Personal Banking Research Articles

MOSLEM UNDERGRADUATED STUDENT ENTREPRENEURIAL PREFERENCE: PAST PROFILE

The concept of entrepreneurship is still a debate whether it needs to be taught in formal education or not, but all agree that an entrepreneur is one of the economic drivers of a nation. The purpose of this research is to investigate student entrepreneur profile based on their past experiences especially among Moslem student using past profile self-assessment of Timmons and Spinelli Jr. The research used a quantitativemethodological approach. Questionnaires were sent out to respondents selected by the researcher using purposive sampling method. The results showed that the students placed capital such as personal savings, bank loans or investor funds, as the most important preference in their entrepreneur profile, is very logical for entrepreneurs who want to become the owner of a new business. In other hand, status and prestige were the last reasons in building their business. This shows that all students consider there is no relationship between entrepreneur status and the decision to become an entrepreneur.

Analysis of the Impact of the Personal Finances of the Promoter on the Cash Flow of His High School: Case of Mali

The main objective of this study is to analyze the impact of the personal finances of the promoter of a high school on the cash-flow of his establishment. A multiple linear regression model was used to analyze data collected from 53 randomly selected private high schools at the right bank academy in Bamako.Our results show that on the one hand, the promoter’s personal expenses and investments have a negative impact on the high school’s cash flow, personnel costs and running costs ; on the other hand, the budgetary management, the incomes and the relationship with the promoter’s personal bank have a positive impact on them.The results of this study could help high school promoters to find a balance between managing their high school’s cash-flow and their personal finances. They could also contribute to the scientific literature on the subject. Keywords: Private high school, Treasury, Personal finance, Promoter DOI: 10.7176/EJBM/15-10-01 Publication date: May 31 st 2023

Influence of Mobile Wallet Adoption on Performance of Tea Farmer’s Payment Systems by Cooperatives Kenya

Technology and time have significantly changed. Mobile phones have since changed the world telecommunication industry. Many innovations have led to remarkable economic gains in the last two decades. The incredible gains achieved over the last decade in mobile phone access have led to unexpected innovations. Mobile banking is a crucial factor in ensuring customer satisfaction, reducing operating costs, and a path for banking services penetration to the general public. The increased adoption of mobile banking has led to a new distribution channel for retail banking. The adoption of Internet banking has changed the dimensions of competition by introducing alternative delivery channels, including automated teller machines, mobile phone banking, and personal computer banking. The study's main objective was to determine the influence of mobile Wallet adoption on performance of tea farmer’s payment systems by co-operatives Kenya. Keywords: Mobile Wallet, FinTech, Mobile Money Technology DOI: 10.7176/EJBM/15-8-07 Publication date: April 30 th 2023

AI BASED CHATBOT TO ANSWER FAQs

People interact with systems more and more through voice assistants and chatbots. The days of solely engaging with a service through a keyboard are over. These new modes of user interaction are aided in part by This research will investigate how advancements in Artificial Intelligence and Machine Learning technology are being used to improve many services. In particular it will look at the development of chatbots as a channel for information distribution. This project aimed to implement a web-based chatbot to assist with online banking, using tools that expose artificial intelligence methods such as natural language understanding. Allowing users to interact with the chatbot using natural language input and to train the chatbot using appropriate methods so it will be able to generate a response. The chatbot will allow users to view all their personal banking information all from within the chatbot. In an industry with low user satisfaction rates and limited technology to increase accessibility. It is clear the chatbot overcomes the challenges that many firms face to increase the use of their services and gain a competitive edge over leading competitors. With many people adopting Smart Assistant Devices such as Google Home or Amazon’s Alexa. The chatbot was tested across a range of devices such as Google Home and Assistant on android devices to outline the key differences between the two modes of interaction, spoken and text dialog. These test were carried out to identify the value in integrating such technology surrounding the recent interest in EEE521 Final Year Project 2017/18 B00659303 2 chatbots and conversational interfaces. Proving chatbots can be applied to a specific domain to enhance accessibility, reaffirming that they are more than just a passing fad and have a viable use. Keywords : Chatbot, AI, NLP, ML, NLTK, Data set.

