THE PURPOSE OF THIS NOTE is to apply an argument developed in Hülsmann (2009) to a claim used in advocacy of fractional reserve banking (FRB) under a system of free banking (that is, a system of banks lacking any formal, central control [as characterizes the state-monopolized central banking systems of the modern Western world]). Hülsmann considers the effects on the structure of production of ...

Throughout the developing world, countless people live without access to basic financial services, and physical banking infrastructure is often inaccessible. These constraints have led to the rise of mobile money, or branchless banking, systems that offer financial services to people who may not have access to conventional banks. Despite their utility, these services do not always integrate str...

The collapse of the savings and loan industry and the failure of large numbers of commercial banks in the 1980s have generated a reexamination of bank regulation in the United States and a new banking act. Despite this increased attention, no consensus about how to reform the banking system has emerged. Instead, proposals range from eliminating deposit insurance and relying solely on market dis...

Deregulation, re-regulation and continuing globalisation embody an imperative that banks increase efficiency to survive. We employ non-parametric bootstrap DEA to measure technical efficiency among Jamaican banks between 1998 and 2007. In addition, we test for conditional convergence to identify pointing variables for technical efficiency. Overall, the results suggest that there has been a tend...

The growth of mobile commerce is directly related to the increase of ownership and use of mobile personal, programmable communication devices, including mobile phones and PDAs. These devices provide effective authorisation and management of payment and banking transactions since they are capable of offering security and convenience advantages compared with existing methods, such as credit/debit...

This paper presents an investigation of a pilot project that implemented a mobile payment platform in a poor community in Brazil. This project involved the creation of a network of organizations that includes a local microfinance institution, a large retail bank, a mobile phone operator, an international credit card company, and an acquirer, as well as small local merchants. The objective of th...

The development of science and technological advances in Islamic banking has resulted changes the way consucting transactions society. Information technology based transaction service media PT. BSI Mobile opens opportunities to offer added value for Bank Syariah Indonesia Tbk.
 This research purpose was analyze customer satisfaction levels with users at Research uses a quantitative descrip...

DRAM requires periodic refresh to prevent data loss from charge leakage. There exists two main refresh methods employed in the majority of today’s DRAM systems. The first method is to carry out refresh operations at the rank level, called all-bank refresh (REFab), which is mainly used by commodity DDR DRAM [6]. Because all-bank refresh prevents all banks within an entire DRAM rank from serving ...

Penelitian ini bertujuan untuk menguji pengaruh persepsi kegunaan, kemudahan penggunaan, kualitas informasi, dan kepercayaan terhadap sikap penggunaan mobile banking nasabah bank BUMN. dilakukan menggunakan kuesioner online kepada pengguna Bank BUMN di Jakarta Selatan, Tangerang, Tangerang Selatan. deskriptif kuantitatif. Metode pengambilan sampel berupa purposive sampling. analisis data regres...

Owing to the recent increase in mobile banking customers, studies exploring self-service channels and customer responses as distribution retail industry are also rapidly expanding. Moreover, with emergence of big data a series artificial intelligence (AI) technologies, pattern analysis using deep learning, insurance fraud prevention, software development various types blockchain-based FinTech o...