How is Technology impacting the Banking sector?
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136 comments Page 10 of 14.
RAJESH SINGH said:
8 years ago
It is a good topic - Because, nowadays we are using all our transaction via the internet and the mobile phones. So we can't able to waste our time by standing in a queue and we can make all our transaction, bills within 5 mins. So these technology helps to the human.
So, the technology has been one of the most important factors for the development of humanity, and this growth has been strongly supported by the development in the field of technology.
So, the technology has been one of the most important factors for the development of humanity, and this growth has been strongly supported by the development in the field of technology.
(3)
Gaurav said:
8 years ago
Technololy has made banking very easy for the technology friendly people. We can make accounts online, transfer money, pay for our products, get loans easily. It rescued people from long queues and also saved peples time. In banks like hdfc, icici, idbi their most of the transactions are online. It also keeps our transaction details properly so no more reciepts. Artificial intelligence has made all the banking products available ti customers at home.
(15)
Shubham Mittal said:
7 years ago
In my opinion, Technology has taken dignified position in banking sector in doing all the transactions at a single window. Over the last few years, more than 10 Cr users have connected with banking services and it all happened due to new technological advancement that is being adopted by each bank towards a quick upsurge.
Since Net banking and Mobile banking options are introduced for users, the process of transferring money has become easy.
Since Net banking and Mobile banking options are introduced for users, the process of transferring money has become easy.
(26)
M Ramu said:
9 years ago
Yes, of-course Technology is very much needed to handle the increasing number of transactions with utmost accuracy. It is reducing the work burden of handling ledgers when compared to olden days. Sometimes you will appreciate the old system of taking money across the counter where hackers overtake the loopholes in technology. Now, we have to think about how best we can design our hardware to protect the hacking from all sorts of banking.
(4)
Naveena D said:
8 years ago
Good Evening Friends,
According to me, Nowadays technology is very improved. Especially for banking system was improved by the technology development. Security of the banking process well performed.
Even though there are some illegal issues and corruptions done by the some peoples. Recently, there are many problems and scam in the banking. So technology will be helpful for peoples as well as it is leads to corruptions for scamp.
According to me, Nowadays technology is very improved. Especially for banking system was improved by the technology development. Security of the banking process well performed.
Even though there are some illegal issues and corruptions done by the some peoples. Recently, there are many problems and scam in the banking. So technology will be helpful for peoples as well as it is leads to corruptions for scamp.
(7)
Emmanuel Unique said:
3 years ago
Hello everyone.
I am Emmanuel Unique.
I think technology serves as the blood which passes all sectors of life. The impact of technology to banks can't be overemphasized. As technology makes the banking process easier and more comfortable. Back in the days, a long queue to the bank was the order of the day. But with technology, it may take someone years without even going to the bank to transact. I can do it online.
I am Emmanuel Unique.
I think technology serves as the blood which passes all sectors of life. The impact of technology to banks can't be overemphasized. As technology makes the banking process easier and more comfortable. Back in the days, a long queue to the bank was the order of the day. But with technology, it may take someone years without even going to the bank to transact. I can do it online.
(22)
Ashish said:
9 years ago
Yes, its true that technology is impacting a lot in banking system. As due to that long queues in front of teller is now a old school fact. Working become fast, transaction either nationally or internationally is just a piece of cake. Also as all accounts are electronically monitored no fraud of black money and illegal accounts can take place which plays a very great role indirectly in uplifting country's economy.
(7)
Hanumansingh said:
7 years ago
According to my views, the technology beneficial for banking because it does our work easy. We can send money, transfer money, read all condition for open an account.
But sometimes it is harmful to us because some people do its misuse and steal money, hack a computer, disturb bank people.
So, the technology can good for our if we use it in the right way and harmful for our if we use in a bad way.
Thank you.
But sometimes it is harmful to us because some people do its misuse and steal money, hack a computer, disturb bank people.
So, the technology can good for our if we use it in the right way and harmful for our if we use in a bad way.
Thank you.
(32)
Arundeva said:
8 years ago
Really its a big impact on our life. You cannot lead your life without bank sector is not possible in our day to day life. If you want buy an online product using your credit card. Even supermarket also have credit card machine. Very to easy to handle to transfer money. If you want to share money at any time you use net banking simple way to transfer anywhere. Don't go to the bank with that formality to do.
(5)
Vishal laxmeshwar said:
8 years ago
Technology adoption in the banking sector has both positive and negative impact.
Positive approaches, like it leads to the modern touch to the banking sectors, which is saving times by online transaction like mobile banking, online transaction etc.
But, at the same time, the unsecured technology may also leads to "ramson malware" where hackers may hack our account details and may lock our transactions.
Positive approaches, like it leads to the modern touch to the banking sectors, which is saving times by online transaction like mobile banking, online transaction etc.
But, at the same time, the unsecured technology may also leads to "ramson malware" where hackers may hack our account details and may lock our transactions.
(5)
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