{"id":3620,"date":"2012-09-14T08:35:00","date_gmt":"2012-09-14T08:35:00","guid":{"rendered":"http:\/\/www.cloudcomputing-news.net\/blog-hub\/2012\/sep\/14\/can-the-cloud-assist-the-banking-industry\/"},"modified":"2012-09-14T08:35:00","modified_gmt":"2012-09-14T08:35:00","slug":"can-the-cloud-assist-the-banking-industry","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/can-the-cloud-assist-the-banking-industry\/","title":{"rendered":"Can the cloud assist the banking industry?"},"content":{"rendered":"<p>The banking industry has faced a vast number of challenges recently and continues to do so, particularly with increasing regulations, unhappy customers, strengthening competition and decreasing levels of profitability.<\/p>\n<p>So, in a time full of change, it would seem that banks need to keep up with the times! Cloud hosting can certainly help the banking industry do this&hellip;<\/p>\n<h2>Modern Demands<\/h2>\n<p>As more banks begin to transform their product offerings, channels and customer services to reflect modern day demands, banks will need to enable a more competitive, consumer-focused business model that will also need to be more efficient.<\/p>\n<p>This is where cloud computing comes in.<\/p>\n<p>Thanks to its low cost, high scalability, unlimited processing power, agility, storage benefits and speed, banks will certainly be in a beneficial position if they properly implement <strong>cloud hosting<\/strong>.<\/p>\n<p>Some key movements in banks&rsquo; use of cloud computing have been identified this week, such as cloud &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The banking industry has faced a vast number of challenges recently and continues to do so, particularly with increasing regulations, unhappy customers, strengthening competition and decreasing levels of profitability.<br \/>\nSo, in a time full of change, it &#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3620","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/3620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=3620"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/3620\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=3620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=3620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=3620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}