Tagged: cloud

Hexaware Technologies Extends Google Cloud Collab with New Insurance Solutions

Hexaware Technologies (NSE: HEXT), an international provider of IT solutions and services, announced the launch of new insurance solutions developed exclusively for Google Cloud. The offerings strengthen Hexaware’s collaboration with Google and reflect a focus on accelerating digital transformation via automation, AI, and scalable cloud-native… Read More

IREN Announces $9.7B AI Cloud Contract with Microsoft

IREN Limited (NASDAQ: IREN) announced it has signed a multi-year GPU cloud services contract with Microsoft. IREN will provide Microsoft with access to NVIDIA GB300 GPUs over a 5-year term, with a total contract value of approximately “$9.7 billion, including a 20% prepayment.” IREN has… Read More

Clearstream Introduces Tokenized Securities Platform, Leveraging DLT

Clearstream, a provider of post-trade services and part of Deutsche Börse Group, has launched a tokenized securities platform: D7 DLT. With D7 DLT, Clearstream facilitates the issuance and management of securities, based on distributed-ledger technology (DLT) and compliant with the central securities depository regulation (CSDR)…. Read More

Gr4vy Integrates Mastercard Merchant Cloud

Gr4vy, a cloud-based payment orchestration platform, has announced its collaboration with Mastercard to optimize and streamline payment capabilities for global merchants and platforms. The partnership enables merchant customers to integrate Mastercard Merchant Cloud to access advanced payment solutions, including network tokenization, Click to Pay, and… Read More

Fintech Platform Mambu and Knowit Selected By Coop Norge to Enhance Core Banking Solution

Coop Norge SA has selected Knowit and Mambu to implement a new core banking system to manage member deposits. The new solution, powered by Mambu’s cloud-native core banking platform and “integrated into Coop’s infrastructure by Knowit, will modernise and streamline the management of millions of… Read More

AI and Cloud focused Software Firm Kunai Acquired by PwC US

PwC US has signed a definitive agreement to acquire substantially all the assets of Kunai, an agile software consultancy specializing in AI, cloud-first web, mobile and infrastructure platforms for the financial services industry. This proposed strategic acquisition aligns with PwC’s commitment to helping clients “reach… Read More

Mambu Introduces Islamic Banking Capabilities to Enable Shariah Compliant Finance

Mambu, a banking and payments platform, announced the launch of its enhanced Islamic banking capabilities, designed to enable financial institutions to “build, deploy, and scale Shari’ah-compliant products with greater overall efficiency.” With assets expected to surpass “$3.8 trillion by 2025, the Islamic banking sector is… Read More

Clear Street Introduces Specialty Finance Franchise with the Addition of Mickey Schleien

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced the appointment of Mickey Schleien, CFA, as Managing Director and Senior Analyst, “leading equity research coverage of Business Development Companies (BDCs) and Collateralized Loan Obligation (CLO) closed-end funds.” He… Read More

Fintech Firm Clear Street to Advance Clearing Capabilities with Key Appointment

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced that Chris Tufano has joined as Head of Clearing. Tufano joins following Clear Street’s 2024 launch of “professional clearing services for registered market markers in listed U.S. equities, which… Read More

Spendbase Introduces Digital Banking and Virtual Cards to Help Firms Streamline Operations

Spendbase, a spend management platform that helps businesses save on software and cloud costs, is launching a new suite of financial tools that take spend control to the next level: Digital Banking and Virtual Cards. With this release, Spendbase moves “beyond expense optimization and into… Read More

GoTo Completes Major Cloud Migration to Alibaba Cloud in Jakarta

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

Mambu and Avenga Enable Marginalen Bank’s Core Banking Transformation with Cloud Migration

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

Mambu Payments to Extend Composable Banking Beyond Core

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

Cloud Banking Platform Mambu Selected By InnBucks MicroBank

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

Alkami’s Digital Banking Platform Selected By NuMark Credit Union

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

UST FinX and Thought Machine to Streamline Access to Enterprise-Grade Banking Tech

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

Clear Street Introduces OCC Cross-Margin Capabilities, Enabling Futures Traders to Improve Capital Efficiency

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

Payments Processing Fintech Silverflow Partners with Solidgate

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

Spanish Bank Ibercaja Teams Up with Cloud Banking Fintech Mambu

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

Global Fintech Platform Fiserv Selected By FirstRand Group to Enable Growth

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

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