Technology In The Boardroom
- Topics:
- Enterprise Risk Management
- Tags:
- Bank,
- Banking,
- Board Member,
- Business Operations,
- Corporate Governance,
- Corporate Law,
- Financial Services
- Source:
- Board Member
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Overview: From the executive summary: ‘Fifteen years ago, a few innovative banks were giving away PCs to their best corporate customers in hopes of converting them to new electronic cash management services, like balance reporting and funds transfer initiation. Today, many companies do not need banks to support commercial trade activities-they exchange documents and receivables files electronically with trading partners via the Internet, at times even arranging for loans online.’ Technology has assumed significant role in modern-day banking operations. All major systems and processes in the banking domain are technology-driven. Technology is the prime mover in the performance evaluation of banks. The paper examines applications of technology in the banking industry.
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Format: HTML | Date: Apr 2000 | Pages: 1
