Christianity vs. Mythology Essay

For many centuries, ancient Greek mythology has played an instrumental role in the development and foundation of all societies. The ancient myths formed through Greek Mythology has given meaning to the world people saw around them and helped answer perplexing questions such as, â€Å"Who made the world? How will it end? Who was the first man? Where do souls go after death?†. In fact, Greek mythology has provided meaning to people and the world around them in the same way Christianity and Judaism does. Greek mythology can relate to Christianity and Judaism such that they all were based off oral tradition, they have helped mankind develop a community that shares a common world view through moral way of life, and they all respond to our quest for wonder, the mystical and the unknown. Nonetheless, it is necessary to try and understand that both Ancient Greeks and Ancient Christians may have held similar beliefs about the world they were living in. In ancient Mythology, although there were no written texts that presented the several myths and stories such as the Christian Bible or the Hebrew Torah, the earliest Greek myths were part of an oral tradition. Ancient Greek myths, in their unknown beginnings, are believed to have been formed and passed on by oral tradition, meaning the myths originated from story-telling. The spread of Greek myths can relate to the early spread of Christianity and Judaism in the respect that the stories in the Bible and the Torah were stories about the sayings and acts of Jesus as told by story tellers long before they were ever recorded into a written text. Greek mythology, Christianity and Judaism are also similar such that they all teach a moral way of life and help mankind share a common world view. Almost all ancient Greek myths were constructed to teach some sort of lesson or moral, for example, in the story of Arachne. In the story, Arachne expressed extreme pride in her weaving skills; in Ancient Greece, having too much pride was considered a very unfavorable quality to acquire. Arachne believed her weaving abilities were far more superior than that of Athena’s, the goddess of weaving, so she challenged her to a weaving contest. In the end, Arachne’s skills did not even compare to Athena’s and Athena turned her into a spider. The story teaches that excessive pride and having a big ego is not considered acceptable if one wants to like a purely moral life. Like Greek mythology, Judaism and Christianity also strive to teach mankind how to live a fulfilling, moral life through the Ten Commandments. The Ten Commandments in Judaism and Christianity are a set of laws that God gave to the people of Israel that represent the main moral code of behavior every person should try to follow in order to live a spiritually pure and moral life. Finally, Greek mythology, Christianity and Judaism are similar because they all attempt to answer our perplexing questions and wonders about the world we live in. For instance, one similarity lies with the stories of creation; The story of Pandora’s Box in Greek mythology and the Book of Genesis in Judaism and Christianity. In the story of Pandora’s Box, Pandora was the first woman created and she was given a box by the Gods that she was told to never open. In the end, her curiosity overcame her, she opened the box and out came all the evils of the world. The story in the Book of Genesis is very similar- God created Adam and Eve and commanded them not to eat the fruit from the forbidden tree. Eventually, a serpent appeared to Eve and convinced her to eat the forbidden fruit. She persuaded her partner, Adam, to eat the fruit also and as a result, sin engulfed the world. The ancient Greeks and early Christians tried to find an explanation for the evil in the world, and both blame a woman for mankind’s downfall.

A World Lit Only by Fire: the Medieval Mind and the Renaissance

In the first section of William Manchester’s A World Lit Only By Fire, we are taken into a world that is vastly different from our own, and we see a kind of attitude which is rarely seen today. Manchester stresses the fact that the peasants in the Dark Ages had no knowledge of what was happening in the rest of the world. In our age of twenty-four-hour news networks and instantaneous access to information from across the globe through the internet, it is hard to fathom that if we were still living in the Dark Ages most of us would be completely oblivious to the activities of the rest of the world outside of our small village.Manchester also points out that the common people in the Dark Ages had no conception of time. Most would not have known what century it was, let alone the specific date. For most peasants, time passed in a cycle of seasons, and they only needed to know the days of the week in order to know when it was the Sabbath. This is in stark contrast to the life of a modern man. We can know time down to the second. And we need to know time with greater precision. While the peasants of the Dark Ages needed only to recognize the passing of the seasons and when the Sabbath was, modern man often needs to know the time of day precisely.We are constantly on a schedule. School and work starts at a certain time, and we must be there on time. Another fascinating difference which Manchester points out is the fact that most of the peasants did not have surnames and were either referred to by their first name alone, or by a nickname. I found this very strange. Manchester does a good job of showing the differences between the modern mind and the medieval mind. Being aware of these differences allows the reader to appreciate the huge impact that the Renaissance had on Europe.Now in the next section of A World Lit Only by Fire, entitled â€Å"The Shattering,† Manchester shows us several events that â€Å"shattered† beliefs during the Renaissance. Most of these had something to do with the Church at the time because religion was one of the most important parts of Medieval and Renaissance life. The first event that shattered beliefs and changed life did not immediately cause a revolution but had a long-lasting impact on the future of Christianity. That event was the dissemination of the works of Erasmus.With his constant criticism of the Church and his calls for papal reform, he proved that one could criticize the church without being a radical revolutionary, for Erasmus was a devout Catholic. Before Erasmus, few had dared to criticize the Roman Church and those who did were not taken seriously. However, with his satires, Erasmus appealed to all classes of people and gave the people the encouragement to call for reform and criticize the Church. This may have influenced Martin Luther, even though he disliked Erasmus’ work, to nail his 95 Theses to the Castle Church door at Wittenberg.The fact that Erasmus was widely pop ular also contributed to the change in the thinking that anyone who criticized the church would be damned to hell. Even though Erasmus didn’t do anything as revolutionary as Martin Luther, his brilliant satires were able to change the mindset of Europeans and may have enabled, against his own wishes, the Protestant Reformation. The next event discussed by Manchester is the Reformation itself. Sparked by Martin Luther’s outrage at the sale of indulgences, this is the event that split Christianity in half.Those loyal to the existing Christian Church headed by the Pope became known as Roman Catholics, and those who were not loyal to that Church formed different Protestant Churches. Before the Reformation there was one authoritative representative of the word of God; i. e. , the Pope. Most Christian literature was in Latin, but since Latin was essentially a dead language, most people could not read or understand it, and this helped the Church maintain control of Christians of the age. Within this system, freedom of religious thought was extremely limited.Saying anything that contradicted the pope could get you labeled as a heretic and sentenced to jail, or even death. After the Reformation, several different Churches formed and as they formed, they warred with each other. The pope was no longer the supreme head of Christianity as he had been before the Reformation. Bibles where published in living languages. All kinds of opinions were published in pamphlets. One undesirable consequence of the Reformation was the different sects fighting with each other.Each different sect believed it represented the one true religion. Fighting between sects became common. Fighting between Catholics and Protestants was rife. Protestants burned Roman Catholic churches, smashing mosaics and statues, and even killing innocent women and clergy. The Roman Church started its notorious Inquisition, which was especially violent in Spain. Before the Reformation there was only one Christian Church so religious violence in Europe was rare, but after the Reformation religious violence and persecution became commonplace.The Reformation was a major turning point in the history of Christianity. Without it, America today would be a different country, since many settlers in early America came to escape religious persecution. Manchester’s section on the Reformation is therefore perhaps the most important section in the book. In the last section of A World Lit Only by Fire, entitled â€Å"One Man Alone,† Manchester writes about Ferdinand Magellan and his circumnavigation of the globe.In this section, Manchester takes time to go into extremely fine detail about Magellan’s voyage in order to explain what type of man Magellan was, and, more importantly, to show how big the odds were against his actually finishing his voyage. Manchester seems to idolize Magellan, in part because Magellan wasn’t seeking fame or wealth, but instead simply had a dream and was determined to make it a reality, something that I think most people can respect.

What is a Monster? Are We Monsters? Are Humans Monsters?

