Bank Account Research Articles

Bridging disparity in knowledge and utilization of contraceptive methods among married couples in the pastoralist community of Fentale District, Eastern Ethiopia.

Despite progress in national reproductive health, pastoralist regions, including the Fentale District in Eastern Ethiopia, face challenges with limited contraceptive coverage due to gaps in understanding and adoption among couples. This cross-sectional study of 1496 couples in Fentale District, Eastern Ethiopia, from October 1 to December 25, 2021, utilized multistage sampling. Data entered into EPI Data underwent analysis with SPSS (v23.0) and STATA (v14.0), employing descriptive statistics, bivariate analysis, and binary logistic regression to identify predictors of contraceptive knowledge. Of the 1496 couples, 93.8% (1404) participated in the survey. Significant educational disparities were observed, with 53.8% having no formal education, particularly among women (65.2%). Despite this, 80.2% of couples were aware of at least one family planning (FP) method, and 78.6% knew modern methods. The median knowledge of contraception methods was 3 for both genders. Men showed higher awareness of male (43.2%) and female condoms (17.4%) compared to women (31.8% and 6.0%). Overall, 27.4% of couples used contraception, with a significant gender difference: 41.2% of women and 13.5% of men. Modern contraceptives were used by 18.2% of couples, predominantly by women (34.8%). Binary logistic regression analysis indicated positive associations between contraceptive knowledge and education, bank account ownership, occupation, proximity to healthcare, and media exposure, while a nomadic-pastoralist lifestyle and specific treatment preferences showed negative associations. The limited knowledge and utilization of family planning in the Fentale District stem from gaps in comprehension and disparities among couples. Factors influencing this situation include socio-demographic considerations, such as variations based on education, occupation, media exposure, bank account ownership, treatment preferences, and distance from healthcare facilities. This ensures that the interventions are having the desired effect and allows for adjustments as needed to promote family planning uptake.

The Use of Special Bank Accounts to Protect the National Interests of the Russian Federation

The authors analyze the legal regulation of the use of special bank accounts of various types (literal) in the context of the anti-bankruptcy policy pursued by the Russian Federation. Special attention is paid to the consideration of the regime of a group of special accounts of type “C” (banking, brokerage, clearing, trust management and others) used for settlements on loans and some other financial obligations, accounts of type “O” used for settlements with intellectual property rights holders, accounts of type “I” and “D” for securities settlements. All these accounts make it possible to make settlements with persons from unfriendly jurisdictions and at the same time limit the withdrawal of funds from the Russian economy. The use of accounts of type “K” and type “Z” for obtaining settlements by Russian exporters of gas and grain is also being considered. The conclusion is that these legal instruments are effectively used to ensure Russia’s national interests. The need to move from regulatory regulation to legislative regulation is also emphasized.

Married and cohabiting women's financial empowerment: A study on women's bank account ownership in Spain

AbstractObjectiveThe goal was to examine the conditions under which young adult women (aged 25–50) in heterosexual couples maintain their economic independence through a personal bank account.BackgroundResearch has shown that in Spain, the pooling of economic resources is seen as an important aspect of being a couple and as a symbol of togetherness. However, in practice, joint management can be characterized by inequalities on several levels, such as access to money, control over money, and personal spending. Few studies have focused on household financial organization in Spain, and studies of women's financial autonomy are lacking.MethodWe conducted a cross‐sectional analysis of couples aged 25–50 in Spain (N = 1,281) using data from the 2020 National Survey on Family Life.ResultsThe findings reveal that women are significantly less likely to have a personal bank account if either partner does not endorse values of economic autonomy, the couple is married with children, or, if the male partner earns significantly more.ConclusionThe results suggest that there is still a long way to go for Spain to reach the levels of women's account ownership seen in countries such as those in Northern Europe. It is important to incorporate women's account ownership into the investigation of financial organization, given its substantial implications for women within couples and those navigating relationship dissolution.ImplicationsGovernment programs should promote women's account ownership. Also, policies targeting financial literacy can incorporate dimensions such as basic budgeting, saving, and debt management so that women can gain further financial skills.

