scholarly journals Information Technology in Indian Banking Sector Some Recent Developments

2020 ◽  
Vol 8 (1) ◽  
pp. 65-71
Author(s):  
C Vijai ◽  
P Anitha
Keyword(s):  
Information Technology ◽  
Banking Sector ◽  
New Technology ◽  
Technology Support ◽  
Point Of Sale ◽  
Indian Economy ◽  
Blockchain Technology ◽  
Recent Developments ◽  
Secondary Information

The banking sector could be the backbone of the Indian economy. In today’s era, technology support is incredibly necessary for the triple-crown functioning of the banking sector. While not IT and communication, we tend to cannot accept the success and growth of the industry and economy, it’s enlarged the role of the banking sector within the Indian economy. Run batted in new rules and supporting new technology and innovation for the client within the banks. The Indian banking sector was introduced the RTGS, mobile banking, Digital Wallets, UPI, Blockchain Technology, computing, Cloud Banking, wearable Technology, Omnichannel Banking, the point of sale, square measure numerous innovations within the Indian banking sector. This paper highlights the information technology in the Indian banking sector. This paper is descriptive. Secondary information square measures collected from numerous websites, reports, and journals.

ANALYSIS OF APPLICATION OF BLOCKCHAIN TECHNOLOGIES FOR THE BANKING SECTOR

2017 ◽  
Author(s):  
Svitlana Ilkovych ◽  
◽  
Maryna Korol ◽  
Keyword(s):  
Banking Sector ◽  
Blockchain Technology ◽  
Current State ◽  
Global Banking ◽  
Banking Institutions ◽  
Pros And Cons ◽  
Further Development

The article considers the essence of blockchain technology and the possibility of its application in the banking sector. The current state of development and application of blockchain technologies in various industries is analyzed. The pros and cons of using blockchain technologies for the banking sector are identified. Emphasis is placed on the role of blockchain technologies in the further development of the banking sector. The most promising directions of development of this technology are considered. Particular attention is paid to examples of the use of blockchain technology by global banking institutions.

Document supply and resource sharing in Portuguese libraries: the role of the National Library

2010 ◽  
Vol 38 (1) ◽  
pp. 31-36 ◽  
Author(s):  
Elisa Maria Gaudêncio Soares
Keyword(s):  
Information Technology ◽  
Resource Sharing ◽  
Design Methodology ◽  
Public Library ◽  
Supply System ◽  
National Library ◽  
Content Type ◽  
Long Period ◽  
Recent Developments

PurposeThe purpose of the paper is to describe the development of the Portuguese document supply system with particular emphasis on the role of the National Library but also in its academic and public library sectors.Design/methodology/approachThe paper is descriptive in nature.FindingsPortugal emerged from a long period of monarchy and dictatorship, profited from being a EU member, and libraries are now exploiting the advantages of information technology particularly for the benefit of remote users.Originality/valueThis is probably the first overview of historical and recent developments in document supply in Portugal.

Relative Importance of Blockchain in Cryptocurrency, Banking & Health Care

2020 ◽  
Vol 8 (12) ◽  
pp. 6-25
Author(s):  
Hari Priya Ponnakanti ◽  
Bilal Gonen
Keyword(s):  
Large Scale ◽  
Banking Sector ◽  
Trade Credit ◽  
Future Research ◽  
Large Database ◽  
High Scale ◽  
Blockchain Technology ◽  
Medical Sector ◽  
Recent Developments ◽  
Pros And Cons

This paper looks at the opportunities and challenges of implementing blockchain technology across medical, finance and banking sectors, and provides a clear view which can enable Blockchain for more extents. After going through few articles and papers related to applications of Blockchain, we gained a vivid knowledge on pros and cons on Blockchain applications from each article. Few drawbacks that we encountered are using Power of Work (POW) in medical sector which is destroying the computing ability at a stage when system is getting bigger and eventually which is wasting lots of resources. One study over conceptual proposal on blockchain is the idea of using trade credit as the value of transactions, and this trade credit is in the scope of trade secret which improves trade confidentiality and makes it more secure. Moreover, centralization systems have few risks owing to their dependence on a high scale which could tamper the data or can even block access, change the rules and might even completely shut down the system. Few more drawbacks are designing and building a secure blockchain system is much more difficult on large-scale of banking sector with large database. To address these challenges, recent developments in blockchain technology are enabling novel opportunities in every possible sector by using Trust-worthy cloud, IoT and artificial intelligence, which makes it more powerful and secure. After analyzing Blockchain implementations and identifying their limitations, we conclude with several promising directions for future research.

