Digitalization in Future Generation
Dr. S. M. Srilanga Meenakshi
Pages: 1-8
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First Published: 05 Jul 2019
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Abstract
Digitization is the process of converting information from a physical format into a digital one. Digitalization is the process of leveraging digitization to improve business processes. Digitization is the process of converting information from a physical format into a digital one. When this process is leveraged to improve business processes, it is called digitalization. The results of this process are called digital transformation.
Keywords: Digitalisation, Labour
Digitalization of Banking Sectors
S. Anu Radha
Pages: 9-15
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First Published: 15 Jul 2019
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ABSTRACT
The banking landscape as we know it is changing. A new wave of technology is revolutionizing the way customers engage with their finances. The recent introduction of open banking and the Payments Services Directive 2 (PSD2) regulation is accelerating this transformation by placing power in the hands of customers. Such as spending habits and regular payments, with authorised third-party providers if customers wish to do so. To navigate this uncharted reality, banks must ensure their digital offering is fit for purpose.
Keywords: Digital Banking, Customer
Role of Digitization in Banking in India
J. Mahil Kamalam
Pages: 16-22
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First Published: 05 Jul 2019
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ABSTRACT
Digital banking is also called internet banking or online banking. When a bank provides its services online and customers can make transactions, submit requests, and handle other banking activities online, it is called digital banking. The first bank in India to offer internet banking was the ICICI bank in 1996. Since then a number of other banks have followed suit and today most of the banks provide online banking facilities.
Keywords: Bank, Cheque, Customer Service
REFERENCES
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Technology (IT) in Modern Banking Sector. Golden Research Thoughts, 3(11), 1. - http://www.forbesindia.com/article/weschool/digital-revolution-in-the-indian-bankingsector/47811/1
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- http://www.thehindubusinessline.com/money-and-banking/bankers-call-for-digitisation-financial inclusion/article8258190.ece
- Regi, S. B., & Golden, S. A. R. (2014). Customer Preference towards Innovative Banking Practices Available In State Bank of India at Palayamkottai. Sankhya International Journal of Management and Technology, 3 (11(A)), 31,33.
Digitalization an Impact of Indian Economic
S. Selvanathan
Pages: 23-32
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First Published: 05 Jul 2019
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Abstract
Digital Economy or the internet economy is increasingly influencing our social and economy activities and even the way we live. The internet and its accessory activities including Information and Communication Technologies have given birth to new products, services, jobs, enterprises and even markets. World’s largest firms – Google’s Alphabet, Face book and Amazon are from the digital world.
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Effect of Digitalization in Rural Areas
S. Muthulakshmi
Pages: 33-42
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First Published: 05 Jul 2019
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Abstract
Digitalization offers both opportunities and challenges. As digital information can be accessed everywhere, the choice of location for industries, businesses and workers becomes more flexible. However, there are concerns that economic development will concentrate in certain areas, mainly in metropolitan cities as the better developed digital infrastructure and already existing innovation hubs can be found there. On top, ongoing megatrends such as the urbanisation and the rise of the creative class that mainly settles in cities make it even more likely that only certain areas profit from the digitalisation. In this sense, digitalisation could lead to further social and regional disparities and could possibly deepen the existing divide between urban and rural areas.
Keywords: Digitalization, Rural
Refereces
1. http://www.pinterview.in/blog/2015/10/impact-of-digital-india-on-rural-indian-students/
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