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Latest Results from /cloud

/cloud

Goldman Sachs boosts transaction banking biz with Fiserv tie-up

Goldman Sachs is looking to scale up its new transaction banking business by teaming up with Fiserv to offer the fintech giant's clients services, starting with cross-border supplier payments.

/cloud

Solarisbank raises EUR190m; buys Contis

Berlin-based banking-as-a-service platform Solarisbank has set its sights on conquering Europe after raising EUR190 million in a Series D funding round at a EUR1.4 billion valuation and buying UK outfit Contis.

/cloud

Barclays, HSBC, Lloyds and others hit by major DNS outage

Late Thursday afternoon Akamai reported a problem with its Edge DNS service, resulting in outages at thousands of websites.

/cloud

Fidelity taps Finbourne to drive data strategy

Fidelity International has picked technology from Finbourne to drive its data strategy in a deal that also sees the asset manager make a strategic investment in the London-based startup.

/cloud

Capital One leads $15m Lightico raise

Lightico, a startup that helps firms - including banks - collect forms, signatures, documents and payments from customers digitally, has raised $15 million in a follow-on Series B round led by Capital One Ventures.

/cloud

Mastercard eases access to Faster Payments with PayPort+

Mastercard has launched a cloud-native, real-time payment gateway designed to ease access for institutions connecting to the UK's Faster Payments network.

/cloud

Tink appoints former AWS sales lead as chief revenue officer

Open Banking platform Tink has appointed the former financial services lead for Amazon Web Services, Rowan Taylor, as chief revenue officer.

/cloud

Bank of England frets over stability of Big Tech cloud providers

The Bank of England is warning that additional policy measures may be required to mitigate financial stability risks from the growing concentration of power in the hands of global cloud providers.

/cloud

CIBC inks Microsoft Azure deal

The Canadian Imperial Bank of Commerce (CIBC) has agreed a multi-year deal to use Microsoft Azure as its primary cloud platform.

/cloud

Goldman Sachs joins $170m funding round for French fintech Younited

Younited, a Paris-based credit and payment platform, has raised $170 million in a funding round joined by Goldman Sachs and Bridgepoint.

/cloud

German banks use digital smart contract to trade OTC interest rate derivative

DZ Bank and BayernLB have traded an over-the-counter interest rate derivative in the form of a digital smart derivative contract, with the resulting payments settled daily via Deutsche Börse.

/cloud

Bank execs predict branch model will be dead within 5 years

With Covid-19 leading to an uptick in digital banking, nearly two thirds of industry executives from around the world think that the branch-based model will be dead within five years, according to an Economist Intelligence Unit survey.