Skip to main content

Upcoming trends worlwide:Banking cheques via photos.

Banks in the UK are revolutionising cheque payments.They are working

on introducing digital payment of cheques via cell phones. Gone will

be the days that depositing money, to an individuals bank account took

at least six days.The ease and speed of wiring the money to a person's

or business account will take less than a maximum of two days.



Welcome to what is perceived as an era and generation moving into

totally paperless banking.It is an analysts bet that as time goes by,

more forms of using paper to cash or withdraw money will be put an

end.Take for example, depositing fees into a student's school

account.It is done directly.Paper cheques are used as means to

justify/evidence of activity in a person's bank account.



Barclays is planning on introducing mobile cheque paymenys via taking

photos.The photos will not be stored in the phone's memory directly in

case a thief steals it.However,this mode of transaction will not be

available till late of 2014.The pilot test is expected in April 2014.



The UK is expected to pass a law on thisnew mobile technique in order

to improve banking services.Research shows that more people especially

youths are moving into electronic banking as a means of transaction.It

coincides also with the trend in which bakks are closing their

branches to minimise costs as less people visit branches.

Popular posts from this blog

Producing electricity from roads

A mexican scientist Marcias Hernandez has developed a system through which can help generate electricity using automobiles. The concept he developed is not new because other methods exists but is cheaper and less complicated. Other conventional methods have been using  pizoelectric effect to generate electrity. Energy is driven from the stress exerted by moving vehicles. The energy is then coverted into electricity and stored in batteries by the roadside. Marcias new invention involves the use of trumps, which moving vehicles exert pressure when running over a polymer ramp. Air is then forced at high pressure into a storage tank via hose pipes where it is stored and released. When it accumulates, it drives a turbine built underground. The turbine will then use this kinetic energy to be converted into electric energy by the generators. Israel has already constructed such a road system that is able to generate electricity.
Read more

Laptop with 1.3kg weight: HP spectre x360 specs.

The HP Spectre x360 is a laptop which is not only eye catching and entertaining but also powerful. It boasts of the 7th generation Kaby Lake CPU processor with 16GB of RAM and 512GB Harddisk. This ensures higher efficiency and speed when playing video games, using the internet and processing data. The performance of the CPU is enhanced with Intel HD Graphics 620 supporting a resolution of 1920x1080. Why the kaby lake Intel 7th generation processor? It has an average CPU clock speed base clock of 4.0GHZ and turbo boost clock of 4.5GHZ. Why the Intel HD Graphics 620? It depends on the 64 bit DDR3/DDR4 memory for it's cache and is compatible with the kaby lake processor.Moreover it has an overall speed of 1050 MHZ for graphic processing on the 4k ultra HD screen with 8million pixels. Why it is the best laptop? The laptop not only comes with the best speakers (Bang & Olufsen) but also an extra speaker at the bottom of the laptop. That makes it three speakers for optimal and enhance...
Read more

Latest Samsung phone/best phone to come/iPhone 5 rival.The new Samsung S5

Samsung has been rumoured to be developing a new smartphone to rival Apple's iPhone5.The Samsung Galaxy S5. The phone is expected to rival other key touchphones such as LG G2 and Google Nexus which are one of the most rated smartphones in the market. Expected features '''''''''''''''''''''''''''''''' 16megapixel cameras both at the rear and front view panel.This is to replace 13megapixel camera found in Galaxy S3. An LCD display screen as opposed to the OMLED display in Galaxy S4.The screen is expected to provide high quality graphical and pictural display than its counterpart.The screen resolution as result of LCD will also be boosted to a capacitative 2560*1440 display. A 3GBRAM is expected to be installed in the hardware which sources have claimed that the company is currently developing 3G chips for small devices as evidence.The RAM is expected to boo...
Read more