Open AccessChallenges Faced by Banking Software Developing Companies in India
Author(s) -
Mansi Kukreja,
Heena Upadhyay
Publication year - 2020
Publication title -
international journal of scientific research in science, engineering and technology
Language(s) - English
Resource type - Journals
eISSN - 2395-1990
pISSN - 2394-4099
DOI - 10.32628/ijsrset2073114
Subject(s) - database transaction , business , software , commerce , banking industry , industrial organization , engineering , finance , computer science , programming language
This study highlights the expansion in banking industry and up gradation of technology in banking sector. As the sector is growing day by day it is facing many challenges in all segments. Technology is also one of them. Technology has made many changes in Indian banking sector like high-speed of transaction, amplifying efficiency of cost, increased in the use of banking software through online banking and make all kind of transactions possible. By this study an attempt was made to highlight the major challenge and confront faced by the banking software developing companies in India. It will also underline the top banking software developer in India and stumbling block in the path of their development. At last it would emphasis on the solutions to their problem.