When we become envious of our friend's belongings, vengeful toward those who hate, or selfish when we have plenty. Monsters strike fear within our hearts because they are giant, monstrous, ugly and uncontrollable beings. Humans strike fear in their peers because of their vengeance, race or politics. In Beowulf, readers are exposed to these monsters who are uncontrollable through the ways that they fight each other. By analyzing Beowulf, the concept of monstrosity is parallel to some flaws of humanity. Although Beowulf is seen a deviant God-sent savior by the people of Heorot and Hrothgar, he is not exempt from the equivalence of humanistic flaws in the natural world. Through the use of many parallels between the characters of Beowulf representing monsters and the natural world humans, the reader is left questioning what it is to be a hero and what it is to be a monster. The story uses symbolism such as supernaturalism as the model to create specific roles for the characters in Beowulf that parallel humans. In this paper, I will discuss the ways in which Grendel, Grendel's Mother and Beowulf are parallel to humans in the natural world by looking at the ways in which monsters and humans are similar. The epic poem, Beowulf, describes each of the monsters to be supernatural except Grendel and his mother who are understood to not be supernatural. He is one of three monsters in the story that is ornamented with monstrous traits such as â€Å"heathen talons, terrible spikes† (Beowulf 987). Although he is described with these monstrous features, it is humanistic and emotional instinct that propel his actions. For example, in the beginning of the story, Grendel is angered by the joyous celebration of the men of Heorot (Danes), crawls out of his underground swamp and creates a deathly disturbance. This ambiguous monstrosity gives mixed views of the role of humans and monsters, allowing for overlapping representations. He lives underground with his mother that is recognized by readers as the unnatural world-living in swamps and darkness. The grumpy Grendel attacks the Hall because it â€Å"harrowed him to hear the joyful din loud in the hall† (87-105). He is envious of Hrothgar and his people because they live in civilization-unlike Grendel-who lives in isolation. Words like â€Å"harrowing,† â€Å"misery† (105), â€Å"unholy creature,† and â€Å"ravenous† (120-121) are all used in the beginning of the story which alludes readers that Grendel is monstrous and envious of the Danes. The human characteristic Grendel is portraying in the story is envy. He wants to fit in with the Danes but since he is a Cain (who kills kin) he is unable to. His physical form confuses readers in terms of categorizing him as man or beast. He has many animal attributes, a grotesque and monstrous appearance such as â€Å"beast† (425), â€Å"heathen talons† and â€Å"terrible spikes† (985), but his actions and emotions prove otherwise. When Grendel is gravely injured from the battle with Beowulf at the Hall, he is doomed to die in his underground home. When Beowulf describes the win over Grendel, he states, â€Å"death is not an easy thing to escape-try it who will-but compelled necessity all must come to that place set aside for soul-bearers, children of men, dwellers on earth†¦Ã¢â‚¬  (1012). This further blurs the line between natural world humans and monsters because of the vernacular Beowulf chooses, â€Å"earth dwellers†, â€Å"children of men†. These words with specific intent towards Grendel, can overlap with descriptions of death towards humans in the natural world that death is hard to escape. Grendel's mother in the story is relatable to every mother in the natural world. Her intent to avenge her son's death (Grendel) to kill Beowulf is a very similar instinct mothers have in the natural world humans feel remorse for the loss of their loved ones. She symbolizes the natural quality of revenge. Grendel's mother comes into play and described as, â€Å"a woman's warfare, is less than an armed man's when a bloodstained blade, its edges strong, hammer-forged sword, slices through the boar-image on a helmet opposite† (1283). The line, â€Å"a woman's warfare, is than an armed man† to describe Grendel's mother as weak is a direct parallel to mothers in the natural world. In today's world, people assume that women are weak and less harmful than a man. In the story, the men in the hall are not afraid of her because she is a woman. Even though she is a mother, a female, to a â€Å"weak†, â€Å"emotional† monster (Grendel), she can still be violent and dangerous to others. This parallels mothers in the natural world. They can be terrifying when you make them mad. Grendel's mother is also ornamented with monstrous descriptions, â€Å"her hostile claws, that she-wolf of the sea swam to the bottom† (1505). This puzzles the reader when trying to categorize Grendel's mother as (wo)man or â€Å"beast†. Along with Grendel's monstrosity and his mothers', Beowulf's humanity is called into question. His call for attacking and killing Grendel is only for the fame he receives from the men of Heorot, â€Å"he trusted his strength, the might of his handgrip-as a man should do if by his warfare he thinks to win long-lasting praise: he cares nothing for his life† (1535). In this scene, the reader sees how he possess supernatural qualities of abnormal strength. This is the epitome of so many men in the natural world. Men are greedy for praise to impress a woman they like. The description of Beowulf here can again confuse the reader as to what to categorize him as, man or â€Å"beast†. Men try to be heroic when a tragedy happens most of the time to gain praise from the public. This is what Beowulf does in the story, to be the hero by stopping the attack on Heorot by Grendel. Beowulf is the example of the â€Å"tragic hero† in the story. He comes from being known as nothing but an ugly strong monster to a praised monster who killed the bad guy. He has many animal attributes and a monstrous appearance, but he seems to be guided by vague human emotions and impulses. For example, the impulse to kill Grendel for glory and fame is a remorseful killing act, Beowulf uses it as adrenaline to keep killing and attacking the â€Å"beasts† who harm Heorot. These different monstrous personalities are seen in the natural human world which need to be addressed today when reading and exploring one's own life. Humans are monsters too. Grendel is portrayed as the man who takes the bus to work every day and is envious of happiness in people's life-maybe someone with depression. Grendel's mother is portrayed as everyone's mother who wants revenge for a loved one's death and Beowulf is the greedy white American who wants to be praised for saving blacks in a burning house. Each of these portrayals in the human world is scary to see and understand. But it is all real. Concepts of monstrosity, heroism, and supernaturalism in Beowulf are complex due to the parallelisms between humanity and the monsters in the story. It is easy for readers to neglect the looming allusions on humanity that Beowulf offers through its use of subtle comparison. The ambiguity of â€Å"monster† and â€Å"hero† are intermixed in both the story and world of common man. Beowulf reminds readers to question the flaws and norms in humanity and its longing labels. We must yearn to understand human motivation before asking and claiming self-righteous glory. The difference between Grendel's mother and Beowulf is that his mother was avenging the death of her son and Beowulf kills for glory and fame. Humans are monsters.

Peter Berger's heretical imperative Essay Example | Topics and Well Written Essays - 1000 words - 1

Peter Berger's heretical imperative - Essay Example According to Berger, pluralism is â€Å"a situation in which there is competition in the institutional ordering of comprehensive meanings of everyday life† (Oldmeadow, 2010, p.33). Because of uncertainty, there are unsteady, inconsistent and erratic plausibility structures, particularly those of religion. Berger argues that religion becomes a matter of choice, which he best refers to as a â€Å"heretical imperative† (heresy). According to Peter Berger, there are three contemporary responses to the crisis that modernity thrusts religion into, which include deduction, reduction as well as induction. Berger denounces deduction, which entails the reaffirmation of influence of a sacred ritual against secular authority (Esposito, Fasching & Lewis, 2011). He also rejects reductionism, which reinterprets a sacred ritual on the basis of secular authority. In rejecting the two responses, Berger supports the third approach, which is induction. His belief is that the crisis facing religion is a product of the sterile antithesis of neo-orthodoxy and secularism (Woodhead Heelas & Martin, 2001). He believes that by shunning both deductive and reductive approaches and adopting inductive approach, the crisis can be triumphed. In The Sacred Canopy: elements of a sociological theory of religion, Berger explore the relationship between human religion and world-building. The society is presented as dialectic because it is considered as a human invention. Society is produced by man. Also, man is also portrayed as a product of the society. Society precedes human life and also succeeds it. That is, society existed before human birth and will persist after his death. Man cannot exist without society and without man, society cannot exist. This exhibits the dialectic nature of the society. Berger argues that pluralism undermines stable belief (Berger, 1979). Pluralism is the cause of secularisation. According to Berger, the basic dialectic process

Underlying depression in orthopedic patients Essay

Underlying depression in orthopedic patients - Essay Example Depression in orthopaedic patient are overlooked and seldom treated because of the misconception that it will eventually recovered by the patient itself.Depression occurs not only in adult orthopaedic patients but with children as well. The purpose of this paper is to identify the role of nurses, doctors, and other healthcare providers in the orthopedic department with regard to how we identify depression, and what needs to be done to thoroughly recognize these cases and initiate the appropriate treatment. Identifying such issues is important because it is vital both to their recovery and to the healthcare provider. How do we effectively detect depression during the assessment and carry out proper intervention in treating their depression as well as their medical illness. As part of the patient safety goal campaign of Hoag Hospital, should we change how we systematically assess our patients at the bedside and routinely screen for depression and / or suicide These are the problems that we consider because of the severity of the case that it may lead if the depression in an orthopeadic patient will be taken for granted.There are researches and study that elderly recovering from an orthopaedic surgery is normal to experience depression. According to some doctors, some depressions are caused by some of the medicines they are taking; some are the non acceptance of their situation mostly in amputated legs or arms. According to Baker and Ashbourne of Children's Mental Health Ontario (2002) on e is considered to be depressed if they have the following symptoms: depressed appearance, anxiety, irritability and frustration, lack of interest, lack of cooperation, change in appetite and sleep patterns, weight loss and gain, loss of energy, withdrawal from family and friends and others. Patients are not aware that they are having the said depression resulting in the misconception of the doctors and medical staff that the patient is recovering. The physicians and other medical staff overlooked the fact that depression may originate from the lack of communication with the patient. Doctors and nurses are ignoring the fact that orthopaedic patient may have depression during recovery. Involved medical staff should be aware of the signs and symptoms of depression in order to prevent the further development of it. The older orthopaedic patient with depression usually experience severe pain thus prolonging their rehabilitation. There are also some factors from the situation of the orth opaedic patient that may cause their depression. Since surgery is usually costly they may have financial problems causing the patient to severe depression. The patient may tend to isolate themselves from others causing a great sadness that leads to depression. There are some cases wherein patient would have any complications such as diabetics causing the patient to feel helpless. These are the common factors that causing the orthopaedic patient to feel depressed. Solution Generation The first thing to do in treating depression in an orhtopedic patient, is understanding what is depression Herbalmedicine.com (2007) defined depression as a mood disorder that is often triggered by a chemical imbalance or stressful situations. People suffering from depression experience ongoing sadness, low energy, irritability and general disinterest in daily activities. Depression is a medical condition and should not be considered a personality flaw or weakness of character. It is best to determined first if the patient is having the said condition before admission in the rehabilitation ward. As the physician you must be aware of the possibilities that your patient might have this condition because of the signs and systems that is present in the patient's attitude. Usually depression is associated with

Week 5 question 10 Assignment Example | Topics and Well Written Essays - 250 words - 1

Week 5 question 10 - Assignment Example Diversity is of great importance in helping an organization to exercise the most appropriate practices especially in the changing structure of the workplace where women are becoming engaged in a similar way as men. Here, diversity would ensure that racial prejudices are not allowed and that any form of unfair discrimination is avoided and equality emphasized. This improves job satisfaction and the overall organization’s performance. Since the modern business environment is becoming more competitive, organizations are required to change and to embrace flexibility so as to remain competitive in their consecutive business sectors. Some of the most common forces that prompt an organization to change include technology, economic shocks, competition, world politics, and even social trends. However, some organizations encounter problems while attempting to change. This is mostly due to personal reasons such as habit, security, fear of the unknown, and economic factors and organizatio nal reasons that include structural inertia, group inertia, and threats to expertise. To deal with resistance to change, change agents can apply certain strategies that include education, communication, participation, development of positive relationships, coercion, and building support as well as commitment. Change helps an organization in not only remaining competitive but also in surviving in a highly competitive business

Show how new product would be introduced into the market today Essay

Show how new product would be introduced into the market today - Essay Example Motives is a cosmetic company that controls a huge proportion of lipstick and mascara production in the American market. In this case, the product life cycle of the La La Mineral lipstick will be used as an illustration. Motivescosmetic has to highlight its key objectives and targets in the cosmetic industry. The new product has to be in line with the already established corporate strategies. This will require the company to come up with a precise and an all round mission statement. Since there is so much uncertainty in the market, this step will act like a guide to plunge into the market and face the future courageously. It is good to find out the potential customers. In this case, the lipstick that makes mouth fuller is will soot the female customers and those in the beauty industry. The company has to identify the expected perceptions in terms of value, quality and efficiency so that they can respond to inquiries. This kind of understanding prepares Motivescosmetic to position the lipstick product in the already congested market. In another perspective, the company has to make an analysis about its target market by grouping them into industries and geographical location among others. Having a great product does not guarantee success. Motivescosmetic has to conduct a keen analysis about the potential competitors and how they operate. This will include understanding how they carry out their positioning, handle their distribution channels and come up with pricing strategies. In addition, the company has to take a keen look at how customers respond to the competitors’ style of marketing. Positioning entails the ability to understand the uniqueness in the product and how it will stand out from the already existing products. It requires going beyond the normal anticipations and critically analyzing the perceptions likely

