Sunday, July 21, 2019


New Technologies of Banking Industry


    1. Block Chain

A Block Chain, originally block chain, is a growing list of records, called blocks that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. By design, a block chain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”.


      2. Digital Banking


Digital banking is the digitisation (or moving online) of all the traditional banking activities and programs that historically were only available to customers when physically inside of a bank branch.



      3. AI (Artificial Intelligent)

Artificial intelligence (AI) is the simulation of human intelligence processes by machines, especially computer systems. These processes include learning (the acquisition of information and rules for using the information), reasoning (using rules to reach approximate or definite conclusions) and self-correction.

      4. Cloud Computing

Cloud computing is the on-demand availability of computer system resources, especially data storage and computing power, without direct active management by the user.


      5. Apple Store-Style Experience

      6. Robo Advisor


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