: Modern Banking: Bricks Or Clicks

            New Banking Systems

As is evident from my research, many banks all over the globe today have sharply shifted their operations from manual to digital forms. It is as a consequence of this fact that most of the bricks that used to house banking operations have currently been turned into other useful purposes leaving the banking industry occupying very little physical space (Shroff, 2007). Just as the Commonwealth Bank of Australia have today turned into a library, its banking systems also changed to be accommodative to the ever growing technology that is available today. The banking system today is composed of very many segments but this paper only analyzes three main systems that are creating less requirement of physical space by the bank.

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