A Comprehensive Report: Digital Technology's Impact on HSBC Bank

This report examines the impact of digital technology on HSBC Bank, a leading global financial institution. It explores the conceptual framework of digital technology in the banking sector, identifies its effects on HSBC's performance, and analyzes the challenges faced in the absence of digital solutions. The research addresses aims and objectives including identifying the impacts of the digital era, determining the conceptual framework of digital technology, identifying impacts on performance, and explaining challenges. The literature review covers various perspectives on digital technology and its influence on business operations, performance, and customer service. The report also investigates the research methodology, including research philosophy, approach, design, and data collection methods. The findings highlight the importance of digital technology for data management, security, and operational efficiency, while also acknowledging the challenges related to competition. The report concludes by emphasizing the need for continuous adaptation and innovation to leverage digital technology effectively.