TOZZIBLINKZ
VIP Contributor
The the banking sector today is security and knowledgeably equipped as a result of technology . The impact of technology on the banking sector is inexhaustible . the advent of the internet and the popularity of personal on computer present both an opportunity for the banking sector . Throughout the years financial institutions have made proper use of computer buy powerfully automating millions of daily transactions , and today the only paper record is the customers received at the point of sale .
Client and customers are connected to the internet via their own personal computers which enable them to perform banking activities without even going to the bank , this act is known as " online banking " which is a powerful tool that banks used to attract and retain customers while helping to eliminate costly paper handing and teller interactions in the banking environment . Finally with the help of technology most Banks who initially could not offer full secure functional free banking activities now I able to do so , for example a customer now is able to view his or her account balance and history but not initiate transactions online . in conclusion as more banks succeed online and more customers use their sites . Fully functional online banking will become more as commonplace as automated Teller machines .
Client and customers are connected to the internet via their own personal computers which enable them to perform banking activities without even going to the bank , this act is known as " online banking " which is a powerful tool that banks used to attract and retain customers while helping to eliminate costly paper handing and teller interactions in the banking environment . Finally with the help of technology most Banks who initially could not offer full secure functional free banking activities now I able to do so , for example a customer now is able to view his or her account balance and history but not initiate transactions online . in conclusion as more banks succeed online and more customers use their sites . Fully functional online banking will become more as commonplace as automated Teller machines .