Latest Cloud News: Finextra Research

Al Rajhi Bank Malaysia picks Thought Machine for Islamic digital bank

Al Rajhi Bank Malaysia (ARBM) has selected Thought Machine to power its upcoming next-generation digital bank.

25 January 2022

Lunar taps Thought Machine for core banking revamp

Nordic fintech Lunar has selected Thought Machine - the same cloud native core banking technology used by JP Morgan - to modernise its core systems and develop new services across the region.

18 January 2022

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JPMorgan Chase to spend $12bn on tech this year

JPMorgan Chase will spend more than $12 billion on technology in 2022, contributing to an eight per cent rise in expenses that could hurt the bank's profitability targets.

17 January 2022

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Itaú Unibanco acquires Brazilian cloud-based brokerage firm Ideal

Latin American bank Itaú Unibanco will purchase Ideal in two stages, acquiring 50.1% of the share capital initially before making a secondary acquisition of shares worth R$651 million (US$117 million) and taking control of the company.

14 January 2022

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UK FS regulator takes aim at cloud giants - FT

The UK's Prudential Regulation Authority (PRA) is looking at ways to access more data from Amazon Web Services, Microsoft Azure and Google Cloud amid concern about how important the three have become to the financial services sector, according to the Financial Times.

10 January 2022

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Finextra's year in review

With 2021 drawing to a close, we take a look back at our most popular news items and community engagement activities over the course of the past year.

23 December 2021

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Visa completes acquisition of Currencycloud

First announcing the deal in July 2021, Visa has completed its acquisition of Currencycloud - a global platform enabling banks and fintechs to provide foreign exchange solutions for cross-border payments.

21 December 2021

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Finastra backs sustainable finance competition for students

Finastra and management consulting firm SIA Partners are inviting students to develop sustainable finance projects for the chance to win cash prizes.

20 December 2021

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AIB signs €65 million deal with IBM

Irish bank AIB has signed a €65 million, three-year deal with IBM to provide a clear pathway to a hybrid cloud technology environment.

16 December 2021

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Barclays engages HPE to deliver private cloud platform

Barclays Bank has contracted with HPE to deliver its private cloud platform as part of a hybrid multi-cloud strategy.

16 December 2021

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Nationwide moves online banking to Microsoft Azure

Nationwide has moved its public-facing website to Microsoft Azure, marking the building society's first application to be hosted in the Microsoft cloud.

16 December 2021

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APImetrics and Finextra launch open access fintech, open banking and crypto API data dashboard

Finextra Research and APImetrics - the industry’s only analytics-driven API performance solution provider - have collaborated to offer the first open access dashboard that will monitor real-world performance of fintech, open banking, PSD2 payments and crypto APIs.

13 December 2021

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