Neurology Clerkship eBook - Introduction Thesis Example | Topics and Well Written Essays - 750 words

Neurology Clerkship eBook - Introduction - Thesis Example 2. The â€Å"best† instruction for the eBook should be efficient in a way that it demands less time from the learners to allow for achievement of the goals; effective in a way that it facilitates acquisition of identified skill and knowledge by a learner; and appealing in such a way that it interests and motivates the learner, thus promoting participation in the learning task(McGrane & Lofthouse, 2012). 4. The evaluation of the instructional eBook should include evaluation of its instructional effectiveness among the Neurology clerkships and evaluation of the performance of the learners.(McGrane & Lofthouse, 2012) Information concerning evaluation of the instruction is enough for guiding revision of the instruction with the view to making it appealing, efficient, and effective. The process of determining instructional materials’ effectiveness through randomized large-scale experiments is uncommon due to its high expenses and increased time requirements. Various smaller studies have been carried out in the view of examining how effective it is to introduce new packages of instructional approaches in comparison to the existing ill-defined instructional approaches. Most of these studies offer useful information concerning exploitation of alternative instructional methods such as the development of an instructional e-Book for Neurology Clerkship among Medicine students.However, there are various limitations. One of the limitations of this study is the failure of evaluating most of the instructional approaches, especially among studies that offer useful information to practitioners and policymakers (Andrews, 2013). This is a problem that worsens with the exploitation of web-based open-source instructional materials such as the instructional eBooks. Another important issue is the constant nature of the studies even as they remain outdated and unable to suit the constantly updated instructional approaches. As such,

Using concrete examples compare and contrast hearing and listening Essay

Using concrete examples compare and contrast hearing and listening - Essay Example ps; like when one tries to recall any past event and he is able to remember hearing one or two things unconsciously and these tits and bits of information do come handy in many ways. However, active listening is vital and is explicitly significant for learning and progressing in academic, professional or personal life. Like, if one sits in a Professional Development Sessions and he does not pay conscious attention towards the taught concepts, he will suffer from developing skills and will be stuck in a challenging situation due to lack of strategic solutions. However, if a person actively listens in such session and remembers even one of the taught strategies, he will be able to integrate it easily in his day to day working and will definitely benefit from the learnt concept. Lets! Suppose, if an enthusiast Father is preaching God’s magnificence in his Sermon, he will quote direct biblical verses to prove his point to the Listeners. And he can only quote them aptly if he integrates them with day to day occurrences or issues of the listeners (which he hears during confessions). Similarly, if he is not attentive in confessions box, he will not be able to speak effectively with his audience, as he will not be aware of their core problems or pressing issues. Likewise, if his audience is only hearing and they have diverse nature (content oriented, time oriented or passive listeners) they will not benefit or acquire any information from his sermon and their faith will decline eventually. Active listeners tend to comprehend the received information in diverse ways. Simultaneously, hearing is a natural act of receiving sounds from the environment. Like the traffic noise, wind blowing, honking horns, animal cries, people talking in crowded subways, one can hear them; but does not focus on them consciously or unconsciously. And if he does concentrate on any of them like consciously hearing the chirping of the birds then the act becomes listening instead of hearing. For

Managerial Finance Essay Example | Topics and Well Written Essays - 1500 words - 1

Managerial Finance - Essay Example Any effort that could increase profits above the hurdle will be ignored since the manager after meeting such pre-set goals will relax. Again, setting hurdles will also work against the regional executives since different policies affect investments differently according to the given country. Each country has a different inflationary level, lending rate, political stability and other cultures which together or singly affects investments. Setting a uniform hurdle rate is being unfair to countries with unfavourable investment policies. 2 Investing in Lower risk projects will normally be a favourite of the lower division managers since chances of them losing out on the investment is limited. This however, will always come with unfavourably low or unattractive incomes. While this might appear favourable to the managers, it may turn out to be a dislike of the shareholders. Shareholders would want to maximize profits without regards to risks involved, while the managers are more concerned about the risks involved in each venture. Risk is may be defined as the standard difference of return on an investment or portfolio of assets. It is measured using different methods including Value at risk. It helps business men to get prepared for the potentially turbulent market and is quoted in terms of percentage and fixed time horizon (Kwon Joon Chang, 2008). If a 77% one day of value at risk, and the security of 6%. This means that the estimate for the example is that in the next one day, there is 77% chance that the security will not lose more than 6% of its value. The equation may be written as: VaRÃŽ ± = inf{x Ï µ R: P (L > x) ≠¤ 1 – ÃŽ ±} It does not take into account the downside potential in case the portfolio encounters the one percent chance that it exceeds the loss threshold. In other words, once the losses exceed the threshold,

John Updike`s A&P Essay Example for Free

John Updike`s AP Essay â€Å"A P† is first-person narrative revealing the delusively ordinary story related by the checkout boy in the grocery store named in the title. In â€Å"A P† the first-person narrator is defined largely by his tone and vocabulary. Updike molds his protagonist through the use of specific writing style, thus Sammy is casual and colloquial. The customers in his grocery are referred to as â€Å"the sheep† the commonness of which has been one day disturbed by the appearance of a sexually uninhibited, young ladies in bathing suits. Surveying the three girls as they wander the aisles, Sammy describes the girls, and here Updike’s style is prolifically intoxicated with the description of the girls with the flights of slang language, trying to show why these teenagers deserve the sacrifice: chunky with â€Å"a sweet broad soft-looking can†, breasts, on the other hand, become â€Å"two smooth scoops of vanilla†, the shoulder bones become â€Å"dented sheet of metal tilted in the light†. Besides, Sammy’s narration is lard with the discourse markers that make his flow of narration softer and folksy: â€Å"kind of jerk†; â€Å"she kind of led them†; â€Å"she had sort of oaky hair† The colloquial style is expressed not only in the vocabulary of the protagonist but in the violated sentence structures. Updikes uniqueness lies in his process of detachment. Coming in adjective or adverb modifiers rather than main sentence elements, the ironic posture emerges without affecting plot: â€Å"and a tall one, with black hair that hadnt quite frizzed right, and one of these sunburns right across under the eyes, and a chin that was too longyou know, the kind of girl other girls think is very â€Å"striking† and â€Å"attractive† but never quite makes it, as they very well know, which is why they like her so much† Not rare are also broken structures like: â€Å"She had on a kind of dirty-pinkbeige maybe, I dont knowbathing suit†, or â€Å"The sheep pushing their carts down the aislethe girls were walking against the usual traffic (not that we have one-way signs or anything)were pretty hilarious. † The story is presented through the present-tense narration. Such choice of grammar technique imparts narration the sense of immediacy, makes it a chronicle of one event, so that reader feels as if he himself is a witness of that event. â€Å"IN WALKS these three girls in nothing but bathing suits†, â€Å"The girls, and whod blame them, are in a hurry to get out, †, â€Å"Lengel sighs and begins to look very patient and old and gray. † Updikes striking adjectives appear often: â€Å"kind of dirty-pinkbeige maybe†, â€Å"chubby berry-face†, â€Å"long white prima-donna legs†, â€Å"the cat-and-dog-food-breakfastcereal-macaroni-rice-raisins-seasonings-spreadsspaghetti-soft-drinks-crackers-and-cookies aisle†; Their intrusiveness increases and besides literary irony, they produce an ambiguity of intent or author’s attitude (hence diction) in his story, which is matched somewhat by unexpected metaphors or visual comparisons, like â€Å"two smoothest scoops of vanilla†, â€Å"outside the sunshine is skating around on the asphalt outside the sunshine is skating around on the asphalt†, â€Å"his back [was] stiff, as if hed just had an injection of iron†. All of these figures, although appropriate functionally to the text, often call attention to themselves and piece out Updike’s style. Updike, John (1962) Pigeon Feathers, and Other Stories. New York: Alfred A. Knopf.

