Banking

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Title: Banking

Essay Details:

Subject: History

Author: Robert C

Date: March 15, 2014

Level: University

Grade: B

Length: 6 / 1541

Essay text:

Particularly it is commonplace today to say that banking is undergoing a radical transformation. The symptoms are new products, new players, new channels etc. This transformation is taking place across all sectors of the banking industry. That is why banks urgently need to improve their ability, to think strategically about IT investments. Only those banks that use their technology resources effectively have the opportunity to secure real competitive advantage in this fast-changing industry through real product or service differentiation. Secondly, liberalisation, privatisation and globalisation have been recognised as the key elements propelling the world towards the present era, characterized by rapid changes and increased challenges in various fields...

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