2. Computers in banking is a term used for
the process by which banking
transactions by bank employees and
customers are performed electronically
eliminating the need for paper files and
physically entering the bank itself.
3. Each bank’s websites differ slightly from bank to bank, but
managing your finances online is as simple as logging on to
the bank's website and entering you user ID and password.
The site will then guide you through the transactions you want
to carry out.
Some banks will to communicate with customers by email.
They will, for example, send you an email when your
statements are ready. And if you have an enquiry or want to
order a statement, you are encouraged to email them.
Bank employees also use computers to store customers’
records.
4. Customer Information: Banks use
computers to track customer information
such as name, address, phone number,
date of birth, Social Security number and
place of employment.
Transactions and Goals: Computers help
tellers keep a record of all transactions for
the day.