MONAIZE

The modern banking system, as a rule, consist of two levels. They are based on the relationship in two planes: vertical relations of subordination of the Central Bank and on horizontal partnerships between commercial banks and other credit companies.

Thanks to the effective implementation by banks and credit organizations, their functions, the process of expanded reproduction, increased production efficiency, is monetary policy.

The banking system (Banking System) is a combination of various kinds of national banks and credit institutions in the framework of General monetary and credit mechanism.

Commercial banks traditionally take a leading place in the organization and implementation of cash payments. The most important banking operations, along with taking deposits and granting of loans applies and the payment and settlement functions (as evidenced by the fact that the settlements have not less than two thirds of the total operating time of Bank staff).

This served as a powerful incentive to a rapid expansion in banking, the latest methods of processing and transmission of information using electronic equipment and telecommunication networks. Using new technology, the banks seek to slow the growth of operating costs, reduce paper workflow, attract new customers and provide win in the struggle with competitors.

Despite the fact that every year there is a huge variety of financial instruments, enabling investors to make a profit, the majority of the population is in no hurry to use them. And prefer to invest the old fashioned way, namely Bank deposits. On this course there are many reasons, but the most important is the financial illiteracy of the population.

In the age of information technology in order to make any financial transaction, don't have to go to the Bank and stand there in long queues. To pay for the service, transfer money to their relatives or friends, to change the currency, control account and much more, where ever you are 24 hours 7 days a week, can be done through the Internet Bank.

Risks of use of the service

The failure to observe the necessary safety rules when using the Internet Bank, could lead to monetary losses. In this connection it is necessary when conducting any financial transactions online

to check whether the connection with the server of the Bank (whether the prefix https before the web address of the website of the organization) to prevent fraudulent use of resources;

to use a licensed version of anti-virus protection systems, protection against unauthorized access, from spyware;
do not leave the computer unattended.

after finishing work in the system of Internet banking have to logout, close the browser window with the interface of the Bank;

do not leave your login information and password on the computer, not to mention them to anyone;

every few months you need to change the password, login to Internet banking;

you should avoid using public access points to the Internet and work with online Bank using an unprotected access point to the network;

you should regularly monitor account statements (to avoid fraudulent withdrawal of small and large amounts).

But if you have a small business and you want to avoid almost all these problems, then you can help the project Monaize.

Monaize is a European e-banking platform that provides a mobile-first current account for freelancers and small
businesses. Using the latest technology, Monaize is the first platform to provide an instant KYB (Know Your Business) on-boarding process allowing users to create a business current account in less than five minutes with a smartphone.

Monaize will be expanding its services to the United States, Canada, South Africa, Australia and Malaysia in the coming years.

Download the free Monaize App, available on the AppStore and Google Play.
Open your business account in just a few minutes. Your Monaize Business Mastercard is dispatched in under 5 days.

More than just a simple banking solution, the Monaize e-banking platform evolves in order to constantly improve the lives and business trajectories of entrepreneurs.

Komodo Platform thrives on solving existing socio-economical problems through decentralized technologies and paving the way for a prosperous society.
They offer white-label services, a framework for decentralized applications, and various plug and play solutions for both businesses and developers. The platform features range from security and privacy to scalability. They have already made breakthroughs with fiat-pegged assets and blockchain interoperability.

Join and participate in the ICO of this project. The idea is very promising.

Site https://monaize.com

Whitepapper https://monaize.com/assets/pdf/monaize_whitepaper.pdf

Bitcointalk https://bitcointalk.org/index.php?topic=2277572

Twitter https://twitter.com/monaizeuk?lang=enTitle

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