Abstract

The role of information technology in the banking sector is very important and even impossible to separate because almost all mechanisms in the implementation and processing of data are already in the form of information where only the information technology can be completed. As an example of ATM, is a technology that applies the concept of digital-based data processing, where the component of this tool is divided into two, namely hardware and software. The hardware is the PC and the ATM device interface itself and the software that runs and manages all transaction records. The purpose of this study was to determine the effect of technological progress on community welfare, employment and economic growth in Banten Province. The research data used in this study are secondary data, namely banking data and data taken from the Central Statistics Agency for the period of 2016-2018. The results show that technological advancements result in reduced employment but community welfare and economic growth are increasing.

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