IT in Banking

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Title: IT in Banking

Essay Details:

Subject: Miscellaneous

Author: Paul H

Date: February 6, 2013

Level: University

Grade: C

Length: 2 / 442

Essay text:

In the past the banks used to work manually but with the rising times and ever increasing needs and demands of the people, new technologies have evolved that promise better qualitative assurance to the people. Today, our banking sector is facing huge number of challenges to survive and run with the changing economic environment. Thus promising new technologies are constantly emerging which require tough choices and intelligent resource allocation, also customer experience is becoming a standard and a constant balance between growth priorities and cost considerations is required. To subdue these challenges and run in a successful manner technology is and will continue to be the key enabler in the survival game...

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