Scheme for Research Fellowship in “Banking Technology” (Joint initiative of IIBF
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”
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.
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,
Themes or Thrust Areas
The research fellowship in Banking Technology, a joint initiative of IIBF and IDRBT,
aims to sponsor technically and economically feasible technology research projects
which has the potential to contribute significantly to the Banking and Financial
Sector. Research proposals, focussed on the following thrust areas of Banking Technology,
- Cyber Security
- Mobile Banking
- Emerging Technologies
- Payment Systems