Technology has drastically influenced financial transactions in modern banking through innovations like online banking, mobile apps, and blockchain technology. These advancements have streamlined transactions, making them faster and more secure. The use of encryption and tokenization enhances security, mitigating risks of fraud. Additionally, technologies like AI enable data analytics for personalized banking experiences and fraud detection. The rise of peer-to-peer payment systems also illustrates how technology reshapes transaction methods, facilitating greater accessibility for users.