what are the challenges in the modern banking sectors and give suggestions
Answers
Answer:
Cyber-Security Issues in Banking;
In today's Era of the modern banking world, Fraud detection and security issues are a big and costly headache for the banking industry. Today majority of the Banking customers are moving away from using cash and checks and relying more on electronic banking to complete transactions.
Explanation:
Answer:
the challenges are:-
* people want to borrow money from bank but they dont have proper property to submit in bank so that they can sell if in case they failed to repay the loan.
* they have a limited amount of money in bank and they cant give money to all people who came to withdraw money
* money is given to withdrawer from the money gave by people to deposit their money
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