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How New Technology Has Brought About The Changes In The Bank
Date Submitted: 07/09/2004 20:34:54
Category: / Science & Technology
Length: 4 pages (1160 words)
Views: 97686
How New Technology Has Brought About The Changes In The Banking Industry. The new technology has brought rapid changes in the banking industry and financial services. Online banking and electronic payment systems are the new development and diffusion of technology by financial institutions and are expected to result in a more efficient banking system. In addition to the trend of online banks, they have proven to last longer in the banking system. Technology has changed …
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…locations. Most ATM discloses the incurring of a surcharge on the terminal screen or on a sign next to the screen. More over they physically provide cash. Finally for my conclusion the banking industry has changed for the better because of technology .it is better, faster and easier. At the current ratio of technological improvements, Internet banking and other technology affiliated systems of banking are sure to be established as the new ways of banking.
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