Appraisal of the Economic Implication of Electronic Banking in Nigeria Banks (a Case Study of Diamond Bank Plc Nigeria)
CHAPTER ONE
1.1 BACKGROUND OF THE STUDY Before the emergence of modern banking system, banking operation was manually done which lead to a slow down in settlement of transactions. This manual system involves posting transactions from one ledger to another which human handles. Figures or counting of money which should be done through computers or electronic machine were computed and counted manually which were not 100% accurate thereby resulting to human errors. Most bank then use only one computer in carrying out transactions which ameliorate the sluggish nature of banking …show more content…
1.3 OBJECTIVES OF THE STUDY This research work intends to assess the extent of electronic payment in banking activities as well as identify the various types of electronic banking. The researcher will also evaluate the major problems associated with the development of
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