Computers in banks are used to manage transactions, maintain customer accounts, and process financial data efficiently. They facilitate online banking services, enabling customers to perform transactions, access statements, and apply for loans. Additionally, banks utilize advanced software for risk management, fraud detection, and regulatory compliance. Overall, computers enhance operational efficiency and improve customer service in the banking sector.
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Computers are used for almost everything in banks. Ex:To store customer informationTo perform transactions like deposit/withdrawalsetc
Banks use a wide range of computers to carry out regular, day-to-day operations. There are Mainframe computers, minicomputers, and personal computers. An example of a mainframe computer that a bank would use would be Fujitsu-ICL VME and BS2000 machines. Minicomputers used in banks include the Wang Laboratories 2200 and VS series and Nova from Data General. Personal computers used in banks include tablet PCs, notebooks and laptops, desktop computers, palmtop computers, programmable calculators and personal digital assistants. Sources: http://www.ehow.com/list_7219907_types-computers-used-banks.html
state two uses of computers in banking
banks and engineering firms
Yes, they rely heavily on computers.
The computer is a calculation machine is create all transaction and calculate the all query easily so that all are banks is used to the computer because this is a very simple technology.
Most banks now offer online banking features
The banks
why computers used in government
Computers are used for everything
Banks use it to protect their clients' details; military and government organisations use it to keep important information secret.