Latest Cloud News: Finextra Research

APImetrics, tomato pay, Finextra report finds neobank API call quality outperforms traditional banks

APImetrics, Finextra and tomato pay have released a report capturing the performance of UK open banking providers over the period July 2021 to July 2022, analysing over 17 million functional API calls.

26 October 2022

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UBS to have 50% of applications running in Microsoft Azure cloud

UBS is stepping up its migration to the cloud, setting out plans to have more than 50% of its applications, including critical workloads, running on Microsoft Azure within five years.

21 October 2022

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NatWest to launch BaaS business in UK

UK high street bank NatWest has teamed up with European software vendor Vodeno Group to launch a Banking-as-a-Service (BaaS) business for the UK market.

20 October 2022

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Colt Technology completes cloud colocation PoC

UK-based fintech Colt Technology Services has completed a proof of concept (PoC) which it claims demonstrates the viability of hosting and distributing multicast data in the cloud for capital markets firms.

18 October 2022

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Coinbase plans for European expansion

Crypto exchange Coinbase has raided German digital assets firm Solaris to appoint its chief operating officer Daniel Seifert as regional managing director for Europe.

17 October 2022

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ASX selects Google Cloud as preferred cloud partner

Australian Securities Exchange has selected Google Cloud as its preferred cloud partner with the aim of spurring product innovation in analytics and data.

12 October 2022

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Google taps Santander tech to help firms transition to the cloud

Google Cloud has launched a service, built on top of technology developed by Banco Santander, to help companies migrate from legacy mainframe systems to the cloud.

12 October 2022

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Sibos 2022: Open banking in the UK - it’s high time for a review

In the lead up to Sibos 2022, Finextra spoke to Dan Globerson, head of Bank of APIs at NatWest, to explore how he is leading the bank’s regulatory commitments in the UK and Europe, driving a culture of API enablement, and collaborating across the industry by establishing standards.

11 October 2022

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Sibos 2022: India’s regional banks – the state of play

Ahead of Sibos 2022, Finextra spoke to Baldev Prakash, managing director and CEO of one of the oldest private sector banks in India, Jammu & Kashmir Bank, about their technology roadmap, the subcontinent’s economic recovery and the geopolitical implications of the Russia-Ukraine conflict despite being a smaller bank.

10 October 2022

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Sibos 2022: Payments Processing as a Business to boom - Celent & Icon Solutions

Celent and Icon Solutions research released on the first day of Sibos 2022 has revealed that payments processing will soon no longer be perceived as a commodity, but instead as a business opportunity.

10 October 2022

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HSBC teams with Oracle NetSuite for embedded banking services

HSBC has integrated embedded banking services into NetSuite Accounts Payable Automation, a cloud enterprise resource planning (ERP) platform.

28 September 2022

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SEC slaps Oracle with $23m fine for alleged bribery

The Securities and Exchange Commission (SEC) has announced settled charges requiring Oracle to pay $23 million, following the company’s violation of provisions in the Foreign Corrupt Practices Act (FCPA).

28 September 2022

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