Challenges and Issues in E-Banking Services and Operations in Developing Countries

2016 ◽  
pp. 237-281
Author(s):  
Preeti Rana ◽  
Durgesh Pandey
Keyword(s):  
Developing Countries ◽  
Banking Sector ◽  
New Technologies ◽  
New Technology ◽  
Banking Services ◽  
Banking And Finance ◽  
Banking Service ◽  
Wide Range ◽  
The World ◽  
Recent Developments

In recent years we have seen a number of changes in banking sector of India. Main objective of banks is to create more value for customers; that is why most of the banks have begun to take an innovative approach for this purpose. In the world of banking and finance, nothing stands still. Now a day's banking activities is not limited to deposit and lending money to customers Apart from traditional business, banks provide a wide range of services to satisfy the needs of all types of customers whether it is financial or non-financial needs from the smallest account holder to the largest company and in some cases of non-customers. As a result of recent developments, the entire banking industry has restructured and new technologies are also introduced to make it competitive. Revolution of Information Technology has made it possible to provide ease and flexibility in operations to customers thus making life simpler and easier so bank can provide a variety of products and services to the customers. The E-Banking process has changed the way of working of banks across the world. In the chapter, the author reviews the literature on “The issues and challenges of e-banking service operation” what is the perception of people towards E-Banking in different developing countries?” As E-Banking is an emerging concept in the field of commerce and banking. This paper furnishes the study of E-banking in developing countries through an analysis of content & existing literature that focused on developing countries. The main purpose of the study is to present the current level of research on E-banking in developing countries. Electronic banking (e-banking) is the new technology in banking environment that allows the bank customers to do banking activities at any time and from any place.

scholarly journals Role of Piezoelectric Elements in Finding the Mechanical Properties of Solid Industrial Materials

2018 ◽  
Vol 8 (10) ◽  
pp. 1737 ◽  
Author(s):  
Arshed Mohammed ◽  
Sallehuddin Haris ◽  
Mohd Nuawi
Keyword(s):  
Mechanical Properties ◽  
State Of The Art ◽  
New Technology ◽  
Material Testing ◽  
Current Status ◽  
Piezoelectric Elements ◽  
Need To Evaluate ◽  
Recent Developments ◽  
The Many

Recent developments in ultrasonic material testing have increased the need to evaluate the current status of the different applications of piezoelectric elements (PEs). This research have reviewed state-of-the-art emerging new technology and the role of PEs in tests for a number of mechanical properties, such as creep, fracture toughness, hardness, and impact toughness, among others. In this field, importance is given to the following variables, namely, (a) values of the natural frequency to PEs, (b) type and dimensions of specimens, and (c) purpose of the tests. All these variables are listed in three tables to illustrate the nature of their differences in these kinds of tests. Furthermore, recent achievements in this field are emphasized in addition to the many important studies that highlight the role of PEs.

Understanding How Information Technology Can Help in Contracts Management

2021 ◽  
pp. 99-120
Keyword(s):  
Information Technology ◽  
Cost Optimization ◽  
Design Management ◽  
Smart Contracts ◽  
Materials Management ◽  
Blockchain Technology ◽  
Multi Stage ◽  
Stage Process

Contracts management is a multi-stage process involving all parties related to a contract. It ensures that all stated objectives are met, and timelines adhered to corresponding to project execution and delivery. The fundamental premise of contracts management is to ensure quality, compliance, and cost optimization. There are several forms of contract each with its own unique features and applications. In this chapter, the authors focus on how information technology can be used to aid in supervision of contracts, materials management, survey, and design management. They also discuss the role of smart contracts and the underlying blockchain technology that is used as the basis for making smart contracts work.

scholarly journals The Result of Data Technology on Employee’s Performance in the Banking Sector at Karnataka – An Empirical Research with Supported Banks in Bangalore City

2019 ◽  
Vol 8 (2S8) ◽  
pp. 1248-1251
Keyword(s):  
Information Technology ◽  
Correlation Analysis ◽  
Empirical Research ◽  
Banking Sector ◽  
New Technology ◽  
Technology Usage ◽  
Work Efficiency ◽  
Bangalore City ◽  
The Impact

In this study the researcher tries to understand the impact of new technology on employee’s work efficiency in the banking sector. 10 bank’s employees were concerned in Bangalore city and questionnaires contains 75 questions has issued to the employees. Initially researcher used descriptive type of analysis and later correlation analysis has used to get the findings. The banking area is a unit which is a victimisation of the information technology usage and application of information technology is a competitive tool that was attempted to as a new application to try and perform their regular banking activities with efficiency

scholarly journals The Role of E-Commerce on the Auditing Practices

2019 ◽  
Vol 11 (4) ◽  
pp. 49
Author(s):  
Firas A.N Al-Dalabih ◽  
Mohammad Enizan Al-Sharairi
Keyword(s):  
Information Technology ◽  
Statistical Analysis ◽  
Significant Role ◽  
Commercial Banks ◽  
Banking Sector ◽  
Statistical Software ◽  
The North ◽  
National Bank ◽  
Training Courses

This study aims to identify the role of E-commerce on the auditing practices in the Jordanian banking sector. The sample of this study consisted of 120 selected from five banks in the north region in Jordan. These banks are: The Housing Bank for Trade and Finance, Union Bank, National Bank of Jordan, Arab Bank and Capital Bank, whereas a questionnaire was designed and distributed to them. A total of (100) questionnaire was retrieved that are valid for statistical analysis formed about 83.3% of overall distributed questionnaires; and the questionnaires have been analyzed using SPSS statistical software. The results of the study indicate that there is a significant role of E-commerce in auditing process in the Jordanian commercial banks, beside that it was revealed that Jordanian commercial banks face many types of E-commerce risks associated with auditing, and the most risk that they faced was the lack of the auditors knowledge on the concepts of information technology and how they are used in auditing. This study recommended the Jordanian commercial banks to conduct training courses for their auditors regarding the concepts of information technology, how to use them in auditing and the nature of the websites and how it design.

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