A brief introduction of role of technology in the banking sector?

Technology plays a crucial role in the banking sector by enabling banks to provide efficient and convenient services to their customers. It has revolutionized the way banks operate, allowing for faster transactions, improved security measures, and enhanced customer experiences. From online banking and mobile apps to ATMs and digital payment systems, technology has transformed the way we manage our finances and interact with financial institutions. Additionally, advancements in artificial intelligence, data analytics, and blockchain technology are helping banks streamline their operations, reduce costs, and better understand customer behavior. Overall, technology has become an integral part of the banking sector, driving innovation and shaping the future of financial services.