Red Hat Newsroom

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  • FIs Need To Renovate – And Relocate – The Core

    Wednesday 16th September - 4:01 am To meet consumers where they want to bank — across mobile devices wherever they may be — financial institutions (FIs) must focus on re-tooling their core services in the digital ...
  • Cloud Banking Next Step In FI Modernization

    Monday 31st August - 9:30 am Cloud Banking Next Step In FI ModernizationWith estimates that over 500 billion real-time payments will be processed over the next five years, the race is on for upgrades and integrations that allow financial institutions (FIs) and ...
  • Deep Dive: Harnessing Cloud Technology To Accelerate And Secure Real-Time Payments

    Friday 28th August - 8:30 am The payments economy is continuously growing and becoming more digital. The global mobile payments market was valued at more than $3.7 trillion in 2019 and is expected to grow to ...
  • Truist Bank On The Benefits Of Cloud Payments Amid COVID-19

    Thursday 27th August - 8:30 am The COVID-19 pandemic has accelerated the need for financial institutions (FIs) to quickly scale and roll out faster payment experiences, whether that means offering businesses instant access to loans or ...
  • Are Banks Ready For The ‘Lifestyle Change’ Of Cloud Technology?

    Thursday 27th August - 4:02 am Thought Machine, fundraising, $83 million, Series B, Cloud Banking, startups, series B, investors, newsThe pandemic has accelerated modernization efforts among banks across the globe, but not all banks are created equal when it comes to cloud adoption. While, in general, banks are embracing the ...
  • Truist CIO: Overcoming The Roadblocks To Faster Payments

    Wednesday 26th August - 4:00 am Instant payments are in higher demand than ever in 2020, with ACI Worldwide estimating that more than 500 billion real-time payments will be processed over the next five years. India currently ...
  • Consumers Demand Payments Modernization

    Monday 10th August - 10:33 am digital payments mobileEnough with all the “digital transformation” talk, right? Wrong. Modernizing payments capabilities is one of the clearest paths out of the trackless post-pandemic forest, and businesses of any size that got ahead ...
  • Deep Dive: The Pressures Pushing Banks To Modernize Their Payments Infrastructures

    Monday 10th August - 7:45 am A multitude of payments flow between businesses, government agencies, individuals and others in the U.S. The Federal Reserve recently estimated that there were 174.2 billion non-cash payments with a total ...
  • Messaging Standards Bring Clarity To A Fragmented Payments Ecosystem

    Monday 10th August - 4:00 am Payments messaging standards are a critical component of interoperability between the increasing number of payment networks around the world. As a method of “speaking the same language,” between various networks ...
  • Deutsche Bank On Accelerating Payments In The Digital Age

    Friday 7th August - 7:45 am Immediacy has become the name of the game for vendors and suppliers facing crumbling revenue streams. But banks can find themselves struggling to facilitate faster B2B payments. In this month’s ...
  • Deutsche Bank: Regulation Complicates B2B Payments’ Digital Transformation

    Thursday 6th August - 4:02 am Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 billion noncash payments totaling $97.04 trillion in 2018. Businesses’ and individuals’ transaction methods ...
  • Helping Corporates Get Over The Real Time Payments Hump

    Wednesday 22nd July - 4:00 am Taking Sting Out Of Real-Time Corporate PaymentsAmong the value propositions for real-time processing is to improve liquidity while reducing transactional overhead. Yet for many entities, the concept of implementing real-time processing across an entire system can feel ...
  • IBM Earnings Show Enterprise Shift To The Cloud

    Monday 20th July - 10:23 pm IBM‘s revenue fell 5.4 percent in the second quarter due to the reduced spending on computer equipment during the pandemic in lieu of going digital on the cloud, Financial Times ...
  • Open Banking APIs Meet B2B Payments

    Monday 6th July - 9:30 am APISteady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. While much of the legal framework has ...
  • Deep Dive: How Open Banking Helps Accelerate B2B Payments

    Friday 3rd July - 8:00 am Open banking is shaking up the financial industry and is poised to revolutionize the way banks share data with each other as well as with third-party app developers, FinTechs and payment providers. Open banking ...