Latest Cloud News: Finextra Research

Fintech is here to stay, says JPMorgan chief Jamie Dimon

Fintech companies are set to win significant market share from banks says JPMorgan's Chase chief Jamie Dimon, who laments the regulatory constraints that hobble banks as they face up to the threat from Big Tech competitors.

07 April 2021

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Alkami preps $2 billion-plus IPO

Cloud-based digital banking technology vendor Alkami has launched a preliminary prospectus for a proposed public offering of shares on the Nasdaq Global select Market that would value the company at somewhere above $2 billion.

06 April 2021

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How cloud enables banking transformation towards contextual finance

Companies adapting to the new normal brought on by the pandemic have been forced to undergo a digital shift toward contactless payments and a surge in online transactions. As a result, many are looking to Banking-as-a-Service (BaaS) to enable innovative financial and payments services that can be embedded into digital apps and products. Further, the deployment of BaaS enables a faster time to market for more personalised propositions.

01 April 2021

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Goldman Sachs leads $50m round for Striim

Goldman Sachs Growth Equity has led a $50 million Series C funding round for Striim, the firm behind a platform that helps businesses move data in real-time to the cloud.

01 April 2021

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Commerzbank enters five-year relationship with Google Cloud

Commerzbank has entered a five-year partnership with Google, that will see more applicatons moved to the cloud and delivery of on-the-fly updates to software code.

29 March 2021

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SEB leaps onto Google Cloud

Sweden's SEB is going all-in on Google Cloud, accelerating a shift that will bring a raft of new products to retail and corporate customers based on data, analytics, and AI.

23 March 2021

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HSBC taps Google Cloud for call centre AI

HSBC has enlisted Google Cloud to build a global call centre AI chatbot that helps employees cut down on the time they spend on manually intensive queries.

12 March 2021

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Capital One Ventures invests $24 million in Securonix

Capital One Ventures has invested $24 million in cloud security intelligence firm Securonix in conjunction with a strategic partnership.

11 March 2021

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HSBC shifts R3 Corda to Google Cloud

HSBC has become the first bank to start using R3's Corda enterprise blockchain network on Google Cloud.

26 February 2021

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Alkami eyes IPO at $3bn valuation - Reuters

Cloud-based digital banking technology vendor Alkami is preparing an initial public offering at a $3 billion valuation, according to Reuters.

23 February 2021

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South African digital challenger TymeBank raises $109m; preps Philippines launch

South African digital lender TymeBank has raised R1.6 billion (about $109 million) in a round joined by an Apis Partners fund and Philippines-based JG Summit.

23 February 2021

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BBVA taps Google Cloud Chronicle to build AI security platform

BBVA has today announced that it will be the first bank in Europe to deploy Google Cloud’s security analytics platform Chronicle and will use AI and machine learning to predict and prevent cyberattacks.

23 February 2021

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