Domain: Strategic Management
As business activities become more and more active in the online environment, banking functions are also required to adapt themselves so to support industrial growth. Bank of America is one of the most reputed banks in the U.S for delivering online banking services. Although the bank has progressed much, it was not without efforts taken towards risk mitigation. When banks become active and serve a large number of customers through their online platform, it becomes all the more essential for it to implement risk mitigation strategies and ensure lower credit risks. The present study evaluates the various types of risks which the bank faces in their online segment and how the firm plans to mitigate such risks. The research carried out reveals that credit default and breach of security of customer sensitive information are the main forms of risks faced in the online realm. The various strategies adopted by the bank to ensure better delivery of services in the online segment have been thrown light upon, for understating how the bank is able to maintain their superior position in the online banking industry of the U.S.
Our editors make sure that there’s not even a speck of copied content in your paper. We’ve got the best anti-plagiarism software.
Not once since our inception has there been a delay in any submission whatsoever – let the words of our existing customers tell you this, in the 'Testimonials' section.
No points in guessing – our research associates are the best in the business. The quality of the content in your paper stays premium.
We strive to assure that your paper is exclusive. We stick to your instructions on the way you want your paper to be written.
Our agents are at your service to attend to anything that you have to say. We value each customer like you’re the only one.
Although we would like to be optimistic, but in case you’re unsatisfied with our services, we offer a complete refund as a gesture of apology.