Generative Data Intelligence

Tag: Core & Cloud

Banks turn to fintechs for middleware technology

Choice Bank is leveraging fintech partnerships in order to format and move information between datasets using middleware technology and APIs. The ability for a...

Amazon cloud unit on course for $3 trillion value, Redburn says

Amazon.com Inc.’s cloud-storage business is on a clear path toward a $3 trillion value, almost triple what the whole company is worth now in...

4 ways to enable technology resiliency at banks

Rapidly scaling technology can foster innovation at the bank level, but it can also create operational risks — from data breaches and environmental failures...

Core providers Fiserv, CSI announce new deals

Fiserv announces 9 deals, including $991M US Metro Bank Core provider Fiserv revealed it has signed multiple new banks during the first quarter, including...

Fifth Third migrates mobile app to the cloud

Fifth Third Bank will migrate its mobile app to the cloud before the end of the year. The $211 billion Cincinnati-based bank initiated its...

RPA vendor UiPath looks to digital growth after ‘choppy’ Q1

Digital transformation budgets are on the rise, with larger companies with greater than $1 million in revenue spending up to 62% more on digital...

Mobile bank N26 increases app store releases by 200%

Mobile bank N26 reduced its app build and testing times significantly after moving to a cloud-based platform that helps automate aspects of mobile app...

Transactions: Blockchain, cloud and digital platform

SWIFT chooses Google Cloud for collaboration The Society for Worldwide Interbank Financial Telecommunications (SWIFT) is collaborating with Google Cloud on its new network connectivity...

Payments, originations drive NCR’s skyrocketing digital banking growth

Digital payments and loan originations are driving revenue transformation for NCR Corp., which is known originally as a provider of automatic teller machine (ATM)...

Nimble cloud infrastructure is key to banks’ customer-focused strategies

The decision to change cores is often cost-driven, but that’s shifting as banks move from product-focused strategies to customer-focused strategies. “I would say that discussion is moving much more into a strategic conversation around ‘If I don't change my core, am I actually able to keep up with my client demands?’” said Peter Pollini, banking […]

Fiserv holds 40% marketshare among core bank processors in Q1

Core provider Fiserv held 40% marketshare among the top bank core processors during the first quarter of 2022. Fintech data analytics company FedFis on Wednesday released the 2022 market information in chart form. All core providers listed are based in the U.S., except London-based Finastra. FedFis tracks financial, merger and acquisition, and vendor data — […]

Google to buy cybersecurity firm Mandiant for $5.4B

Google agreed to acquire cybersecurity company Mandiant Inc. for $5.4 billion, its second-biggest deal ever. With Mandiant, Alphabet Inc.’s Google gets more tools to protect its cloud clients by responding quickly to online threats. The company is working to recruit and support cloud customers amid stiff competition from Microsoft Corp. and Amazon.com Inc. Google will […]

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