Credit institution and Digital technology: Difference between pages

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Credit institutions include banks, building societies and credit unions.
The application of computer-based solutions to a wide range of tasks.


Their essential characteristics are taking deposits or other repayable funds from the public and granting loans or other credits, to be held on their own books.
All related data being stored, processed and transmitted in binary (digital) form.




==See also==
== See also ==
*[[Bank]]
* [[Binary system]]
*[[Building society]]
* [[Digital payment]]
*[[Credit union]]
* [[Digital signature]]
* [[Digital wallet]]
* [[Fintech]]
* [[Information technology]]
 
[[Category:Technology]]

Revision as of 22:30, 15 May 2020

The application of computer-based solutions to a wide range of tasks.

All related data being stored, processed and transmitted in binary (digital) form.


See also