MidTerm Study Guide Essay Example for Free

MidTerm Study Guide Essay The Midterm Exam is open book, open notes. The maximum time you can spend in the exam is 3 hours. If you have not clicked the Submit For Grade button by then, you will be automatically exited from the exam. In the Midterm Exam environment, the Windows clipboard is disabled, so you will not be able to copy exam questions or answers to or from other applications. 2. You should click the Save Answers button in the exam frequently. This helps prevent connection timeouts that might occur with certain Internet Service Providers, and also minimizes lost answers in the event of connection problems. If your Internet connection does break, when you reconnect, you will normally be able to get back into your Midterm Exam without any trouble. Remember, though, that the exam timer continues to run while students are disconnected, so students should try to re-login as quickly as possible. The Help Desk cannot grant any student additional time on the exam. 3. See the Syllabus Due Dates for Assignments Exams for due date information. 4. Reminders You will only be able to enter your online Midterm Exam one time. Click the Save Answers button often. If you lose your Internet connection during your Midterm Exam, logon again and try to access it. If you are unable to enter the Midterm Exam, first contact the Help Desk and then your instructor. You will always be able to see the time remaining in the Midterm Exam at the top right of the page. 5. Assessments with Multiple Pages Make sure you click the Save Answers button before advancing to the next page (we also suggest clicking on Save Answers while you are working). Complete all of the pages before submitting your Midterm Exam for instructor review. Do NOT use your browsers Back and Forward buttons during the Midterm Exam. Please use the provided links for navigation. 6. Submitting Your Midterm Exam When you are finished with the Midterm Exam, click on the Submit for Grade button. Please note: Once you click the Submit for Grade button, you will NOT be able to edit or change any of your answers. 7. Exam Questions There are 10 randomly selected multiple choice questions each worth 5 points for a total of 50 points. The Midterm Exam covers TCOs 1-4, 8, 11, and 12 and Weeks 1–5. The Midterm Exam contains two pages, which can be completed in any order. You may go back and forth between the pages. The Midterm Exam questions are pooled. This means that not everyone will have the same questions. Even if you do have some of the same questions, they may not be in the same order. These questions are distributed amongst the TCOs. The entire exam is worth 200 points. On the essay questions, your answers should be succinct, should fully address each part of the question, and should demonstrate your knowledge and understanding in a concise but complete answer. Most essay questions require answers that are a couple of paragraphs (not a couple of sentences) that directly speak to each part of the question. Some students opt to work on the essay questions first, due to their higher point value and the length of time needed to adequately address each question, but this is entirely your choice. Remember to always use proper citation when quoting other sources. This means that ANY borrowed material (even a short phrase) should be placed in quotation marks with the source (URL, author/date/page #) immediately following the end of the passage (the end quote). Changing a few words in a passage does NOT constitute putting it in your own words and proper citation is still required. Borrowed material should NOT dominate a student’s work, but should only be used sparingly to support your own thoughts, ideas, and examples. Heavy usage of borrowed material (even if properly cited) can jeopardize the points for that question. Uncited material can jeopardize a passing grade on the exam. As a part of our commitment to academic integrity, your work may be submitted to turnitin. An online plagiarism checking service. Please be VERY mindful of proper citation. 8. Some of the key study areas are below. Although these are key areas, remember that the exam is comprehensive for all of the assigned course content and that this study guide may not be all inclusive. TCO 1 Definitions of Technology and Science, the Three Technological Revolutions, Technological Systems, Week 1 Lecture, Week 1 Readings TCO 2 – Technology and Historical Change, the Industrial Revolution, Technologies in Different Cultural Contexts, Week 2 Lecture, Week 2 Readings TCO 3 – Technology and the Arts, Digital Technologies, Collaborative Technologies, Week 4 Lecture, Week 4 Reading TCO 4 – The Cultural Impact of Technologies (Computers, Cell Phones), Technologies as Artifacts and Ideas, the Social Shaping of Technology, Week 3 Lecture, Week 3 Readings TCO 8 The Industrial Revolution and the Steam Engine, Determinism and Its Critics, Week 2 Lecture, Week 2 Readings TCO 11 – Research Methods, Research Sources, Week 1 Tutorial TCO 12 Potential Impact of Emerging Technologies (GMOs, nanotechnology, robotics), Week 3 Lecture, Week 3 Readings 9. The readings from the first four weeks are emphasized in this exam. Please make sure that these are read and that you participate in the discussion of these readings. Areas that were discussed in the threads will be prime targets. 10. Assignments will also be prime targets for revi siting. 11. Reviewing the TCOs, which I have listed below for your convenience, will also be a great preparation for the Midterm Exam. 1 Given one or more examples of major technology development projects based on scientific theory, such as controlled heavier-than-air flight or the Manhattan Project or cloning, develop a definition of technology that includes a clarification of its relationship to science. 2 Given a historical turning point, such as the fall of the Roman Empire, the Crusades, the Protestant Reformation, the growth of cities, or the collapse of the Soviet Union, establish the role of technology in triggering the event and shaping its outcomes. Given an account of a stylistic trend in an art such as painting, music, literature, theater, or film, determine what technologies were involved and how they affected the evolution of the respective art. 4 Given examples of the widespread adoption of a technology that changes the culture of a society (e. g. , cars, computers, cell phones, etc. ), analyze the technology and the patterns of its adoption to identify the sources of the technologys influence. 8 Given a consequential technological invention, such as the printing press, the telephone, the automobile, the microchip, or the Internet, assess the cultural, economic, or social changes brought about by the invention. Given a process for defining and limiting a topic, participate in a research project as a member of a student team that investigates, formulates, and presents its analysis of (a) an issue associated with a technology, (b) the characteristics of the technologys development, (c) its present and likely future impact, and (d) the ethical or moral issues arising from the development or implementation of that technology. 12 Given an emerging technology, evaluate its future prospects by identifying the cultural and social factors that may prevent or promote its successful application. Finally, if you have any questions for me, please post them to our Q ; A Forum or e-mail me. Good luck on the exam!

The Jamaican Early Childhood Curriculum Education Essay

The Jamaican Early Childhood Curriculum Education Essay The Jamaican Early Childhood Curriculum was recently crafted. The curriculum is built on the principle that children learn best when content from various disciplines along with skills from the developmental domains are integrated in line with the childrens holistic view and experience of the world. These principles are learning through play, sequenced learning, individual learning, the practitioners multiple roles, inclusion of all learners, integrated curriculum and the domains of development, the learning environment, assessment in early childhood, involving parents and community (Davies, 2008). While the curriculum address various objectives that need to be met in fostering Early Childhood learning and outlines the requisite instructions, there are challenges to the implementation of the curriculum. Broadly speaking, these factors are usually internal and external. These factors reduce the effectiveness of the curriculum and weaken the chance of effective learning at the Early Childhood Level. The factors occur as challenges when there is a mismatch between the situation that the curriculum was designed to target and the reality. This difference causes the actual learning outcome to deviate from the intended learning outcome. The curriculum is normally assume that the student is operating at a particular level, the students parent and environmental background offer a certain level of support, and the teacher operates at a certain level. The real problem occurs when the curriculum does not cater for the majority case of students. Internal factors usually include teachers, students, school infrastructure and resources. Teachers are the driving force of implementing the curriculum effectively. A teachers creativity, capabilities and qualification enables him/her to transfer the content of the curriculum in a meaningful way that will connect with the diversity of learners. According to Jalongo and Isenberg (2012) a teachers knowledge of the children and the content of the curriculum will enable him/her the ability to provide for the childrens strengths and weakness, their interest and to develop the knowledge, skills, values, and dispositions they will need to become productive members of the society. Hence the teachers role in developing the curriculum is to shape what children should learn and how they should learn it. In doing so the teachers methodology is essential in brining the curriculum alive. Jalongo and Isenberg (2012) posit that the teacher strategies and plan for learning is the thread that weaves t he curriculum. This they say is what of teaching and the how of teaching. Its therefore, imperative that teachers plan for the students learning so as to cater for the diverse learning styles in their classroom. The methodologies that the teacher employs should fit the students ability to gain knowledge and develop the necessary skills. Teachers should therefore choose content that are developmentally appropriate to achieve required learning outcome. On the other hand a teacher should also be competent and acquire keen insights on the capabilities that children posses in order to cater for holistic development. If this is not achieved then the implementation of the curriculum would have fails to cater for the children needs and development. The key ingredient for any curriculum is always the learner (Jalongo and Isenberg, 2012). They posit that a curriculum should focus on what a child know and can do and what a child should know and can do. Hence the content of the curriculum should take into account the needs, interest, age and stage of development and the social and cultural context if the child. The child as the learner possesses the ultimate success of the curriculum. This takes into account the abilities, skills, background knowledge and exposure /experience that the child acquire before entering the learning environment. According to Puckett and Diffily (2004) being aware of the differences in childrens development, strengths and challenges will allow curriculum planners and teachers to plan effectively in order to meet each childs developmental needs. Jalongo and Isenberg (2012) stated that a curriculum should consider the following, Child development and learning, Child needs, abilities and interest and Social and cultural context in which children live. The considerations of these will enable the teachers to perform effectively within the teaching and learning environment. The school infrastructures and resources play a vital role in the delivery of the schools curriculum. External factors usually include parents, home and community. This is another driving force in the implementation of the curriculum. The importance of parental involvement is key in the success of academic achievement. This sets the foundation of the learning attitude that children carry to the learning environment. Support from parents increases the academic achievement in later years. Burke (2010) concurred children whose parents are actively involved in their education at an early age aids the nurturing of a childs education and overall development and is one of the core indicators of later achievement. It is through this involvement that children understand and appreciate the importance of a solid education. The involvement of parents can break or build the implementation of any curriculum. Parents are unaware of the powerful effect that have on what and how the content of a curriculum is designed and implemented. I strongly believe that parents are the first line of support for all children. They are the primary source of socialization and set the foundation for formal learning to take place. The home is the initial environment for optimal nurturing and it ideally creates a sense of belonging. Acknowledging that meaningful parental involvement is need its not a one-size fits all. We have to take into consideration the socio economic status of these parents as well as their educational background. The background of these parents especially in urban environs allows for limitation on the input they can offer to the implementation of the curriculum. Hence, few or no involvement occurs and the inability to hold teachers accountable for poor curriculum implementation is poor. Burke (2010) states that when parents are involved in the educational process of their children and, as such, they will be able to include or add additional information and insight from their own personal experiences to teache rs in order to support their childs learning and development. The community is seen as the secondary source of socialization.

Effect of temperature on the rate of reaction between magnesium and hyd

Effect of temperature on the rate of reaction between magnesium and hydrochloric acid Apparatus: Magnesium strips (5cm) Hydrochloric acid Water bath Clamp x 3 Clamp stand x3 Ruler Measuring cylinder (100ml) Measuring beaker (50ml) x2 Rubber tube Rubber bung Gas syringe Wire wool Stop clock Aim: My aim is to find out if heating the hydrochloric acid affects the rate of magnesium and hydrochloric acid. Prediction: I predict that the heating the hydrochloric acid will effect it as heating is one type of changing the rate of reaction. Method: Get three clamps and clamp stands from the cupboard, and set them up and get a water bath and set it up to the right temperature (20-80) and then let it get to the right temp get a gas syringe form the tray and set the up to one of the stands and then measure out 30ml of hydrochloric acid and pour that in to the 50ml measuring beaker and then place that in to the water bath, repeat that with the other measuring beaker. Measure out 5cm of magnesium ribbon with the ruler and clean as much of magnesium oxide of as possible and, place a rubber tub...

