During the earliest days a bank would merely offer protection to money or valuables kept under deposit. In medieval times the Knights Templar, not only stored valuables and offered loans but also facilitated for the transfer of money and valuables from one country to another.
Loaning of money was also important, and security of the corpus for loaning was also important. Usually this was done through ensuring physical security – guards, strong-rooms, etc. The penal code was strict, and robbers or thieves would get summary statements and executions when caught, providing an element of deterrence. Today, the range of banking services have increased, the corpus of resources involved have shot through the roof, and the number of people involved as service takers or providers have increased tremendously. The human rights regime has decreased the deterrence involved. Under such circumstances, ensuring the safety and security of funds is of utmost importance.
Catering to such large number of customers requires clever and flawless management. Ensuring the security and authenticity of transaction instruments is important to save against frauds. Payroll management, fund management and other aspects of banking requires expert services which were unthought-of in earlier days. The use of banking equipment and services are of utmost importance under such circumstances.
The equipment and services referred to can be many: check printing, levy processing, domestic collection and wire transfers, ATM machines and accessories, currency counters, micrographics, check encoders, compliance and financial software, online banking and database facilities, etc. This section of the directory is your guide to such myriad range of products, and provides links to vendors providing all sorts of services for all your banking needs.