Tagged: cloud computing

Outsourcing Cloud Tech Requirements Allows Fintechs to Focus on Core Business, According to Phillip Liu from Alibaba Cloud Intelligence

Phillip Liu, GM at Alibaba Cloud Intelligence for the MENA region, recently commented on what’s required for regional Fintech firms to succeed in an increasingly competitive global environment. Fintech platforms are beginning to transform the traditional financial services sector. Fintech companies have developed solutions to… Read More

Alibaba Cloud Computing Now Ranked Third-Largest Infrastucture as a Service Provider, Right Behind Amazon Web Services, Microsoft Azure

Chinese e-commerce giant Alibaba Group’s (NYSE:BABA) cloud services business may now be on track to generate profits as it continues to receive support from China’s evolving digital economy. Last year, Alibaba Cloud had been ranked as the third-largest infrastructure-as-a-service provider, which is right behind Amazon… Read More

Artificial Intelligence: Royal Bank of Canada Shifts Apps Under Development at AI Reserach Unit, Borealis AI, to Private Cloud Platform

The Royal Bank of Canada (RBC), a multinational financial services company and the largest bank in Canada by market cap, has reportedly shifted applications under developments at its AI research division, Borealis AI, to a private cloud infrastructure. The high-performance cloud platform will be supported… Read More

64 Decentralized Applications Now Live on Blockchain Network Ontology, which Recently Became Google Cloud Partner

In June 2020, the Ontology (ONT) team celebrated two years since the launch of the Ontology mainnet, which aims to serve as a “high-performance” enterprise blockchain or distributed ledger technology (DLT) platform. Last month, the blockchain developers also launched Ontology 2.0, which involved the integration… Read More

Google Cloud to Offer Mambu’s Digital Banking and Lending Products Natively

Mambu, a Berlin-based SaaS cloud banking platform provider, has teamed up with Google Cloud. Through the partnership, Mambu clients will be able to use a cloud-agnostic platform to launch and expand existing banking and lending operations into other countries. Mambu will aso be able to… Read More

Columbia-based Fintech Infrastructure Developer Minka Secures $3 Million in Seed Funding via Round Led by Fintech Collective

  Colombia-based Fintech firm Minka has secured $3 million in capital through a funding round led by Fintech Collective. Colle Capital Partners, the Collaborative Fund, multinational firm Carvajal Tecnología y Servicios, and Mastercard also took part in Minka’s latest round. The Fintech company said it… Read More

Nasdaq-listed NICE Actimize Introduces KYC Xpress, a Cloud-powered Know Your Customer Process Automation Solution

NICE Actimize, a NICE company (Nasdaq: NICE) business offering autonomous financial crime management solutions, has launched KYC Xpress, a cloud-powered solution. According to a release, KYC Xpress automates manual know-your-customer (KYC) processes. It aims to enhance the overall speed, accuracy, and efficiency of processing KYC… Read More

ThetaRay, Provider of Big Data and AI-enhanced Analytics Tools, Joins Microsoft’s Partner Program to Offer AML Solution

ThetaRay, a provider of Big Data and artificial intelligence (AI)-enhanced analytics tools, has joined Microsoft’s (NASDAQ:MSFT) partner program, One Commercial Partner, which provides various cloud-powered solutions. ThetaRay’s anti-money laundering (AML) solution for correspondent banking can be accessed through Microsoft’s Azure Marketplace. A large US bank… Read More

Digital Transformation: Standard Chartered Partners Business Cloud Software Firm, Infor, to Digitize Bank’s Financial Sector Supply Chain

Multinational financial giant Standard Chartered (SC) has teamed up with Infor, an established business cloud software firm, in order to digitize the financial industry supply chain for SC’s customers. By using the “Infor Nexus” network, created by New York-headquartered Infor, SC aims to assist its… Read More

Bank of England Is Looking for a Cloud Build Partner to be a Part of its One Bank Service Transformation Strategy

The Bank of England (BoE) is reportedly looking for a cloud build partner, which will be a part of its One Bank Service Transformation strategy. The UK’s reserve bank notes that it is planning to work with “an experienced partner to assist in design, construction… Read More

Expertise in Blockchain or DLT Now the Number-One “Hard Skill” that Firms are Seeking on LinkedIn

Expertise or prior experience working with blockchain or distributed ledger technology (DLT) has quickly become the number-one “hard skill” that firms are now looking for on LinkedIn. According to a recently published job trends report, LinkedIn researchers examined user profiles who were “getting hired at… Read More

Netherlands-based Backbase Introduces New Managed Cloud Platform for Financial Insitutions

Netherlands-based Backbase has introduced its new managed cloud platform Backbase-as-a-Service (BaaS). It provides financial institutions access to the firm’s entire portfolio, which consists of various banking products and innovation tools. The online banking software developer officially launched the product at Backbase Connect, the firm’s annual… Read More

People’s Bank of China Begins Pilot Regulation Program for Fintech Businesses in Beijing

China’s central bank announced on December 5 that it’s planning to support the nation’s capital city Beijing in exploring and experimenting with various regulatory guidelines for the evolving Fintech industry in order to develop a more inclusive and suitable supervision framework. The nation’s Fintech regulation… Read More

Startup Growth Program Invest Georgia Makes Third Commitment: Invests $1 Million in Early Stage Fund TechSquare Labs

Georgia-based start-up growth project, Invest Georgia, has reportedly made its third commitment and invested $1 million in early stage fund, TechSquare Labs. According to VentureBeat, Invest Georgia’s program loose to encourage seed and early-stage companies in Georgia and has previously made investments in TTV Capital and… Read More

Igniting a Microbiome Revolution: Era7 Bioinformatics Syncs with Capital Cell

This Capital Cell crowfunding campaign is a unique opportunity to co-invest with an undisclosed VC firm in Era7 Bioinformatics, a Spanish company focused on the revolution of the Microbiome and providing new solutions to address the problem of antibiotic resistance. Era7 Bioinformatics uses its own algorithms… Read More

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