technology and banks

technology is increasingly important for banks , which now have major communications network for their computers . in the 19th century ,communications technology meant the railway and the telegram .then came the telephone,typewriter , adding machine,accounting machine ,computer,photocopier,cash dispenser and fax.home and office banking are two developments that are likely to become more widespread in the next few years . vitual banking ,whereby all the facilities of abranch are available from home computers ,is avirtual certainty this century ! without frist-class technology , abank , no matter whether it is ratail or wholesale , cannot hope to compete to keep and enlarge it is share of the market -or even enter the market .