Технология на работа в учебно предприятие

The training enterprise / training company is an innovative model for training in entrepreneurship, economics and business administration. In Bulgaria, this model has been applied since 1994. The activity of the training enterprises is organized and managed by the Center of Training Firms /CETF/ Sofia. The created online platform simulates the activity of the State and its institutions and allows training companies to operate in an environment that is as close as possible to the reality in the country. There are 8 offices in this platform: Registry Agency, Bank, National Revenue Agency, Wholesale Exchange, Patent Office, Commission for Personal Data Protection, Agriculture Office and Banking Supervision Management. A mandatory condition is that every teacher who teaches a subject Work in a training enterprise has undergone training as a manager and has a certificate. Most training enterprises have a mentor company from the real business that gives advice to the trainees on how to run their firm. The Center for Learning has been a member of the World Network of Learning Enterprises – EUROPEN PEN International since 2003. Annually there is a fair of educational enterprises in Plovdiv, where their activities are presented, deals are concluded, competitions are held. This article presents a model of the technology of work in a training enterprise in the Vocational High School of Commerce and Restaurant Vratsa.

EVALUATION OF THE EFFECT OF FOREIGN EXCHANGE MARKET INSTRUMENTS ON FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN MERU COUNTY, KENYA.

Purpose: To investigate the effect of foreign exchange market instruments on financial performance of commercial banks in Meru County, Kenya
 Methodology: Descriptive survey research design was used when collecting data using closed-ended questionnaires from 15 commercial banks in Meru County Kenya. The respondents were selected using stratified sampling method to have 4 units of observation such as banking operations, business development, personal banking and marketing operations. Once the strata were derived, the study used Krejcie & Morgan (1970) sampling formular to get the sampled respondents. This resulted to a sample of 55 banking operations officers, 45 business development officers, 55 personal banking officers and 72 marketing operations officers. The study further issued closed questionnaires and analysis from secondary data reports such as statement of affairs and income statements. The pre-test was done on two commercial banks in Isiolo-County. The banks were Kenya Commercial Bank and Consolidated bank. This was because Isiolo County was a county that was well developed with banks that were actively engaged in banking operations. The respondents were 6 banking operations officers, 5 business development officers, 6 personal banking officers and 9 marketing operations officers. The data from questionnaires were analyzed using descriptive statistics such as median, frequencies and percentage. Data was presented using tables. SPSS version 24 was used to analyze the data which was presented using tables. Analysis of documents was done using the ratio analysis technique.
 Results: The results on the questionnaires indicate that most respondents agreed that there were several training forums to clients on issues pertaining foreign exchange market (mean of 3.01). However, most respondents had a contrary opinion on the government support to always maintain the value of a shilling vis-à-vis an US dollar (mean of 2.34). Additionally, the respondents indicated that the bank did not provide all information pertaining to foreign exchange (mean of 2.47). Foreign exchange market instruments had an R value of 0.756 and R-square of 0.572. This indicated that foreign exchange market instruments had an 57.2% influence on financial performance while 42.8% were on other factors not investigated in this study. The significance level was 0.000 hence below than 0.05. Therefore, the results meant that the study rejected the null hypothesis that there is no Effects of foreign exchange market instruments and financial performance of commercial banks in Meru County, Kenya.
 Unique contribution to theory, policy and practice: Foreign exchange market instruments were key determinants on financial performance of a bank as long as currencies are involved. The more a bank invests in acquiring qualified personnel, updated ICT systems and reliable communication channels, the easier it will be to improve their performance. Nevertheless, this has not been the case since most banks do not have reliable systems that could support foreign exchange operation without necessarily exposing the bank to cyber fraud when seeking and consistent losses due to price volatility.

