Cloud
MUFG Invests in Indian Cloud Lending Firm Lentra
MUFG Innovation Partners (MUIP), a corporate venture capital fund and a wholly owned subsidiary of Mitsubishi UFJ Financial Group (MUFG), has invested in Indian lending platform Lentra. The sum of the investment was undisclosed. MUIP co-invested with MUFG in Lentra
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Oracle Launches New Suite of Cloud Services for Banks
Oracle announced that it had recently launched Oracle Banking Cloud Services which is a new suite of six componentised and composable cloud native services. The six new services available provide banks with highly scalable corporate demand deposit account processing; enterprise-wide
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VPBank Selects Amazon Web Services as Its Cloud Provider
The Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) has selected Amazon Web Services (AWS) to help it build digital banking experiences for its customers. VPBank will use AWS SageMaker and AWS AI Services to enhance its analytics capabilities and accelerate the
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YouTrip Integrates With Xero to Offer Cloud-Based Accounting for SMEs
YouBiz, the corporate card and finance management platform by Singapore’s neobank YouTrip, has partnered with cloud-based accounting software provider Xero. The partnership aims to equip local businesses and startups with more capabilities to manage their corporate expenses efficiently through the
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Thought Machine Goes on Hiring Spree Amidst Massive Tech Layoffs
Thought Machine, a cloud-native banking technology company, will increase its global headcount by more than 20% in 2023 by hiring in India, Japan and South Africa. As part of the next phase of its expansion plans, Thought Machine said that
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Why Hyperpersonalisation in Banking is Key
Over the past few years the C-suite are waking up to the importance of hyperpersonalisation in banking by investing heavily in data analytics and cloud technologies to deliver tailored products and services in a bid to retain their customers’ loyalty.
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FIS Powers Real-Time Payments for Singapore’s Trust Bank
Payments service provider FIS announced that it will power real-time payment transactions for Singapore’s digital bank Trust. Trust Bank will utilise the FIS Open Payments Framework (OPF) which is an agile and innovative ISO 20022-native real-time payments platform to facilitate
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Alibaba Cloud Launches Suite of Financial Services Solutions With Over 70 Products
Alibaba Cloud has launched its suite of solutions comprising over 70 products for financial service institutions (FSIs) of all sizes. The Alibaba Cloud for Financial Services solutions will support the entire digital journey of FSIs and give them easy access
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Alibaba Cloud to Launch the Blockchain Node Service to Bolster Web3.0 Growth
Alibaba Cloud announced that it will be launching the Blockchain Node Service in the first quarter of 2023. The new Platform as a service (PaaS) aims to aid developers by reducing operational and maintenance time while they are building and
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Singlife With Aviva Will Fully Migrate to AWS by End of 2023
Financial services company Singlife with Aviva announced that it will migrate its entire information technology (IT) infrastructure to the Amazon Web Services (AWS) by the end of 2023. Singlife aims to enhance its digital capabilities, enabling it to meet the
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