Ransomware Mitigation for Secure and Smart Cloud Manufacturing Using GeniLeaf Decision Tree with Load Balancing

Background: Cyber-attacks related to ransomware have increased significantly in cloud manufacturing industries over the last decade, causing considerable disruptions to organizations. This type of information may also include personal details, patent rights, bank account details, etc. This type of malware requires new and better mitigation methods. Objective: The primary objective of this study was to provide an algorithm to execute experiments using genetic algorithms for load balancing with decision trees and mitigate ransomware. Methods: Hybrid analysis and machine learning techniques were used in this study to identify ransomware. Since a wide range of samples impacted by ransomware share most of the characteristics, it may be possible to use this study to detect current and future malware variants in industries. Results: In patented industrial technology, ransomware mitigation plays a crucial role based on the analysis of various papers and patents-to-science references. In this study, a machine learning mitigation algorithm, GeniLeaf Decision Tree (GLDT), was applied to a featured dataset using a genetic algorithm with a decision tree Conclusion: Machine learning and load balancing are used to gain insight into ransomware behavior. By using the proposed approach to mitigate ransomware and spoofing patterns, a high level of accuracy is achieved. Using GeniLeaf Decision Trees to mitigate ransomware is a significant innovation.

The Effectiveness of Using the Statistical Sample Method in Auditing Bank Accounts

The Effectiveness of Using the Statistical Sample Method in Auditing Bank Accounts

Barriers and Facilitators in Implementation of Nutritional Benefit Transfer to Tuberculosis Patients

Abstract Background Malnutrition & Tuberculosis (TB) form a vicious cycle. Nikshay Poshan Yojana (NPY) is a key strategy for a TB free India, that seeks to provide financial assistance for nutritional support to TB patients. The study is a qualitative study to identify operational challenges and facilitators in implementation of NPY Methods In Depth Interview (IDI) of 18 Senior Treatment Supervisor (STS) at Tuberculosis Unit (TU) and 19 Tuberculosis Health Visitor (TB HV) at Designated Microscopy Centre’s (DMC) was done. For further insights, the STS, at District Tuberculosis Centre, Lucknow was also interviewed. Informal discussion was done with about 50 Tuberculosis patients. We explored providers perspective on impact of NPY on other duties/services, case load, hours dedicated to NPY, practice protocols, record keeping and data management, compliances, capacity building needs, quality protocols, key enablers, motivating factors, challenges, best practices and beneficiary’s perspectives on quality of life, facilitators and challenges in availing services. Results Motivating leadership, supportive staff, good working relationship and seamless communication, teamwork, use of technology, supportive supervision & collaboration and support of NGO for private sector were the key facilitators. Barriers comprised system level barriers (Budget constraints, issues with NIKSHAY software and bank account), provider level barriers (shortage of human resource, nonfunctional tablets) and patient level barriers (stigma and bank account related challenges). The encouraging finding was majority of recipients, responding that they used the incentive to purchase ration, vitamin supplements etc. Conclusions NPY is having its intended benefit but there are barriers that need to be resolved for successful roll out. The study yield suggestions for removing barriers and found a set of innovations that can be replicated across other settings with high Tuberculosis burden Key messages • Malnutrition and Tuberculosis form a vicious cycle. Nutritional support to TB patients improves treatment outcome and can save lives. • Operational research on implementation of NPY offers insights for successful roll out of this key initiative across other resource limited settings in developing countries.

The Shariah non-compliance (SNC) disclosure index of Islamic banks in Malaysia

Purpose This study aims to examine the Shariah non-compliance (SNC) disclosure index for all 16 Malaysian Islamic banks from 2015 to 2020. Design/methodology/approach A qualitative research methodology was adopted that included content analysis. The data were gathered from banks’ annual reports from 2015 to 2020. To achieve this, firstly, the disclosure index was developed by examining the disclosure requirements of the regulator and previous studies. The index was then used to measure the level of disclosure index for all these banks. Findings The overall average SNC disclosure index for the Islamic banks from 2015 to 2020 remained low at 0.57. However, the values were comprised of mandatory and voluntary items. For the former, the SNC disclosure index was quite high at 0.82, but for the voluntary items, the value was 0.40. Progressive improvement can be observed in the disclosure practices of the majority of the Islamic banks between 2015 and 2020; nevertheless, certain banks displayed a deterioration in their disclosure practices. Research limitations/implications This study has several limitations, including the index used, the research period and the fact that it was restricted to SNC events. Practical implications These findings add value for information users by assuring them of the accountability of Islamic banks in terms of transparency, as well as their effectiveness in managing and mitigating SNC events. Regular monitoring and strong enforcement by the regulator are essential to achieve full compliance with the stipulated requirements. Originality/value This study offers a disclosure index for analysing SNC events in depth by segregating the disclosure into mandatory and voluntary items for each Islamic bank and making recommendations for future research. In addition, it provides a broad overview of current trends in SNC and the associated issues, as well as insights for regulators and the public in terms of the transparency levels of Islamic banks in relation to SNC event disclosure.

