Abstract:

Improvement in technology has made business environment and corporate world tremendously active and is constantly changing. Conventionally, due susceptible character of personal as well as financial documents regularly required in banking business, banks are at the vanguard of acclimatizing to technology to give better banks services. In the 21st century, banks operate in a multifaceted as well as competitive atmosphere categorized via varying circumstances as well as a exceedingly impulsive state of the economy. At the heart of these worldwide revolutionize curvature in the world these days is information and communication technology (ICT). In the deliverance of many valuable services as well as products both telecommunication as well as electronic network has been enthusiastically used banks have been making use of electronic network. Leaders in Nigerian banking industry cannot close the eyes to information system since it has significant force in contemporary banking development, scrutinizing as well as tracking complete cash flow business. The relevance of information as well as communication technology model, method, guiding principle as well as operation strategies to banking services has turn out to be a topic of essential significance as well as concern to every bank as well as undeniably a precondition for international as well as local competitiveness banking. By and large, making management decision is timely with electronic banking because processing data as well as transactions is exceptionally accessible and straightforward. Hence, bank automation makes banking services are rendered more speedily than manual banking.