Tagged: amazon web services

Digital Transformation: Finaxct Cloud Core Now Being Used by Live Oak Bank

Finxact, an established Core as a Service banking provider, reveals that Live Oak Bank, a small business bank, has converted its retail and commercial deposit accounts to the Finxact Core. The conversion serves as an inflection point for the sector with a $8 billion+ banking… Read More

Global Open Finance Challenge Being Launched by NatWest Group and Other Leading Financial Institutions

NatWest Group, National Australia Bank, Canadian Imperial Bank of Commerce, and Itaú Unibanco will reportedly be conducting the Global Open Finance Challenge, which will aim to promote innovation and the development of new services for a globally accessible, Open Finance ecosystem. The four banking institutions… Read More

Amazon Web Services Chosen by Sun Life as its Cloud Tech Provider, Aims to Become Cloud First Organization

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), recently revealed that Sun Life (TSX: SLF) (NYSE: SLF) has chosen AWS as its Cloud tech  provider in order to become a “Cloud-first” organization, supporting ongoing innovation, and develop digital client experiences. Sun Life… Read More

US Fintech Broadridge Partners with Amazon Web Services to Expand Private Market Hub, Leveraging DLT

US-based Broadridge Financial Solutions (NYSE: BR), a tech solutions provider, revealed on Wednesday (June 9, 2021) that it has teamed up with Amazon Web Services (AWS) in order to expand its Private Market Hub platform. The Private Market Hub will leverage distributed ledger technology (DLT)… Read More

Amsterdam based Backbase, a Fintech Software Provider, Chosen by UNOBank to Offer Engagement Banking Platform

Amsterdam-based Backbase, a Fintech software provider that “empowers” financial institutions to accelerate their digital transformation strategies in order to compete in a digital-first world, has been chosen by DigiBankASIA to provide its “full-stack” online engagement banking platform solution for its virtual bank UNO. Backbase will… Read More

European Central Bank Warns Against Potential Threat of Dominance of Big Tech in Financial and Cloud Services

The European Central Bank (ECB), the reserve bank of the Eurozone, which is a monetary union of 19 EU member states which employ the Euro, has noted that there doesn’t seem to be an EU challenger that’s capable of matching the capabilities of Big Tech… Read More

HSBC Partners with Hong Kong Science and Technology Parks Corp. to Assist Startups with Open Banking, Also Signs Cloud Deal with AWS

HSBC, a British multinational bank and financial services holding company with over $2.5 trillion in total assets, has partnered with the Hong Kong Science and Technology Parks Corporation (HKSTP) in order to assist startups with their Open Banking programs (in Hong Kong). The API EcoBooster… Read More

Fintech: Bahrain’s Banking Industry Remains Focused on Adopting Innovative Financial Technologies, According to Local Investment Professional

David Parker, co-chief investment officer at the Bahrain Economic Development Board (an organization responsible for attracting inward investment into the Kingdom for key areas such as technology development and supporting the local financial and banking industry), recently confirmed that the country aims to position itself… Read More

FINRA Selects Amazon Web Services as Cloud Service Provider for Market Surveillance Data

The Financial Industry Regulatory Authority (FINRA), a private US-based corporation that acts as a self-regulatory organization, has chosen Amazon Web Services (AWS) (NASDAQ:AMZN) as its cloud service provider for market surveillance data. AWS’s cloud services will be used by FINRA’s consolidated audit trading (CAT) subsidiary…. Read More

AWS Announces Amazon Quantum Ledger Database (QLDB) & Amazon Managed Blockchain

Amazon Web Services, Inc. (AWS), an Amazon company (NASDAQ:AMZN), announced on Thursday the launch of two new services to help companies manage business transactions that require full auditability, Amazon Quantum Ledger Database (QLDB) and Amazon Managed Blockchain. According to AWS, Amazon QLDB is a transparent,… Read More

Xignite Milestone: Now Receives Five Billion API Requests Per Day For Financial Data

Fintech

Xignite, a provider of market data cloud solutions for financial institutions and fintech companies, announced on Wednesday it has reached a milestone of serving five billion API requests per day. Founded in 2006, Xignite provides cloud-based financial market data APIs to help emerging companies and established… Read More

ConsenSys Forms New Partnership With Amazon Web Service For Blockchain Business Cloud “Kaleido”

ConsenSys announced earlier this week it has teamed up with Amazon Web Services to launch Kaleido, a new blockchain business cloud that’s aimed to speed and simplify enterprises’ journey to using the technology. ConsenSys claimed that Kaleido is the first Software-as-a-Service featuring popular Ethereum packages Geth and… Read More

Amazon Web Services Launches New Blockchain Templates

Amazon Web Services (AWS) announced last week the launch of its new blockchain templates. According to the web company, the AWS Blockchain Templates provide a “fast and easy way” to create and deploy secure blockchain networks using popular open source frameworks. AWS also reported that… Read More

Xignite Receives AWS Financial Services Competency Status

Xignite, a provider of market data cloud solutions for financial institutions and fintech companies, announced on Tuesday it has achieved Amazon Web Services (AWS) Financial Services Competency status. The company stated: “Achieving the AWS Financial Services Competency differentiates Xignite as an AWS Partner Network (APN) member that… Read More

Crowdcube Announces Partnership With Amazon Web Services

UK-based equity crowdfunding platform Crowdcube announced on Wednesday it has formed a new partnership with Amazon Web Services. This new collaboration will help the funding portal provide eligible companies with membership to the Activate program. The Activate program is described as the following: “Amazon Web Services provides… Read More

Avoka Receives AWS Financial Services Competency Status for its Digital Account Opening Platform

Avoka, a digital customer acquisition for financial services company, announced on Thursday it received Amazon Web Services (AWS) Financial Services Competency status. The company stated this designation recognizes its platform, which is used for bank account opening, wealth management onboarding, and insurance policy applications,  for… Read More

Banking Platform Mambu Receives AWS Financial Services Competency Certification

Mambu, a software as a service (SaaS) banking platform, has received the Amazon Web Services (AWS) Financial Services Competency certification. Mambu states it will be one of the first companies to benefit from the new program that launched at re:Invent in Las Vegas. According to… Read More

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