Tagged: cloud

June 11, 2025 @ 5:17 am By Michael Wong  |  

GoTo Group, Indonesia’s largest digital ecosystem, has completed the migration of its digital finance arm GoTo Financial’s infrastructure to Alibaba Cloud’s local data centers in Jakarta. The move marks a critical milestone in a strategic partnership formed in 2024 and is one of the most… Read More

June 10, 2025 @ 11:17 am By Omar Faridi  |  

Mambu, a core cloud banking platform, and Avenga, a system integrator, have successfully migrated Marginalen Bank, an innovative digital bank in Sweden from its legacy core to Mambu in just 13 months achieving rapid time to market “for its new consumer and business deposits and… Read More

May 28, 2025 @ 8:53 am By Omar Faridi  |  

Global cloud banking firm Mambu unveils Mambu Payments, expanding its composable banking platform to include end-to-end payment capabilities. Following its acquisition of “payments technology provider Numeral in December 2024, this marks a significant step forward in Mambu’s mission.” The launch of Mambu Payments means Mambu… Read More

May 14, 2025 @ 8:33 am By Omar Faridi  |  

InnBucks MicroBank Limited, a financial services provider, has announced a partnership with cloud-native banking platform Mambu, as part of its transformation from a digital wallet solution to a fully integrated digital bank. This partnership is set to support InnBucks’ growth, and lays a foundation for… Read More

April 27, 2025 @ 5:35 pm By Omar Faridi  |  

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for financial institutions in the U.S., announced that Illinois-based NuMark Credit Union has chosen Alkami’s Digital Banking Platform to enhance its online and mobile banking experience for retail and business members. This partnership underscores… Read More

April 17, 2025 @ 3:52 pm By Omar Faridi  |  

UST FinX, the financial services platform from UST, and Thought Machine, the cloud-native banking technology company, announced a strategic partnership that makes “enterprise-grade banking technology accessible to financial institutions of all sizes.” Initially, the partnership will target its advantages for mid-tier US banks and credit… Read More

March 13, 2025 @ 12:19 pm By Omar Faridi  |  

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced the roll out of OCC Cross-Margin capabilities, allowing futures and options traders to “consolidate margin requirements and improve capital efficiency.” OCC Cross-Margin capabilities were launched in “anticipation of increased… Read More

February 27, 2025 @ 3:19 pm By Omar Faridi  |  

Silverflow, the cloud-native payment processing company, has teamed up with Solidgate, an international payment provider specializing in subscription payments, to enhance the subscription payments market. Subscription businesses face inherent challenges, including “high customer acquisition costs, poor first-payment approval rates, and revenue losses from declined recurring… Read More

February 19, 2025 @ 12:51 pm By Omar Faridi  |  

Software as a Service (SaaS) cloud banking platform Mambu announces a partnership with Ibercaja Banco, one of Spain’s financial institutions, to launch a consumer finance entity in early 2025. The partnership underscores Mambu’s expertise in enabling incumbent banks to develop consumer-focused solutions “with speed, agility and innovation… Read More

February 7, 2025 @ 6:03 am By Omar Faridi  |  

Fiserv, Inc. (NYSE: FI), a provider of payments and financial services tech, announced the FirstRand Group will become the “first” financial institution outside of the U.S. to commission Finxact from Fiserv — the ­cloud-native, real-time banking solution that offers enhanced access to data — to… Read More

February 4, 2025 @ 10:17 pm By Omar Faridi  |  

JPX Market Innovation & Research, (JPXI), a provider of Japan’s financial market data, and Snowflake, the AI Data Cloud company, announced a partnership in order to disseminate data over Snowflake’s platform. Data provision via Snowflake will enable market participants to get access to JPXI’s data… Read More

February 2, 2025 @ 5:53 pm By Omar Faridi  |  

Euroclear has announced a 7-year partnership with Microsoft (NASDAQ:MSFT) to transform Euroclear clients’ experience and drive new opportunities for growth. The partnership strengthens Euroclear’s business ecosystem and technology infrastructure by leveraging Microsoft’s tech, expertise and cloud services. This will enhance Euroclear’s ability to create value… Read More

January 30, 2025 @ 5:19 pm By Omar Faridi  |  

Finout, the FinOps-for-enterprise platform, announced a $40 million Series C funding round led by global software investor Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. This investment reportedly brings Finout’s total funding to $85 million. The company’s platform, which powers… Read More

January 8, 2025 @ 11:48 pm By Tony Zerucha  |  

2024 saw significant developments in AI, data management, and performance tools. Other World Computing founder and CEO Larry O’Connor believes progress will continue in 2025. Here are his predictions for 2025. The return of on-prem data, compute, and backup to improve performance, strengthen security, and… Read More

December 26, 2024 @ 7:44 pm By Omar Faridi  |  

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced the expansion of its equity research offering with the addition of Healthcare, initially focused on the biotechnology sector. The expanded research offering complements Clear Street’s prime brokerage and clearing… Read More

December 3, 2024 @ 10:46 pm By Omar Faridi  |  

Lumin Digital, a cloud-native digital banking provider, announced it has raised over $160M in growth equity financing, led by Light Street Capital, NewView Capital, and Partners Group, acting “on behalf of its clients.” Lumin Digital plans to leverage the funding to accelerate its growth initiatives,… Read More

November 28, 2024 @ 11:21 am By Omar Faridi  |  

Organizations must prepare for the growing risk of unplanned technology outage events, driven by a rise in cloud service provider outages and an increased frequency of industry-wide Single Point of Failure events, CyberCube has cautioned. CyberCube, a provider of advanced cyber risk analytics, stated in… Read More

October 20, 2024 @ 2:40 pm By Omar Faridi  |  

Hazeltree, a New York-based cloud-based treasury and liquidity management solution for hedge funds and private equity firms, has announced a partnership with Necto API, a fintech  transforming corporate finance and treasury departments by aggregating bank APIs. This will enable Hazeltree to enhance its banking connectivity… Read More

September 30, 2024 @ 9:00 am By Tony Zerucha  |  

Apono, a provider of privileged access for the cloud, today announced the successful completion of its Series A funding round, raising $15.5 million to bring its total raised to $20.5 million. The funding round was led by New Era Capital Partners, with participation from Mindset… Read More

September 25, 2024 @ 7:37 am By Omar Faridi  |  

Mambu, a cloud banking platform, and newly launched mortgage lender, Interbridge Mortgages, have announced a strategic partnership helping Interbridge Mortgages launch a second-charge product in just nine months and facilitating their entry to the UK mortgage market. Interbridge Mortgages’ launch in early 2024 is set… Read More