The importance of financial control technology in the banking business environment: A field study in a sample of Algerian Banks
Keywords:
Control technology, , Banking business, Electronic controlAbstract
This research aims to determine the level of application of financial control technology in the Algerian banking sector and the importance of its implementation to ensure the proper functioning of banking operations, provide security for customer accounts, and assess the impact of this technology on developing the banking environment. The research problem revolves around the banks' need to develop their existing control technologies, alongside advancing their operational strategies and guiding Algerian financial institutions towards this technology to support administrative methods and keep pace with automation. This aims to leverage its services to achieve a competitive advantage in a rapidly changing world, particularly within the banking business environment. To achieve the research objectives, the descriptive-analytical approach was adopted, and a questionnaire was used as the data collection tool. The questionnaire comprised 42 items, and the study encompassed 7 banks (4 public and 3 private), relying on a sample of managers, department heads, division and unit supervisors, and employees in the targeted departments, totaling 147 employees from these banks.
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