The joint statement on the risks of cloud computing summarizes years of guidance and rules as industry reliance on third-party platforms has become more ubiquitous. ... Read full article
The online lender has deployed new software designed to spot security risks early, especially the kind of cloud-data issues that led to the Capital One-Amazon breach. ... Read full article
A combination of digital and cloud capabilities, data gathering and regulatory experience should give smaller banks an edge over nonbanks. ... Read full article
The attack knocked out core and mobile banking systems at several U.S. banks, and Finastra is working to get them up and running. ... Read full article
Newcomers Nymbus, Neocova, Finxact and Technisys and older competitors like Temenos, Infosys and Oracle are winning over community and regional banks by offering what some bankers describe as more flexible technology at fairer prices. ... Read full article
Rellevate, founded by Stewart Stockdale, will offer pay advances, fast bill pay payment and international remittances for consumers who live paycheck to paycheck. ... Read full article
Liability for missteps by vendors, jurisdictional headaches tied to locations of servers and legacy technology are other potential impediments. ... Read full article
Silicon Valley giants are better innovators, software developers and data managers, but banks' inherent advantages shouldn't be discounted, says Sonny Singh, a senior vice president at Oracle. ... Read full article
It can be a painful process for a bank to go digital, but there are ways to ease the transition. ... Read full article
The bank is working with a Swedish fintech to offer a tool that lets account holders track how their spending choices might be contributing to climate change. The tool may never be a big moneymaker, but it could help the San Francisco bank attract ... Read full article
The international regulatory group said that despite some benefits from tech firms' incursion, the companies' efforts may present operational and disruption risks. ... Read full article
In a move to aid faster expansion and provide more security and regulatory compliance tools, Klarna Bank in Sweden is strengthening its longtime relationship with Amazon Web Services by making it the bank's preferred cloud provider. ... Read full article
The bank is testing the emerging technology with IBM in an effort to speed up risk analysis and derivatives pricing. ... Read full article
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. ... Read full article
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. ... Read full article
Service would help with compliance; JPM CEO sees more short-term lending rate spikes if no long-term solution implemented. ... Read full article
It's time to establish a fintech commission. ... Read full article
The company will use the funds to increase research and development efforts as well as expand its global presence. ... Read full article
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. ... Read full article
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. ... Read full article
