Latest Cloud News: Finextra Research

Finextra's year in review

With 2020 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

23 December 2020

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IBM acquires Canadian payments outfit Expertus

IBM has acquired Canadian fintech Expertus as part of a strategy to extend its hybrid cloud offerings deeper into the AI and payments space.

16 December 2020

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Shifting to mission-critical: What are the key drivers of cloud adoption?

Cloud adoption for financial services firms has been on the rise over the past few years - a trend that has been further bolstered by the wave of digitisation brought on by the global pandemic.

11 December 2020

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An AI proposition is now 'table stakes' for fintech startups

An offering that harnesses AI is now the minimum expectation of a fintech startup, according to Ben Davey, chief executive officer of Barclays Ventures.

11 December 2020

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Deutsche Bank gets better engineer job applicants after Google tie-up

Deutsche Bank is getting a better quality of applicants of engineering jobs thanks to a "halo effect" from its recently announced partnership with Google Cloud.

11 December 2020

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Microsoft’s Satya Nadella on how to build partnerships ‘beyond two ships passing in the night’

Months after striking a deal with Microsoft to become a ‘cloud-first’ bank and migrate all core applications to the cloud by 2025, Bill Winters, group chief executive of Standard Chartered joins Satya Nadella, CEO of Microsoft at Singapore Fintech Festival 2020 to discuss resilience, the future of digital transformation and why a good partnership is central to achieving this.

07 December 2020

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Moov raises $27m for open source banking platform

Moov Financial, the US startup behind an open source embedded banking platform, ha raised $27 million in a Series A funding round led by a16z.

04 December 2020

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Sber unveils cloud-based AI model training platform

Sber has developed a cloud platform for AI model training that the Russia bank says will help data scientists push ahead with their experiments.

04 December 2020

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Appvia wins Bank of England cloud development tender

The Bank of England has handed a two-year cloud development contract to London-based Appvia.

02 December 2020

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Solarisbank migrates to the cloud

Berlin-based banking-as-a-service platform Solarisbank has migrated its entire technology stack to Amazon Web Services as part of a plan to extends its business across new European markets next year.

30 November 2020

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EBAday 2020: Banks, fintechs or card networks, what will be disintermediated after cloud adoption?

While day one discussions centred around how open banking needs to reach a point where it is just accepted as a conventional way that consumers, corporates and banks can manage their accounts and make payments, panel sessions on the second day of EBAday 2020 focused on how the cloud and Payments as a Service (PaaS) can also act as an enabler for open banking, potentially cutting out rails that are currently acting as intermediaries.

25 November 2020

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Cynergy Bank contracts with Google Cloud and Wipro to blend human touch with neobanking know-how

SME bank Cynergy Bank has contracted with Google Cloud and Wipro for the build of a digital relationship platform, aligning face-to-face contact with the technical know-how of an app-only startup.

23 November 2020

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