How is Technology impacting the Banking sector?

Technology very first growing in the world new technology new fetuses it is good. But we are forgetting village area. New technology did not reach villages are. First thing reached villages area everyone used urban area. Villages people do not use in our country. How to operate technology. Banking sector technology are very important now a day don't have a time, so transacting system easy to proceed net banking mobile banking easy to transaction account to account.

This is the good topic towards our society. Day by day our technology are improving and everyone follows up on the scientific world. Likely technology has been developed our banking sectors also. In my point of view banking sector fully computerized. Even uneducated people also learning new things due to our technology improvement. Within second, we are transferring big amount, we are shopping using our debit cards. We are taking amount from atm during our difficult situations without going to bank. Now we are standing almost edge of developed country.

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.

In olden days there is no mobiles so we are going to banks stand on big lines to get their money or deposit but nowadays the problems can easily solve. Because day to day, technology improves. Each and everyone having mobiles in our mobiles they can easily transaction our money, paying electricity bills each and every one there should be done in our mobiles. That's why there is no standing in front of banks. It's can be done in easily your homes. So our time will not be the wasted within 5min it's to be our work will be completed.

I am in favour of this 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 that changing our lifestyles.

Olden days we used stand on big lines to get money or to deposit. But the technology changing in a very big way.

On the positive side, there is drastic impact like we can transfer funds quickly, check balance, ECS services and many other services through internet banking and mobile banking. On the other hand, we can fear about the security of our money.