Digital transformation can come even to industries where change happens slowly. As the financial services industry grapples with the rapid pace of digital transformation, cloud banking has emerged as an enabler of innovation, agility and cost efficiency. By leveraging cloud computing, financial institutions can streamline...
Mastercard and Thought Machine have expanded their partnership to deliver payments and core banking capabilities to financial institutions worldwide. This collaboration brings together Mastercard’s global network and digital solutions and Thought Machine’s cloud-native core banking and payments platform, the companies said in a Monday (June...
NCino reported Wednesday (May 29) that demand for its single-platform cloud banking solution and artificial intelligence (AI) features drove record gross sales in the most recent quarter. The company reported that its total revenues of $128.1 million for the first quarter of fiscal 2025, which...
Rich Data Co. (RDC) has taken another step in the global expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders. The company has signed its first customer in the United States, M&T Bank Corp., RDC said in a press release emailed...
October 25, 2024
Although the technology has come a long way in a short period of time, it’s not like an organization can hit a switch and migrate to the cloud. Not yet, anyway. Migrating to the cloud can be a complex undertaking, particularly for banks with legacy systems and intricate regulatory requirements. The process involves not only […]
May 24, 2024
The modernization of back-end systems represents an ongoing challenge for banks, especially as they seek to introduce new digital-first services. The options used to be stark: Rip and replace, or get the most...
August 02, 2023
Banking in the cloud might have once been a nice-to-have, but over time has become critical to enabling the changes that banks are trying to enact across the payments landscape....
April 14, 2023
As real-time payments schemes take root around the world, financial institutions must grapple with new operational and technical challenges. Dave Scola, U.S. CEO for Form3, told PYMNTS that the issues are...
June 17, 2024
Mastercard and Thought Machine have expanded their partnership to deliver payments and core banking capabilities to financial institutions worldwide. This collaboration brings together Mastercard’s global network and digital solutions and Thought Machine’s cloud-native core banking and payments platform, the companies said in a Monday (June 17) press release emailed to PYMNTS. Together, the companies aim […]
May 29, 2024
NCino reported Wednesday (May 29) that demand for its single-platform cloud banking solution and artificial intelligence (AI) features drove record gross sales in the most recent quarter. The company reported...
May 27, 2024
Rich Data Co. (RDC) has taken another step in the global expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders. The company has signed its first...
March 18, 2024
NCino plans to acquire DocFox to create a single platform that will enable financial institutions to manage the entire client lifecycle. The combined solution will encompass information intake, document collection and due diligence,...
