cloud computingRSS

Citi signs up for SAP cloud-based corporate-to-bank solution

Chikarmane: the cloud can help tier-one banks and corporates increase efficiency

Cloud computing company SAP has signed a deal with Citibank for a major new cloud platform that promises to simplify corporate to bank connectivity for some of the world’s largest banks, Banking Technology has learned.

FIS sets sights on eastern Europe with new cloud banking platform

FIS is targeting Poland and eastern Europe with its new cloud-based core banking utility

US banking and payments technology specialist FIS has launched a cloud-based real time core banking utility aimed at mid-tier banks in central and eastern Europe, which it says will help client to roll out new products faster and cheaper than ever before.

Cloud makes inroads into UK mid-tier as Leeds Building Society joins HP alliance

Leeds Building Society will shift its savings and lending business onto a hosted HP platform

Leeds Building Society has joined the shared services alliance founded by HP Enterprise Services and the Yorkshire Building Society in September, in a deal that will see the society move its core application for mortgages and savings to the cloud. The deal also marks a growing recognition among the UK’s mid-tier institutions of the power of cloud to help them move with the times.

Money2020: Cybercrime threat will demand application of new defences

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Basic security mechanisms in payment and banking systems are poorly applied and are out-gunned by the resources available to cybercriminals, a session at the Money2020 event in Las Vegas was told.

Making ‘social’ communication pay

Tony Zingale, chief executive at Jive Software

Social media may be a dirty word to most banks’ CFOs. But when 28 hours of a 40-hour week are lost to emails and searching for information, there has to be a better way, according to Tony Zingale, chief executive at Jive Software, which has just launched in Europe.

Pinnacle Bank outsources processing to Fiserv

Georgia USA-based Pinnacle Bank has outsourced its processing to Fiserv

US based Pinnacle Bank has chosen to outsource its processing to Fiserv as part of its Precision bank platform, in a move the bank says will help it to scale and roll out new products including mobile banking, bill payment and checking. Based in the town of Elberton in the US state of Georgia, Pinnacle […]

US local banks sign up to Temenos T24 core banking cloud

US-based Clare Bank and Farmers Exchange Bank have adopted cloud banking

US banks Clare Bank and Farmers Exchange Bank have chosen to install cloud-hosted core banking services from vendor Temenos, in a deal that the banks say will help them reduce costs and roll out products to customers more easily.

Dutch regulator okays Amazon Web Services for financial sector

DNB recently approved Amazon Web Services for use by the Dutch financial sector

De Nederlandsche Bank (DNB), the Netherlands’ national banking regulator, has cleared Amazon Web Services for use in the country’s financial sector, clarifying key supervision criteria for Dutch organisations looking to move infrastructure or services to the AWS cloud.

Nasdaq FinQloud financial cloud expands with Jordan & Jordan

Jordan & Jordan will use Nasdaq FinQloud to host its execution compliance and surveillance service

US consulting, market data and technology firm Jordan & Jordan has chosen to launch its execution compliance and surveillance service on Nasdaq OMX FinQloud, the cloud computing platform built for financial services and powered by Amazon Web Services.

Put trust in the cloud says Islamic Bank of Britain COO

Gamil: banks can go further and faster with cloud services

Banks should not be afraid to go further and faster in their adoption of cloud computing, says Mohamed Gamil, chief operating officer at Islamic Bank of Britain.

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