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The IDRBT Journal of Banking Technology is the culmination of the Institute’s
efforts to bring together high quality research output across all areas of technology
that are directly or indirectly relevant to banking. The aim of the journal is to publish
current research from academia and also present the emerging perspectives of
practitioners.
I am happy that researchers and professionals of very high standing contributed to this
inaugural issue of the Journal. It is an honour to receive an article by Dr. Duvvuri
Subbarao, Former Governor, Reserve Bank of India on “Disruptive Innovation in the
Financial Sector” for the very first issue. The article is an extension of his talk on the
th
same topic at the 18 International Conference on Distributed Computing and
Networking, held at IDRBT from January 05-07, 2017
The three research articles – “Artificial Neural Networks for Artificial Intelligence”
by Prof. Nikola Kasabov, “Anomaly Detection in Banking Operations” by Prof.
Chilukuri K. Mohan and Prof. Kishan G. Mehrotra and “Indoor Self-Localization via
Bluetooth Low Energy Beacons” by Prof. Marco Aiello et al - have dwelt on artificial
intelligence, anomaly detection and location information, which are important areas
of focus of banking technology. The article titled “Upcoming Research Challenges
in the Financial Services Industry: A Technology Perspective” is an apt contribution
by Raghu Krishnapuram, Anirban Mondal for the first issue of the Journal as it details
the various current research areas in the financial services industry and draws the
broad contours to the scope of the journal.
We have set ourselves the goal to make this journal a repository of high quality
research and application articles on technology that is useful to banking. We feel, we
have half-achieved the goal with the receipt of articles from reputed researchers and
professionals from various parts of the world – making it a truly international journal.
We endeavour to grow with every issue under the able guidance of the top-rated
Editorial Board members and continued support from researchers and practitioners
globally.
Dr. A. S. Ramasastri
Editor-in-Chief