The Grieving of The Mother by Gwendolyn Brooks :: Essay on Gwendolyn Brooks

"The Mother," by Gwendolyn Brooks, is about a mother who has experienced a number of abortions and now has remorse. You can feel the remorse she is going through when reading the poem. She is regretful, yet explains that she had no other choice. It is a heartfelt poem where she talks bout how she will not be able to do certain things for the children that she aborted. This poem may be a reflection of what many other women are dealing with. The first stanza starts off with "Abortions will not let you forget," which sounds like the woman is talking in general terms. She is talking about how future experiences will never take place. Things like "You will never wind up the sucking-thumb or scuttle off the ghosts that come," are some of the many that will not be done. In a way, the women being told this are reminded of the pain they are going through. In the second stanza, the woman is talking about her pain and loss. In "I have heard in the voices of the wind the voices of my dim killed children," she is haunted by her own children's faint cries that she hears in her mind. She then makes the transition from telling the reader to explaining to her children why she did what she did. It feels as though she can't control her emotions and finally breaks down. She forgets about the reader and focuses on her children. She is asking for some understanding when she says, "Believe that in my deliberateness I was not deliberate. . . . Though why should I whine," she asks, "Whine that the crime was other than mine." She feels that she did what she had to do. She probably couldn't handle having kids at the time because of her situation, whatever it was, so she had an abortion. She probably didn't think it was a crime, but society has made her believe it is and she feels guilty. She tries to brush it off when she says, "Since you are dead," but then admonishes herself by euphemizing the meaning by saying, "or rather, or instead, you were never made." In the third stanza, she picks up where she left in the second stanza, but this time she tries to figure out what she did.

Christianity and Evangelism in Jane Eyre Essay -- Religion Religious B

Christianity and Evangelism in Jane Eyre There were great changes in the religious arena during the time of Victorian England. John Wesley had his warm heart experience, India had been opened to missionizing, and a Utilitarian and Evangelical shift had occurred. Charlotte Brontà « would have felt the effects of these things, being a daughter of the clergy, and by simply being a daughter of the Victorian era. Her novel, Jane Eyre, serves as a reaction to Utilitarianism, and the protagonist Jane emerges as an Evangelical figure. By using this novel as a tool for Evangelism itself, Brontà « has a platform to fulfill moral obligations, and to have a discourse with the socially held views of her time. Beyond this, it also addresses the intrinsic struggle between Paganism and Christianity. The original position of the East India Company and the English Parliament was, the resistance against allowing missionary work in India, and that the clergy would be commissioned to serve only the European population there. They took this stance, because they felt the inhabitants would feel threatened and cause problems for those who had financial interests in the area. In 1813, with the passing of a new Charter Act, India was opened to missionary activity, and many jumped at the opportunity to sacrifice all for the sake of â€Å"heathen† souls. (Viswanathan 36) The very personification of this ideal comes in the form of Brontà «Ã¢â‚¬â„¢s character, St. John Rivers, Jane Eyre’s cousin and almost fiancà ©. He expounds on this when he explains: After a season of darkness and struggling, light broke and relief fell; my cramped existence all at once spread out to a plain without bounds-my powers heard a call from heaven to rise, g... ... the great religious impact it is meant to have. Christ, should and will, win out in the end – as the last line of the novel says, â€Å"Amen; even so come, Lord Jesus!† Works Cited â€Å"Brigit.† Encarta Encyclopedia Online. 2004. http://encarta.msn.com Brontà «, Charlotte. Jane Eyre. Ed. Richard J. Dunn. New York: W.W. Norton and Company, 2001. â€Å"Evangelism.† Merriam-Webster Dictionary Online. 2004. http://www.m-w.com Holy Bible: New International Version. Grand Rapids, MI: Zondervan Publishing House, 1995. Viswanathan, Gauri. â€Å"The Beginnings of English Literary Study.† Masks of Conquest: Literary Study and British Rule in India. New York: Columbia University Press, 1989. Weber, Max. â€Å"Luther’s Conception of the Calling.† The Protestant Ethic and the Spirit of Capitalism. Trans. Talcott Parsons. New York, Dover Publications Inc.

