Cloud Computing

Year's 2nd-biggest merger, bank failures, small-bank layoffs: Top stories of the week

11/08/19

First Horizon, Iberiabank in year's second-biggest bank merger; bank failure in New Jersey is nation's third in a week; smaller banks take a turn swinging the ax; and more from this week's most-read stories.

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Bank of America, IBM collaborating on a financial services cloud

11/06/19

Executives from the bank and the tech company have been working for months to create a cloud designed to address the challenges that often slow financial institutions' adoption of cloud computing.

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BofA, IBM eye compliance in cloud for banks; Dimon seeks permanent liquidity fix

11/06/19

Service would help with compliance; JPM CEO sees more short-term lending rate spikes if no long-term solution implemented.

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Regulators’ push for innovation shouldn’t come at expense of prudence

10/25/19

It's time to establish a fintech commission.

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Cloud banking provider nCino raises $80 million

10/03/19

The company will use the funds to increase research and development efforts as well as expand its global presence.

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Does Amazon-Google-Microsoft hold on the cloud pose a risk to banking?

09/30/19

With financial institutions relying more and more on cloud computing services, Washington is increasingly focused on the concentration of industry data in the big three technology giants.

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Even after breach, Capital One is 'all in' on the cloud

09/10/19

The company still intends to shut down its data centers next year even as the recent hacking that exposed the data of some 100 million people raised questions about its aggressive embrace of cloud computing.

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Unfazed by Capital One breach, KeyBank begins migration to cloud

08/15/19

The bank is moving a large analytics program and a massive amount of data into Google's public cloud, which its tech chief says is more efficient, secure and better able to handle spikes in demand.

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Capital One’s data breach was bad. It could’ve been worse

07/30/19

Though involving an eye-popping 106 million credit card applicants' information, Capital One's breach was also unusual in a number of ways, including that it was quickly caught through a responsible disclosure program run by the bank.

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Morgan Stanley to port documents of 1.3M clients to Box's cloud

07/22/19

It's one of the first wealth management firms to share documents with clients through Box.

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