Talend, which specialises in big data and cloud integration, is acquiring the outstanding shares of Restlet SAS, a France-based company that specialises in API design and testing, reports Enterprise Cloud News (Banking Technology‘s sister publication). Although no financial details were released, all 16 members of the Restlet staff along with the company’s founder will join […]
For several years, it appeared the role of the CIO had been eclipsed by others – CMO, CFO, chief digital officer – who looked to claim a greater role and say over what information technologies their enterprises would invest in, reports Enterprise Cloud News (Banking Technology‘s sister publication). It’s not so much over what specific […]
Microsoft is looking to make cloud infrastructure safer at the hardware level with a new offering called “Project Cerberus,” which is the company’s latest contribution to the Open Compute Project (OCP), reports Enterprise Cloud News (Banking Technology‘s sister publication). Company engineers unveiled Cerberus at Zettastructure, the European digital infrastructure conference, which is taking place this […]
Google’s enterprise momentum is building, as Google and Salesforce have combined online and offline analytics, reports Enterprise Cloud News (Banking Technology‘s sister publication). Google also becomes a preferred Salesforce infrastructure partner – but not the preferred infrastructure partner, a Salesforce executive noted carefully. The analytics collaboration will allow enterprises to aggregate analytics for both online […]
Thailand-based Krungsri (Bank of Ayudhya) and IBM have completed a blockchain pilot project to streamline the bank’s contract management process across its offerings.
Cisco and its partners want to put IT back in charge of their enterprise technology infrastructure, reports Enterprise Cloud News (Banking Technology’s sister publication). Years of deploying technology in multiple locations have left enterprise IT with cloud sprawl, workloads spread over multiple public, private and hybrid clouds. By applying the right technology and business services, […]
Start-up YugaByte, which is run by ex-Facebook engineers, thinks it’s got a database that can compete with Oracle and a crowded market of other established proprietary and open source incumbents, reports Enterprise Cloud News (Banking Technology’s sister publication). YugaByte, which comes out of stealth with $8 million funding, says it stands out from the crowd […]
IBM is looking to use its clout in the private cloud market to make it easier for more customers to create hybrid and multi-cloud cloud deployments with a new software platform called Cloud Private.
Iberiabank has selected nCino’s cloud-based Bank Operating System to process services across several lines of business, including commercial and SME lending and treasury management.
Microsoft is the fastest-growing of the four big US cloud service providers, with revenue up 90% year-over-year in the third quarter, writes Enterprise Cloud News (Banking Technology‘s sister publication).
Google wants to become an enterprise cloud provider, so why not team up with the company that rules enterprise-networking market share?
Someday, the consistent growth in sales for Amazon Web Services (AWS) and Microsoft Azure will have to stop, writes Enterprise Cloud News (Banking Technology’s sister publication). “Someday” isn’t today.
$43.7 billion for Amazon, $27.7 billion for Google and $24.5 billion for Microsoft. And it hasn’t even hit the Christmas sales period yet.
The UK peer-to-peer (P2P) lending market has flourished in the last decade. Lending volumes among the major platforms are increasing rapidly, pushing the cumulative total above £7 billion for the first time, as the understanding of the investment model continues to grow.
US-based Teradata has got Amazon Web Services (AWS) and Azure in its sights with the launch of Teradata Analytics Platform, offering a choice of analytic engines to get round the issue of siloes. Oliver Ratzesberger, EVP and chief product officer at Teradata, says: “Many different users have many different analytic needs and this dynamic causes […]
Castle Trust has appointed Phoebus Software for all of its mortgage servicing, allowing to “significantly” reduce the time and cost it takes to service its mortgage book.
Volante Technologies has made its entire range of VolPay payments processing products available on Micosoft’s Azure cloud platform.
The Banking Industry Architecture Network (BIAN), a not-for-profit fintech industry body, has launched its latest release of its service landscape. Termed SL 6.0, the framework is designed to provide a “globally standardised and simplified” banking architecture structure, using a service-based architecture.
New Jersey-based ConnectOne Bank has selected nCino’s Bank Operating System for account opening, lending and portfolio management. According to nCino, Bank Operating System gives ConnectOne a single cloud-based platform, built on Salesforce, that combines customer relationship management (CRM), loan origination, account opening, workflow, enterprise content management, business process management, digital engagement and instant reporting. Frank […]
Eyes right. US start-up ShiftLeft has emerged from stealth and wants to shift enterprise cloud security strategy from reactive to preventative. Enterprise Cloud News (Banking Technology‘s sister publication) reports that ShiftLeft is an alternative to finding vulnerabilities and attacks as they crop up and defending against them. Instead, ShiftLeft’s service scans application and microservices source […]
How do you try and become one of the biggest and most influential technology companies in the world? Just move the $15 billion you have stashed away into the R&D business.
