We are now into Cloudbase Banking
A cloudbase Banking System is a kind of banking where bank transactions are done basically online without the usual stress of manual processing. Here, so many mistakes are ameliorated and transactional errors are also reduced. The risks of securing our offline database (server) will be a story of the past because the online server can always be there to replace any lost data in the offline mode. In this kind of Banking, Automatic Teller Machine (ATM) card is given to all customers who are interested in an ATM package so that they can make withdrawals, transfers and as well recharge online as it is obtainable in the commercial Banking Industries.
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