship of sculpting shows that the power to create and intuition brings results. Connecting visions sometimes require the assistance of others and in doing so, relationships are formed and the aftereffect is splendor. The finished masterpiece is takes on a form of its own to be enjoyed and appreciated by the magnitude. Janet Echelman’s creations has inspired, mesmerized, and encouraged people to take their imagination seriously. References N.A. (2011). TED Talk. Janet Echelman: Taking imagination seriously. Retrieved from: http://www.ted.com/talks/janet_echelman/transcript?language=en

Luisaldo Mendiola. Professor Price. Engl 1302 Nt6. Research

Luisaldo Mendiola Professor Price ENGL 1302 NT6 Research Essay April 21, 2017 Tradition and the Sheep A Critical Analysis of Shirley Jackson’s â€Å"The Lottery† Traditions are common part of culture and religion in the world today; almost everyone has a tradition that they follow. The traditions you practice can be new and only just have started with your generation or the generation before yours. The traditions could also have been old, spanning many generations before your generation and your parents’ generation. Some traditions could be small and last for a few generations; an example of this would be like a yearly family cookout. One would invite their families to their house or local park to have fun and eat. It could be something small†¦show more content†¦But lurking behind him, Mr. Graves quietly assists, his name hinting at a dark undertone† (Griffin par. 3). The black box that is used for the lottery is another symbol because it symbolizes a condition of the village, â€Å"The black box is a physical manifestation of the villagers connection to tradition† (Shmoop Editorial Tea m par. 1) This is due to how it is rumored that the current black box was made with parts of the old black box, â€Å"there was a story that the present box had been made with some pieces of the box that had preceded it,† (Jackson 140). The description of the box and the rumor of it being made of the old box are a symbol of the town’s current lottery. The new box represents the current lottery and the old box represent the lottery when it started. The old parts of the box that were used to create the new box are a symbol of the lottery prize, while the reason for the lottery existing stays with the old box. â€Å"The Lottery† is told in third person and does not tell the audience much about what the lottery prize is, hence the reader is left clueless throughout much of the story on what the prize is. This is where Jackson uses foreshadowing to give hints on what the prize might be but the readers will not know until the end of the story. The first hint that Jack son gives the audience is, â€Å"Bobby Martin had already stuffed his pockets full of stones†