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If the bank has wireless networks, can use, otherwise use wireless card

http://www.mobilepowermall.com/

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Marielle Hane

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2y ago
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8y ago

Account Management

In banking, activities start with banks automating customer accounts, which allows personnel to create, update and maintain customer records. Banking hardware and software have enhanced the accuracy of accounts that tellers and other banking personnel process. Banking software performs customer transactions through a centralized data record system. Account management is the genesis and backbone of all banking information systems.

Hardware Technology

In the 1960s, bank hardware consisted of a mainframe and a punch card machine. Punch cards contained customer account information and were read into the main system by a punch card machine. Midrange and client/server hardware configurations, which are no larger than a minitower system, can run an entire bank in addition to receiving transactions from affiliated bank branches. These new hardware technologies can process more transactions than legacy banking hardware systems. Hardware technologies have enabled advances into wireless banking and telecommunications banking.

Electronic Transactions

Banking systems must perform electronic transactions. Direct deposit is an example of an electronic transaction. Computers processing electronic transactions must have hardware and software encryption capabilities to keep data from being compromised during a transmission. After the computer performs electronic transmissions, it transfer the information to the main computer system for processing and updating. Banks have extended electronic transaction capabilities through landline and cell phones, the internet and ATMs.

Web-based Banking

Web-based banking systems use a dedicated server through a bank network system. An area of the banking system is partitioned for Internet applications. Web-based banking systems by law must include secure servers and authenticated certificates regarding transactions from the Federal Deposit Insurance Company and the Federal Reserve Board. Customers who choose to bank online can access their account through a web interface, which integrates with the main computer. A customer's credentials -- user ID and password -- pass through several checkpoints before entering the main system to perform a web-based transaction.

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7y ago

Computers are used in a variety of ways in a bank.

Security - Monitoring and controlling all of the CCTV within a building
Clerk - Handling all money transactions and requests from customers
ATMs - Giving money to account holders etc.

The List is endless for the amount of computers used in a bank.

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11y ago
  • computers are used in banks in the automatic teller machine.
  • They are also used in cameras which are used to make sure no one steals money.
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11y ago

If the bank has wireless networks, can use, otherwise use wireless card

http://www.mobilepowermall.com/

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Q: How computers are used in banks?
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Related questions

How many computers are used in banks?

500


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 are uses of computers in banks besides cash points and clearing cheques?

state two uses of computers in banking


Is there any use of technology in banks?

Yes, they rely heavily on computers.


The two organisations which uses mainframe computers?

banks and engineering firms


Why are computers used at the bank?

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.


How are computers used on earth?

Computers are used for everything


What are computers used for in government?

why computers used in government


What are the places where computers are used?

School, Colleges,Hospitals,Industry,Railways,airlines,banks and Communications School, Colleges,Hospitals,Industry,Railways,airlines,banks and Communications computers are also used in airports, seaports, insurance companies, security units like Army, Navy etc.


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