UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 5 Issue 11
November-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRL006010


Registration ID:
190352

Page Number

40-42

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Title

The Future Impact Of Cloud Banking

Abstract

The cloud banking is a paradigm shift from traditional banking to internet banking by which infinite computing capabilities and resources such as servers, storage, networks, applications and services are delivered as service to customers through internet. Cloud economics is attractive and closely related with financial service organisations. Cloud banking system provides facilities for users to develop, deploy and manage their applications on the cloud as well as co-operate with current economic uncertainties, interconnected global financial system and growing customer demands. Though the financial service firms can be benefited from cloud computing like perceived cost savings, ease of scaling in and scaling out, faster time –to- market for deploying systems, computerisation of enterprise wide data as service, standardisation of technology, customer satisfaction and mobility of service, they have to meet the challenges like security and confidentiality of using cloud technologies in banking sector. Future of cloud computing has created an excitement around the world. But there is a fear of cloud security too. With the increase in advance security layers in storage area, enterprise could achieve the confidence to use it and it could pave a path of having the data in one plat form.

Key Words

Time saving, Easy retrieval of data, Mobility of service, Cost benefit and management of applications

Cite This Article

"The Future Impact Of Cloud Banking", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.40-42, November-2018, Available :http://www.jetir.org/papers/JETIRL006010.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"The Future Impact Of Cloud Banking", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp40-42, November-2018, Available at : http://www.jetir.org/papers/JETIRL006010.pdf

Publication Details

Published Paper ID: JETIRL006010
Registration ID: 190352
Published In: Volume 5 | Issue 11 | Year November-2018
DOI (Digital Object Identifier):
Page No: 40-42
Country: Coimbatore, Tamil nadu, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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