Technology has changed the scene of every aspect of life, and many practices on individuals and organizational levels have changed due to technology. Among these aspects are accounting and its practices. The current study hypothesized that “technological vigilance mediates the relationship between accounting digitization and efficiency and accuracy of financial information within USA banking sector”. In order to check the validity and truthfulness of this allegation quantitative methodology was adopted, and a questionnaire was developed in order to collect primary data from (303) individuals within the American banking sector. We have adopted aspects of accounting digitization that included data automation and processing, real-time reporting, advanced analytics and data visualization, security and auditability, and streamlined workflow. Results of analysis indicated the acceptance of our allegations and confirmed that technological vigilance can facilitate the relationship between accounting digitization and to enhance efficiency and accuracy of financial information. Also, study indicated that accounting digitization helped in facilitating a streamlined workflow which helped in increasing the accuracy and efficiency of financial information. Study recommended enriching employees’ knowledge with seminars, workshops, and course regarding accounting systems and increases their knowledge of technology in accounting.