Final answer:
A growing trend in the banking industry includes online banking, cashless transactions, and the decline in the use of checks. The correct option is A)
Step-by-step explanation:
A growing trend in the banking industry is online banking, which allows customers to perform various transactions and manage their accounts through the internet. Online banking provides convenience and accessibility, as users can access their accounts anytime and anywhere there is an internet connection. This trend has been fueled by technological advancements and increased reliance on digital platforms for financial transactions.
Another growing trend in the banking industry is the shift towards cashless transactions. With the advent of digital payment methods such as mobile wallets, contactless cards, and peer-to-peer payment apps, more people are opting for digital transactions rather than using physical cash. Cashless transactions offer convenience, speed, and enhanced security.
On the other hand, the use of traditional payment methods such as checks has been declining. Paper checks are being replaced by electronic payment systems, which offer faster processing and reduce the risk of fraud.