Cloud Technology news and trends

Aviation’s Digital Transformation Aims for a Connected Future
Travel Payments // March 20, 2024

The aviation industry stands on the cusp of a significant transformation, driven by the widespread adoption of digital technologies. From booking flights to managing operations and ensuring passenger safety, digitalization can touch every facet of the sector. This shift promises to change the way airlines,...

Cloud Technology, Instant Payments Accelerate Hospitality Brands’ Digital Transformation
Faster Payments // March 08, 2024

From online booking platforms and mobile check-in services to AI-powered chatbots and virtual concierge services, technology is not only changing the way hotels operate, but redefining the guest journey, making it more seamless, convenient and personalized. One player in this digital transformation agenda is Mews,...

White House Mulls Requiring Cloud-Computing Companies to Disclose Customers
Security & Fraud // January 26, 2024

The Biden administration is reportedly set to propose new requirements for cloud computing companies in an effort to enhance security and protect sensitive data. The proposed “know your customer” regulations aim to identify who is accessing U.S. cloud technology to train artificial intelligence (AI) models,...

MUFG Adopts Cloud-First Strategy With AWS to Reduce Costs, Innovate
Partnerships // November 14, 2023

Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial services provider, has signed a multiyear global agreement with Amazon Web Services (AWS) to accelerate its digital transformation.  This collaboration aims to leverage AWS’s cloud technologies, including generative artificial intelligence (AI) and machine learning (ML), to enhance customer service, reduce...

Interviews & Exclusives
Cloud Unlocks Embedded Finance Use Cases for Banks, Says Green Dot

October 14, 2022
Digital services have become par for the course in modern banking, and banks are scrambling to offer the most impressive experiences. Some of the most common services banks offer include automated account validation, digital lockboxes and immediate transaction confirmation, but these represent just a small fraction of the possibilities that digital innovation can bring. Customers […]

AWS Head of Payments: Fraud, Credit Decisioning Drive Move To The Cloud

June 15, 2021
We’re seeing a shift in financial services that will have a lingering — and, in some ways, permanent — impact on payments, hastened by the continued migration of financial institutions...

Cloud Speeds Cross-Border Card Issuance For Visa and TransferWise

January 28, 2021
Here’s a topic for debate. Resolved: The highest priorities for banks and credit card companies in today’s payments landscape are cross-border payments, relationships with FinTechs and cloud-based technology. It would...

Are Banks Ready For The ‘Lifestyle Change’ Of Cloud Technology?

August 27, 2020
The pandemic has accelerated modernization efforts among banks across the globe, but not all banks are created equal when it comes to cloud adoption. While, in general, banks are embracing...

Quick Reads
Virgin Money and Experian Partner on Digital Financial Products

June 24, 2024
Virgin Money will implement Experian’s full suite of cloud-based technology, including credit and lending, fraud prevention, analytics, governance and compliance. In the first phase of this strategic partnership, Virgin Money will leverage Experian’s solutions to offer personal loans to both new and existing partners later this year, the companies said in a Monday (June 24) press release. Currently, […]

White House Mulls Requiring Cloud-Computing Companies to Disclose Customers

January 26, 2024
The Biden administration is reportedly set to propose new requirements for cloud computing companies in an effort to enhance security and protect sensitive data. The proposed “know your customer” regulations...

MUFG Adopts Cloud-First Strategy With AWS to Reduce Costs, Innovate

November 14, 2023
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial services provider, has signed a multiyear global agreement with Amazon Web Services (AWS) to accelerate its digital transformation.  This collaboration aims to leverage AWS’s cloud...

Thoma Bravo Aims to Speed Product Innovation With NextGen Healthcare Acquisition

November 10, 2023
Software investment firm Thoma Bravo has completed its previously announced acquisition of NextGen Healthcare, a provider of cloud-based healthcare technology solutions. The acquisition, valued at $1.8 billion, aims to accelerate the delivery of...