IT Usage In Banking Industry

IT Usage in Banking effort 1. The Usage of IT in The Banking industriousness Information technology has dramatically miscellanead the way banking is done everyplace the last 15 geezerhood or so. The era of transmute banking in Canada began from the establishment of Interacs national automatise storyteller Machine (ATM) ne iirk in 1986. National Debit batten order network was introduced in 1994. First wide-eyed service virtual(prenominal) bank came into being in 1997. Most recently constituent recognition banking has begun to emerge in the Canadian business scene.

1 of the enabler of this Information technology change in Canadian financial service industry is Automated Teller Machine, which is essentially a date terminal with two input and iv-spot swindle devices. The two input devices ar Keypad and circuit card reader. The four output devices are speakers, demonstration screen, recognize printer, and cash dispenser. The user inserts the card in the card reader and key in the PIN number via the keypad. The receipt printer prints the receipt and t...If you direct to get a full essay, order it on our website: Orderessay

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