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Most banks now offer online banking features

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16y ago

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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


How will computers are useful in banking?

Do you mean how will computers be important in banking ? Because that doiesent make much sense


What are some disadvantagesof using computers in a 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. The only disadvantage I can think of is the fact that, if the computers of a bank fail, the bank will be unable to carry out its banking operations until it is back up and operating like before.


What is the concert of computerization in banking system?

Computerization has been a revolution 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.


Impact of computerization in banking system?

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.


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 electronic invention has made possible the use of computers, electronic banking machines, and even satelites in space?

cpu


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.


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.


What are the uses of computer in banking?

The make for rapid calculation record keeping and transactions.


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

state two uses of computers in banking