The Impact of Mobile Technologies and the Internet on the Future of Banking Operations

Summary: The rapid development of information technologies, which have found application in all areas of human activity, has also led to changes in the way of banking operations. Traditional banking inevitably involved going to the bank to use banking services. Nowadays, bank services are available to clients in their homes or anywhere else. This is primarily the result of the development of the Internet and mobile technologies, which has led to the development of new types of banking operations, known as internet banking and mobile banking. These two types of banking will represent the backbone of future banking activity.