Cloud
AWS Invests US$100 Million for Generative AI Innovation Center
Amazon Web Services (AWS) announced that it will invest US$$100 million in its AWS Generative AI Innovation Center. The new programme aims to help companies successfully build and deploy generative artificial intelligence (AI) solutions. The programme will connect AWS AI
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Purposeful Coexistence in Your Journey to a Digital Core
The costs and complexity of legacy banking technology have firmly established the need for financial institutions to modernise their systems. Banks must move away from legacy infrastructure that constrains innovation and prevents them from providing the real-time, personalised banking experiences
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AWS and Mambu Share Their Guide to Cloud Migration for Incumbent Banks
In today’s rapidly evolving economic environment, businesses need to be able to adapt quickly to changing market and consumer demands. This is especially true for traditional banks and financial institutions experiencing pressure to offer the same level of agility as
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Puneet Chandok Resigns as Head of India and South Asia at AWS
Amazon Web Services (AWS)’ Head of India and South Asia Puneet Chandok has resigned with effect from 31 August after having served in the company since June 2019. According to a TechCruch report, Chandok has plans to join a rival
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Mambu CEO Eugene Danilkis Steps Down Due to “Personal Reasons”, Interim CEO Appointed
Cloud banking platform Mambu announced that its CEO and Co-founder Eugene Danilkis will be stepping down effective immediately. Mambu said that Eugene made the decision to step down after thirteen years at the company for personal reasons. He will continue
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ACI Worldwide Partners Red Hat for Next-Gen Cloud Payments Offering
Real-time payments software provider ACI Worldwide has teamed up with Red Hat OpenShift to enable financial institutions and payment providers to utilise ACI solutions on the platform. The collaboration will allow ACI to support both private and public cloud environments
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AWS to Invest US$12.7 Billion in India by 2023, Creates Massive Job Opportunities
Amazon Web Services (AWS) plans to invest INR 1,05,600 crores (US$12.7 billion) in India by 2030 to meet growing customer demand for cloud services in India. This planned investment in data center infrastructure in India will support an estimated average
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Temenos Rolls Out AI-Powered Digital Mortgage Solution
Banking software company Temenos has rolled out an AI-powered mortgage solution to will help lenders deliver a personalised digital mortgage experience while reducing their costs and time to close. The composable and highly scalable solution is said to be suitable
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Australia’s Alex Bank Taps Temenos to Roll Out Its Term Deposits Offering
Australia’s digital bank Alex has gone live with its fixed term deposits offering on banking software company Temenos‘ cloud platform. Temenos said that it had partnered with Alex Bank to design, test, and implement the new offering over less than
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Temenos and AWS Join Forces to Deliver Core Banking Solution as SaaS
Banking software company Temenos has expanded its relationship with Amazon Web Services (AWS) to offer its core banking solutions as Software-as-a-Service (SaaS). Running Temenos Banking Cloud composable banking services on AWS enables retail, commercial and private banks – incumbents and
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