Cloud
VP Bank’s Subsidiary FE Credit Migrates Its Mission-Critical Apps to AWS’ Cloud
Amazon Web Services (AWS) announced that FE CREDIT, a consumer lender in Vietnam and subsidiary of VP Bank, is moving the vast majority of its IT infrastructure to cloud. With the move to AWS, FE CREDIT said that it is
Read MoreTransferWise and Visa Expands Global Partnership
Visa and TransferWise, a London-based online money transfer service, announced a global partnership and the first use of Visa Cloud Connect. This enables fintech startups and partners to securely connect to VisaNet, Visa’s global processing network, through the public cloud.
Read MoreGoogle Cloud Taps Former Cisco Exec as Its South East Asia Lead
Google Cloud announced the appointment of Ruma Balasubramanian as Managing Director for South East Asia. She will be responsible for driving go-to-market strategy, key customer and partner relationships, and operational execution in this fast growing market. Working with a team
Read MoreICBC (Macau) Picks Huawei All-Flash Storage to Support Online Banking Boom
Since the outbreak of COVID-19, contactless payments have soared and digital banking adoption has increased dramatically. In Q1 2020, MasterCard recorded more than 40% growth in contactless transactions globally. In the US, which has traditionally lagged other countries in digital
Read MoreStandard Chartered Selects AWS’ Cloud Services in 60 Markets
Standard Chartered Bank has signed on Amazon Web Services (AWS) for a five-year agreement to run its banking systems and customer-facing applications on the latter’s cloud infrastructure. The partnership deepens the existing relationship between the two companies to deliver new
Read MoreBukalapak and Microsoft Join Forces to Enhance the Indonesian E-Commerce Space
Microsoft and Bukalapak, an Indonesian e-commerce platform, have formed a strategic partnership where the latter will adopt Microsoft Azure as its preferred cloud platform. Microsoft will also make a strategic investment in Bukalapak. “This partnership signals a deep collaboration with
Read MoreAchieving Financial Institutions’ Stringent Cloud and Data Security
Over the past years, cloud computing has become a key technological enabler for innovative service development, allowing industries to tap into new service models and improve productivity, cost-efficiency and flexibility. Banking and capital markets leaders are increasingly recognizing that cloud
Read MoreMonese Selects Thought Machine’s Core Banking Platform Vault
Monese, pan-European banking service, announced that it will adopt Thought Machine’s cloud native core banking platform Vault. Monese will migrate its existing customer base onto Thought Machine’s cloud native platform, as it focusses on strengthening the company’s core technology platform
Read More