Cloud

Prudential Partners With Google Cloud to Enhance Its Pulse App

Prudential announced that it has formed a strategic partnership with Google Cloud to enhance its health and wealth platform Pulse. This partnership will see Prudential tap Google Cloud’s data analytics capabilities, secure and sustainable infrastructure, and the broader Google ecosystem for

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Migrating to a Cloud-Native Core Helps Banks Reduce Core Spend by 76% Over 5 Years

Across the globe, financial institutions are under increasing pressure to remain competitive in a rapidly changing financial services landscape. Challenger banks and fintechs are leveraging modern technology stacks and agile operating models to innovate at speed and build modern, customer-centric

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bolttech Partners With AWS to Bolster Its Customer Support Platform

Singapore-based insurtech firm bolttech has built a new customer support platform on Amazon Web Services (AWS) to enhance its offerings for more than eight million customers in 30 markets globally. As part of its digital transformation, bolttech is migrating the

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How Data-Centric Storage Solutions Revolutionize the Financial Services Industry

The rise in Industry 4.0 technologies such as Internet of Things, Artificial Intelligence, and Machine Learning is driving the global data explosion post-pandemic. Gartner projects that by 2025, around 75% of enterprise-generated data will be created and processed outside a

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Matt Hicks Succeeds Paul Cormier as Red Hat’s President and CEO

Red Hat, a provider of open source solutions, announced that it has named Matt Hicks as its President and Chief Executive Officer. Hicks, who previously served as Red Hat’s Executive Vice President of Products and Technologies, succeeds Paul Cormier, who

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Mambu Partners With Visa to Revamp Card Payment Experiences

Cloud banking platform Mambu announced a global partnership with Visa to utilise Visa DPS – one of the largest processors of Visa debit transactions globally. The partnership will give Mambu customers a seamless connection to Visa DPS for end-to-end card

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Mambu Bolsters Its C-Suite With a Slew of Appointments

Software-as-a-Service (SaaS) banking platform Mambu has made four new senior hires to its C-suite to support its future growth. Mambu has appointed Werner Knoblich as Chief Revenue Officer (CRO), Fernando Zandona as Chief Technology Officer (CTO), Tripp Faix as Chief

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Banks Plan on Tripling their Use of Cloud by 2025

Though cloud adoption in the banking industry has increased steadily over the past years, adoption is projected to accelerate significantly as bank seek to automate processes, apply advanced analytics to data, and enhance their ability to embed partners like fintechs.

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Banks Need to Avoid Risks of a Big Bang Transition When They Digitise

The latest research by the International Data Corporation (IDC) and Thought Machine, a cloud native core banking technology firm, revealed that 40% of banks in the Asia Pacific will make significant changes to their current core banking systems in the

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Thought Machine Raises US$160 Million Series D Led by Temasek

Singapore’s state-owned investor Temasek leads the US$160 million Series D funding round raised by Thought Machine, a UK-headquartered core banking technology company. Thought Machine is now valued at US$2.7 billion which is a 100% increase from its valuation at the

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