Today’s digital landscape has transformed the operational calculus for financial institutions (FIs) and corporations. And with the news Thursday (July 17) that the U.S. Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) published a suite of resources to share with financial...
The modernization of back-end systems represents an ongoing challenge for banks, especially as they seek to introduce new digital-first services. The options used to be stark: Rip and replace, or get the most mileage of the legacy systems already in place. In recent years we’ve seen the continued emergence of...
Italy’s Metoda Finance has partnered with German cloud-banking platform Mambu to improve regulatory compliance for Italian financial institutions (FIs) making the digital transformation, a press release said Thursday (Sept. 22). The collaboration will offer a suite of regulation-driven banking technology solutions, which will be integrated...
Community bank Arvest Bank has announced a five-year partnership with Google Cloud to accelerate its digital transformation, a press release said. It comes after the bank also teamed with Thought Machine, a banking software FinTech, as well as its appointment of growth strategist Laura Merling...
The Bank of London announced Tuesday (June 28), that it will integrate SAP Fioneer’s Cloud for Banking platform (C4B) into the Bank of London API. The news sets the stage for an anticipated launch of the new clearinghouse on the global stage in October. The...
The ways that banking, finance, and technology meet in London explain a lot about the economic landscape of the U.K., and understanding this dynamic can unlock important investment opportunities for startups looking to scale. Related: UK Sets Course to Woo Big Tech In their respective...
Banking technology platform Thought Machine is launching cloud-native cards and payments processing on the Mastercard network. Built from the ground up, Thought Machine’s Vault Payments is a cloud-native payments processing platform that is scalable, configurable and operates in real-time, according to a press release on...
Google Cloud, KeyBank and Deloitte have embarked on a multi-year partnership designed to accelerate the bank’s commitment to cloud-first banking. The collaboration, announced by the companies in a news release Thursday (Feb. 3), will make the Cleveland-based KeyBank one of the country’s largest regional banks...
Wells Fargo has debuted a new digital infrastructure strategy, which will use a multicloud method with third-party data centers to drive speed, agility and scalability, according to a press release. The bank will be using two industry leaders as cloud providers: Microsoft Azure and Google...
