The Uprise

Banking, in general, is an industry that has seen amazing advances in the technology associated with it. Not long ago, bankers and traders were manually recording changes in the market, and bank customers' financial information was stored in manilla folders. Nowadays, Information Technology has changed nearly every facet of banking into a computerized, and more connected, system. Bankers on Wall Street study the market and make transactions on highly advanced computer systems that have been greatly time saving and have made banking more efficient. Also, bank customers who have personal accounts with a bank have their information stored virtually on a hard-drive instead of in a manilla folder. Probably the most interesting, and certainly beneficial, advancement is the integration of online and mobile banking. Online banking allows customers to make paperless payments, and mobile banking allow customers to access their accounts on the go. This surge of technology in the banking industry is only getting more innovative, and this will certainly make banking better for all.