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The term login comes from the verb (to) log in and by analogy with the verb to clock in. Computer systems keep a log of users' access to the system. The term "log" comes from the chip log which was historically used to record distance traveled at sea and was recorded in a ship's log or logbook.
The Central Bank of Lesotho (Sotho: Banka e Kholo ea Lesotho) is the central bank of Lesotho, in southern Africa. The bank is located in Maseru and its current governor is Dr. Emmanuel Letete (effective from June 2022). The bank was established in 1978 as the Lesotho Monetary Authority. [2]
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Midas became the standard package for banks off shore operations (and some domestic wholesale banking operations) worldwide by the end of the 1970s, and thanks to that early leadership it has been argued that Midas is (or was) the world's most successful banking system. In the 1970s and 1980s the Midas family of banking-packages led the market ...
The Avaloq Banking Suite software is used by over 450 customers including HSBC, Barclays, Royal Bank of Scotland, UBS, Deutsche Bank, Nomura and Societe Generale. [1] Some of the customers have performed business process outsourcing to Avaloq itself for the actual running of the core computing service, which uses cloud computing .
The Soviet Union was the first jurisdiction to implement a single-tier banking system, which took shape as part of the New Economic Policy in the early 1920s following the financial dislocation of the first few years following the Russian Revolution, during which all banks' assets were nationalized and liabilities canceled in late 1917 and banking was declared a state monopoly.