Banking in the cloud consists of the largest, and most significantly regulated industry in the world, running on an entirely unregulated infrastructure, according to the CTO at one of London’s largest #banks.
Financial Technology
#Microsoft and #Finastra, a London-based #fintech have announced a multi-year cloud agreement to facilitate the digitalization of financial services.
Financial Technology
LzLabs, a #mainframe migration software specialist based in Zurich, is coming to North America, where it has heard a few mainframes are still running.
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Covid-19 might be just what financial organizations needed to #move beyond talking about going digital to implementing digital capabilities broadly across their organization.
Financial Technology
#Banking‘s journey to #cloud is just getting started, said Shanker Ramamurthy global managing partner banking and financial markets at IBM Services and president of IBM industry Academy.
Financial Technology
As regulators are moving to requiring multi-cloud configurations, Temenos is working with #Google to use Google #Anthos to #synch its software across multiple clouds or a cloud and an on-prem implementation.
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On March 26, the day before the CARES Act was passed, the country had about 1,600 certified Small Business Administration (SBA) lenders, said Charles Potts, SVP at ICBA. “Then overnight Treasury said there will be 5,000 more SBA lenders the very next day.”
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The growing complexity of wealth management requires better #technology, says Anton Honikman, the CEO of #MyVest.
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The RTP #network now has 29 participating financial institutions which can reach 53% of demand deposit accounts in the U. S. Consumer and business customers can now receive #payments directly into their accounts with real-time receipt confirmation and nearly instant availability.
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Cloud is coming faster than expected in U. S. #banking, said Alexa Guenoun, president of the Americas and Global Head of Partners for Temenos.
Financial Technology
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