23 Jan 2020
Published: 31 Oct 2017
6 Incredible Ways Technology Has Transformed the Banking Sector
Last Updated: 28 Sep 2020
There was a time when the banking sector was less involved and open to technological innovations, primarily due to compliance and security concerns. However, technology has infused our lives so much that even the banking sector could not refrain from embracing it. Since then, the world of banking has seen incredible changes; one of the changes is ‘Digital Transformation’.
Traditional banking has evolved into digital banking; it is an important change as to how banks have started interacting with customers and satisfying all their business needs remotely. In this infographic, we will discuss the 6 incredible ways that technology has evolved in the banking sector.