Do Men Have No Need for “Feminist” Artificial Intelligence? Agentic and Gendered Voice Assistants in the Light of Basic Psychological Needs

Artificial Intelligence (AI) is supposed to perform tasks autonomously, make competent decisions, and interact socially with people. From a psychological perspective, AI can thus be expected to impact users’ three Basic Psychological Needs (BPNs), namely (i) autonomy, (ii) competence, and (iii) relatedness to others. While research highlights the fulfillment of these needs as central to human motivation and well-being, their role in the acceptance of AI applications has hitherto received little consideration. Addressing this research gap, our study examined the influence of BPN Satisfaction on Intention to Use (ITU) an AI assistant for personal banking. In a 2×2 factorial online experiment, 282 participants (154 males, 126 females, two non-binary participants) watched a video of an AI finance coach with a female or male synthetic voice that exhibited either high or low agency (i.e., capacity for self-control). In combination, these factors resulted either in AI assistants conforming to traditional gender stereotypes (e.g., low-agency female) or in non-conforming conditions (e.g., high-agency female). Although the experimental manipulations had no significant influence on participants’ relatedness and competence satisfaction, a strong effect on autonomy satisfaction was found. As further analyses revealed, this effect was attributable only to male participants, who felt their autonomy need significantly more satisfied by the low-agency female assistant, consistent with stereotypical images of women, than by the high-agency female assistant. A significant indirect effects model showed that the greater autonomy satisfaction that men, unlike women, experienced from the low-agency female assistant led to higher ITU. The findings are discussed in terms of their practical relevance and the risk of reproducing traditional gender stereotypes through technology design.

금융(Finance)과 기술(Technology)의 융합이 이끌어가는 은행산업 변화에 관한 연구

The purpose of this study is to review the major changes led the first(K Bank), second(Kakao Bank) and third(Toss Bank) Korean virtual banks to the banking industry which had been conducting customer-oriented business activities with branch networks. Therefore we would like to contemplate on the convergence of Finance with IT Technology in the banking industry which was accelerated by the outbreak of COVID-19 pandemic around 2021 when Toss bank started business. The digital transformation of traditional banks has been progressed rapidly since the launch of Korean virtual banks. Kakao Bank successfully achieved an IPO after several series of success but failed to meet the government's goal of meet the medium-rate(Subprime) loan demand of the undeserved class. The establishment of Toss Bank was authorized mainly to supply more medium-rate(Subprime) loan in the personal banking area and, in the meantime, Big tech companies such as Naver were advancing into the financial industry. It is obviously seen that the convergence with the IT technology of the traditional banking industry has been accelerated faster than ever and banking industry itself keeps being revolutionized through Digital Transformation and a bold collaboration with Bigtech such as MyData Business.

COVID-19 malicious domain names classification

Due to the rapid technological advances that have been made over the years, more people are changing their way of living from traditional ways of doing business to those featuring greater use of electronic resources. This transition has attracted (and continues to attract) the attention of cybercriminals, referred to in this article as “attackers”, who make use of the structure of the Internet to commit cybercrimes, such as phishing, in order to trick users into revealing sensitive data, including personal information, banking and credit card details, IDs, passwords, and more important information via replicas of legitimate websites of trusted organizations. In our digital society, the COVID-19 pandemic represents an unprecedented situation. As a result, many individuals were left vulnerable to cyberattacks while attempting to gather credible information about this alarming situation. Unfortunately, by taking advantage of this situation, specific attacks associated with the pandemic dramatically increased. Regrettably, cyberattacks do not appear to be abating. For this reason, cyber-security corporations and researchers must constantly develop effective and innovative solutions to tackle this growing issue. Although several anti-phishing approaches are already in use, such as the use of blacklists, visuals, heuristics, and other protective solutions, they cannot efficiently prevent imminent phishing attacks. In this paper, we propose machine learning models that use a limited number of features to classify COVID-19-related domain names as either malicious or legitimate. Our primary results show that a small set of carefully extracted lexical features, from domain names, can allow models to yield high scores; additionally, the number of subdomain levels as a feature can have a large influence on the predictions.

Do Social Networks of Listed Companies Help Companies Recover from Financial Crises?

