Posted: February 15th, 2022

The banking business is quite competitive

Currently, the banking business is quite competitive. Banks are utilizing technology as a “enables independent” in their efforts to adapt and develop in an ever-changing market. Additionally, it is viewed as communicating with organizations and individuals in the banking industry while also saving money. The long-term value is becoming increasingly dependent on its business unit, which is gradually moving from a back-office function to a critical one. To accomplish this, information technology optimizes banks’ practical actions, such as trying to strengthen and standardizing banks’ transportation system in terms of security, communication, and networking, achieving inter-branch connectivity, making the journey to a Real-Time Gross Settlement (RTGS) environment, predicting the future liquidity through the use of real-time databases, and clearing checks using Permanent magnets Ink Character Acknowledgement and Imaging technology, to name a few. Banks in the United Kingdom place a high premium on retail banking. Price hikes have been driven mainly by the increasing sophistication of technology and the growing use of the Internet. When individuals journey from traditional banking to e-banking, their assumptions shift accordingly. Numerous benefits accrue from the use of digital technologies in financial markets, including increased product development and market infrastructure and the implementation of reliable risk management measures. It has had a significant impact on how banks market their goods. Banking products and services can now be offered via the Internet. Customers may check their accounts, obtain financial documents, transfer funds, and purchase draughts with a few mouse clicks. The issue has been exacerbated further by the advent of smart cards, a microprocessor chip (Saunders, 1999).

With the introduction of ‘CyberCash,’ payment may now be traded entirely via electronic “Cyber-books.” Bills for water and phone service have been more accessible in recent years. The upgradeability and versatility of internet technology have provided banks with additional avenues for client communication. Customers’ expectations of banks have increased in lockstep with the advancement of banking services (Cavus & Christina, 2016). “The economics of delivery are impacted by technology. Technology has had a significant impact on banking and financial services. The public gains access to other delivery means, such as the Internet and ATMs (ATMs). The number of branches is no longer the primary distribution model (Erhardt et al., 2017). Financial systems are currently significantly overloaded with delivery systems due to network duplication brought about by technological advancement. To compete, banks must alter their distribution network, streamline their branch network, and provide clients with a broader range of delivery options (Hari Krishna & Arun Kumar, 2020). The banking industry has included the following 22 technological innovations: Customers can choose from various services, including InstaAlerts, InstaSafe, Mobile Banking, NetSafe, E-Money, e-Money Electronic Fund Transfer, Online Excise & Service Tax Payment, and NetSafe (9). Banking, bill payment, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, shopping, (13) Rail Ticket Booking by SMS; (15) Smart Money Order; (16) Card to Card Funds Transfer; (17) Funds Transfer via eCheque; (18) Ticket Purchase (18). Banking Online; (19). Banking on the Go; (20). [email protected] I Express Delivery; [email protected] II Express Delivery; (21). (22). If you have cash on hand, there are two ways to receive it: (ii) by regular mail. FinTech, or financial technology, enables the development of new services and business models. FinTech is defined as innovative communication and automation technologies for the financial services sector. The acceptance of new digital technologies has increased, as has the number of people who use them. Since new competitors may offer services that incumbents cannot, digital disruption is causing considerable changes in the industry. As a result, incumbents may be left with possibly obsolete legacy infrastructure (such as mainframes) and overstretched branch networks. Customers today have higher expectations for the usability and transparency of technologies. Technological leapfrogging has made it possible for hitherto unbanked communities in Asia and Africa. In other words: (Saunders 1999)

Because of information technology, banks can fulfill the high expectations of more sophisticated and technologically sophisticated clients than their predecessors. They anticipate being able to swiftly and easily access banking services from any location, at any time. Banks have been able to handle their accountancy and back-office operations with the assistance of IT. However, this has expanded into general use in banking services oriented specifically toward banks. Additionally, technology makes it easy to develop new distribution channels such as Atm Machines, Net Banking, and Mobile Banking. Banks can no longer manage their IT staff independently with IT processes at this level. Banks are gradually connecting their computer systems not just between city locations but also to other geographic areas via a network capacity structure and introducing local area and wide area networks and connecting them to the Internet as part of the information technology revolution. As a result, an increasing number of people can utilize modern information and communication technologies and networks. Digital technology has the potential to have a significant impact on the competitiveness and competition in the financial services industry.” Banks will need to restructure their business around platform-based customer-centricity to adapt to the current paradigm shift. Digital disruption can increase efficiency through innovation, diversify supplier offerings, and foster a more competitive financial system, hence facilitating business expansion and financial inclusion. As a result of this innovation, incumbent corporations’ margins will be strained, perhaps resulting in increased risk-taking and a hunt for the sector’s rents. Incumbents must reorganize in parallel with new market entrants to maximize efficiency, and predominant positions should not be formed. If FinTech wishes to achieve a dominant market position, it should do so through efficiency improvements rather than circumventing regulations or obtaining a monopoly on the client interface. Apart from introducing potential systemic risks, policymakers must look for additional vulnerabilities to financial stability.

Get Professional Assignment Help Cheaply

Buy Custom Essay

Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?

Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.

Why Choose Our Academic Writing Service?

  • Plagiarism free papers
  • Timely delivery
  • Any deadline
  • Skilled, Experienced Native English Writers
  • Subject-relevant academic writer
  • Adherence to paper instructions
  • Ability to tackle bulk assignments
  • Reasonable prices
  • 24/7 Customer Support
  • Get superb grades consistently

Online Academic Help With Different Subjects


Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.


Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.

Computer science

Computer science is a tough subject. Fortunately, our computer science experts are up to the match. No need to stress and have sleepless nights. Our academic writers will tackle all your computer science assignments and deliver them on time. Let us handle all your python, java, ruby, JavaScript, php , C+ assignments!


While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.


Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.


In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.


Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.


We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!


We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.


Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.

What discipline/subjects do you deal in?

We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.

Are your writers competent enough to handle my paper?

Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.

What if I don’t like the paper?

There is a very low likelihood that you won’t like the paper.

Reasons being:

  • When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
  • We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.

In the event that you don’t like your paper:

  • The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
  • We will have a different writer write the paper from scratch.
  • Last resort, if the above does not work, we will refund your money.

Will the professor find out I didn’t write the paper myself?

Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.

What if the paper is plagiarized?

We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.

When will I get my paper?

You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.

Will anyone find out that I used your services?

We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.

How our Assignment  Help Service Works

1.      Place an order

You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.

2.      Pay for the order

Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.

3.      Track the progress

You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.

4.      Download the paper

The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.

smile and order essaysmile and order essay PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!

order custom essay paper

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
error: Content is protected !!
Need assignment help? You can contact our live agent via WhatsApp using +1 718 717 2861

Feel free to ask questions, clarifications, or discounts available when placing an order.