The Changing Face of Banking

Reliance solely on paper-based transactions

Increased emphasis on digital banking services (correct)

Focus on traditional brick-and-mortar branches

Expansion of investment banking operations

Decrease in cyber security threats

Evolving customer preferences and technological advancements (correct)

Shift towards traditional banking practices

Government regulations mandating digital banking

Decrease in accessibility to banking services

Integration of fintech solutions and digital payment platforms (correct)

Limited use of electronic fund transfers

Exclusively relying on in-person transactions