This study aims to examine how the social networks of top management affect the recovery of their companies when facing a financial crisis. We mainly use the logit and Cox regression models to investigate whether social networks help overcome the financial distress and shorten the crisis duration. The empirical findings suggest that companies with characteristics of low degree centrality of the chairman’s bank networks and high closeness centrality of the general manager’s general networks and bank networks are more likely to overcome financial distress and get back to normal status. Furthermore, for companies with characteristics of low degree centrality of the chairman’s personal general networks, low closeness centrality of the financial executive’s personal general networks, and high degree centrality of the financial executive’s personal bank networks, it was easier to shorten the crisis duration. The practical implication is that companies need to prioritize quality over quantity in order to survive or shorten the crisis. All company top managers should not look only at the size of the company but consider how the social network is configured.

The Social Spaces of Music Traditions in Baghdad before and after Destruction

The Social Spaces of Music Traditions in Baghdad before and after Destruction

An assessment of cybersecurity awareness level among Northeastern University students in Nigeria

<p>The world economy today has adopted the internet as a medium of transactions, this has made many organizations use the internet for their daily activities. With this, there is an urgent need to have knowledge in cybersecurity and also how to defend critical assets. The objective of this paper is to identify the level of cybersecurity awareness of students in Northeastern Nigeria. A quantitative approach was used for data collection and cyberbully, personal information, internet banking, internet addiction, and Self-protection were the items ask for cybersecurity awareness level identification. Descriptive analysis was performed for initial result findings using SPSS and OriginPro for graphical design. the preliminary result shows of the students have some basic knowledge of cybersecurity in an item like internet banking, while other items like cyberbully, self-protection and, internet addiction result show moderate awareness, the students' participation based on gender, males constitute 77.1% i.e. (N=340) and females constitute 22.9% i.e. (N=101). Future research would concentrate on designing awareness programs that would increase the level of their awareness especially the students in the Northeastern part of Nigeria.</p>

Procena ekonomske održivosti mašine za mlevenje i prosejavanje Bambara oraha

A novel continuous process milling-sieving machine specially developed recently for processing Bambara nut to flour was assessed for economic viability in this study with multi-criteria cost-benefit analysis measures in order to advance its acceptance and commercialization. This involved determination and assessment of its payback period, accounting rate of return, net present value and benefit cost ratio using the prevailing economic indicators/market prices of materials in Abia State of Nigeria between January and December, 2020. The decision measures applied include that the payback period of this machine must be less than its expected useful life of ten years and its benefit cost ratio must be greater than one. In addition, the investment's rate of return must be greater than the upper limits of Nigerian banks' lending and fixed deposit interest rates in order to justify its possible funding from personal savings and bank credits. Results showed that this innovation is economically viable due to its payback period of 1.5years and benefit cost ratio of 1.69 are as desired. Also the 46.89% accounting rate of return of this machinery outweighed Nigerian banks maximum fixed deposits return of 17% and prime lending rate of 29%. Thus, adoption of this novel milling-sieving machine is recommended for Bambara flour production because of its positive economic potential.

Analiza e-bankinga u vremenu korone

Electronic banking presents a general term used to denote a process allowing legal and physical entities to perform personal and commercial banking transactions by using electronic and telecommunication networks. It covers various jobs such as assets transfers, current account statements, bill payments, the closest ATM locating, attaining the information about financial products and services, loan applications, and some other activities performed with the use of a computer, smartphone, or some other technical devices. The subject of this research study is the analysis of the e-banking usage during COVID-19 pandemics in the Republic of Serbia and Bosnia and Herzegovina. COVID-19 pandemics influenced a great number of transactions to be done online, i.e. by using digital payment options. Furthermore, it affected banks to develop extra benefits for their users, as well as, to promote current e-architecture referring to the possibilities of e-banking use.

An Overview of Women Participation in Cooperative Movement- A Case Study of Women Dairy Cooperative Societies of Punjab

The present study is conducted to have an overview of women participation in cooperative movement through Women Dairy Cooperative Societies (WDCS) in Gurdaspur, Hoshiarpur and Ludhiana districts of Punjab. For the study, response of 120 women WDCS members (40 members from each district) was taken and analysed. Data was collected with the help of structured questionnaire comprising of different type of questions regarding their participation and level of involvement in the societies. The result of the study reveals that women societies constitute only 19.67% of total societies in the three district and 21.57% at state federation level. Only 0.83% members had ever attended any training programme whereas 11.67% are unaware about it. The result shows that only 22.5% members attended the meetings held at the society level. It has been reported in the current study that members of Hoshiarpur district have no medicine and veterinary services provided by the union. In case of women socio-economic empowerment through decision making or control of finances at household level, the scenario is challenging. Only 33.3% have their personal bank accounts and 37.5% have freedom in expenditure. The results of the research suggest that though progressive steps are taken by the Milkfed, yet for optimum participation of women in cooperatives require more serious efforts through productive meetings and training programmes.

