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The impact of computer in the banking sector?

The impact of computers in the banking sector cannot be understated. Computers have transformed every aspect of the banking industry


What are the applications of computer in banking sector?

Computerization has revolutionized the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better and wider range of services to their customers. Internet banking, mobile banking, ATMs etc. are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers.


What industry does banking come under?

Banking falls under the financial industry. The Federal Reserve is the central banking system of the US. Each state has its own Department of Financial Institutions, which oversees the banking industry.


Use of computer in banks?

they can store records and other things on the computer, for your saftey. its also faster, easier and more secure to do it on a computer. on a computer they can see if its you taking out money, how much you have in the bank and they can see if you have the right credit card number by checking it on a database


Why does computer used in bank?

Computerization has been a revolutionized the banking industry. The advent of the usage of computers has enormously increased the banking capabilities of the banks and they are able to offer better and wider range of services to their customers. Internet banking, mobile banking, ATMs etc. are all the fruits of computerization of the banking industry. Banks are able to expand at a great rate and offer services to more and more customers because of the use of computers.


Is home banking and internet banking and modem banking gives same meaning?

First of all, home banking is under modem banking (It can be also corporate banking). Answering your question - No, it doesn't give same meaning. Modem banking provides access to bank account by using a modem, a computer and specialized software on the client side. Internet banking gives an access through secure website - anywhere you are, you don't have to have any software, as it is is modem B.


Where did the banking industry start?

The banking industry started in h late middle ages, at fairs where money was exchanged


How does the French government deal with the banking industry?

tendency to interfere with the banking industry if prospective acquisitions appeared to threaten jobs.


What is the meaning of remote banking?

rural banking


How can you get into a career in the banking industry?

You will have a better chance in the banking industry if you at least have an associate degree in in business or finance. Many positions are not open to anyone who does not have a degree. Try internships or trainee positions if you are serious about breaking into the banking industry.


How competitive is the banking industry in Ghana?

American banks that do banking business in Ghana


How does politics affect the banking industry?

Yes, politics greatly affect the banking industry. Government policies affects the economy of a nation which involves its banking industry. An example is the case of the Great recession which affected many banks around the world.