Cloud Technology news and trends

AWS and J.P. Morgan Weigh In on the Cloud’s Role in Payments Modernization
Payments Innovation // 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...

Equifax: Adoption of Cloud, AI Technologies Drive Company’s ‘Next Chapter’
Earnings // July 18, 2024

Equifax expects its transition to cloud and artificial intelligence (AI) technology to deliver cost savings and drive innovation in 2024 and beyond. The global data, analytics and technology company said in a Thursday (July 18) earnings release that it is leveraging its new EFX Cloud and...

Virgin Money and Experian Partner on Digital Financial Products
Partnerships // June 24, 2024

Virgin Money will implement Experian’s full suite of cloud-based technology, including credit and lending, fraud prevention, analytics, governance and compliance. In the first phase of this strategic partnership, Virgin Money will leverage Experian’s solutions to offer personal loans to both new and existing partners later this year,...

Aviation’s Digital Transformation Aims for a Connected Future
Travel Payments // March 20, 2024

The aviation industry stands on the cusp of a significant transformation, driven by the widespread adoption of digital technologies. From booking flights to managing operations and ensuring passenger safety, digitalization can touch every facet of the sector. This shift promises to change the way airlines,...

Interviews & Exclusives
AWS and J.P. Morgan Weigh In on the Cloud’s Role in Payments Modernization

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 […]

Cloud Unlocks Embedded Finance Use Cases for Banks, Says Green Dot

October 14, 2022
Digital services have become par for the course in modern banking, and banks are scrambling to offer the most impressive experiences. Some of the most common services banks offer include...

AWS Head of Payments: Fraud, Credit Decisioning Drive Move To The Cloud

June 15, 2021
We’re seeing a shift in financial services that will have a lingering — and, in some ways, permanent — impact on payments, hastened by the continued migration of financial institutions...

Cloud Speeds Cross-Border Card Issuance For Visa and TransferWise

January 28, 2021
Here’s a topic for debate. Resolved: The highest priorities for banks and credit card companies in today’s payments landscape are cross-border payments, relationships with FinTechs and cloud-based technology. It would...

Quick Reads
Citi Turns to Google Cloud to Update AI and Digital Strategy

October 28, 2024
Citi has teamed with Google to use artificial intelligence (AI) and cloud technology to bolster its digital strategy. The collaboration, announced Monday (Oct. 28), is designed to use Google Cloud’s expertise to upgrade the banking giant’s infrastructure. “Citi is on a mission to modernize our infrastructure and increase our safety and soundness so that our […]

Equifax: Adoption of Cloud, AI Technologies Drive Company’s ‘Next Chapter’

July 18, 2024
Equifax expects its transition to cloud and artificial intelligence (AI) technology to deliver cost savings and drive innovation in 2024 and beyond. The global data, analytics and technology company said...

Virgin Money and Experian Partner on Digital Financial Products

June 24, 2024
Virgin Money will implement Experian’s full suite of cloud-based technology, including credit and lending, fraud prevention, analytics, governance and compliance. In the first phase of this strategic partnership, Virgin Money will leverage...

White House Mulls Requiring Cloud-Computing Companies to Disclose Customers

January 26, 2024
The Biden administration is reportedly set to propose new requirements for cloud computing companies in an effort to enhance security and protect sensitive data. The proposed “know your customer” regulations...