Blocking Fraud, Advertising, or Campaign-Related Calls with a Blockchain-based Mobile App

The use of a person's cell phone to commit fraud is known as cell phone fraud. Such scams are usually carried out through fake phone calls or text messages. The victim receives a call from a cell phone scammer, usually claiming to have an emergency or a legal problem. The purpose of the scam is usually to convince the victim to provide personal or financial information. This may include private information such as social security numbers, bank account details or credit card information. In addition, users are often subjected to unsolicited calls for marketing and information gathering initiatives such as campaigns, advertisements and surveys. In this study, a smartphone application built on the blockchain is created to stop these nuisance actions. Transaction times and performance tests have been rigorously performed according to the difficulty levels of the blockchain structure.

Главное о социальном банковском вкладе и социальном банковском счете

On July 22, 2024, Russian President Vladimir Putin signed Federal Law № 202-FZ, which establishes the possibility of opening special banking products, namely a social bank deposit and a social bank account.

Corporate social responsibility as a moderator of loyalty antecedents in the Brazilian banking context

PurposeThis study aims to analyze how corporate social responsibility (CSR) moderates the direct effects of satisfaction, service quality and trust on consumer bank loyalty.Design/methodology/approachA survey was conducted with 258 consumers who had held a bank account for at least six months to test the proposed model and achieve the research objectives. It was hypothesized that satisfaction, service quality and trust would positively influence bank loyalty. Additionally, it was expected that CSR would positively moderate the relationships between these constructs and bank loyalty.FindingsThe study confirmed the positive relationships among the direct effects of satisfaction, service quality and trust on bank loyalty. However, unexpected results were found in the moderation analysis. The moderating effects of CSR on the relationships between service quality and trust in customer loyalty contradicted expectations. These results suggest that banks should cautiously approach CSR activities, especially in Brazil. Consumers' perceptions are influenced by whether they perceive CSR initiatives as altruistic. Conversely, banks risk losing credibility if consumers perceive CSR as self-serving rather than beneficial to the public. The study underscores the importance of aligning CSR practices with genuine public benefit to enhance consumer trust and loyalty, urging companies to rethink their approach to CSR implementation.Originality/valueThis investigation benefits researchers, customers and banking executives. The findings may assist banks in (re)building their CSR reputation. This research evaluates banks in a developing economy and can serve as a precursor to future research, helping to develop CSR guidelines for banks.

Appraising the impact of currency redesign on the nigerian construction artisans in the informal sector

The currency redesign era may complicate financial transactions for construction artisans in the informal sector and threaten to achieve sustainable development goals (SDGs) (1 and 2). The majority still need a bank account which may increase unemployment and hunger. Therefore, the study investigated Nigerian construction artisans’ challenges in the informal sector and proffered measures to mitigate future currency redesign challenges and, by extension, improve achieving Goals 1 and 2. The study employed a qualitative research design and engaged 28 knowledgeable participants in Lagos, Nigeria. The research achieved saturation with the selected participants and used a thematic analysis to analyse the collected data. The study shows that currency redesign is germane to construction sector advancement and developing economies at large. The impact includes increased unemployment, hunger, low patronage and productivity. These are threats to achieving Sustainable Development Goals 1 and 2. Among the top-ranked measures suggested are encouraging bank account openings, currency redesign should be in sequence and planned, public education and cash handler education purposes, and skills training (reskilling and upskilling). The study extends currency redesign and the construction artisans in the informal sector literature by showing that currency redesign is pertinent to the sector’s growth.

Saving on the Phone—Evidence from Ghanaian Cocoa Farmers

Effective savings mechanisms are crucial for household resilience and economic growth. Savings accounts, whether from banks or mobile-phone based, offer an alternative to informal saving mechanisms as they provide safe and private cash storage. However, there is still no clear evidence on how the use of digital tools can contribute to increasing farmers’ savings, compared with other financial tools such as bank accounts or keeping cash at home. To address this gap, we investigate factors affecting cocoa farmers’ decisions to save, as well as their savings amounts. Shedding light on saving determinants, we answer the question of whether formal and semi-formal accounts play a major role in savings accumulation. For our study, we employ data from a structured telephone survey conducted in 2021 among 405 randomly sampled cocoa farmers. Results from an interval regression suggest that bank account usage is associated with higher savings amounts. In contrast to male cocoa farmers, females seem to use mobile savings tools to their benefit. Our analysis further reveals the importance of education in household financial resource management. We provide valuable results for public policymakers and the private sector towards responsible financial inclusion and pro-poor development of digital financial services.

