Information Technology in the Banking World

It is this awesome computing power at continuously falling prices and the computers being networked over global telecom highways that is leading to the use of Information Technology in every sector of human activity be it communication, banking, trading, learning and teaching, entertainment, socializing, government, management and library work. ... Due mostly to mass transportation and mass media, the world seems to be a much smaller place. ... The information technology umbrella can be quite large, covering many fields. ... When computer and communications technologies are combined, the resul...

• Word Count: 1942
• Approx Pages: 8
• Grade Level: Undergraduate

Since 1974, this structure has become increasingly dependent for economic growth on information technology innovations, coupled with job creation through small business establishments. ... More than high technology is involved in an information economy. The largest sectors in rank order are health and medical services, banking and credit, insurance, education, telephone and telegraph, research and development, and advertising. ... Information technology is both an industry and a modernizing force. ... So technology specially the field of Information technology will be a smart choice for any na...

• Word Count: 757
• Approx Pages: 3
• Has Bibliography
• Grade Level: Graduate

No sensible decision can be made any longer without taking into account not only the world as it is, but the world as it will be...This, in turn, means that our statesmen, our businessmen, our everyman must take on a science fictional way of thinking. ... It is making your home safer, protecting your kids and making this world a better place to live or making you redundant. ... Looking back at information technology revolution now, manufacturing was first to be transformed in 1980's and 1990's. ... Next was banking when ATM and home banking made clerks redundant. ... Today the who...

• Word Count: 1376
• Approx Pages: 6
• Grade Level: Undergraduate

The organization should provide a blend of integrity, value and authority to make global e-business and technologies more efficient by facilitating the development of systems that include a variety of approaches in dealing with harmful and illegal content. ... I will be able to access and use the services of leading physicians and surgeons simultaneously from different countries around the world. ... Secure information technology systems will help protect and empower internet users like me to be more confident in using the internet for shopping, learning, doing research work, banking, etc. .....

• Word Count: 593
• Approx Pages: 2
• Grade Level: Undergraduate

"Private details of one's life can be on record anywhere without one's knowledge" In a highly developed nation like Australia all citizens have the privilege of taking full use of information technology, making life easier for all, from the conveniences of banking on the internet to registering the car. Information technology is changing the way a society operates and conducts itself. ... Where it is on the World Wide Web, on some government department records or stored in bank vaults, readily available information is everywhere and the repercussions have put our identities in j...

• Word Count: 877
• Approx Pages: 4
• Grade Level: Undergraduate

One of the recent innovations the internet made available is online commerce, which includes online shopping, online banking, online trading and many more. This opens up a new international world of trading. ... This is not true anymore with the expansion of the internet to include online banking. ... The "information superhighway", as any other invention, has its strengths residing in its popular aspects - the World Wide Web, email, online commerce, and many others. ... I believe, however, that these drawbacks will be overcome in time as technology advances and methods of securely transmittin...

• Word Count: 740
• Approx Pages: 3
• Grade Level: Undergraduate

Well this is very noticeable in all sectors or industry of the Nigeria economy oil industry, aviation industry, education, health, manufacturing, information technology and to mention a few the banking industries. ... Since technology is the key driver of change. ... • The level of information technology/ internet in the development of the banking sector 1.5 RESEARCH DESIGN This dissertation is mostly qualitatively based type and most of the information gathered are secondary data and mostly theoretical. ... Information obtained can easily be built upon. ... Chapter two on the li...

• Word Count: 17126
• Approx Pages: 69
• Grade Level: Undergraduate

Buyers can also use the internet and phone to get their basic investment needs met as well and the rates can be compared easily because information to these things our accessible. ... Investment banking is essentially a relationships business, and stronger the network of critical investors a bank has, the more supplier power it has. ... Technology, however, has changed that with the use of the internet for basic investment needs as previously stated. ... BRIEF HISTORY Merrill Lynch is the one of the world's premier provider of wealth management, securities trading and sales, corporate fin...

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Introduction: With the World Wide Web growing so rapidly each day and even each minute, the Internet just becomes to big to handle. ... Digital Divide: Digital divide is a very big problem in the world, but especially in South Africa. ... WebFilter A system which filters the content of World Wide Web pages in real time. ... Information in this sub-section of Infoseek's main index takes 500 sources including trade newsletters, newspapers, and periodicals with categories such as space, real estate, energy, health care, insurance, banking, and pharmaceuticals. ... But a set of tech...

• Word Count: 3929
• Approx Pages: 16
• Grade Level: High School