Tagged: cloud

June 23, 2020 @ 9:45 pm By Omar Faridi  |  

Max Chuard, CEO at Temenos (SIX: TEMN), a Switzerland-based banking software company, notes that the COVID-19 outbreak has accelerated the demand for the latest banking technologies and other cost-cutting performance efficiencies. Chuard says Cloud technologies and AI could potentially help banks weather significant socio-economic changes… Read More

June 22, 2020 @ 1:14 am By Omar Faridi  |  

We recently caught up with Jay Nair, Senior Vice President of Financial Services at Infosys (NYSE: INFY), a global leader in digital services and consulting. The company has clients in 45 countries who use its services to develop their digital transformation strategies. The firm has… Read More

June 9, 2020 @ 9:45 pm By Omar Faridi  |  

The global COVID-19 crisis has limited the ability of consumers to visit physical bank branch locations to take care of their banking needs or requirements. Customer service departments at banks have seen a dramatic increase in calls from clients who may have many questions and… Read More

June 9, 2020 @ 12:49 pm By Samantha Hurst  |  

Xignite, a provider of market data cloud solutions for financial institutions and fintech companies, announced on Tuesday the enhancements for two of its financial data cloud APIs. Now offering functionality built for greater speed and specificity, these APIs enable fintech companies to provide their users… Read More

June 7, 2020 @ 4:42 pm By Omar Faridi  |  

A blockchain or distributed ledger technology (DLT)-enabled pilot for handling various notary services has reportedly been introduced in Suzhou, China. China Quality News reports that Suzhou’s authorities are supporting the DLT pilot, which could potentially assist millions of residents with gaining secure access to legal… Read More

June 6, 2020 @ 11:39 am By Omar Faridi  |  

The Fintech sector continues to attract significant investments across the Middle East and Europe. However, the world is currently trying to cope with the socio-economic challenges created by the deadly COVID-19 outbreak. Competition in the Fintech space has been increasing steadily, with many new startups… Read More

June 5, 2020 @ 2:26 pm By Samantha Hurst  |  

CaixaBank, a retail banking group based in Spain, announced on Thursday it has reached an agreement with IBM Services (NYSE:IBM) to accelerate its “hybrid cloud journey” and increase the bank’s capability to develop innovative, digital-first solutions to enhance client experiences. According to CaixaBank, IBM has… Read More

May 26, 2020 @ 11:26 pm By Omar Faridi  |  

12CM (pronounced One-two-cee-em), the “smart” stamp software platform provider and a member company of the Born2Global Center, has partnered with Naver Business Platform (NBP). 12CM has reportedly been an active Born2Global Center member for the past couple of years. Through the partnership, 12CM will work… Read More

May 23, 2020 @ 9:13 pm By Omar Faridi  |  

  The Suseong University in South Korea will be working with the Korea Artificial Intelligence Association (KORAIA), in order to establish a blockchain or distributed ledger technology (DLT) and AI-focused campus in Daegu, a city located in the country’s North Gyeongsang province. Local media outlet… Read More

May 16, 2020 @ 12:32 pm By Omar Faridi  |  

US-headquartered nCino, an established cloud banking provider, has teamed up Sweden’s small business lender, Yourban, in order to support SME lending via the nCino Bank Operating System. Through the partnership, Yourban will be using a system that has been configured to meet the bank’s requirements…. Read More

May 14, 2020 @ 4:21 pm By Omar Faridi  |  

Danish small business accounting platform Billy aims to leverage Open Banking technology and processes, in order to gain access to SMEs’ data from banks. Billy aims to use its cloud platform to transform how SMEs perform their accounting work. Billy claims around 18,000 customers in… Read More

March 24, 2020 @ 8:18 am By Samantha Hurst  |  

Northmill, a banking group based in Sweden, recently announced it has invested in a new cloud-based platform from CRM company Zendesk, Inc., which is being used by companies such as Airbnb and Uber. According to Northmill, the purpose of the investment is to give the… Read More

March 23, 2020 @ 8:15 am By JD Alois  |  

On March 20, 2020, Finastra, a financial services software provider, announced that a “bad-actor” was attempting to introduce malware into their network in what was described as a “common ransomware attack.” Finastra is a company spanning retail banking, transaction banking, lending, and treasury and capital… Read More

March 9, 2020 @ 2:36 pm By Omar Faridi  |  

Standard Bank South Africa recently revealed that its migrating its core SAP cloud-powered platform to Microsoft Azure, in order to enhance customer experience and to be able to more effectively deploy new solutions. By teaming up with tech giant Microsoft, the financial institution hopes to… Read More

November 7, 2019 @ 6:38 am By Omar Faridi  |  

London-based Thought Machine, a Fintech firm that aims to address the banking sector’s dependence on legacy IT infrastructure, revealed on November 6 that it’s launching “Vault Rare.”  Vault Rare is a new product that will be integrated on top of Thought Machine’s cloud-native banking platform,… Read More

September 26, 2019 @ 8:55 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced its new Salesforce Commerce Cloud Integration. According to Wirecard, the integration will enable merchants to integrate their shops with Wirecard’s digital financial commerce platform and provide business customers, as well as consumers, with what Wirecard… Read More

January 16, 2019 @ 12:54 pm By Samantha Hurst  |  

Banking software company Temenos announced on Wednesday the launch of its two new cloud-native, cloud-agnostic products, Temenos Infinity and Temenos T24 Transact. According to the company, these two products are to help accelerate cloud adoption and will combine complete banking functionality in the market, leveraging… Read More

October 3, 2017 @ 1:15 pm By Samantha Hurst  |  

Cloud software company Vlocity, Inc. announced on Tuesday the launch of its new consumer-friendly mobile application, Vella. According to the company, Vella enables insurance carriers to offer a personalized and modern way for their customers to handle their insurance needs.  While sharing more details about the… Read More

May 4, 2017 @ 3:51 am By Jonathan Nieh  |  

Last week, TABB Group released a report entitled “Financial Markets: Embracing RegTech” which focused on the growing issue of increasing regulatory compliance facing financial institutions today. TABB Group is an international research and consulting firm focused on capital markets. Problem: Increasing Regulations Post-2008 The global financial… Read More

April 2, 2017 @ 12:26 pm By Jonathan Nieh  |  

Last Monday, Fintech company cloudvirga, developer of a cloud-based mortgage automation platform, announced it raised $15 Million is Series B funding. Cloudvirga’s trademarked intelligent Mortgage Platform (iMP) automates the entire mortgage workflow process between borrowers and lenders. Central to cloudvirga’s success is its ability to maintain strict… Read More