2014 Banking Technology Trends to watch on - PowerPoint PPT Presentation

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2014 Banking Technology Trends to watch on

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Technology is changing the way you bank. It is well accepted among bank customers for its convenience. Read on new technologies that banks are adopting gradually for winning customers heart and get a competitive advantage on their counterparts. – PowerPoint PPT presentation

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Title: 2014 Banking Technology Trends to watch on


1
2014 Banking Trends
2
  • Despite the great recession, changes occurring
    in the banking trends are phenomenal. Impact of
    technology on financial services has made banking
    easier and faster.
  • Technology based modern banking has led to
    introduction of various banking services.

3
Some of the technology based banking methods are
  • Biometric Technology
  • Image Banking
  • Digital Wallet
  • RDC
  • Mobile apps

4
Biometric Technology
  • enables the delivery of information safely at a
    faster rate and allows convenient access of
    confidential information
  • Prevents unnecessary scams
  • High level of financial and data security
  • Allows easy banking transactions

5
Image Banking
  • helped the banking system to replace manual
    handling and risk control with the introduction
    of electronic files and documents
  • With image based transactions, the overall
    operational efficiency of banking system has
    improved

6
Digital Wallet
  • A digital wallet holds the details of a user
    regarding payment and shipping information to
    make electronic commerce transactions easier
  • Encryption of data safeguards your information
    against piracy

7
Remote Deposit Capture (RDC)
  • RDC is the fastest growing trend in the banking
    industry. It allows the deposition of money to a
    bank from any location via an internet
    connection.
  • RDC process includes scanning of checks and
    transmission of check images to a bank, thereby
    making check processing easier and safer.

8
Mobile Banking
  • Mobile Banking enables to perform various online
    banking tasks from any location using a cellular
    device or a smart phone from bill payment to
    transferring fund, checking account balances to
    locating an ATM

9
  • Technology has transformed the entire banking
    operations of today
  • The adoption of technology in banking sector has
    facilitated a secure and reliable services to
    customers

10
  • For more information,
  • Visit us _at_
  • www.cr2.com
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