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What revolution has the advent of the Internet initiated in the global banking sector?*1 pointA) Paperless bankingB) Electronic revolutionC) Digital transformationD) E-business revolution

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What revolution has the advent of the Internet initiated in the global banking sector?*1 pointA) Paperless bankingB) Electronic revolutionC) Digital transformationD) E-business revolution

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Solution

The advent of the Internet has initiated the Digital transformation in the global banking sector. This revolution has led to the development of online banking, mobile banking, and various financial services that can be accessed digitally. It has made banking more convenient, efficient, and accessible to a global audience.

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