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Q: What is the use of technological innovation in banking sector?
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7ps of banking sector


What are the uses of statistics in Banking Sector?

The statistical tools are used in banking sector for making a decision.How do a bank invest their money in capital market or for lending to their customer,they have to use statistics.It is also use in forcusting in the banking sector.


What is the use of physics in banking sector?

Physics is used in the banking sector in various ways. The electronics used in the banking industry rely on physics and there is also the use of statistics which is part of physics as well.


How i can use knowledge of biotechnology in banking industry?

Not really you can use the knowledge of science in banking sector, but you can use your knowledge on understanding your clients background and assess their strength or quality of business they do.


How do you use sector in a sentence?

Because of the size of the town, the Marines had to clear out the enemy sector by sector. The stock market was down due to weakness in the banking sector. The equation for the area of a circular sector is [pi r2 (θ °/360°)].


Why would you prefer to go in a banking sector job?

because employee can satisfy and we can use our skills properly.


What are the five causes of technological progress?

1. Scientific Research 2. Innovation 3. Scale of the Market 4. Education & Experience 5. Natural Resource Use


What is finacle?

Finalcle is program whcih designed by infosys in 1999 this program is very helpful in banking sector every bank use it currently that program designed to address the core banking, e-banking, Islamic banking, treasury, wealth management and CRM requirements of retail, corporate and universal banks.


What is the use of Database management system in the banking sector?

This helps bankers to keep information in order. They can use it to put all of their customers information in one place to access easily.


Effect of computerization in banking sector?

Computerization has been a revolution in 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.


Role of computerization in the banking sector?

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.


What is the importance of statistics to banking sector?

Banks take your money and invest it into the stock-market and there is a trillion different ways statistics are use to analyze stocks. Basically the banking industry would collapse without statistics, or if a bunch of stupid people were in charge of it.