Mobile Banking

Introduction Many banks have established presence on the Internet and many others are in the process of doing so. Using telecommunication systems and networks, a bank can reach out to customers and provide them with not only general information about its services but also the opportunity of performing interactive banking transactions. In electronic banking, bank customers can request information and carry out most banking services (e. g. balance reporting, inter-account transfers, and bill payment) via a telecommunication network without the need to go at the bank’s branch offices.Electronic banking comprises all electronic channels customers use to access their accounts, including the Internet and recently mobile phones (WAP- Wireless Application protocol, SMS- Short Message Service, SIM Toolkit, PDAs-Personal Digital Assistants). The cell phone handset can be used as a terminal in much the same way as an ATM (Automatic Teller Machine). Currently, almost everyone in the devel oped countries carries a mobile phone.So, customers can access their bank accounts through the bank’s website using not only a computer but also mobile devices. M-banking is not only another channel for banking services, but there is the possibility for becoming the primary channel. What is Mobile Banking? Mobile banking is a Banking process without bank branch, which provides financial services to unbanked communities efficiently and at affordable cost. To provide banking and financial services through mobile technology device by mobile phone is called Mobile banking.Mobile banking (also known as M-Banking, mbanking, SMS Banking) is a term used for performing balance checks, account transactions, payments, credit applications and other banking transactions through a mobile device such as a mobile phone or Personal Digital Assistant (PDA). The earliest mobile banking services were offered over SMS. With the introduction of the first primitive smart phones with WAP support ena bling the use of the mobile web in 1999, the first European banks started to offer mobile banking on this platform to their customers. A mobile banking conceptual model Mobile Banking refers to provision and availment of banking- and financial services with the help of mobile telecommunication devices. The scope of offered services may include facilities to conduct bank and stock market transactions, to administer accounts and to access customized information†. According to this model Mobile Banking can be said to consist of three inter-related concepts: * Mobile Accounting * Mobile Brokerage * Mobile Financial Information Services Most services in the categories designated Accounting and Brokerage are transaction-based.The non-transaction-based services of an informational nature are however essential for conducting transactions – for instance, balance inquiries might be needed before committing a money remittance. The accounting and brokerage services are therefore of fered invariably in combination with information services. Information services, on the other hand, may be offered as an independent module. Trends in mobile banking The advent of the Internet has enabled new ways to conduct banking business, resulting in the creation of new institutions, such as online banks, online brokers and wealth managers.Such institutions still account for a tiny percentage of the industry. Over the last few years, the mobile and wireless market has been one of the fastest growing markets in the world and it is still growing at a rapid pace. According to the GSM Association and Ovum, the number of mobile subscribers exceeded 2 billion in September 2005, and now (2009) exceeds 2. 5 billion (of which more than 2 billion are GSM). According to a study by financial consultancy Celent, 35% of online banking households will be using mobile banking by 2010, up from less than 1% today.Upwards of 70% of bank center call volume is projected to come from mobile phones. Mobile banking will eventually allow users to make payments at the physical point of sale. â€Å"Mobile contactless payments† will make up 10% of the contactless market by 2010. Another study from 2010 by Berg Insight forecasts that the number of mobile banking users in the US will grow from 12 million in 2009 to 86 million in 2015. The same study also predicts that the European market will grow from 7 million mobile banking users in 2009 to 115 million users in 2015.Many believe that mobile users have just started to fully utilize the data capabilities in their mobile phones. In Asian countries like India, China, Bangladesh, Indonesia and Philippines, where mobile infrastructure is comparatively better than the fixed-line infrastructure, and in European countries, where mobile phone penetration is very high (at least 80% of consumers use a mobile phone), mobile banking is likely to appeal even more. Mobile banking business models A wide spectrum of Mobile/branchless banking models is evolving.However, no matter what business model, if mobile banking is being used to attract low-income populations in often rural locations, the business model will depend on banking agents, retail or postal outlets that process financial transactions on behalf telcos or banks. The banking agent is an important part of the mobile banking business model since customer care, service quality, and cash management will depend on them. Many telcos will work through their local airtime resellers. However, banks in Colombia, Brazil, Peru, and other markets use pharmacies, bakeries, etc.These models differ primarily on the question that who will establish the relationship (account opening, deposit taking, lending etc. ) to the end customer, the Bank or the Non-Bank/Telecommunication Company (Telco). Another difference lies in the nature of agency agreement between bank and the Non-Bank. Models of branchless banking can be classified into three broad categories – Bank Focused , Bank-Led and Nonbank-Led. Bank-focused model The bank-focused model emerges when a traditional bank uses non-traditional low-cost delivery channels to provide banking services to its existing customers.Examples range from use of Automatic Teller Machines (ATMs) to internet banking or mobile phone banking to provide certain limited banking services to banks’ customers. This model is additive in nature and may be seen as a modest extension of conventional branch-based banking. Bank-led model The bank-led model offers a distinct alternative to conventional branch-based banking in that customer conducts financial transactions at a whole range of retail agents (or through mobile phone) instead of at bank branches or through bank employees.This model promises the potential to substantially increase the financial services outreach by using a different delivery channel (retailers/ mobile phones), a different trade partner (telco/chain store) having experience and target market dist inct from traditional banks, and may be significantly cheaper than the bank-based alternatives. The bank-led model may be implemented by either using correspondent arrangements or by creating a JV between Bank and Telco/non-bank Non-bank-led model The non-bank-led model is where a bank has a limited role in the day-to-day account management.Typically its role in this model is limited to safe-keeping of funds. Account management functions are conducted by a non-bank (e. g. Telco) who has direct contact with individual customers. Mobile banking services Mobile banking can offer services such as the following: Account information * Mini-statements and checking of account history * Alerts on account activity or passing of set thresholds * Monitoring of term deposits * Access to loan statements * Access to card statements * Mutual funds / equity statements * Insurance policy management Pension plan management * Status on cheque, stop payment on cheque * Ordering cheque books * Balance ch ecking in the account * Recent transactions * Due date of payment (functionality for stop, change and deleting of payments) * PIN provision, Change of PIN and reminder over the Internet * Blocking of (lost, stolen) cards Payments, deposits, withdrawals, and transfers * Domestic and international fund transfers * Micro-payment handling * Mobile recharging * Commercial payment processing * Bill payment processing * Peer to Peer payments Withdrawal at banking agent * Deposit at banking agent A specific sequence of SMS messages will enable the system to verify if the client has sufficient funds in his or her wallet and authorize a deposit or withdrawal transaction at the agent. When depositing money, the merchant receives cash and the system credits the client's bank account or mobile wallet. In the same way the client can also withdraw money at the merchant: through exchanging SMS to provide authorization, the merchant hands the client cash and debits the merchant's account.Kenya's M-P ESA mobile banking service, for example, allows customers of the mobile phone operator Safaricom to hold cash balances which are recorded on their SIM cards. Cash may be deposited or withdrawn from M-PESA accounts at Safaricom retail outlets located throughout the country, and may be transferred electronically from person to person as well as used to pay bills to companies. One of the most innovative applications of mobile banking technology is Zidisha, a US-based nonprofit microlending platform that allows residents of developing countries to raise small business loans from web users worldwide.Zidisha uses mobile banking for loan disbursements and repayments, transferring funds from lenders in the United States to the borrowers in rural Africa using nothing but the internet and mobile phones. Investments * Portfolio management services * Real-time stock quotes * Personalized alerts and notifications on security prices Support * Status of requests for credit, including mortgage appr oval, and insurance coverage * Check (cheque) book and card requests * Exchange of data messages and email, including complaint submission and tracking * ATM location.Content services * General information such as weather updates, news * Loyalty-related offers * Location-based services Based on a survey conducted by Forrester, mobile banking will be attractive mainly to the younger, more â€Å"tech-savvy† customer segment. A third of mobile phone users say that they may consider performing some kind of financial transaction through their mobile phone. But most of the users are interested in performing basic transactions such as querying for account balance and making bill payment. Benefits of Mobile Banking * Real time on-line banking Available anytime, anywhere throughout the country * It is convenient, affordable and secure * It is much more effective in developing savings habits * It will make access to banking and advanced payment transactions at affordable cost * It is m uch safer, specify and safeguard against fraudulent transactions. Process of Mobile Banking: The concept is different from SMS Banking which was discussed previously. The architecture is based on the specific requirement that the facility is provided through GRPS, GSM, CDMA, EDGE, 3G and CSD enabled mobile phones.With Mobile banking, the following services can be availed of, but is not restricted to, * Viewing A/C statement * Viewing Cheque Status * Stopping Cheque Payment * Cheque Book Request * Fixed Deposit Enquiry * Bill Payment * Shopping/ Purchasing items The services can be provided to customers directly by the bank or through a 3rd party vendor; and explanations for both are followed. Architecture 1: When the bank provides the service directly to the customer The setup will have a web server, application server and the database at the ank’s premises. We shall call this the mobile banking server for ease of understanding. The application will ensure what services are t o be provided to the customer. Based on the banking services provided to the customer, the security of the infrastructure has to be built in. The database can be the same as the Core banking database, having another table for mobile banking users. The customer uses his/her mobile phones to transact through the mobile network.The Mobile banking server in turn talks to the Core banking systems of the bank for user authentication, processing transactions, authorization, etc. Architecture 2: When banks outsource this facility to 3rd party vendors This is the more popular architecture as Banks can quickly roll out their mobile banking solutions by connecting to a 3rd party. This is also the architecture with more security issues as interconnection with a 3rd party is involved. In this architecture, the mobile banking servers are located at the 3rd party vendor’s data centre.These servers will talk to the Core Banking servers of the bank through a secured channel (dedicated or shar ed link) for authentication, authorization and transaction processing. Pre requisites to using this facility The customer has to first register with the Bank for using Mobile banking facility by linking the user’s mobile number with the account number. Application functionality The mobile banking facility can be provided to mobile phone users through a client or a web based access. Using the client or web browser, the necessary security features are to be built.Customer performs banking transactions based the services like check account balance, fund transfer, bill payment, shopping, etc provided by the bank. User requesting a transaction * The user selects the service he wants to perform like check account balance, bill payment, etc. * The mobile banking server asks for re-authentication for critical transactions. a) Re-authentication with the mobile banking sever ensures that critical transactions are verified and mapped to the user. b) The re-authentication can be estricte d with the vendor only; the user need not authenticate with the bank every time a transaction is performed. Again this depends on the role played by the vendor. * User re-enters the credentials. * Server authenticates the mobile user and forwards the data to the bank on how to process the mobile user’s service request. For e. g. , checking the account balance service, the mobile banking server will contact the bank’s server on how to process the request. Bank processing the transaction * The bank server will ask for details required to service the user request. Taking the above example, the bank will ask for cheque number and this is forwarded by the mobile banking server to the end user. * The end user enters the details and sends it to the mobile banking server. * The server again asks for authentication. Once authenticated, the mobile banking server will forward the cheque number to the bank’s server. * This can be an optional check based on the criticality o f the service requested. For e. g. , if the bank provides fund transfer service, then it may be a good idea to again check for the user’s credentials.Again this is purely based on the criticality of the service provided * The bank’s server will check the status of the cheque and provide the details to the mobile user via the mobile banking server. Finally, this is just an example to show how the application should process requests from the mobile user. Based on the services provided by the bank, the security of the application can be built-in. For e. g. , if the application allows fund transfer or bill payment, then the required security threats should be identified and mitigated.Future functionalities in mobile banking Based on the ‘International Review of Business Research Papers' from World business Institute, Australia, following are the key functional trends possible in world of Mobile Banking. With the advent of technology and increasing use of smartphone a nd tablet based devices, the use of Mobile Banking functionality would enable customer connect across entire customer life cycle much comprehensively than before. With this scenario, current mobile banking objectives of say building relationships, reducing cost, chieving new revenue stream will transform to enable new objectives targeting higher level goals such as building brand of the banking