Cloud

Singlife Completes Migration to AWS, Now Singapore’s First Cloud-Native Insurer

Homegrown financial services company Singlife has successfully completed its migration to Amazon Web Services (AWS). The firm claims to be the first insurer in Singapore to be fully cloud-based. Announced in late 2022, the multi-phased project, supported by AWS Professional

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Finastra Powers Rapid Launch of Bhutan’s Digital Bank ORO in Six Months

ORO Bank, touted as Asia’s first full-reserve digital bank, leveraged global financial software provider Finastra’s SaaS core banking solution to launch its cloud-based platform within six months. The Bhutanese bank had launched last week. Finastra’s combination of rich, broad, and

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PVcomBank Launches New Mobile App with Temenos and AWS

Banking software company Temenos has announced that Vietnam Public Commercial Joint Stock Bank (PVcomBank) has launched PVConnect using Temenos Digital on Amazon Web Services (AWS). This new mobile banking platform PVConnect, which is powered by Temenos Digital, aims to enhance

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Temenos and Microsoft Azure Power More Efficient, Greener Banking Platform

Banking software company Temenos has announced a new sustainability benchmark for its cloud-native banking platform on Microsoft Azure, highlighting its efficiency in managing digital transaction demands while aiding banks in achieving sustainability goals. The benchmark, which used Temenos Retail Enterprise

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AWS CEO Adam Selipsky Steps Down, Matt Garman Named Successor

Amazon Web Services (AWS) has announced that Adam Selipsky will be stepping down as CEO after nearly 15 years with the company. Selipsky, who played a key role in growing AWS from its early stages to a US$100 billion annual

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AWS Invests Another S$12 Billion in Singapore, Launches Flagship AI Programme

Amazon Web Services (AWS) announced that it is set to invest an additional S$12 billion into Singapore’s cloud infrastructure by 2028 during the 10th AWS ASEAN Summit, aiming to bolster its services amid increasing demand. According to a new AWS

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Banks Embrace Cloud, AI to Innovate and Tap Partnership Opportunities

The banking industry is shifting towards innovation, collaboration and customer-centricity, driven by the adoption of technologies including cloud computing, data analytics, artificial intelligence and machine learning (AI/ML), changing customer preferences, and a rapidly evolving regulatory landscape, a new report by

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Visa Expands Access to Payment Services Through AWS

Payments giant Visa announced that it has joined the AWS Partner Network (APN) to improve global digital payment solutions. This partnership enables easier integration of select Visa services for its partners and clients, including cloud-native fintech companies, through AWS technologies.

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StanChart’s audax and Thought Machine Tie Up for Digital Banking, BaaS Solutions

audax Financial Technology, backed by Standard Chartered, and Thought Machine, a cloud-native banking technology company, have announced a strategic partnership aimed at reshaping the banking technology arena. The partnership is set to deliver digital banking and Banking-as-a-Service (BaaS) solutions designed

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VIB Upgrades Core Banking System with Temenos, Leverages AWS Cloud

Vietnam International Bank (VIB) has implemented the latest version of the Temenos Core Banking solution, powered by Amazon Web Services (AWS). This collaboration also includes ITSS, a Swiss technology and IT services firm. The upgrade to Temenos’ R23 Core Banking

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