BANK OF AMERICA TECHNOLOGY (ATM, ONLINE BANKING, ALL TECHNOLOGY Essay

BANK OF AMERICA TECHNOLOGY (ATM, ONLINE BANKING, ALL TECHNOLOGY ASPECTS) - Essay Example (Frguson, 2000).Many banks are now spending huge amounts of money in technology .This money is being spent not only to update and maintain their IT infrastructure but also to keep ahead of the competition by being the first to provide the latest technologies. Some of the technologies provide ease and convenience to the customers and others help the banks to reduce their overheads and thus save money which was usually spent on physical infrastructure. Technology is also allowing small banks to compete with big established banks as they rely more on their virtual infrastructure than on their physical infrastructure to compete. IT has provided many custom made and off the shelf solutions to take care of their accounting and back office needs. IT has also helped in the development of new channels of reaching out to the customer such as auto teller machines, net banking, mobile banking and various other facilities. Some examples of technology products which are used by banks to provide se rvice to its customers are net banking , credit card online , mobile banking , electronic money transfer , online payment of taxes , mobile recharges , airline ticket booking etc. The list of services being provided by banks to its online customers is endless. Bank of America Corporation as a financial services company is the largest bank holding company in USA by assets and second largest by market capitalization. (Federal Financial Institutions Examination Council, 2009).It was founded in 1874 and was initially known as Nations bank .Its current name was assumed after the acquisition of a San-Francisco bank named as Bank of America. The need of information technology in Bank of America was felt due to another revolution that it has pioneered. It was one of the first banks to deploy branch offices of the parent bank in many locations all across the nation. But cashing a cheuque in a different location was a cumbersome process for the customers

Contraception Essay Example | Topics and Well Written Essays - 250 words - 1

Contraception - Essay Example Religion and culture plays an important role in following strict parameters for entering into the relationship. Unplanned pregnancy do not have a bright fate and may culminate into abortion which has serious repercussions at the later stages of life. Adopting contraceptive means at the early stages of life is also against the ethics and nature as it disconnects sex from reproduction and bring serious health implications. Mass population control is a kind of sterilization and it may lead to dishonest behavior, as the partners seek sexual relationship elsewhere. Therefore advocates against the contraception finds it equivalent to abortion. On the other hand contraception provides the liberty to the women to control her own body and keep the population low. It keeps the family small and also prevents the unwanted pregnancies. Contraception aids in better facilities for all the family members, they can devote quality time with each other and thereby contribute to the progress and development of the children. This prevents competition for food and space. It is the best means to control the population as every human beings must bear ethics towards the planet and mother Earth, by giving birth to too many children the health of the female becomes a serious matter of great concern. Less children in the family lessens the financial burden and also the burden on the earning members to the family and parents could afford for better education and better life and facilities to their wards. It is the means which must gain ethical consideration as it is for the cognitive development of the family, the smallest unit of the society and hence of the society and the nation. It is a means that brings gender equality and aids in demographic advantage. It is a means that brings us close to the nature and prevent environmental hazards. Thus contraception must be promoted by the government of all the nations to save the environment form burden which