what is the uses of IT in banking setor
Answers
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:
IT is used for communication between sections of each bank, for communications between banks, for communication between local call centers and European customers, and for communication and data transmission between data suppliers in Pakistan and bank operations in Europe.
The ongoing revolution of Information technology (IT) has been assisting the industrialized and emerging markets, including the banking sector in their inter-operable systems.