Latest Results from /cloud
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US Bank says it is making a "substantial" investment in modernising its technology foundation by choosing Microsoft Azure as its primary cloud provider for its applications.
24 February 2022
Online lender SoFi Technologies has agreed to buy cloud-native core banking platform Technisys in an all-stock deal worth around $1.1 billion.
22 February 2022
Intesa Sanpaolo has backed up its recent contract with Thought Machine by investing £40 million in the cloud-based core banking vendor.
14 February 2022
Fiserv has struck a deal to acquire cloud-based core banking player Finxact for around $650 million.
07 February 2022
BNY Mellon has added fintech startup Verituity to its accelerator programme to work towards providing faster, smarter, verified payouts.
03 February 2022
UK specialist lender Shawbrook Bank says it is generating personal loan rates five times quicker since rolling out an in-house built AI-enabled pricing environment.
01 February 2022
The cloud provider has announced that it is launching a dedicated Digital Assets Team to explore the potential of blockchain-based platforms.
28 January 2022
Canada's TD Bank plans to hire 2000 tech staff over the course of the year as the battle for talent in the banking sector escalates.
27 January 2022
Al Rajhi Bank Malaysia (ARBM) has selected Thought Machine to power its upcoming next-generation digital bank.
25 January 2022
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
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
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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