Ict products in use in the banking industry include automated teller machine smart cards, telephone banking, micr, electronic funds transfer, electronic data interchange, electronic home and office banking several authors have conducted investigation on the impact of ict on the banking sector of. The purpose of the study was to establish the impact of ict adoption on financial performance of commercial banks in kenya information and communication technology (ict) has become the heart of the banking sector, while banking industry is the heart of every robust economy the research design used was correlation. Influence of ict on the banking industry: the case of kampala by esther namirembe reg no 2004/hd18/1653u blis (mak) email: [email protected], +256751800122 a dissertation submitted to the school of graduate studies in partial fulfillment for the award of master of science in. Free essay: impact of ict in banking and finance as in a pendulum movement, the reflections about the impact of icts in the economy have swung from. Abstract this paper contributes to the ongoing debate regarding the contribution of information and communication technology (ict) to firm's performance as the ict impact on bank performance is beyond the scope pf most similar studies, this study further investigates the impact of information and communication. Arb apex bank, with the support of bank of ghana, has helped embark on nationwide computerization of all the rural banks in ghana this research study aims to examine the impact of information technology on the financial performance of asutifi rural bank in the brong ahafo region perceptions of the management. This dissertation studies the effects of information and communication technologies (ict) on the banking sector and the payments system it provides insight into how technology-induced changes occur, by exploring both the nature and scope of main technology innovations and evidencing their economic implications for. In the current climate, competition in the banking industry is intense, with new financial service providers emerging all the time quality of service is seen more than-ever as a key differentiator in the marketplace one question relates to whether automated, telephone and internet banking represent positive.
Abstract this study examines the impact of information and communication technology (ict) on banks performance in nigeria using annual panel data set over 2001 to 2011 periods the data was analysed using panel unit root, panel cointegration, fully modified ordinary least square (fmols) and. Wwwijacsathesaiorg the impacts of icts on banks a case study of the nigerian banking industry matthew k luka department of electrical and information engineering covenant university ota, ogun state, nigeria ibikunle a frank department of electrical and information engineering covenant university ota, ogun. Abstract this study assessed the impact of information and communication technology on the nigerian banking industry using eleven selected commercial banks in nigeria the study used bank annual data over the period 2001 to 2011 this study applied fixed and random effects models in its analysis the results. Abstract during the last two decades the bank marketing literature has been characterised by a concern for service quality and information technology (it) within the industry it and customer service are relatively new `strategic weapons' for banks, both being concerned with the deployment of information.
Ict and nigerian banks reforms: analysis of anticipated impacts in selected banks osabuohien evans sc, covenant university- ota nigeria abstract banking has become highly information communication technology (ict) based and due to its inter- sectoral link, is reaping the benefits of. This therefore calls for as a result, there is a pre-requisite need to embrace information technology it is in view of this that this research work attempts to examine the impact of information technology on the performance of banks in nigeria today information communication technology has played a. Abstract- this research studied ict strategies in the area of automated teller machines, internet banking and mobile banking these strategies were studied in relation to their effect on commercial banks' performance indicators namely: profit before tax, customer deposits and effectiveness the target population of this study. Factors such as age, educational qualification, computer literacy and type of ict gadgets, were significant in influencing banks‟ intensity of ict usage also ict was found to impact positively the speed of banking service delivery, as well as productivity and profitability banks should incorporate ict into their strategic plans.
Information communication technology has become the engine block of every banking institution worldwide and nigerian banking institutions are not exempted in a. Banking has become highly ict based and due to its inter-sectoral link, it is reaping the benefits of technological revolution as evidenced by its application in most of its operations the study carried out empirical analysis of the anticipated role ict has in enhancing the operations of selected nigerian banks in the light of.
Ict banking is changing the banking industry and is having the major effects on banking relationships banking is now no longer confined to the branches where one has to approach the branch in person yousafzai, shumaila (2012), suggests that ict banking adoption is a complex and multifaceted. This research project will examine the general impacts of information and communication technology (ict) on the banking industry the following objectives will be evaluated: - to give a comparative analysis between the growth of fixed telephone lines and mobile phone lines with respect to growth in ict - to examine. There are divergents views on the impact of information,communication and technology (ict)in the banking sector as we have seen in our earlier discussionssome of my colleaques agreed with me that ict have impacted greatly the banking sector,while others disagree on the grounds that ict have.
The banking sector across the globe is embracing ict technologies and using as part of business strategy for expansion, revenue increase, extension of customer network and creating competitive advantage among banking institutions this paper is an effort to investigate the impacts and challenges of ict adoption in the. Is now integrated into most production activities however, it has been difficult to determine the relationship between it investment and the financial performance or productivity gains of businesses therefore, some authors questioned the impact of information technology on productivity in the banking industry this question. The impact of information technology in nigeria's banking industry 1oluwagbemi oluwatolani 2abah joshua and 3achimugu philip abstract-today, information technology (it) has become a key element in economic development and a backbone of knowledge- based economies in terms of operations, quality delivery of.
Implementation of information technology devices were used for the study these include the nature and degree of adoption of innovative technologies degree of utilisation of the identified technologies and the impact of the adoption of ict devices on banks operation the study covered 36 out of the 89 banks in the. Abstract - information and communication technology (ict) has become the heart of banking sector, while banking industry is the heart of every robust economy if it collapses so will the economy this is absolutely evident from current recession in european banks crises, and in turn the effect of globalization, competition. Investments in information technology it made in hope of achieving higher profits and returns may not provide anticipated 'gains' within a required time frame giving rise to a 'performance-paradox' this paper investigates whether huge amounts spent on it in indian public sector. In the last three decades, the banking sector has seen a profound transformation owing to the changes in the global financial environment the major change witn.