IT in The Banking Sector | Techsaga Corporations

1. IT in the Banking Sector www.techsaga.co.in

2. Role of IT in the Banking Sector Banking environment has become highly competitive today .Information Technology better market infrastructure, enables new product development, performance of valid techniques for control of risks and helps the financial mediator to reach chorography distant and diversified markets. The key driver to charge has largely been the increasing sophistication in technology and the growing popularity of the Internet. The shift from traditional banking to e-banking is changing customer’s expectations. www.techsaga.co.in

3. E-Banking In India e-banking is of recent start. The traditional model for growth has been through branch banking. Many banks have Updated their services with the facilities of computer and electronic equipments. The electronics revolution has made it possible to provide simplicity and flexibility in banking operations to the benefit of the customer. The e-banking has made the customer say good-bye to huge account registers and large paper bank accounts. www.techsaga.co.in

4. E - Banking services to the customers: • Credit Cards • Debit Cards • ATM • E-Cheques • EFT (Electronic Funds Transfer) • DE MAT Accounts • Mobile Banking • Telephone Banking • Internet Banking • EDI (Electronic Data Interchange) www.techsaga.co.in

5. Traditional Banking Sector CUSTOMER CUSTOMER CUSTOMER BANK BRANCH BANK BRANCH BANK BRANCH CLEARING DECISION CLEARING DECISION CLEARING DECISION HEAD OFFICE CENRAL CLEARING www.techsaga.co.in

6. The New Relationship Oriented Bank CUSTOMER TELEPHONE, BRANCH,ELECTRONIC BANKING, etc. SHARED INFORMATION CLEARING SYSTEM HEAD OFFICE RISK MONITORING www.techsaga.co.in

7. Thank you Address - C-52, Sector-2 Noida (U.P) India 201301Phone no.- +91 971 848 8880, +91 971 843 3337Mail id - info@techsaga.co.in Website - https://www.techsaga.co.in