Cloud in Banking & Payment

Cloud computing’s importance has grown significantly in recent years. It has enabled the use of shared IT infrastructure and services to create a flexible, scalable, and on-demand IT environment. Cloud computing provides users with an approach to consuming IT that is significantly more flexible, resource-efficient, and cost-effective compared to traditional IT. The widespread move to home-working necessitated by COVID-19 would have brought businesses to a grinding halt had investments in cloud not been made over the last 10 years. That investment now has the potential to transform the way some businesses operate and Retail Banker International brings you all the latest information on cloud computing in banking & payment.