Tagged: cloud

SaaS Platform Plannuh, which Focuses on Financial Management, Business Optimization, Secures $4.1 Million

Plannuh, a software-as-a-service or SaaS firm automating core marketing leadership processes such as planning, financial management, and optimization of business outcomes, reveals that it has finalized a $4.1 million equity round that was led by Ripple Ventures. Existing investors Glasswing Ventures, an early-stage VC firm… Read More

Softbank backed THG Ingenuity Makes Strategic Investment in Civo, a Cloud Tech Platform

Mark Boost, CEO at Civo, says he’s pleased to confirm that THG Ingenuity, the technology division of digital commerce platform THG, has invested $2 million in order to “take a minority stake in Civo.” Boost writes in a blog post that they’re “proud” to be THG… Read More

Payments Fintech FortisPay Acquires OmniFund, a Cloud based Payment as a Service Platform

Fortis Payment Systems, LLC, a payment tech provider for businesses, independent software vendors (ISVs) and developers, reveals that it has acquired OmniFund, whose Cloud-powered Payments-as-a-Platform service is being leveraged by software and enterprise resource planning ERP solutions. Established in 2005, Omni is focused on offering… Read More

Temenos, IBM Cloud Improving Hybrid Cloud Capabilities

Banking software company Temenos this week announced the availability of Temenos Transact next-generation core banking with Red Hat OpenShift on IBM Cloud, to accelerate hybrid cloud adoption within the financial services industry.  Temenos Transact helps banks adopt a cloud strategy for their core banking systems… Read More

Bankwise Technology Unveils Happy Banker, a Solution for Streamlining Operations for Financial Service Providers

BankWise Technology has unveiled Happy Banker, a software service for banking institutions and credit unions that makes use of the FIS Horizon core system for their banking requirements. As first reported by Finextra, these modules assist banking platforms with leveraging their core processing system without… Read More

Global Payments to Acquire MineralTree, An Accounts Payable Automation Firm

Global Payments Inc. (NYSE: GPN), a provider of payment tech and software services, has entered an agreement to acquire MineralTree, a provider of accounts payable automation and B2B payments solutions, from an investor group that’s led by Great Hill Partners, .406 Ventures and Eight Roads… Read More

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

Hawk AI Partners with Berlin’s Moss for Comprehensive Management of Secure Payments

Hawk AI, Germany’s software provider of Transaction Monitoring for banking institutions, payment companies and Fintech firms, reveals that it has teamed up with Moss, a Berlin-headquartered expense and financial platform for comprehensive management of card payments, worker expenses, and invoices. Through the partnership, Hawk AI’s… Read More

Ontology Partners with 4EVERLAND, a Web 3.0 Cloud Computing Platform

Ontology (ONT), a high-performance blockchain platform focused on digital identity solutions, is teaming up with 4EVERLAND, a Web 3.0 Cloud computing platform supporting global acceleration of digital tech, privacy protection, distributed storage and various other technical features to enable the transition to Web 3.0. As… Read More

Databricks, a Data and AI Firm, Finalizes $1.6B Round at $38B Post Money Valuation, to Support Data Lakehouse Adoption

Databricks, the data and AI firm, reveals that it has completed a $1.6 billion round in order to promote the innovation and adoption of the data lakehouse, as the data architecture’s utilization across data-oriented organizations keeps growing rapidly. The Series H investment round in Databricks… Read More

Vietnam based Virtual Bank Cake Selects Mambu as Cloud Banking Service Provider

Vietnam-based virtual bank Cake reveals that it has chosen Cloud banking service provider Mambu in order to scale its business operations towards providing a comprehensive range of digital banking solutions. As noted by its management, Cake is a “lifetime free digital bank with a mission… Read More

ThycoticCentrify, a Provider of Cloud Identity Security Services, Updates Privileged Access Management Solution

ThycoticCentrify, a provider of Cloud identity security services established via the merger of privileged access management (PAM) leaders Thycotic and Centrify, recently revealed that it has made updates to its PAM solution for DevOps, Thycotic DevOps Secrets Vault. The updated version provides certificate-based authentication and… 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

Canadian Travel Tech Firm Hopper Acquires $175M to Boost its Fintech Offerings via the Cloud

Canada’s travel technology firm Hopper recently finalized a $175 million Series G round that was led by New York-based GPI Capital. As noted by its management: “At Hopper, we’re on a mission to build the most customer-centric travel company on earth. We are leveraging the… Read More

Decentralized Cloud Computing Blockchain Platform aelf Shares Updates Regarding MainNet Token Swap

The team at aelf, a decentralized Cloud computing blockchain platform, told CI that their mainnet has proven performance and function. The team will be conducting its mainnet token swap in September 2021. Additionally, the aelf team shared updates regarding its work with the Chinese government…. Read More

Symphony, the Markets Infrastructure Platform, to Offer Verified Directory for Financial Services Sector after Streetlinx Acquisition

Symphony, the market’s infrastructure and technology platform, confirmed that it will now provide a complete, secure and verified directory for the financial services sector as it has acquired StreetLinx, a counterparty mapping platform. This acquisition adds more than 200 institutional counterparties to the 1000+ institutions… Read More

Digital Transformation: Finaxct Cloud Core Now Being Used by First Horizon Bank in Memphis, Tennessee

Finxact, a Core as a Service banking provider, reveals that First Horizon Bank, the super-regional bank based in Memphis, Tennessee, has converted its VirtualBank brand from its legacy core to the Finxact Cloud-core. The conversion represents a key milestone for the new era of Cloud… Read More

Facteus Joins Snowflake Partner Network to Help Financial Services Providers Safely Migrate Sensitive Data to Snowflake Data Cloud

Facteus, a provider of technology and services to access actionable insights within sensitive data, reveals that it’s now part of the Snowflake Partner Network, mainly focusing on supporting financial services organizations to securely access the scale, speed, and data services (available via the Snowflake Data… Read More

Digital Banking: Australian Virtual Bank Alex has Gone Live on the Temenos Banking Cloud

Switzerland’s banking software firm Temenos (SIX: TEMN) recently revealed that Australia’s digital banking platform, Alex, has now gone live on the Temenos Banking Cloud. Temenos technology will be used to support Alex’s launch as a licensed banking solution provider, after the acquisition of its Restricted-Authorized… Read More

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