In the USA for example, the value provided by banks with mobiles is the remote deposit capture i.e. where the customers increasingly use online mobile services to deposit paper checks. Although it is a driver for mobile banking adoption, increasing efficiency in usage of checks is an important value addition particularly to be noted from the Indian perspective.
BIS central bankers’ speeches  5  Cloud computing – “pay only for what you use” It is becoming evident that cloud computing is getting cost effective in setting up IT infrastructure. The big and medium enterprises are now migrating to hybrid cloud models.