IJSTR

International Journal of Scientific & Technology Research

Home About Us Scope Editorial Board Blog/Latest News Contact Us
0.2
2019CiteScore
 
10th percentile
Powered by  Scopus
Scopus coverage:
Nov 2018 to May 2020

CALL FOR PAPERS
AUTHORS
DOWNLOADS
CONTACT

IJSTR >> Volume 9 - Issue 1, January 2020 Edition



International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616



Archiving and Digitizing of Customer Records of Golden Rural Bank of the Philippines, Inc.

[Full Text]

 

AUTHOR(S)

Princess May G. Subia, Reynaldo R. Corpuz

 

KEYWORDS

Anti-Money Laundering, Archiving, Customer Records, Digitization, Financial Institutions, FinTech, Identification, Regulatory Body, Security

 

ABSTRACT

Automation and innovation sought to transform financial services and revolutionize operations with the goal of streamlining processes and reducing costs. Integrating document archiving and digitization into banks can play a vital role in improving manual document management, revealing improvements in the accuracy and efficiency of document processing while ensuring that sensitive information is not compromised. This paper discusses a digitization initiative to store and recover customers' digital records and transactions at Golden Rural Bank of the Philippines, Inc. The researcher tried to highlight the need for digital preservation, approaches, and concerns of the bank's relevant as well as digital preservation activities to protect its customer records.

 

REFERENCES

[1] Bandi, Shekappa and Angadi, Mallikarjun and Shivarama, J., “Best Practices in Digitization: Planning and Workflow Processes”, 2015, In International Conference on the theme `Emerging Technologies and Future of Libraries: Issues and Challenges’, Gulbarga University, Gulbarga, Karnataka, January 30-31, 2015.
[2] Das, T.K., Gurey, P., Sharma, A. K., ”Digitization. Strategies & Issues of Digital Preservation: An Insight View to Visva-Bharati Library”, 7th International Convention on Automation of Libraries in Education and Research (CALIBER - 2009), At Pondicherry University, Puducherry.
[3] Fabunmi, B. A., Paris, M., and Fabunmi, M., “Digitization of Library Resources: Challenges and Implications for Policy and Planning”, International Journal of African & African- American Studies Vol 5, No 2 (2006).
[4] Namrata Kishnani, “Digitalization – Dawn of a New Era in Banking” Asst Prof, Department of Management, Bhopal School of Social Sciences, Bhopal.
[5] Muhammad Al-Abdullah., “An Actor-Network Theory Approach in Investigating the Information Systems Perspective of Anti-Money Laundering Compliance Through A Case Study of the Foreign Account Tax Compliance Act (FATCA) Implementation in a Jordanian Local Bank”, Virginia Commonwealth University 2015 https://scholarscompass.vcu.edu/etd/3924
[6] The Identity Challenge in Finance: From Analogue Identity to Digitized Identification to Digital KYC Utilities DOUGLAS W. ARNER, DIRK A. ZETZSCHE, ROSS P BUCKLEY AND JANOS N. BARBERIS [2018] UNSWLRS 45
[7] Stark, R., Damerau, T., & Lindow, K. (2018). Industrie 4.0—Digital Redesign of Product Creation and Production in Berlin as an Industrial Location. The Internet of Things, pp. 171-186.
[8] Salem, F. (2017). Building a Smart City: Overcoming the Challenges of DT – The Case of „Smart Dubai“. Retrieved from https://books.google.hr/books?id=J7IpDwAAQBAJ&pg=PA139&lpg=PA139&dq=10.1108/S2048-757620170000006006&source=bl&ots=PqmlZBPvCx&sig=ACfU3U14YkdApD3U8qsxIlwb2KT1ahDI7w&hl=hr&sa=X&ved=2ahUKEwjMrvvMt6fjAhVN3KQKHTYzCgIQ6AEwAHoECAAQAQ#v=onepage&q=10.1108%2FS2048
[9] Yli-Huumo, J., & Smolander, K. (2017.) Changes and challenges of technical debt and its management during ongoing digital transformation. Ninth International Workshop on Managing Technical Debt (pp. 1-4).
[10] Knop, J. (2016). Chemistry 4.0 Challenges and Solutions for the Digital Transformation. Croatica Chemica Acta, 89(4), 397-402.
[11] Achatz, R. (2017). Digital Transformation at thyssenkrupp: Challenges, Strategies and Examples. International Conference on Advanced Information Systems Engineering (pp. 3-12). Springer, Cham.
[12] Khitskov, E., Veretekhina, S., Medvedeva, A., Mnatsakanyan, O., Shmakova, E., & Kotenev, A. (2017). Digital Transformation of Society: Problems Entering in the Digital Economy. Eurasian Journal of Analytical Chemistry, 12(5b), 855-873.
[13] Schwanholz, J., & Graham, T. (2018). Digital Transformation: New Opportunities and Challenges for Democracy? Managing Democracy in the Digital Age: Internet Regulation, Social Media Use and Online Civic Engagement, (pp. 1-7).
[14] Karim, H. S. B. H. A. (2004). Digital transformation of libraries in Brunei Darussalam: addressing the sustainability issues of VILIS Brunei. Emerald Insight, 38(3), 184-193.
[15] Boronos, V., Plikus, I., Aleksandrov, V., & Antoniuk, N. (2018). Digital transformation of Ukraine: challenges of theory and practice in implementation of digital quality of life. Economic Annals-XXI, 172(7-8), 38-43.
[16] Impact of digitization on transaction banking in Financial Industry: An evolving landscape Priyanka Sharma1