Technology Trends in Banking System and its Impact on Population of Different Ages

The paperwork aims to analyse the rapid advances in technology trends implemented in the banking system and how it affects the population of different ages, because, as it is known, we assist in a massive changing of demographics and lifestyle of people. To achieve this aim, the main points to be discussed are the traditional branch banking, which is giving place to electronic bank- ing and, even more recently, to mobile banking and, how people are adapting to these ascending trends. The empirical research was done using Quantitative Method – Survey and Qualitative Method – Structured Interviews and provides important information on accessibility to mobile banking, relationships between age and usage of credit cards, going to traditional banks or going online and forecasts for the future of banking system.