Cloud Computing in Banking: An Overview

Cloud computing is the advanced tool for information technology that set aside individual or organization to make the most of the internet for patter into forceful hardware and software programs and tools. Cloud computing is turned into the banking sector new a days, because the public utilization of banking transaction is increased day by day. Cloud banking given the most reasonable money transfer with safety transactions. Time reduction also one of the main factor for the fast growth of cloud computing in banking sector. In this study cloud computing in banking has been analyzed in detailed manner with respect of the scope of cloud banking, advantages of cloud banking, disadvantages of cloud banking and comparison of cloud banking with traditional banking. Finally this study provides that there is growth of cloud banking gives many benefits at the same time limitations also. Beyond the limitations all is continuously using the cloud banking.