How is Technology impacting the Banking sector?

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133 comments Page 13 of 14.

Faizan Azam said:   6 years ago
Technology is impacting banking sector because nowadays people mostly use net banking and not many people use banking sector.

There is a reason for that and it is that banking sector is unsafe for us because we can be a rip off by frauds but in net transaction, no frauds can rip off us.

Shishir said:   7 years ago
Technology is impacting banking sector drastically. Now days are gone when a person has to stay in a queue for hours for his transections now it can be done even from a room within a minute. In banks, technology has reduced the man work and make bank free from bundles of files.

Krish said:   7 years ago
In my view, first of all, change their system for those people are they live in rural areas for their small transaction in their mobile phones (not smartphones).

Because many of the peoples do not have a smartphone. And put it on some of the small machinations for small works.

Sapna said:   7 years ago
Through technology there are various changes takes place in banking sector are-

Data becomes secure.

Easy access of information.

Payments become easy by the use of plastic money.

Money can be easily transferred from one person to another person, from bank to another bank.

Neevadha said:   5 years ago
The banking sector is one of the growing sectors but our technology is a good part of this. Today is a money world want to save us our money using banking its very useful to technology also. Nowadays lots of technology using the banking sector. But it's not enough.

Adi said:   7 years ago
Yes, I think technologies gives us the new modern method to solve any type of banking problems very easily.

Technologies in banking sector providing the secure environment of transactions of customers. Many years ago the transaction problems are solved easily.

Bishwajit das said:   7 years ago
Yes, it is sure that technology has a great positive effect on the banking sector. Technology has made the banking system more convenient to both customers as well as to employees. From withdrawal to deposit everything can be done within a short time.

CHATLA.SAIKUMAR said:   7 years ago
Hai everyone.

Nowadays, all most all banks use the net banking. So this system faces some cyber problems and usefully of people. But main reasons is decreased the cyber problems. This problem main impact on the banking sector.

Shivani jha said:   7 years ago
Hi, Myself Shivani Jha.

A/c to me, technology really impact the banking sector because nowadays most of the work is done on home online no need to go to the bank and stand 3-4 hours in a crew.

Vishnu said:   6 years ago
Nowadays, e-robbing is more. When we do the online transfer, some people hack our information. When we swipe our cards, they place a skimmer in the machine and they hack that also.

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