list the various of IT in a banking system
Answers
Answer:
The following are the uses of IT ( Information technology) in the banking system are:
* The information technology is the mainly computer base tool that actually support various types of information of the organization. This is also used for communication purpose between the various banks in the banking sector.
* Online banking is the main application that are based on the IT. It is also known as internet banking as we it can operate over the internet. By using the online banking we can easily get our banking statement on our smartphones and laptops.
* We can also done various transaction such as account transfer, paying bill without going to the bank. It is one of the effective way and time saving technique.
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