ASBM Business Updates is a Weekly Selective Compilation of Business News from Various Sources. To find details follow the link.
BANKING
Britons
are expected to bank on smartphones and mobile devices more than all other
channels combined within five years after a fourfold increase in weekly mobile
activity in the past year.
Current
account customers are predicted to use their mobile devices more than internet,
branch and telephone banking combined by 2020, according to a report released
on Monday by Britain's banking lobby group.
British
bank customers were already logging on via mobile devices 73.8 million times a
week by the end of March, up from 18.6 million times a year earlier and 9.1
million times in 2013, said the report by the British Bankers' Association
(BBA) and consultancy firm EY.
Branches
continue to be displaced and there was a 6 reduction in branch transactions
across all banks last year compared with 2013, the report said. Some banks have
said branch transactions were falling by 10 percent or more.
The
industry shift is prompting lenders to close more branches and devote
increasing resources to mobile banking technology.
"The
British public is voting with its thumbs. Being mobile-enabled is a must, not a
maybe, and banks that don’t engage properly with mobile channels risk losing
relevance in customer's lives," said David Ebstein, head of digital for
financial services at EY.
BUSINESS
COMMUNICATION
Nippon
Telegraph and Telephone Corporation (NTT) and Panasonic Corporation today
announced that the two companies have agreed to enter into a business alliance
with the aim of achieving “visual service innovations” and “evolution of user
experience”*1 toward 2020 and beyond.
A
wide variety of initiatives are currently being promoted both by the public and
private sectors in Japan with a view to developing and improving various
services toward 2020. The most urgent among them include providing quality
services and hospitality, called “omotenashi” in Japanese, to visitors
from around the world as the number of foreign tourists is expected to continue
to rise. There is also a pressing need to develop services that support a
society where the physically challenged and elderly feel safe and secure.
Against this backdrop, the collaboration between NTT and Panasonic aims to
share their technologies to develop new services for the foreseeable future
that realizes “visual service innovations” and “evolution of user experience.”
Specifically,
the two companies will develop and propose standard models for new visual
communication by combining NTT's expertise in broadband solutions and
Panasonic's capability in providing high-definition visual solutions
LOGISTICS
Momentive
Performance Materials Inc. has inaugurated its MEA Logistics Center at Dubai,
which the firm said will serve as a gateway to serve its customers in the
region.
“We are excited about the
growth opportunities in the region and this logistics center will help us
further accelerate our ability to capitalize on these opportunities, as we have
always believed that combining global technology with local fulfillment is
critical to earn the right to serve and grow our customers,” V.P. Nalian, vice president
and managing director of Momentive India, Middle East and Africa, said in a
June 14 release.
President and CEO Jack
Boss said in the release that the center will complement its sales offices and
technical service lab in Jebel Ali, United Arab Emirates.
Momentive Performance
Materials is a global manufacturer of silicones and advanced materials, which
is a wholly owned subsidiary of MPM Holdings Inc.
______________________________________________________________
Source of
Information for this issue : Google alert accessed on Google alert on June 22 , 2015
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Is Power. Be Informed, Be Knowledgeable, Be Powerful.
Best wishes
Compilation
Sabita
Sahu
Junior
Librarian
Information
and Documentation Divison, Chanakya Central Library
Asian
School of Business Management
Shiksha
Vihar Bhola,
Barang
Khurda Road, Chandaka
Bhubaneswar-754012
www.asbm.ac.in
Tel:
0674-2374832, 2374833
E-mail:
library@asbm.ac.in
Sabita Sahu :Junior Librarian Knowledge and Information Services Unit, Chanakya Central Library, Asian School of Business Management, Bhubaneswar. library@asbm.ac.in ; www.asbm.ac.in
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