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Published on Tuesday, May 10, 2016 | Updated on Tuesday, May 10, 2016

U.S. | Cloud banking or banking in the clouds?

Cloud computing is used by most banks, but not commonly for core services, mainly due to risk concerns. Moving core services to the cloud could help banks focus on their primary mission and save money, but it comes with significant challenges. Smaller banks will lead the transition of core services to the cloud as they are positioned to make the largest relative gains

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