Technology in Banking

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▶️ Watch on 3Speak

Good day to you all.

It's another episode of the LeoFinance Zealy Campaign and today I am discussing
the tooic about DIGITAL BANKING.

First we need to have the basic knowledge of what a bank is. A bank
as a financial instutuon that provides us with financial services. and they are responsible
for payment system.

The main Function of banking systems are Deposits and taking loans.

Online Banking or Digital Banking means accessing banking features and services from the bank website though our phones and laptops while we are connected to the internet.

Advantages of Digital Banking

  • Convience

  • 24/7 banking

  • Auto payment

  • Paperless banking

Disadvantages of Digital banking

  • Poor server

  • Security risk

  • Complexity

The world keep advancing with technology and thats one of the reason why we have to embrace technology in our ways.

Thanks for watching...

All images from pixabay.com

▶️ 3Speak

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3 comments
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Alhaji Adeleye😅 I salute you Sir.

I think digital banking is way more easier in this era as compared to having to go to the bank all the time.

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Alhaja Adeleye. My respect 🫡 honey 😂

Yeah that’s what technology brought about for us. And I am glad we embraced it

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I’m not a Hajia please.😅

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