High Technology in Banking: a Strategic Perspective
Dimitris N. Chorafas, Heinrich Steinmann · Palgrave Macmillan UK eBooks · 1988
Banks are providers of financial services, insurers of deposits, financial intermediaries, and key participants in a nation’s payment system. As such, banks play a major role in the economy and in the financial well-being of a nation. To contribute in an able manner in this mission, the banking system must operate under efficient conditions, rendering its services in a reliable way. The costs to the economy, the clients, and the banks themselves must be low, hence, affordable. Bank management becomes increasingly conscious of cost effectiveness. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.