organization. Emerging technology and functionalities would enable to create new ways of lead generation, prospecting as well as developing deep customer relationship and mobile banking world would achieve superior customer experience with bi-directional communications. Illustration of objective based functionality enrichment In Mobile Banking * Communication enrichment: – Video Interaction with agents, advisors. Pervasive Transactions capabilities: – Comprehensive â€Å"Mobile wallet† * Customer Education: – â€Å"Test drive† for demos of banking services * Connect with new customer segment: – Connect with Gen Y – Gen Z using games and social network ambushed to surrogate bank’s offerings * Content monetization: – Micro level revenue themes such as music, e-book download * Vertical positioning: – Positioning offerings over mobile banking specific industries * Horizontal positioning: – Positioning offerings over mobile banking across all the industries * Personalization of corporate banking services: – Personalization experience for multiple roles and hierarchies in corporate banking as against the vanilla based segment based enhancements in the current context. * Build Brand: – Built the bank’s brand while enhancing the â€Å"Mobile real estate†. Challenges for a mobile banking solution Key challenges in developing a sophisticated mobile banking application are: Handset operability There are a large number of different mobile phone devices and it is a big challenge for banks to offer mobile banking solution on any type of device. Some of these devices support Java ME and others support SIM Application Toolkit, a WAP browser, or only SMS.Initial interoperability issues however have been localized, with countries like India using portals like R-World to enable the limitations of low end java based phones, while focus on areas such as South Africa have defaulted to the USSD as a basis of communication achievable with any phone. The desire for interoperability is largely dependent on the banks themselves, where installed applications (Java based or native) provide better security, are easier to use and allow development of more complex capabilities similar to those of internet banking while SMS can provide the basics but becomes difficult to operate with more complex transactions. There is a myth that there is a challenge of interoperability between mobile banking applications due to perceived lack of common technology standards for mobile banking .In practice it is too early in the service lifecycle for interoperability to be addressed within an individual country, as very few countries have more than one mobile banking service provider. In practice, banking interfaces are well defined and money movements between banks follow the IS0-8583 standard. As mobile banking matures, money movements between service providers will naturally adopt the same standards as in the banking world. On January 2009, Mobile Marketing Association (MMA) Banking Sub-Committee, chaired by Cell Trust and VeriSign Inc. , published the Mobile Banking Overview for financial institutions in which it discussed the advantages and disadvantages of Mobile Channel Platforms such as Short Message Services (SMS), Mobile Web, Mobile Client Applications, SMS with Mobile Web and Secure SMS. SecuritySecurity of financial transactions, being executed from some remote location and transmission of financial information over the air, are the most complicated challenges that need to be addressed jointly by mobile application developers, wireless network service providers and the banks' IT departments. The following aspects need to be addressed to offer a secure infrastructure for financial transaction over wireless network: 1. Physical part of the hand-held device. If the bank is offering smart-card based security, the physical security of the device is more important. 2. Security of any thick-client application running on the device. In case the device is stolen, the hacker should require at least an ID/Password to access the application. 3. Authentication of the device with service provider before initiating a transaction. This would ensure that unauthorized devices are not connected to perform financial transactions. 4.User ID / Password authentication of bank’s customer. 5. Encryption of the data being transmitted over the air. 6. Encryption of the data that will be stored in device for later / off-line analysis by the customer. One-tim e password (OTPs) are the latest tool used by financial and banking service providers in the fight against cyber fraud. Instead of relying on traditional memorized passwords, OTPs are requested by consumers each time they want to perform transactions using the online or mobile banking interface. When the request is received the password is sent to the consumer’s phone via SMS. The password is expired once it has been used or once its scheduled life-cycle has expired.Because of the concerns made explicit above, it is extremely important that SMS gateway providers can provide a decent quality of service for banks and financial institutions in regards to SMS services. Therefore, the provision of service level agreements (SLAs) is a requirement for this industry; it is necessary to give the bank customer delivery guarantees of all messages, as well as measurements on the speed of delivery, throughput, etc. SLAs give the service parameters in which a messaging solution is guarante ed to perform. Scalability and reliability Another challenge for the CIOs and CTOs of the banks is to scale-up the mobile banking infrastructure to handle exponential growth of the customer base.With mobile banking, the customer may be sitting in any part of the world (true anytime, anywhere banking) and hence banks need to ensure that the systems are up and running in a true 24 x 7 fashion. As customers will find mobile banking more and more useful, their expectations from the solution will increase. Banks unable to meet the performance and reliability expectations may lose customer confidence. There are systems such as Mobile Transaction Platform which allow quick and secure mobile enabling of various banking services. Recently in India there has been a phenomenal growth in the use of Mobile Banking applications, with leading banks adopting Mobile Transaction Platform and the Central Bank publishing guidelines for mobile banking operations. Application distributionDue to the natur e of the connectivity between bank and its customers, it would be impractical to expect customers to regularly visit banks or connect to a web site for regular upgrade of their mobile banking application. It will be expected that the mobile application itself check the upgrades and updates and download necessary patches (so called â€Å"Over the Air† updates). However, there could be many issues to implement this approach such as upgrade / synchronization of other dependent components. Personalization It would be expected from the mobile application to support personalization such as: * Preferred Language * Date / Time format * Amount format Default transactions * Standard Beneficiary list * Alerts Mobile banking in the world Mobile banking is used in many parts of the world with little or no infrastructure, especially remote and rural areas. This aspect of mobile commerce is also popular in countries where most of their population is unbanked. In most of these places, banks can only be found in big cities, and customers have to travel hundreds of miles to the nearest bank. By 2012, it is estimated that there will be 1. 7 billion people with a mobile phone but not a bank account and as many as 364 million unbanked people could be reached by agent-networked banking through mobile phones.In Iran, banks such as Parsian, Tejarat, Mellat, Saderat, Sepah, Edbi, and Bankmelli offer the service. Banco Industrial provides the service in Guatemala. Citizens of Mexico can access mobile banking with Omnilife, Bancomer and MPower Venture. Kenya's Safaricom (part of the Vodafone Group) has the M-Pesa Service, which is mainly used to transfer limited amounts of money, but increasingly used to pay utility bills as well. In 2009, Zain launched their own mobile money transfer business, known as ZAP, in Kenya and other African countries. In Somalia, the many telecom companies provide mobile banking, the most prominent being Hormuud Telecom and its ZAAD service.Telenor Pak istan has also launched a mobile banking solution, in coordination with Taameer Bank, under the label Easy Paisa, which was begun in Q4 2009. Eko India Financial Services, the business correspondent of State Bank of India (SBI) and ICICI Bank, provides bank accounts, deposit, withdrawal and remittance services, micro-insurance, and micro-finance facilities to its customers (nearly 80% of whom are migrants or the unbanked section of the population) through mobile banking. In a year of 2010, mobile banking users soared over 100 percent in Kenya, China, Brazil and USA with 200 percent, 150 percent, 110 percent and 100 percent respectively. Mobile Banking in Bangladesh Starting: Mobile banking is a new technology in Bangladesh which started from 31st March 2011.Dutch Bangla Bank Limited pioneered in mobile banking services in Bangladesh. Most people heard about it but not have a clear idea. According to my survey almost 94% people heard about mobile banking and 6% haven’t heard a bout mobile banking. Interest to use: Many people heard about mobile banking. But they yet have not felt that they should use it as they are happy to use traditional banking system. Some people feel interest to use it. About 55% people feel they should use it and 45% people haven’t feel to use mobile banking according to the survey. Takes time by mobile banking than traditional banking: Mobile banking is real time on-line banking.As it is on-line banking it takes less time than traditional banking. It will make access to banking and advanced payment, transactions at affordable cost People have not to wait by standing in a long line which is happen in traditional banking system. But some people think it takes higher time and some people think it takes same time as traditional banking. According to the research only 5% people think it takes higher time, 34% people think it takes the same time and 61% people think it takes lower time than traditional banking system. Time saving: Mobile banking is available anytime, anywhere throughout the country. So it can save one’s time. But all people not think the same.About 70% respondents think that mobile banking can save their time, where as 30% think it cannot save time. Cost: It is convenient, affordable and it is much more effective in developing savings habits, it will make access to banking and advanced payment transactions at affordable cost. All people know that its cost is not higher than traditional banking. Around 56% respondents say its cost is lower, 20% say same and 24% say it is affordable than traditional banking. . A positive aspect of mobile phones is that mobile networks can reach remote areas at low cost. Trust worthy: It is much safer and safeguard against fraudulent transactions. One can trust mobile banking as traditional banking system.It has secured pin code which is known by the user, and also has a check digit without it no one can deposit money. But in Bangladesh traditional branc h-based banking remains the most widely adopted method of conducting banking transaction. The poor often have greater familiarity and trust with mobile phone companies than formal banking institutions. Furthermore a mobile handset can easily be adapted to handle banking transactions. But it is not commonly known by all. From the survey it is found that 63% respondents think mobile banking is trust worthy and 37% respondents feel it is not trust worthy. Use: It is much more effective in developing savings habits. Its using system is also easy. Anyone can use it.Poor people are often not considered viable customers by the formal financial sector as their transaction sizes are small, and many live in remote areas beyond the reach of banks branch networks. Informal banking services such as microfinance and village savings and loan associations remain limited in their reach. So, mobile banking system develops to bring poor people into banking system. 83% respondents face or heard no prob lem to use mobile banking. But 17% respondents heard or face problems to use it like-sometimes transaction do not reach at time, cannot operate it easily as traditional banking, not trust worthy. Prospect of mobile banking in Bangladesh:Mobile Banking is a Banking process without bank branch which provides financial services to unbaked communities efficiently and at affordable cost. The aim of the service is to bring more people under the umbrella of banking service. Bangladesh Bank governor Dr Atiur Rahman inaugurated the service through -Journal of Arts, Science ; Commerce  ¦ E-ISSN 2229-4686  ¦ ISSN 2231-4172 International Refereed Research Journal  ¦ www.. researchersworlld.. com  ¦ Vol. – III, Issue –1,Jan. 2012 [54] deposit and withdrawal of money from two banking outlets in the city. Government thinks it has a great prospect as it is a new technology in digital Bangladesh.But in Bangladesh many people think traditionally, because they cannot think it has any facility to use mobile banking. 69% people feel mobile banking has prospect in Bangladesh whereas 31% think it has no prospect in Bangladesh as many people will not feel interest or have belief on mobile banking. Suggestion to other to use the: 55% feel interest to use mobile banking but most people do not want to give suggestion to other to use it. As it is a new method of banking people haven’t 100% faith on it. So, people don’t want to take any risk by giving suggestion to use it. 68% respondents say they do not want to give suggestion and 32% respondents say they want to give suggestion to use mobile banking. Make life easier:Mobile banking is real time on-line banking, available anytime, anywhere throughout the country, it is convenient, affordable and secure, it is much more effective in developing savings habits, it will make access to banking and advanced payment transactions at affordable cost, it is much safer, speedy and safeguard against fraudulent tra nsactions. All of the characteristics of mobile banking make life easier. But 43% respondents feel it will not make life easier as it may not be trust worthy, but 57% respondents feel the facility which mobile banking give will make life easier. Security: In mobile banking a confidential pin code is used by the user. PIN ensures security of money and protects fraudulent transactions. So mobile banking is fully secured. It also believed by 70% respondents, but about 30% respondents say it is not secured as they cannot fully trust on online banking than traditional banking system.Speedy process: One benefit of mobile banking is a very speedy process. Transaction can be done anytime anywhere quickly in less time. So 100% people believe that it is a speedy process. Class of people: Mobile banking started with the idea to bring the poor under the umbrella of banking sector especially rural poor as there are not much bank facilities, also there savings is low so they feel shy to go to ban k. But according to my survey 38% respondents feel upper class, 21% respondents feel middle class people can use mobile banking. But 41% respondents say mobile banking can be used by all class of people. Problems encounted in collecting data:The researcher had to face the following problems in collecting data from the respondents: i. Generally most of the respondents have not enough idea about mobile banking. So it was very difficult to collect actual data. Because the information of the respondents was supplied from their idea. ii. Most of the respondents were not fully use mobile banking which caused another problem to data collection to the researcher. iii. Sometimes respondent could not answer to questions accurately and to the point. iv. The respondents were usually remaining busy with their work. So, the researcher had to visit some of them even at the work place and researcher sometimes