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(PDF) The Effects of information and communication technologies on the banking sector and the payments system | Anna Arbussà - Academia.edu

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class="ds-work-card--work-title">The Effects of information and communication technologies on the banking sector and the payments system</h1><div class="ds-work-card--work-authors ds-work-card--detail"><a class="ds-work-card--author js-wsj-grid-card-author ds2-5-body-md ds2-5-body-link" data-author-id="39142650" href="https://ugirona.academia.edu/AnnaArbuss%C3%A0"><img alt="Profile image of Anna Arbussà" class="ds-work-card--author-avatar" src="//a.academia-assets.com/images/s65_no_pic.png" />Anna Arbussà</a></div><p class="ds-work-card--detail ds2-5-body-sm">2001, TDX (Tesis Doctorals en Xarxa)</p><div class="ds-work-card--button-container"><button class="ds2-5-button js-swp-download-button" 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activities carried out in the banking industries are growing astronomically. This has consistently increased the amount of data processed by the banks, thereby making the conventional methods of data processing to be slow, prone to error, low productivity, insecurity, fraud and increase in resource personnel overhead. This paper is designed to examine the significance of Information and Communication Technology (ICT) in the development of the banking industry. Data was collected through questionnaires administered to both the staff of the bank and customers; and other sources of data were personal interview, textbooks and websites. The data is thereafter analyzed using percentage and chi-square methods. The espousal of ICT in the banking industry has improved the efficiencies of the bank, made global banking a reality and aids in making management decision timely and effective on the job. Hence, the successful implementation of ICT is a must for the development of any bank.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;IJERT-The Significance of Information and Communication Technology (ICT) in the Development of the Banking Industry&quot;,&quot;attachmentId&quot;:68078274,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/49888235/IJERT_The_Significance_of_Information_and_Communication_Technology_ICT_in_the_Development_of_the_Banking_Industry&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/49888235/IJERT_The_Significance_of_Information_and_Communication_Technology_ICT_in_the_Development_of_the_Banking_Industry"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="7" data-entity-id="66522096" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/66522096/The_Impact_of_Applying_New_Technologies_to_the_Development_of_Modern_Banking">The Impact of Applying New Technologies to the Development of Modern Banking</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="148767604" href="https://independent.academia.edu/DijanaGrahovac1">Dijana Grahovac</a></div><p class="ds-related-work--metadata ds2-5-body-xs">EMAN 2019 – Economics &amp; Management: How to Cope With Disrupted Times CONFERENCE PROCEEDINGS, 2019</p><p class="ds-related-work--abstract ds2-5-body-sm">With the development of new technologies and sort of technological revolution, every business has experienced a transformation, in terms of the need to introduce new technologies, in order to achieve the highest level of competitiveness in the changed conditions of the present time, in the era of globalization. Banking is one of the areas that has experienced significant changes in the way of doing business for the last decade through the digitalization process. New business models with clients have been developed, as well as new products, which modern technology allows. The paper presents differences between the modern and traditional banking, which were created by the introduction of modern technologies in this field, as well as some negative effects of such trends, which are primarily reflected in the reduction of the number of employees in this field.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;The Impact of Applying New Technologies to the Development of Modern Banking&quot;,&quot;attachmentId&quot;:77680563,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/66522096/The_Impact_of_Applying_New_Technologies_to_the_Development_of_Modern_Banking&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/66522096/The_Impact_of_Applying_New_Technologies_to_the_Development_of_Modern_Banking"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="8" data-entity-id="84612978" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/84612978/Impact_of_Information_Technology_on_Banking_Sector">Impact of Information Technology on Banking Sector</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="49977821" href="https://independent.academia.edu/SahooBibhu">Bibhu Sahoo</a></div><p class="ds-related-work--metadata ds2-5-body-xs">International Journal of Information Technology Computer Sciences Perspectives, 2014</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Impact of Information Technology on Banking Sector&quot;,&quot;attachmentId&quot;:89573779,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/84612978/Impact_of_Information_Technology_on_Banking_Sector&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/84612978/Impact_of_Information_Technology_on_Banking_Sector"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="9" data-entity-id="73927417" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/73927417/Digital_technology_in_the_realm_of_banking_A_review_of_literature">Digital technology in the realm of banking: A review of literature</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="59093738" href="https://independent.academia.edu/ShubhamSinghania2">Shubham Singhania</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2018</p><p class="ds-related-work--abstract ds2-5-body-sm">This paper reviews the theoretical literature on the growth of digital and information technology in the Indian banking industry. The stupendous advancements in digital technology have transformed the way banks operate. The commencement of the age of digital business has been disrupting the business environment and breaking out innovative and singular ways of doing business. One of the latest outcomes of this is digital banking. Digital banking technologies have escalated over the years, with the availability of a large portfolio of products such as deposits, ATMs, debit cards, mobile payments, and the like. There is an immense possibility of using the infrastructure of the digital age to create opportunities both local and global. The increase in competition and various other challenges in the banking sector are pushing the banks to adopt new digital models that present unique sources of value to them. This paper examines the extent and the direction of the effect of digital techno...</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Digital technology in the realm of banking: A review of literature&quot;,&quot;attachmentId&quot;:82266061,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/73927417/Digital_technology_in_the_realm_of_banking_A_review_of_literature&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/73927417/Digital_technology_in_the_realm_of_banking_A_review_of_literature"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div></div></div><div class="ds-sticky-ctas--wrapper js-loswp-sticky-ctas hidden"><div class="ds-sticky-ctas--grid-container"><div class="ds-sticky-ctas--container"><button class="ds2-5-button js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;continue-reading-button--sticky-ctas&quot;,&quot;attachmentId&quot;:107907825,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:null}">See full PDF</button><button class="ds2-5-button ds2-5-button--secondary js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;download-pdf-button--sticky-ctas&quot;,&quot;attachmentId&quot;:107907825,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:null}"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span>Download PDF</button></div></div></div><div class="ds-below-fold--grid-container"><div class="ds-work--container js-loswp-embedded-document"><div class="attachment_preview" data-attachment="Attachment_107907825" style="display: none"><div class="js-scribd-document-container"><div class="scribd--document-loading js-scribd-document-loader" style="display: block;"><img alt="Loading..." src="//a.academia-assets.com/images/loaders/paper-load.gif" /><p>Loading Preview</p></div></div><div style="text-align: center;"><div class="scribd--no-preview-alert js-preview-unavailable"><p>Sorry, preview is currently unavailable. 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