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What is Technological Advancements in Banking about?

The document discusses technological developments in the banking sector, including the origins of banking in Italy and the establishment of early banks like the Bank of Venice. It then covers how banks have used information technology to improve efficiency, profitability, and cost control. Some key technologies discussed are automatic teller machines, telephone banking, home banking, credit cards, personal loans, and internet banking. All of these allow customers convenient access to banking services remote

Author

Prabhu

Language

EN