56 chapter 3 literature review 31 introduction information technology (it) is very powerful in today's world, and financial institutions are the backbone of the indian economy. Information technology has tremendously stimulated expansion of the banking networks and range of the offered services during recent years the information technology has become a critical. Chapter two will deal with the literature review and the role of information technology on banks performance chapter three shall be dedicated to the methodology adopted for data collection and analysis. Literature review on the impact of information technology in corporate governance and financial reporting impact of information tehnology on corporate governance and financial reporting 10 introduction the introduction of the computer and advent of the internet has changed the way we live in the modern world.
Literature review managers cannot ignore information systems because they play a critical role in contemporary organisation the application of information and communication technology concepts, techniques, policies and. The impact of technology in banking sector is discovering in literature review section these technologies are beneficial for the banking industry in general and also for customers is particular the table 2 presents the different technology used by industry in focus. 6 h1: information technology device has helped bank staffs effectively in the performance of their duties 16 scope of the study this research is concerned with the role of information technology on commercial banks in nigeria using guaranty trust bank plc for the case study. The impact of information technology on the bank performance (nigeria in perspectives) - essays - hassankawumht kozak, s (2005) the role of information technology in the profit and cost efficiency improvements of the banking sector, journal of academy of business and economics.
Information technology (it) is the automation of processes, controls, and information production using computers, telecommunications, software and ancillary equipment such as automated teller machine and debit cards (khalifa 2000. Information technology enables the rapid transfer of information to any location in the world with the advent of information technology, personal computers and communication devices, such as smartphones, have become the primary tools for conducting business. Behind the transformation of these institutions is innovation in information technology information and communication technology is at the centre of this global change curve of mobile and internet banking in kenya.
The developments in information collection, storage, processing and transmission and distribution technology have influenced all aspects of banking activity. Abstract-information and communication technology (ict) has become the heart of banking sector, while banking industry is the heart of every robust economy. Literature review the banking industry is undergoing a rapid and radical transformation due to the all-pervasive influence of in- formation technology (it) and breath taking developments in the technology of telecommunications and elec . Nigerian banking industry has brought about fundamental changes in the content and quality of banking business in the country this analysis and clarification of how nigerian banks have used it to reengineer their operations is detailed through literature review.
Failure of the bank to efficiently adopt information technology has resulted in the slowdown of processes of delivery of banking services, unnecessary queues and service failures which has made the bank to lag behind the other banks in the industry. Banking is the one thing bank should get up and invest in internet technology information monitoring system to reap bounteously the benefit accruing from web banking furthermore, the advances in the world of information technology is almost recorded on a daily basic. While the rapid development of information technology has made some banking tasks more efficient and cheaper, technological investments are taking a larger share of bank's resources. Impact of information & communication technology on banking industry in nigeria by uduma emeka i uploaded by emeka uduma this paper discusses impact of information and communication technology on banking industry in nigeria. Adopt internet technology as an id in the banking sector, the following models need to be looked at to facilitate smooth adoption of the innovation in order to maximize profits and.
Literature review the following reviews on impact of information technology in banking sector and related literature have been reviewed kpmg, technology enabled. The use of information and communication technology in banking operations is called electronic banking ovia, (2001) argued that electronic banking is a product of e-commerce in the field of banking and. Between mobile banking and the financial performance of commercial banks in kenya the study recommends that the policy makers take mobile banking awareness creation into consideration when drafting policies on the operations of banks in kenya. The impact of technology and, specifically, the information technology, on the political machine has been felt for quite some time and is likely only to increase this 7 page paper argues that government interest in the advancement of information technology is an apt indication of the importance it places on the future of that technology.
8 chapter 2 literature review 21 internet banking with the extensive technology innovation and telecommunications, we have seen new financial distribution channels increasing rapidly both in numbers. Literature review: e-leadership probal dasgupta regent university this article reviews existing literature on e-leadership and the attendant concept of virtual teams. The increase in emerging information technology has made banking services become more and more automated and less paper work than in the past as averred in the central bank of nigeria reports and statistical bulletins (2005, 2006, 2007 and 2008) and other literature on banking.