Assessing the Impact of Digitalization and Digital Payments in Advancing Financial Inclusion

This study seeks to investigate the impact of digital resource accessibility and digital payment on financial inclusion in South Asia. The scope of this examination covers accessibility and utilization dimension of the financial inclusion. The accessibility in terms of account ownership and utilization in terms of formal savings and formal borrowing. The study uses Global Findex database 2021 and employs a Logistic regression model given the binary nature of the outcome variables. The aftermaths of the regression model suggest that age, gender, education, wealth and employment status significantly influence the indicators of financial inclusion. Findings indicate that access to mobile phone and internet has higher likelihood of financial inclusion in terms of owing a bank account, formal savings and formal borrowing. Moreover, engagement of individuals with digital payment systems like credit cards, debit cards, or making or receiving payment digitally correlates strongly with higher likelihood of financial inclusion. The findings of the study have implications in underscoring the importance of tailored policies that support financial inclusion.

Modelling the Behaviour of Millennials towards the Adoption of Mobile E-Money Services in National Capital Region of the Philippines using Structural Equation Modelling

This study investigates the behavioural intention of millennials towards the adoption of mobile e-money services. The Theory of Planned Behaviour as the theoretical foundation with Attitude, Subjective Norms, and Perceived Behavioural Control variables and Structural Equation Modelling as the modelling technique were employed to identify what factor(s) influence the millennial’s behavioural intent. A combined online and paper-and-pencil survey form was employed to assess how electronic banking through the use of mobile e-wallets is perceived by the millennials residing in the National Capital Region of the Philippines. The sociodemographic profile of the respondents and their banking experiences, including their access to financial products and services, are other goals of this study. The research concludes that millennials’ attitude and perceived behavioural control have a significant impact on their intent to adopt mobile e-money services, and the majority have access to financial products and services. The millennials’ subjective norms have a positive effect, but it is not significant. Additionally, the respondents’ gender and whether they own a bank account or not were used for moderation analysis. The research findings showed that both variables do not have a significant effect on the links between variables. Results of this research could guide the financial regulatory bodies in their policy-making activities, the users of electronic financial products in their financial endeavours, and the government, ultimately, to achieve its financial goals.

Moderating effect of bank performance on bank value: Evidence from Jordan

The relationship between bank performance and bank value is a crucial area of study, particularly in the context of emerging economies like Jordan. This study aims to investigate the moderating effect of bank performance on bank value, providing insight into how performance metrics influence overall valuation. The study employs a comprehensive methodological approach, utilizing panel data regression analysis to examine data from a sample of Jordanian banks over the period from 2014 to 2022. Key performance indicators such as Tobin’s Q, accounting conservatism, debt ratio, current ratio (CR), return on assets (ROA), and asset turnover are factors that influence bank value in the Jordanian market. The results reveal that bank performance significantly moderates the relationship between bank-specific factors and bank value. Specifically, the study finds that return on assets has a positive and statistically significant effect on bank value. The analysis reveals a significant positive correlation between bank value and profitability, as evidenced by a moderate positive correlation coefficient (0.26) between Tobin’s Q and ROA. However, weak or non-significant correlations are observed between bank value and accounting conservatism, debt ratio, and asset turnover.

Perlindungan Hukum Terhadap Data Pribadi Nasabah Oleh Bank Dalam Transaksi Melalui Internet Banking

Technological advances have been able to give birth to services that facilitate daily activities such as the presence of internet banking services. However, there are still many problems related to the unprotection of customer personal data. The formulation of the problem from this study is how to legally protect the security of customer personal data by banks in internet banking services and how bank accountability in terms of personal data belonging to customers is not protected due to the use of internet banking services. The research method used in this thesis research is a normative type of legal research with a type of statutory and conceptual approach. The data sources used are prime, secondary, and tertiary data sources. The collection of legal materials is carried out through a library study. The results showed that the form of preventive legal protection was carried out by providing socialization through the platform to inform about the protection of customer personal data and the applicability of the ITE Law and the Telecommunications Law which provides a protection to prevent disputes against customers. The form of repressive legal protection is carried out through the existence of the Consumer Protection Law which is the basis for the fulfilment of consumption rights. The form of bank liability to customers in the event of a data leak is that the bank will provide compensation if it is proven that it is true that the data leak is not caused by the customer's negligence or mistake.

