Question

Now that you know a little more about what banks do, think about mobile banking (banking done from your phone or computer). How do you think technology is changing banking? What do you see for banking in the future? What technology might make banking easier?

In the discussion forum, post your response to these questions in one paragraph with 8 sentences.

Write in your own words

Answer 1

Technology is rapidly changing the banking industry through the introduction of mobile banking. This allows customers to easily access their accounts, transfer funds, and pay bills from the convenience of their phone or computer. In the future, I believe banking will become even more streamlined and personalized with the use of artificial intelligence and biometric security measures. These advancements will make banking more secure and efficient for customers. Additionally, I think that the integration of blockchain technology could make transactions faster and more transparent. Overall, I see technology continuing to revolutionize the banking industry by providing customers with more convenient and secure ways to manage their finances.