Generalized additive modeling of the credit risk of Korean personal bank loans

Generalized additive modeling of the credit risk of Korean personal bank loans

INTERNET OF THINGS SECURITY FRAMEWORK

It was unimaginable for a non-professional user that access data to personal e-mail, bank or identity accounts could be stolen via a mobile phone interface or connection, no more than twenty years ago. Nowadays, people with bad intentions – hacker – can use smart devices, such as: webcams, microwaves, refrigerators, door controllers, and others, generically we named it IoT[1], to access accounts like the ones mentioned above, without much effort. The Internet of Things is the place where devices are digitally interconnected, interacts with almost every domain. IoT development is closely correlated with growing of Internet. These issues have generated an unprecedented upward trend in Wi-Fi and IoT interconnecting networks. Cyber-security has gained new meanings because of the increasing number and scope of IoT devices. By developing these devices, especially among regular users, it is necessary to improve their security more than ever. How prepared are regular users and how can they protect themselves in the context of IoT penetration into their daily lives? it is a question that needs to be answered, in terms of the actions it can take immediately or in the long run.
 
 [1] IoT - Internet of Things

ANALISIS PELUANG, MODAL DAN PENDAPATAN PADA USAHA JUICE GAUL DI KOTA SERANG

The purpose of this study was to determine the opportunities, capital and income of the slang juice business in the city of Serang. This study aims to find out the opportunities that are used as a reference to get the idea of ​​opening juice slang, to get the first capital and develop a juice slang business in the city of Serang, the amount of daily and monthly income for slang juice, the number of juice slang outlets spread across the city and district. This research method uses qualitative research methods with data collection techniques using observation, interviews and documentation techniques. Then presented descriptively. The analysis used is a SWOT analysis to formulate a strategy based on logic that can maximize strengths and opportunities but simultaneously minimize weaknesses and threats. The results showed that based on the results of the SWOT strategy to develop a slang juice business, maintaining and improving product quality, maintaining selling prices, and creating product innovations, then the material capital collected came from personal savings, asset sales and bank loans. which increased significantly from 2016 to 2020

Analysis of Online Banking Risk Prevention Measures

The advancement of technology and economic development have promoted the rapid development of online banking in my country. Especially with the rise of online shopping, online banking has become an indispensable part of people’s daily lives. When people enjoy the efficient and convenient payment convenience of online banking, they are also at risk of network security. Banks should further update service systems, standardize internal personnel management, develop protection tools, and improve the security performance of online banking. Personal information should be protected and links and websites should be carefully opened when using personal online banking. Only when banks and users work together can the risk of using online banking is minimized.

The Impact of Brand Equity on Conversion Behavior in the Use of Personal Banking Services: Case Study of Commercial Banks in Vietnam

The brand equity of banks plays a crucial role in determining customer behavior of using their services. The study aims to examine the impact of brand equity on conversion behavior in the use of personal banking services at commercial banks in Vietnam. The paper uses quantitative research methods, through linear SEM (Structural Equation Modelling) analysis, with survey data including 554 samples of individual customers of commercial banks. The study’s findings show that the bank’s brand equity has a negative impact on the behavior of individual customers. In the relationship between these two factors, competitive advertising effectiveness and loyalty of customers act as intermediary factors. On that basis, the study makes a number of recommendations to preclude customers leaving and minimize business losses caused by the conversion of customers’ banks. The findings of this study have shown the importance and impact of brand equity on conversion behavior in the use of personal customer services. These are meaningful contributions both theoretically and practically to help banks get a deeper insight into brand equity and the need to pay attention to building and developing sustainable brand equity for the bank, as well as an important basis for further research.