clear
clear

Latest Results from /cloud

/cloud

US Bank picks Microsoft Azure for cloud migration

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.

/cloud

SoFi to buy cloud-based banking platform Technisys for $1.1bn

Online lender SoFi Technologies has agreed to buy cloud-native core banking platform Technisys in an all-stock deal worth around $1.1 billion.

/cloud

Intesa Sanpaolo invests £40m in Thought Machine

Intesa Sanpaolo has backed up its recent contract with Thought Machine by investing £40 million in the cloud-based core banking vendor.

/cloud

Fiserv to buy Finxact

Fiserv has struck a deal to acquire cloud-based core banking player Finxact for around $650 million.

/cloud

BNY Mellon partners Verituity on real-time digital payouts

BNY Mellon has added fintech startup Verituity to its accelerator programme to work towards providing faster, smarter, verified payouts.

/cloud

Shawbrook taps AI to make loan pricing decisions faster

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.

/cloud

Google Cloud reveals DeFi ambitions with new Digital Assets Team

The cloud provider has announced that it is launching a dedicated Digital Assets Team to explore the potential of blockchain-based platforms.

/cloud

TD Bank to hire 2000 tech staff

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.

/cloud

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.

/cloud

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.

/cloud

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.

/cloud

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.