Question

List the various uses of IT in a banking system.

Answer 1

Answer:

Answer: Customers benefits from ATM cards, cash deposit machines, online banking, mobile banking etc. With the help of technology, banks are able to reach out to more customers and provide better services to them. It helps banks function in an organized way, that means it is used in all the banks systems.

Answer 2

Explanation:

Customers benefits from ATM cards, cash deposit machines, online banking, mobile banking etc. With the help of technology, banks are able to reach out to more customers and provide better services to them. It helps banks function in an organized way, that means it is used in all the banks systems.