Adoption of technology has changed the contours of banking. The Core Banking Solutions (CBS)
opened new vistas. A customer no longer banks with a branch but with a bank. Banks of today
have however moved beyond CBS and have embraced newer and emerging technologies like Big
Data Analytics, Artificial Intelligence, Blockchain, etc. These technologies have ushered in
a metamorphosis of change in the Indian banking landscape and are considered to be a
creative force. Nevertheless, these emerging technologies are not without their challenges.
Cyber security assumes critical importance in an internet-based banking environment. Cyber
frauds can happen with global footprints. Research covering the above emerging technologies
would prove to be highly beneficial for the banks.
In the above milieu, the Indian Institute of Banking & Finance (IIBF) and the Institute for
Development & Research in Banking Technology (IDRBT) have taken an initiative to jointly
announce a “Research Fellowship in Banking Technology” in 2019.
About IIBF
Indian Institute of Banking & Finance (IIBF), formerly known as The Indian Institute of
Bankers (IIB), is a professional body of banks, financial institutions and their employees
in India. Since its inception in 1928, IIBF has emerged as a premier institute in banking
and finance education for those employed as well as seeking employment in the sector, aiming
for professional excellence.
About IDRBT
The Institute for Development and Research in Banking Technology (IDRBT) was established by
Reserve Bank of India in March 1996 as an Autonomous Centre for Development and Research in
Banking Technology. Over the years, the institute has positioned itself at the intersection
of academia and industry by focussing on applied research in various areas of technology
directly relevant to the banking and financial sector and reaching it to banks through
training, publications, banking technology forums, and consultancy.
