Research Paper on:
Banking Industry and the Effects of Technological Changes

Unformatted Sample Text from the Research Paper:
Hanna-Barbera artists might have envisioned, but certainly one can see that the society has come a long way. Technology has altered the lives of most people, particularly in the  past decade or so. Since the advent of the personal computer, and the Internet, the world has experienced a great deal of changes that has altered life immeasurably. The technological  achievements that took people from record players to MP3s made music portable and communication effected by instant messaging has created a new way of conversing. Technology has impacted the lives  of most everyone who lives in the twenty-first century, and it has done so quite dramatically in the banking industry. In fact, the banking and insurance industries, and any industry  equated with money, has been seen as traditional. While art and advertising industries are on the cutting edge, the pace of financial institutions has always been somewhat slow. That has  all changed. Still, it was not too long ago that people would deposit their paychecks into their banks on a weekday between nine and three oclock in the afternoon. Sometimes  they would scramble to get to the bank by noon on Saturday before it would close down again. Banking was not simple. Today, with automatic payments to creditors, automated paycheck  deposits and online banking, going to a physical bank is no longer necessary. Further, there are even now some virtual banks which advertise higher interest rates. They simply do not  have the overhead that the brick and mortar branches do. While many people take advantage of the new ease of banking, this has also made people a bit more vulnerable.  Most individuals have bank cards in the form of an ATM or check card. The latter can be used just like a credit card and this means that thieves can