what technology is use in the banking industry
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Leveraging blockchain enables banks to enhance their payment and remittance processing, and their data-sharing procedures in collaboration within institutions.
So, let's take a tour of the top 5 new technologies that are worth investing in for the banking sector.
Blockchain.
Artificial Intelligence.
Mobile Banking.
Customer Relationship Management (CRM).
Cybersecurity.
Etc.
Information Technology enables sophisticated product development, better market infrastructure, implementation of reliable techniques for control of risks and helps the financial intermediaries to reach geographically distant and diversified markets. Internet has significantly influenced delivery channels of the banks.
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