Up-Coming Banking..2030-35

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Up-Coming Banking..2030-35



When was the last time you went to bank now a days everyone are sending money through online and receiving online and if you need loan then bank employee will come to your home if all banking services are done in fingertips then what is the use of bank and what will happen to bank employees in. Facts on how future of banking will be if you are an employee or customer of bank this article is for you before reading in details in short and simplified knowledge in one article every alternative day with most interesting facts and trending topics which everyone should have knowledge if you are not at comment on this article please comment and suggest  new topic for next article. To  begin our article that now a days, banks which has adopted technology and made significant changes over decades from stands to long queues long queues to online transfer day by day everything is made easy and fingertip access to all customers we might be thinking banking jobs are easy but trust me working in bank and handling 300 customers on daily average basis is not an easy task after ATM machines came to access almost 40% of customer stopped going to bank this brought some relief to bank employees but still customer used to visit banks for depositing money by introducing of cash deposit machines, 20% of work pressure has been reduced for employees on daily average approximately 6,00,000 new accounts has been opened in last year and over 80% of Indians on bank accounts out of which 30% people are more than one upon this makes employees work restless but things change soon from working restless to job losses yes after demonetization digital transaction have been increased unimaginable over 46% of people in India is using online transaction like BHIM Paytm and Google Pay in every grocery shopping and even Pani Puri and auto walas are accepting money through online because of online transaction customer like us are so happy that there is no need to visit ATM and stand in long queues until we need hard cash for emergency so future of banks will be like software companies or data centres every employee will be working technically to give better services to all customers when it comes to online fraud every minute 6 cases will register in cybercrimes in last 90 days Indians last one 28,00,00,000 by sharing their card details OTP and clicking unknown shopping links. in future banks will work more on safety payment mode which will reduce the online frauds when it comes to jobs many private banks already stopped hiring new employees and 80% of bank employees are pressurised working in Department of Insurance loan and opening new accounts most of the employees have been given targets if not completed then they will be terminated. Report suggests digitalization will kill up to 20,000,000 bank jobs globally in next 5 years especially employees who work in cash counters and in this digital era keeping everything in mind opportunity for software developer will be more compared to people who know banking statistics, if you are private bank employee then please upgrade your skills to fulfil your bank requirements else you will be one among 20,000,000 who is going to lose job. If you are customer then try to learn and understand how to do safety payment and don’t share your OTP and banking details to anyone if you share then you will end up with THREE zeros in bank. If you think its some valuable some informational then please share this link to provide knowledge to your friends status stories and especially to those people working in banks.

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