5. Internet banking technology
Online banking is one of the first digital technologies pertaining to finances. A while back, this term designated the use of a terminal and a phone line to access one’s bank account. However, over the years, the service has greatly expanded, and it nowadays refers to one’s ability to control their financial accounts with the use of a device with an Internet connection. A vast majority of financial institutions have taken their services online, while others, who operate solely in the digital realm have started popping up, thus forever changing the way in which people look at banks.