Traditional walk-in banks offer very little incentive to save. For instance I have used a Wells Fargo Savings account for the last five years. During that time I have earned less then 1% interest on my savings each year. Basically this means that by keeping my money in my Wells Fargo Savings Account, I am ...
Marketing – from “4 P’s” to “4 C’s” to “4 V’s” While I was studying marketing in the university, the “4 P’s” of marketing approach was the core of the subject. Later, Bob Lauterborn, professor of advertising at the University of North Carolina discovered the “4 P’s” has some major flaws that result in many ...
Online banking, also referred to as Internet Banking, is a term that is used to describe transactions that are done over the Internet. This may include payments and loans that are made through a banks website. The advantage of this is that a customer may be able to continue transactions outside of the bank, beyond ...
Business owners usually cannot get the same interest rates as private individuals on a savings account. To still get an attractive rate, they have to go an extra mile. The reason that business savers are at a disadvantage over individuals, is that savers are willing to open an account with a bank when it offers ...
The popularity of online banking is growing. The days when everyone made a visit to the bank for performing financial transactions has passed. Almost everyone who has a computer can take advantage of online banking. The ability to use the Internet for banking has changed our lifestyle and provides a great convenience. Technology was once ...