By: Asim Shahzad

Hailey College of Banking & Finance

TECHNOLOGY CHANGING LIFE
 BANKS BEFORE USE OF IT

 Decentralized Manual Record

 Manual Calculations of Interest
 Delayed Remittances
 Occurrence of Errors & Oversight
 Manual Reporting
 Manual Balancing
USE OF IT FOR THE BENEFIT OF BANK
AND BANKER
 Centralized & Quickly Accessible Record
 Automated Calculation & Capitalization of Interest
 Improvement in Efficiency
 One Window Operation
 Presentable & Standardized Printing of Statements
& Advices
 Comprehensive MIS
 Operational Reporting
 Efficient Management Reporting
USE OF IT FOR THE BENEFIT OF CUSTOMER

 24/7 Access to Accounts

 Time saving
 Cost saving
 Easily Portable Plastic Money
 SMS/Email Alerts
 Alternate Delivery Channels
 ATM (On-site & Off-site)
 Internet Banking
 Tele Banking
 POS
 FUNCTIONS AVAILABLE THROUGH ALTERNATE DELIVERY
CHANNELS
 Balance Enquiry
 Account Statements
 Intra Bank Funds Transfer
 Inter Bank Funds Transfer
 Utility Bill Payment
 School Fee Payment
 Mobile Recharge
 Dealer Payments
 Donations
 SMS/Email Alerts set-up
Q&A