had to pay more time to meet the respondents. v.Most of the respondents did not feel comfo rtable to answer questions. So researcher had to pay more time to gain their confidence. The banks that provides mobile banking, sms banking in Bangladesh: * Dutch-Bangla Bank Ltd. * BRAC Bank Ltd. * Premier Bank Ltd. * Bank Asia Ltd. * HSBC * Dhaka Bank Ltd. * Standard Chartered Bank Ltd. * Mutual Trust Bank Ltd. * Trust Bank Ltd. * One Bank Ltd. * EXIM Bank Ltd. * IFIC Bank Ltd. * First Security Bank Ltd. * City Bank Ltd. * Islami Bank Bangladesh Ltd. * Mercantile Bank Limited. Dutch-Bangla Bank Limited (DBBL) has for the first time introduced its mobile banking service, expanding the banking service from cities to remote areas.Bangladesh Bank Governor Atiur Rahman inaugurated the service in July, 2011 by depositing Tk 2,000 and withdrawing Tk 1,500 through Banglalink and Citycell mobile networks in Motijheel area. Bangladesh Bank has already allowed 10 banks to initiate mobile banking. Of them DBBL kicked off first. â€Å"Mobile banking is an alternative to the traditional banki ng through which banking service can be reached at the doorsteps of the deprived section of the society,† the central bank governor said at an inaugural press briefing at Hotel Purbani. Atiur Rahman said through mobile banking various banking services including depositing and withdrawing money, payment of utility bills and reaching remittance to the recipient would be possible.By going to the DBBL-approved Citycell and Banglalink agents throughout the country, the subscribers can open an account provided they show the necessary papers and pay a fee of Tk 10. To use the banking service, subscribers must own a cell phone from any provider. The bank gives subscribers a four-digit PIN. By using the PIN, subscribers can use a number of banking services, including depositing and withdrawing money, while maintaining account security. Customers may hand over cash to agents in the bank's network, and agents can coordinate the transaction from their mobile phones, helping account holder s securely complete banking tasks using their PINs.Customers can deposit or withdraw money up to five times per day, up to Tk 5,000 per day. One percent of the transaction account or Tk 5, whichever is greater, will be deducted as a cash-in charge. The charge for cash-out is 2 percent of the transaction amount or Tk 10, whichever is greater. There are no fees for registration, salary or remittance disbursement services. Mobile Banking at BRAC Bank The service will enable millions of banked and unbanked people to deposit, withdraw and transfer money through mobile phones. bKash, a joint venture between BRAC Bank and US-based Money in Motion, will provide mobile banking with a fully encrypted VISA technology platform for transactions through mobile phones.Any mobile user can register and open up a bKash account and then do transactions through their mobile phones in easy, convenient and reliable way. â€Å"bKash will fundamentally change the way people now do transactions, as all tra nsactions will be possible through mobile phones in future,† said Syed Mahbubur Rahman, managing director of the bank. â€Å"Customers will not need to come to the bank; rather the bank will go to them,† he said at a press conference in Dhaka on the occasion of its 10th founding anniversary. The bank said a bKash account will act as a digital mobile wallet and anybody can take the service. â€Å"Your mobile phone will become your wallet.Customers can get financial services through phones, even by the handset that costs the lowest,† Rahman said. Under a partnership with UNDP and Local Government Division, bKash is rolling out mobile banking in 4,501 union parishads in the country. It has already signed a deal with a leading mobile operator and is in talks with others to enable all mobile users — currently around 7. 5 crore — to have individual digital wallets, said Mamdudur Rashid, deputy managing director of the bank. Recently some Bangladeshi banki ng companies and mobile network provider companies have launched mobile banking in Bangladesh. A new door of technology is opening in Bangladesh.Now people of Bangladesh can use their mobile phone as a bank account with balance transfer, payment, money upload and many more facilities at a low cost . I will give you some useful info about these services: * BKash Limited is a joint venture between BRAC Bank Ltd. , Bangladesh, and Money in Motion LLC, USA. Ensuring access to a broader range of financial services for the people of Bangladesh is the ultimate objective of bKash. It has a special focus to serve the low income people of the country and promote sustainable micro-savings to achieve broader financial inclusion by providing financial services that are convenient, affordable and reliable. * bKash is working both as an extension of BRAC Bank and as a full-scale mobile phone-based payment switch.This will highly benefit the country as 83% of the population lives under $2 a day and access to finance can help in improving their economic situation. Less than 15% of Bangladeshis are connected to the formal financial system whereas 44% of total populations are having mobile phones. Providing financial services using this mean can make the service more accessible and cost effective for the vast population of Bangladesh. How to open an account: 01. Go to any of your nearby bKash agent along with- a. Your mobile phone with active Robi number b. A copy of your Photo ID (National ID/Passport/Driving License/Other valid Photo ID) c. 2 copies of Passport size photographs 02. Upon successful registration you need to activate your wallet in following manner- Kash authorized agent will help you throughout the process and confirm registration. You will also receive a confirmation SMS in your mobile. Conclusion: Some policy Implications, Mohammad Mizanur Raman,(www. ampublisher. com) Mobile Phone Banking offers the potential to extend low cost virtual bank accounts to a larg e number of currently un-banked individuals worldwide. Change is being driven by falling costs of mobile phones including airtime, by competition and by the ability of electronic banking solutions to offer customers an enhanced range of services at a very low cost. Text-a-payment (TAP) builds upon the familiarity and comfort that people around the world have with sending text messages via their mobile phone.Instead of traveling to the bank to make their loan payment, clients can -Journal of Arts, Science & Commerce now text their loan payment directly to the bank; saving them both travel time and money. This is also beneficial for the bank, since they can increase their outreach to rural areas while reducing their costs. (Catching the Technology Wave: Mobile Phone Banking and Text-a-Payment in the Philippines, John Owens, Anna Bantug Herrera,www. bwtp. org) M-Banking technology has become one of the most familiar banking features throughout the world. Nowadays millions of inhabitant s of Bangladesh are within a network through mobile network coverage.But in the commercial sectors like banking, m-Commerce technology has not been adopted broadly yet. In context of Bangladesh where almost 95% of geographical areas including Chittagong Hill tract region is under cellular coverage and having sufficiency in Internet infrastructure in remote regions, m-Banking via mobile phones can be the right choice for the promising banking sector. Considering m-Commerce and m-Banking perspective in Bangladesh, a Push Pull services offering SMS (Short Messaging Service) based m-Banking system has been proposed which is able to provide several essential banking services only by sending SMS to bank server from any remote location. They are Broadcast, Scheduling, Event, and Enquiry and m- Commerce services.Fifteen push pull services underlying these categories are implemented in this proposed system which are most desired to customers. The proposed system not only brings banking trans action in hand’s grip but also makes it easier, robust and flexible with highest security. Moreover, modified data failover algorithm handles unexpected SMS server failure with any congestion or service request loss. At last, after evaluating each module of our proposed system a satisfactory accuracy rate 94. 95% has been obtained. Abstract The main objective of the study is to find out the problem and prospect of mobile banking in Bangladesh. For this research primary data were used. This study adopts with descriptive in nature.Total respondents were 120 within that 61 % respondents think it saves time than traditional banking, the highest number of respondents use mobile banking for ‘Air-time top-up’ service, that is 21%, out of 120 respondents 56% replied it is less costlier than traditional banking, 100% respondents did agree that it is speedy, and 38% respondents are upper class. Although this concept is new in Bangladesh but its potentiality is high. From t his research, other researchers and policy makers will get an insight about the problems and prospects of mobile banking in Bangladesh. Keywords: Problem, prospect, Mobile banking. References: * Dhaka Bank Ltd. , Banani branch. * Dutch Bangla Bank Ltd, Banani branch. * BRAC Bank Ltd, Banani branch. * www. thedailystar. net * Wikipedia * www. enterpriseinnovation. net * www. wikipedi www. marketresearch. com * www. bwtp. org * www. ampublisher. com * www. scribd. com/doc/54509127/28/MOBILE-BANKING-IN-BANGLADESH * www. researchersworld. com/vol3/Paper_05. pdf * bankinfobd. com/banks * www. dhakabankltd. com/ * www. bracbank. com/platinum_card. php * www. businessnewsbd. com/index. php? option=com_content&task=view&id=3619&Itemid=88 * www. dutchbanglabank. com/electronic_banking/PDF/MobileBankingBrochureEnglish. pdf Index: WAP – Wireless Application protocol SMS – Short Message Service PDA – Personal Digital Assistants ATM – Automatic Teller Machine M-bankin g – Mobile Banking Telco – Telecommunication Company Mobile Banking The Future of Mobile Banking by Rob Berger in Banking * Photo: BankSimple INTRODUCTION Communication is the exchange of information and feeling or ideas, which allow the majority of people to get the news of all sides. In addition, we are used the communication every day to let people know what we are doing or thinking even feeling which people are received that by voice, picture or chat. Moreover, communication technologies have made it simple to communicate to friends in the other side of the world by calling them using mobile phone, e-mailing them and writing in our web pages using social networks, such as Face book, Twitter or Messenger.Additionally, many other recourses are used by the majority of people to keep in touch with the world, which they can watch television or listen to the radio especially when they go to work. Therefore, communication technologies are considered one of the most important elements in our lives and that is why this essay is going to define the advanta ges and disadvantages of communications technology in terms of our health, education and relationships. This essay will elucidate firstly, the advantages and disadvantages of communications technology in health.Secondly, the advantages and disadvantages in education. Thirdly, the advantages and disadvantages in relationships. Finally, what scope should people be bothered about our grandchildren’s world if these technologies still run on to develops in the future? Mobile banking apps make banking and managing finances more convenient and less time consuming. They also reduce the need for working with loads upon loads of paper, like all those forms you need to fill out in brick-and-mortar banks.The most common activities performed by mobile banking app users include scanning and depositing checks, monitoring account balances and, for some, managing travel or hotel bookings. Many banks also offer online banking options for those who want an easier way to control their cash flow, pay their bills, and locate ATM stations. Some even allow person-to-person payments Mobile banking apps have actually been around for years. The first bank to ever offer their clients the convenience of doing banking-related activities on their mobile phones was Wells Fargo.Today, according to a research firm in Boston, more than 6,500 financial institutions in the US have developed mobile banking services for people who want to keep track of their finances on the go. Since more and more people rely on their smartphones (at least 70% of Americans who own smartphones use banking apps), app development is expected to increase even more. Developers will continue to come up with more innovative ideas for mobile banking. These apps will slowly change the course of regular banking. Just last January, a new kind of bank was introduced to the public.GoBank, created by prepaid reloader Green Dot, is a mobile banking app of a different kind. Unlike existing apps, GoBank is not connected to a ny brick-and-mortar bank. It is a â€Å"stand alone† app; a mobile bank in the real sense of the word. In other words, if you want to make a deposit or check your account balance, you will need to open the app on your phone. GoBank is the answer to the appeal of people who are practically glued to their mobile phones even when walking down busy streets. It can perform all basic bank functions, like paying bills and depositing checks.This development is not surprising. Developers often try to outdo each other in producing an app – or apps – that can easily catch the consumers’ fancy; especially consumers who use mobile banking every day of their lives. In the coming months and years, more apps like GoBank will be spotlighted in the market, and people will continue to want more. At this point, though, developers should also work on coming up with better security features for mobile banking. Security is the main reason why a good number of smartphone users d o not yet use mobile banking facilities on their device.So before anything else, this should be prioritized. Mobile Deposits Already available with many banks, users can deposit a check by taking a picture of it with their smartphone. I’ve used the feature now with Capital One 360 and absolutely love it. Called mobile remote deposit capture (RDC), my daughter uses this feature to deposit her paychecks into her Money account with Capital One 260. And I use it to deposit the occasional checks we receive. It’s a snap (pun intended). While not all banks offer this feature, yet, they will. Mobile Bill PayAs the person who pays all the bills in my family, this feature is really exciting. Imagine taking a paper bill you receive in the mail and paying it by taking a picture of it. Similar to RDC, Mobile Photo Bill Pay is on the way. U. S. Bank is already testing this functionality. There’s a hidden benefit to mobile bill pay–it will make switching banks easier. R ather than having to re-enter all your payee information and automatic payments, you can just snap a picture of each of your bills. Security The security risks of mobile banking are minimal.Mobile banking apps do not work with third party programs, as they deal directly with you and the bank they are linked to. Your banking privacy is not compromised or shared with anyone else. In addition, banks also require their mobile clients to provide the right username and password before performing any kind of transaction. Since apps are becoming more and more complicated and technologically advanced, however, security measures will need to keep pace. Leading the example is Wells Fargo, which is already working on using voice and speech recognition for carrying out banking transactions.This is an interesting development because it offers not only convenience, but also added security. Smartphone as Your Wallet Eventually, we’ll pull out our Smartphone to pay for things rather than our wallet. This is already a reality to a limited extent. Individual retailers like Starbucks offer apps that allow you to pay for products. And Google Wallet has made some progress. But overall we are still a long way from cutting up our cash and plastic. Rob Berger. The Future of Mobile Banking. March 10, 2013.