Financial literacy of Russians: The relationship with socio-demographic and psychological characteristics

The goal of the study is to reveal the relationship between the financial literacy of Russians and socio-demographic and psychological factors using data from three waves of the All-Russian Panel Survey of Consumer Finances (2018, 2020 and 2022). Fixed effects regression shows that the age of an individual is related non-linearly with financial literacy and the profile has the inverted U-shape. The association of education with financial literacy is positive: respondents with specialized secondary and higher education are more financially literate compared to people with general secondary education or lower. Income, Internet use, the presence of a spouse, paid employment, and a bank account are also positively related to financial literacy. Individuals with higher risk appetite, low ability to control their emotions, and short-term time preferences are worse literate in personal finance. Robustness tests allowed us to conclude that the influence of gender on the level of financial literacy in Russia is insignificant.

Особливості правового статусу банків як юридичних осіб

The article describes the peculiarities of banks’ legal personality and considers approaches to the universal and special legal capacity of banks as legal entities. It also argues the expediency of using the dynamic theory for determining banks’ legal capacity and the application of special legal ability of banks. The analysis provided in the article is based on the approach according to which the legal ability of legal entities that in the future must obtain permission (permit, license, registration or authorization) for the right to conduct certain types of activities arises in two stages. First, a legal entity receives a minimum universal civil legal ability from the moment of its state registration to the extent necessary for its functioning as a legal entity. The second stage is obtaining a banking license by a bank, which is actually obtaining a special legal capacity. The article analyses all banks’ services (banking services, other financial services, as well as non-financial services provided by the banks), the provision of which requires a special legal capacity. It is argued that special legal ability of the bank provides for the ability to have rights and bear responsibilities necessary for the provision of banking services. A banking service on raising funds and refundable investment metals, in contrast to such raising by other financial institutions, should be considered raising to a bank account. Banking services on opening bank accounts provides for a unique feature of banks - their systemic technological nature to ensure monetary settlements between banks and bank clients. It is suggested to introduce in the legislation the provision that not only the opening of bank accounts should be considered a banking service, but also the provision of settlements between parties which have bank accounts. It is argued that the bank is a unique universal financial institution not so much because of the list of services itself, most of which can be provided by other financial institutions, but because it can provide these services in combination with other services (in complex way). It is indicated that the peculiarity of the legal capacity of the bank as a legal entity lies in introducing a two-tier governance system only with a collegial executive body and tighter requirements in regard to the quality of academic and professional background of members of such governing bodies.

ACCOUNTING OF FINANCIAL RESULTS IN BANKS AND INTERNATIONAL STANDARDS

Accounting of financial results in banks is very important to show their financial status and activity correctly. Financial accounting in banks involves measuring, recording and reporting financial transactions, assets, liabilities, equity, income and expenses. These reports provide stakeholders, including regulators, investors and management, with important insights into the financial health of the bank. The complexity of banking operations, along with regulatory requirements, makes it mandatory for banks to adhere to international accounting standards that ensure transparency, comparability and consistency across the industry.

Behavioral intention among gen z an analysis of digital banking adaptation factors in Jabodetabek

Background: Many traditional banking arrangements have changed as a result of the financial sector's new technological revolution. One method the company seeks to provide consumers with more value is by delivering digital transformations that are especially designed to match their needs and preferences and that use mobile devices such as cell phones to access banking services. This study aims to examine the effect of performance expectancy and effort expectancy to behavioral intention of adopting digital banking. Method: This study collects data from 243 respondents aged 17 to 27 who live in Jabodetabek area, had experienced to do offline transaction, and have at least one digital bank account. Partial Least Squares Structural Equation Modeling (PLS-SEM) was then used to process the data collected. Findings: The findings of this study shows that shows that effort expectancy has a positive effect on behavioral intention on using digital banking. Meanwhile, performance expectations do not have a significant positive effect on behavioral intention. Conclusion: The results of the research may be used to develop a strategic plan and put recommendations into practice to better understand user intentions to use digital banks.