How technology has changed banking over the years
E-banking, online banking, net banking, etc. have completely changed the way banking is done today.
Now A Days Technology has made a Lot Of Changes in This Entire World. At Also It has Changed Banking Sectors Over The Years. At Traditional Time of Banking All the works were do by bankers itself by writing, filling details of accounts, maintaining the accounts, pass book has to fill by hand written by bankers, Debit and Credit Of cash payments, Lot of Labour are required, and a Lot of Papers. All The Works has to done by hand written by the Bankers a lot of time and hard work of the bankers has to give to the banks.
But Now in Moderns Days Technology has changed the working condition of the Banks Now they have fully Automatic Machines of cash Counting, Computers for filling up the details of the account, debit and credit of cash, ATM machines has been provided to the people so it is easy to take out money at any time no more coming to bank for taking out their moneys, need of Labour is reduced, requirements of the Lot of papers has been reduced.
Pass book update has been filled by machines The Technology has changed a lot of things now no more wastage of time and technology has Simplified The Work Of The Banks.
Due to Technological Advancements in the Banking Sector, the need of Labour and Paper been has reduced a Lot.
So, At the I Would Like to say that Technology has changed a lot of things in this world along with Banking Sector.
Thank You
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