Not yet registered? Create a OverBlog!

Create my blog

How advances in bank technology affect you

Either you are a frequent bank client or you are visiting your local bank branch once in a while to pay your bills, you should be informed about all the recent advances in banking technology. Read the following article and find out how advances in bank technology affect your transactions and your every day life as well.

Online banking

History Online banking, also known as E-banking or web banking, is a trend of the last decade. It was initially used by small or bigger business owners and corporate clients, who managed large amounts of money. Over the years, online banking became accessible to all bank customers who own a computer and has Internet access. How does it work? The use of online banking is simple and quick, and may have slight variations according to each bank. It usually requires a fast and easy registration process and probably a visit to your local bank branch as well. When this process is over, you can log in to your bank’s web site using the username and password provided by your bank. Depending on your bank, you may also need a small device that produces a unique code every time you want to use the online bank services. Why to use online banking?
You can use online banking for a vast variety of transactions. You can transfer money to your accounts, you can pay your bills, you can invest your money among others.

Credit card accounts

Advances in banking technology have facilitated the use and management of credit cards. Benefit for bank clients The wide use of the Internet allows credit cards owners to manage their credit card accounts online and pay their credit card bills through the banks’ web site. Benefit for banks
On the other hand, advances in banking technology has facilitated fraud management and has eliminated identity theft cases.

Recruitment technology

Advances in banking technology have also facilitated the labour market. Banking recruitment technology allows individuals seeking for bank jobs to enter numerous bank web sites within seconds, search for job vacancies, apply for any position that they are interested in and even submit their curriculum vitae for future job vacancies.

Same category articles Banking

How to find genuine online jobs at home

How to find genuine online jobs at home

There are now many people look for work from home jobs which are genuine. The problem is that there are thousands of potential opportunities which are scams. It makes it important to be able to tell the difference between the legitimate and fake online business opportunities.
What does a credit card check involve?

What does a credit card check involve?

A credit card check or simply performing a credit check involves a simple process which may be free or cost you a fee depending on where you live or the circumstances. To get your credit score, you will need to know where to look and what to expect. Here, we will look at the means to check your credit independently.
SunTrust bank locations in the U.S

SunTrust bank locations in the U.S

SunTrust Banks Inc is one of the United States largest financial services holding companies with assets exceeding $170 billion as of 31March 2011.
How to get a residential mortgage

How to get a residential mortgage

If you are planning to buy a residential property, you may want to take a residential mortgage. The lender will use the property you are buying as security. In the event that you default on your payments, the lender has the right to repossess the property or sell it to get their money back. The lender, in this case, could be your bank or any financial institution that you will be dealing with.