Cloud
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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Finastra Managed Services Is Now Available on Amazon Web Services’ Cloud
Financial services software and cloud solutions provider Finastra announced the launch of Finastra Managed Services (FMS) on Amazon Web Services (AWS). This move will enable banks and financial institutions to access FMS in the AWS cloud. According to Finastra, the
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Here Are 5 Cloud Security Predictions for 2022
Before COVID-19, businesses were already moving to the cloud, but with the pandemic forcing companies to turn to remote work, adoption of cloud computing has accelerated these past couple of years. 90% of the 2,800+ executives that were polled last
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APAC’s Traditional Banks Are Shifting to a Cloud-First Strategy to Combat Digital Banks
Growing competition from new cloud native technology players, and rising demand from customers for digital-first, intelligent services are forcing banks in Asia-Pacific (APAC) to migrate to cloud-based infrastructure and become data-driven, an extensive report by the Asian Banker says. The
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Vietnam’s HD Bank Picks Thought Machine to Reinvent Its Digital Offerings
Vietnam’s HD Bank announced that it has formed a strategic collaboration with Thought Machine, the UK-headquartered core banking technology company. HD Bank is embarking on a multi-year strategy to develop and deploy modern technology as part of a transformation programme,
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