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In banks, computers enable a wide range of functions including processing transactions, managing customer accounts, and analyzing financial data. They facilitate online banking services, allowing customers to perform transactions remotely, and support secure communication through encryption. Additionally, computers are essential for regulatory compliance, fraud detection, and risk management, ensuring the bank operates efficiently and securely.
What else can I help you with?
How many computers are used in banks?
500
What are uses of computers in banks besides cash points and clearing cheques?
state two uses of computers in banking
The two organisations which uses mainframe computers?
banks and engineering firms
Is there any use of technology in banks?
Yes, they rely heavily on computers.
Name two jobs that it would be impossible to perform without computers?
The banks
How do you use computers in banking?
Most banks now offer online banking features
How does a bank use their computers?
Computers are used for almost everything in banks. Ex:To store customer informationTo perform transactions like deposit/withdrawalsetc
What type of computer would a multi-national bank tend to use?
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
What relates to computers?
Electricity, binary, people, banks, games, calculations, data - take your pick.
How computers used in banks?
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.
With what can users access account balances pay bills and copy monthly transactions from a banks computer right into their personal computers?
People can access their account balances on their personal computers, by visiting their banks website. Users can log in, pay bills and view monthly statements.
Computer fraud and abuse act was passed in 1986 to combat?
Hacking, particularly involving banks and government computers.
