Big data once topped every corporate wish list, right next to “digital transformation” and “innovation.” While the buzz has faded, the massive data processing revolution continues to reshape industries worldwide, from scientific research to retail operations. Big data refers to large and complex datasets that...
It seems like everything is moving to the cloud — from data to infrastructure — as companies seek to cut costs and scale their operations. In financial services, that means bringing new products and payments to new markets and users as new ecosystems take shape,...
Google reportedly asked the Federal Trade Commission (FTC) to end Microsoft’s exclusive agreement to host OpenAI’s technology on its cloud servers. The company did so after the agency asked it about Microsoft’s business practices as part of a broader investigation, The Information reported Tuesday (Dec....
Amazon Web Services (AWS) says its data transfer terminal offering has gone online. The terminals, announced in a blog post on Sunday (Dec. 1), provide a physical location where users can bring storage devices to upload data more quickly to the AWS cloud. The first...
January 01, 2025
The year 2024 proved to be full of transformative shifts and strategic pivots. PYMNTS sat down with some of the industry’s most influential leaders, capturing insights that shaped the narrative of financial innovation. From the pressing need for robust compliance in an increasingly scrutinized FinTech space to the revolutionary potential of cloud migration and artificial […]
December 12, 2024
It seems like everything is moving to the cloud — from data to infrastructure — as companies seek to cut costs and scale their operations. In financial services, that means...
July 17, 2024
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...
December 05, 2022
In a year filled with belt-tightening and challenges, retailers are tapping cheaper cloud-based tech solutions. From the ongoing Ukraine crisis and supply chain issues to an energy crisis and decreased...
December 11, 2024
Google reportedly asked the Federal Trade Commission (FTC) to end Microsoft’s exclusive agreement to host OpenAI’s technology on its cloud servers. The company did so after the agency asked it about Microsoft’s business practices as part of a broader investigation, The Information reported Tuesday (Dec. 10), citing an unnamed source. Reached by PYMNTS, the FTC, […]
December 02, 2024
Amazon Web Services (AWS) says its data transfer terminal offering has gone online. The terminals, announced in a blog post on Sunday (Dec. 1), provide a physical location where users...
December 02, 2024
Dutch cloud computing company Nebius has reportedly raised $700 million from investors including Nvidia. The company, which rebranded from Russian internet company Yandex, has sold that business’s search engine and...
November 27, 2024
Amazon Web Services says it’s helping the U.K.’s most famous broadcaster move to the cloud. The British Broadcasting Corp. (BBC) will embark on this transformation using RISE with SAP on...
