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Latest Results from /cloud

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FIS mulls $15 billion Worldpay sale

FIS is mulling a sale of its Worldpay Merchant Solutions business in a reversal of previous plans to spin off the unit as an independent company.

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Visa acquires core banking platform Pismo for $1bn

Credit card behemoth Visa has splashed out $1bn to acquire Brazil-based core banking platform Pismo.

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Mizuho to roll out generative AI to employees

Japanese bank Mizuho has made Microsoft’s OpenAI platform available to its 45,000 workers.

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Google Cloud launches AI-powered AML tech

Google Cloud has developed an AI-powered product designed to help global financial institutions more effectively and efficiently detect money laundering.

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EBAday: Payments trends to watch out for in 2024

EBAday, the premier event for industry professionals across transaction banking and payments covers all aspects of the sector, in degrees of depth unseen at other conferences. The second day of the event saw senior executives listen in to sessions on instant payments, correspondent banking, regulation, innovation, Payments as a Service (PaaS) and models for public and private sector collaboration. Here’s a roundup of the most discussed themes and what to expect in 2024.

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EBAday: Banks are seeking new approaches to level up sustainable strategies

In the panel ‘Sustainable finance: Assessing shades of green across payments and banking’, hosted by Finextra’s own Madhvi Mavadiya, speakers explored how the European banking landscape is adopting sustainable strategies.

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EBAday: Banks exploring new strategies in AI, data, and cloud

The afternoon of the first day of EBAday kicked off with the panel ‘How new technologies are transforming banking’ in breakout room 2. Panelists Cal Corcoran, vice president and global head of banking at Microsoft, Simone Lofgen, managing director of payments platforms at Commerzbank, Andre Martins, head of banking innovation and open finance at NTT Data, and Simone Satan, global head of digital market management and treasury services at BNY Mellon discussed AI, cloud computing, and innovative automation technologies being used to transform the payments industry in a session moderated by Graeme Jeffrey, partner at Bain & Company.

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BBVA taps AWS for new data platform

BBVA has selected Amazon Web Services analytics and AI technology for a new data platform that will provide a secure repository of the Spanish bank's operations and customer data.

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Mambu CEO Danilkis quits

Cloud banking platform Mambu's CEO and co-founder Eugene Danilkis has resigned with immediate effect for "personal reasons".

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Puneet Chandok, head of AWS India and South Asia resigns -TechCrunch

Head of Amazon Web Services in India and South Asia, Puneet Chandok, has resigned.

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JP Morgan launches Payment Partner Network

JP Morgan has unveiled its Payments Partner Network, a B2B digital marketplace, powered by Salesforce, that allows the bank's merchants and corporate treasury clients to tap into an ecosystem of third party integrations for their end-to-end payments and working capital needs.

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MAS and Google Cloud collaborate on generative AI

The Monetary Authority of Singapore is to work with Google Cloud to explore potential use cases for generative AI.