Running Head : Computer generated technology is without delay world at every step and every avenue of angiotensin converting enzymes spirit at home at school at pip , on the street at hospital , the use of cell phones smart cards lasers weapons traffic systems banking transport and numerous to a greater extent areas are dependant on this device . Life has been invaded and continues to be inundated by this , on the one hand easier , provided the increasing dependence is affecting man in more ways (Greg , 2007A overbold era of technological advancements has begun and is dramatically ever-changing and affecting our lives and stemmaes . With instant transfer of news and breeding , speedy travel , the concept of time and space is unite with virtuality . convergence of time zones and geographical boundaries in seconds i s changing concepts of communicationThe banking constancy has go through a vividly striking and wide boost out-of-pocket to technological advancements (Ward , 2006 .
Almost all banking transactions are now carried out via computerization , be it funds transfer be it account information be it cashing or depositing be it dispersion of information to clients , everything is now a rupture away on with this there has been a gigantic swot up in the gross revenue level and operational clients unattached for the banking industry . Due to lucre and ecommerce services a all in all new tar rent market is now avail able for the banks . In addition , the intro! duction of network and ecommerce had lead to launch of new products , product customization and banks stepping into the insurance business , leading to both...If you want to get a full essay, govern it on our website:
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