Cloud Banking

[NikkyG]

What is cloud banking?

How cloud computing can be used in banking?

Please provide some detailed information regarding banking on the cloud.

[Catherine]

As far as I know, Banks require a very scalable and highly reliable solution for business and hence a Cloud hosting solution is indeed an answer for their requirements. Cloud hosting plans are extremely reliable as they offer 100% uptime guarantee and a Cloud hosting plan can be very useful for them as it's possible to increase the capacity of the solution at any point of time.

[MattBarthorp]

The concept "cloud" banking services has somewhat started to take shape as it seems. As cloud computing enables users to club together the services they want via the internet, so too should their be cloud banking applications that do the same IMO. Since various elements of banking are interchangeable ie. deposits, checking, credit Cloud banking can be a fruitful solution of the future.

[Adrian]

I think Cloud hosting solution will be required by most of the banks in near future as most of the customers have started using Internet banking nowadays due to the convenience it offers. Cloud hosting is an extremely reliable and customizable solution due to which it would be necessary for the banks to use it as most of the banks have increasing number of customers and they have to introduce new features and applications for the convenience of users which is possible with the Cloud hosting solution.

[Macdale]

Yes, most of the people now-a-days are using Internet banking, and thus to provide better service quality and accessibility to their users from anywhere and any-time, cloud banking could be consider a great solution. Due to the high availability and reliability of the cloud, bank customers are easily able to have access to their accounts for 24 hours.

Now-a-days, we have alternatives to traditional banking, which exists online. The advantage of online banking is that you don't need to visit any branches, as they doesn't exists in most of the banks. Cloud banking allows customers to do their online savings, checking their accounts as they provide greater flexibility and convenience over the traditional banks.

Cloud Banking, enables bank customers to manage their bank transactions from your comfort zone, wherever there is an internet connection.

[Mikehussy]

Users, customers, innovators, seekers—the majority bottom sections of the social and economic pyramids—these are the big winners in the many wonderful effects of the Web and Internet.