New technology has been billed as a means to make us more efficient in the work place, but we are actually becoming less productive. So what’s missing from the equation? Telecoms.com (Banking Technology’s sister publication) reports. The point was made by Joshua Meltzer from the Brookings Institute at the “Nordic Digital Business Summit” in Helsinki. […]
Standard Chartered is using TradeIX’s TIX blockchain platform and Infor’s GT Nexus Commerce Network for two separate digitalisation efforts in trade finance. The TradeIX platform enabled Standard Chartered’s unnamed client to “help its customers increase their payment terms whilst maintaining the company’s receivables at current terms”. The financing was offered by Standard Chartered with credit […]
Salesforce has unleashed “Financial Services Cloud for Retail Banking”, a new application that lets bank employees have a “complete view” of their customers and work collaboratively. New features in the application comprise a retail banking data model and console. This includes all customer data – such as bank accounts and personal identification documents – which […]
TSB has selected Microsoft 365 Enterprise and Dynamics 365 cloud solution as part of its digital banking revamp for its eight corporate centres and 550 branches. Microsoft 365 integrates Office 365, Windows 10, and Enterprise Mobility + Security into a solution to help the bank’s 8,500 employees. Dynamics 365 delivers a cloud-based suite of applications […]
Calligo, a global cloud solution provider, has purchased AMS Systems PSF, a Luxembourg based IT services business that provides managed services and cloud infrastructure to the financial sector. Financial terms were not disclosed but the acquisition means big things for Calligo. Not only does it allow further expansion, but also access to AMS Systems’ technology […]
Louisiana’s Gulf Coast Bank & Trust has gone live with nCino’s cloud-based Bank Operating System, “increasing the efficiency and speed” of the commercial loan process. According to nCino, Gulf Coast Bank & Trust, a 113-year-old bank with branches throughout southeastern Louisiana, identified the need to replace numerous siloed systems with a solution that would automate […]
According to a study by the International Data Corporation (IDC), investment in cloud computing is expected to grow at over six times the rate of IT spending by 2020. Job meta-search engine Joblift has analyse the state of the UK’s cloud computing job market and found that, in line with the rise in investment, cloud computing vacancies have risen by over 7% on average monthly.
India-based finance company TAB Capital is implementing a new lending system, FinnOne Neo, supplied by domestic vendor Nucleus Software. The solution will be delivered in the cloud.
Chinese investment holding company Tencent and US-based Intel have joined forces to co-operate on blockchain projects.
EXCLUSIVE: Banking tech vendor Technisys has landed two new deals for its flagship core banking system, Cyberbank Core, and digital channels software, Cyberbank Omnichannel.
Instabank, a new digital bank in Norway, has implemented Provenir’s Risk Analytics and Decisioning solution. Delivered in the cloud, the system provides “a real-time, digital lending experience” for its Instabank’s customers, Provenir says.
Before you get too excited about the down and dirty world of cloud security, we should warn you this is more of a light-hearted report on the quirky things our sister publication Telecoms.com picked up at the CloudSec conference.
Google might be raising some eyebrows with its traditional business, but the cloud team has started down an interesting route in the world of data centre interconnect (DCI).
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Cloud storage is often hailed as the future of data storage in IT, but there are still risks involved. This infographic from Parker Software explains the disadvantages of cloud storage, reveals the cloud stats that aren’t commonly shared and argues there remains a strong demand for on-premises software.
The fintech funding is on fire. Following on from yesterday’s (6 September) action, here’s another round-up. Features ABN Amro, Cloud Lending Solutions, Dataiku, EY and Innovate Finance. Amsterdam-based ABN Amro has made an undisclosed investment in US-based Cloud Lending Solutions (CLS) – the second by the bank’s Digital Impact Fund (DIF) and in line with […]
The risks are big, but the opportunities are even bigger; that’s why only the bravest are making the most of the digital economy to date.
EXCLUSIVE: Redwood Bank, a new SME-focused bank in the UK, has opted for a cloud-based banking platform. The front-to-back office solution is supplied by a local fintech firm, DPR Consulting, Banking Technology understands. It is hosted in a private cloud.
Core banking software provider Fern Software has opened its Abacus HUB Cloud platform to third parties in the UK and Ireland.
