It is leading the early stage of the mobile banking market. As a first mover in the market, early innovator customers are well aware of its service and it is enjoying its market initiative over competitors by consistently maintaining number one position of online and mobile banking in United States. The mobile banking registering and usage is 5 to 8 times faster than its online market at the beginning. Also, it shows its strong position in mortgages as well. Because of its strong position on online banking and mortgages originator and servicer, BofA started its mobile banking and tries to seek opportunities to capture mortgage service users by letting them to sign up mortgages through mobile.
It is listed on New York and London stock market, whilst operating in 50 countries across the globe including United States, Asia, Africa and Europe (Lewis, 2010). As a universal bank, Barclays Bank has to perform with various types of customer to do business. In this research, it will focus how corporate customer and individual customers from retail banking cope with its internet banking facility and the impact of internet banking in customer retention. It also put some light on customer satisfaction performance by internet
1.2 Mission and Vision of Bank of America Vision of the Bank of America is to continue to help their customers gorw and demonstrate how they can turn opportunities to reality. Bank of America mission statement is “ Making financial lives of people who do business with us better” (Bank of America, n.d.). 1.3 Brian Thomas Moynihan ( CEO, Bank of America) The current Chief Executive Officer and Director, Brian Thomas Moynihan has been assigned to this position since 01 January 2010 and has been its Chairman since 01 October 2014. He was graduated from Brown
Moreover, in today’s economy, the mobile industry has evolved into multi-million business because of ability of corporations to initiate their monetary involvement to the mobile phone features and applications, such as Facebook. Being one of the biggest players in the world of smartphones, withdrawal of their involvement or their social interaction application will inevitably reduce the amount of the addiction of a smartphone user. As far as this social site is concerned, the application has encourage the benefit of networking. This has stepped up the social interaction scene and allowed those who wished to participate in the opportunity to do so. Therefore, in this way, the smartphone is intended to have a mutual benefit for both the mobile industry and the users.
It allows the customers to make more and more purchases and thus boosting the feasibility of the online market in the first place. Figure 15: Real disposable income in India Technological: The boom of the internet age which made online market possible in the first place has now started to penetrate deeply into the masses, improving the scope of the industry by the day. Internet enabled cellphones running on Android and Windows OS are available at affordable rates for all socio-economic classes in the country. Apps and websites are on a roll and generating huge revenues for their parent
While the interesting part of Android forensics involves the acquisition and analysis of data from devices.  III. ANDROID APPLICATION A. Android Smartphone The Android mobile platform has quickly risen from its first phone in October 2008 to the most popular mobile operating system in the world by early 2011. The explosive growth of the platform has been a significant win for consumers with respect to competition and features.  B.
According to Smith (2017), Facebook advertising is used by 2 million business for boosting their products and services worldwide. In addition, people can promote their small businesses by social media. According to Collier, 82% of small businesses promote their products by social media (2016). Furthermore, the advertising on social media is more effective because there are more details of the products; Therefore customers are aware about brand and can become loyal to the products. For instance, 81% customers are aware about brand by social networking sites (Smith 2017).
Matter of fact “ The largest online dating site is actually a social network” (Germany). Once again social media is greatly through the smartphone. Finally a very popular app that is downloaded on smartphones is linkedin. This is like always having a job that could increase your pay, give you a better lifestyle, or make connections right at your fingertips. Without social media on smartphones our lives would be completely
The main reasons are internet penetration, the growth of online streaming platforms like Netflix, Amazon Prime and Hulu, which gained market share in the above regions and this impacted the number of movie-goer. Furthermore, rising use of mobile phones supported the growth of these online services, this negatively impacted the movie industry in North America and EMEA. For instance, Netflix’s revenue grew to USD 8,830.7 million (2016) from USD 150.8 million (2002) at a CAGR growth of 33.7% (the firm derives more than 60% of its revenue from content steaming in the US). Thus, over the past decade in North America, the average ticket price rose continuously, this along with increasing number of internet users impacted movie-goer