How technology has changed banking over the years

E-banking, online banking, net banking, etc. have completely changed the way banking is done today.

Since 18th century, the banking sector has been updating and it is known as the oldest business in the world. Itbhas progressed himself and getting development with every passing years. And this industry is getting development with the technology.
 As we know that in bank there are many work of paper has been done with the employees of banks. And with the help of technology advancements the need of labour and papers now getting reduce a lot in the banking sector.

As we can relate with us also because all of us also being effected by the technology. We do all the things with technology like shopping, ordering. So, through net banking payment is done very easily we can transfer money from one bank to another and allowed to order for cheque books, can check the balance, make payment and we can create fixed deposit as well. 

By technology the error become negligible. When all the work depends upon the employees of the bank the error may be find in calculation. Another benefits is that the documents is now safe by technology the transaction become safe, data safety become more accurate. These are the development is done in the banking sector.

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