Mobile Banking refers to the use of mobile devices by customers to remotely interact with the banking systems. Adding Mobile Banking to the list of services offered by Microfinance Institutions puts a great deal of banking power in the hands of the customers, hence allowing
them to access their account and transact, anytime-anywhere. The ability to check balance, pay for products & services, transfer money to another account are just some of the few things that can be made possible with mobile banking, however depending on the nature of
the customers, the microfinance institution is able to further stretch the limits of what can be done through mobile banking.
Business Intelligence (BI) has picked up a lot of attention in the corporate world as a result of its ability to turn raw data into meaningful information. The term BI dates back as far as the 1860s, though in 1989, Howard Dresner proposed it as a category to enable management to apply data analysis techniques to support the critical processes of making informed decisions in business. On a daily basis Microfinance Institutions collect data through their operations; Business Intelligence includes the applications, infrastructure, tools, and various best practices that enable the Microfinance to gain access to analysis of this data, hence generate information that can be used by the executives to make better business decisions.
The ADBanking BI module from ADFinance was designed to meet the reporting and consolidation needs of managers from Microfinance Institutions. The module provides overview reports of the whole Information System or separated per branch. The information includes a balance sheet, trial balance, income statement, credits reports and savings reports. Besides those management reports, regulatory reports are also provided. All regulatory reports for central banks of Rwanda, Burundi and BCEAO are available in consolidated format or per branch. Using the ADBanking BI module, MFIs can also have adhoc reports tailored to their particular needs, hence allowing managers to be able to have customized dashboards with a 360° degree view of their business operations.
The term “Cloud Computing” refers to internet based computing that provides on demand shared computer processing resources and data to other computers and devices. It enables institutions to focus on their core businesses while accessing computing resources from a service provider over their corporate internet connection. Though many businesses are harnessing the use of Cloud resources, financial institutions have been rather slower at this as a result of concerns about the security of customers’ information and assurance of compliance and performance standards.
However, though the process might be slower for sensitive data, Core Banking Systems are mostly modular and offer a variety of services hence allowing the institutions to migrate their less critical data, and take time to monitor Cloud performance before migrating more critical data. By leveraging the Cloud, financial institutions are able to transform their business processes and grow in new sectors and regions without incurring huge costs for establishing a physical presence; new markets and services for the customers can easily be created with opportunities to develop new business models and hence increase profitability and growth of the institution.
Domain extensions refer to the different categories of Internet domain names that are currently available. A domain name is normally comprised of the website name and the domain extension.
for example google.com where google is the name of the website and .com is the domain extension.
There are several of types of domain extensions to choose from namely:
Friday, 30 January 2015 18:49
Today alot of websites are run using Content Management Systems (CMS). A content management System is a software system that provides website administration tools designed to allow users with little knowledge of web programming languages or markup languages to create and manage website contents with relative ease.
There are a range of different types of Content Management System that one can use to build a websites and the choice of which CMS to use comes down to a number of factors such as;
Friday, 30 January 2015 18:33
Almost all websites today have forms which enable users to submit information to the website. There are forms for user registering, forms for leaving comments on different articles or posts and also forms used to send messages /contact the administrators of the websites.
But there is one problem that all these forms face and that is “SPAM”.
According to oxford dictionary, SPAM is irrelevant or unsolicited messages sent over the internet typically to a large number of users for the purpose of advertising, phishing, spreading of malware etc
WhatsApp Messenger is a cross-platform mobile messaging app which allows you to exchange messages without having to pay for SMS. WhatsApp Messenger is available for iPhone, BlackBerry, Android, Windows Phone and Nokia.
Well you can now also use whatsapp on your computer.
To do this;
You will need is to install WhatsApp on your computer. But since WhatsApp is an android app not a windows application you will need to first install the Android emulator called bluestacks that will help your computer run the application.
Websites are becoming a necessity in Uganda today as people are starting to see the value of an online presence. Having a website makes it easy for potential clients to acquire information about ones business as well getting some services.
eBD offers quality website development and hosting services to enable companies and individuals acquire websites.
Wednesday, 01 October 2014 03:00
1) A website isn’t static; it’s dynamic. It’s ever-changing. The moment you accomplish something, you can add it to your website. You don’t need to print new copies of it and send it out to your contacts over and over; you just update it. People can continually come back and see what you’re up to.
2) Having a website makes you more findable. If all you have is a resume, you have to go out and hand it to people to get your name out. If someone wanted to look you up on the internet and you didn’t have a website, all they might get is a Facebook or Twitter profile.
However, if you have a website, you can be found by a much wider audience and control what it is they see first. This is key for establishing your personal brand and for highlighting your accomplishments.