Latest Cloud News: Finextra Research

StanChar opens virtual bank in Hong Kong

Standard Chartered has announced the official opening of its virtual bank in Hong Kong

22 September 2020

Finastra to prioritise tackling financial exclusion and SME funding issues

As part of its accelerated innovation mission and open cloud platform strategy, Finastra has set forth a plan to support nine million lives around the world and focus on resolving the SME funding gap, inequality in financial services and financial exclusion.

22 September 2020

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How to combat payments fraud with machine learning in the cloud

Financial services customers are operating with faster speed and greater agility in the payments space, now more than ever with the incremental volume of card-not-present transactions, accelerated adoption of contactless payments, and new financing options at the point-of-sale, among other key trends.

11 September 2020

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Google Cloud hires Derek White to lead FS business

Google Cloud has brought in Barclays, BBVA and US Bank veteran Derek White as its vice president of global financial services.

10 September 2020

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FactSet partners AWS to bring ticker plant to the cloud

Financial analytics vendor FactSet is migrating its real-time ticker plant to Amazon Web Services (AWS).

09 September 2020

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RTGS Global rolls out stage 1 of liquidity visibility network

In collaboration with Microsoft, cross-border transaction network RTGS Global has launched the first stage of its operational rollout to boost visibility of interbank liquidity.

03 September 2020

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Nationwide implements Speed Layer tech

Nationwide Building Society has rolled out a new cloud-native Speed Layer to help it quickly deploy new products and services.

28 August 2020

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ECB cautions against the power of Big Tech in financial services and cloud provision

The European Central Bank has bemoaned the absence of an EU challenger capable of taking on the might of Big Tech cloud providers from the US.

27 August 2020

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UBS contracts with GitLab to speed up software development

UBS has signed a multi-year contract with GitLab for the supply of a single cloud-based DevOps platform for use by the bank's software team.

27 August 2020

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JPMorgan preps early 2021 launch for UK digital bank - Sky

American banking giant JPMorgan Chase is looking to launch its UK digital challenger in the first quarter of 2021, according to Sky News.

21 August 2020

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Moov raises $5.5m for open source banking platform

Moov Financial, the US startup behind an open source embedded banking platform, has raised $5.5 million in a seed funding round led by Bain Capital Ventures.

19 August 2020

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Viva Wallet seeks €500 million fundraising – Reuters

Greek payments firm Viva Wallet has hired investment bank Jeffries to advise on the €500 million fundraising just weeks after officially acquiring Praxia Bank’s banking license.

17 August 2020

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