How Is ICT Used in Banking? they are used in the transportation.
Automating processes . 2. Advantages and disadvantages of i.C.T. 24 Advantages and Disadvantages of Technology in Agriculture By Riyo Posted on June 6, 2019 May 25, 2020. STRENGHT AND WEAKNESS OF ICT. You can do just about anything online, including your banking and financial transactions. No work seems possible without the help of the World Wide Web, within the domestic confines or your workplace. The internet is no more a novelty. Impact and Challenges of Information Communication Technology Adoption in the Tanzanian Banking Sector Basweti Ogachi Kevin Lecturer faculty of science and technology, Kampala international University, Dar Es Salaam Tanzania E-mail: kenogachi@yahoo.com Masese Chuma Benard Lecturer faculty of science and technology, Kampala international University, Dar Es Salaam Tanzania E-mail: …
is a term used for performing balance checks, account transactions, payments, credit applications etc.
Used supply water to the crops.
Disadvantages of ICT in Banking: Details- high chance in someone finding your information and hacking your accounts, ID theft- some one get hold of your personal information and pretends to be you. The disadvantages stem largely from the architectures of ICT, which are complex and therefore contain some inherent disadvantages.
They can share their views and opinions without having to meet physically. It reduces costs, increases accuracy, reduces processing times, enables quick decision and speeds up customer service. The disadvantages of ICT entirely depends on the sector in question you’re talking about. With the help of ICT it has become quicker and more efficient.
The earliest mobile banking services were offered via SMS. Get your first paper with 15% OFF. Online Banking - Advantages and Disadvantages.
Undoubtedly a very interesting article that we hope you like and that makes you reflect on the way you use technology. With man-made technology also comes a lot of flaws, and people who are willing to exploit them flaws. Mobile banking (also known as M-Banking,, SMS Banking etc.) For example, EPOS (electronic point of sales) uses scanning systems. Sitemap. power of picture in education. via a mobile device such as a mobile phone or Personal Digital Assistant (PDA). [1]. Technology has led to the development of different forms or platforms that enable interconnections.
If you have access to a computer with an Internet connection, an almost limitless amount of goods, services and entertainment choices are at your fingertips. The arguments or controversies whether the ICT have made impact in the banking sector or not is still on going.While some agree,some others disagree each school of …
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