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The Fed's real-time payments system; Sen. Wyden wants answers from Amazon

08/06/19

The payments system, called FedNow, would go head-to-head against one built by big banks; the senator from Oregon wants Amazon to address vulnerabilities in its cloud data storage.

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Fed's examination of the cloud; lawmakers seek meeting with CapOne, Amazon

08/02/19

A Fed team toured an Amazon facility at about the same time Capital One’s data was hacked; House oversight members want answers from the CEOs of the two companies.

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Capital One breach clouds the cloud; Libra's silver lining

07/31/19

The hack prompts renewed concerns about security of data held in the cloud; lawmakers acknowledge that Facebook’s proposed Libra cryptocurrency could have applications for law enforcement.

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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 tries the cloud; Santander-Orcel feud escalates

07/26/19

“Digital Vault” will allow customers to store encrypted documents on third-party servers; bank accuses Orcel of misdeeds.

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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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Goldman, Stripe execs spar on future of financial services

06/14/19

Both companies want money to be "programmable." But how to go about it is a matter of dispute.

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TD Bank’s calculated shift to the cloud

05/01/19

The North American banking giant is making a gradual yet concerted effort to migrate applications to Microsoft’s cloud, but there are still sensitive operations and pieces of data that it’s holding back on for now.

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Why startup Finxact just got $30M from the ABA, SunTrust, others

01/25/19

The core-banking vendor won the investment and ringing endorsements from the trade group and several banks because its open system and cloud delivery could eventually challenge entrenched tech players.

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Even in the cloud, banking is tied to legacy tech

11/02/18

Serverless computing has its proponents — Capital One and BBVA among them — but the service hasn’t yet proven it can fulfill general systems needs in banking.

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