Cloud Technology news and trends

AWS and TSYS Say Financial Services’ Shift to the Cloud Includes Responsible Innovation

December 12, 2024
AWS cloud
Report: Google Asks FTC to End Microsoft-OpenAI Cloud Deal
Regulation // December 11, 2024

Google reportedly asked the Federal Trade Commission (FTC) to end Microsoft’s exclusive agreement to host OpenAI’s technology on its cloud servers. The company did so after the agency asked it about Microsoft’s business practices as part of a broader investigation, The Information reported Tuesday (Dec....

nCino Sees Vendor Fatigue as Tailwind for Multi-Solution Growth
Earnings // December 04, 2024

In the evolving world of financial services, the growing imperative to modernize infrastructure has created a fertile ground for innovation. That fertile ground has also created a crowded marketplace of vendors, providers and third parties. “Vendor consolidation is a key consideration for many of the...

Amazon Debuts AWS Data Transfer Terminals For Faster Cloud Uploads
Amazon // December 02, 2024

Amazon Web Services (AWS) says its data transfer terminal offering has gone online. The terminals, announced in a blog post on Sunday (Dec. 1), provide a physical location where users can bring storage devices to upload data more quickly to the AWS cloud. The first...

Amazon and SAP Team to Help BBC’s Cloud Move
Amazon // November 27, 2024

Amazon Web Services says it’s helping the U.K.’s most famous broadcaster move to the cloud. The British Broadcasting Corp. (BBC) will embark on this transformation using RISE with SAP on Amazon Web Services (AWS), the company said in a news release Wednesday (Nov. 27). “As...

Interviews & Exclusives
AWS and TSYS Say Financial Services’ Shift to the Cloud Includes Responsible Innovation

December 12, 2024
It seems like everything is moving to the cloud — from data to infrastructure — as companies seek to cut costs and scale their operations. In financial services, that means bringing new products and payments to new markets and users as new ecosystems take shape, especially as artificial intelligence gains prominence. It was a topic […]

AWS and J.P. Morgan Weigh In on the Cloud’s Role in Payments Modernization

October 25, 2024
Although the technology has come a long way in a short period of time, it’s not like an organization can hit a switch and migrate to the cloud. Not yet,...

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...

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...

Quick Reads
Report: Google Asks FTC to End Microsoft-OpenAI Cloud Deal

December 11, 2024
Google reportedly asked the Federal Trade Commission (FTC) to end Microsoft’s exclusive agreement to host OpenAI’s technology on its cloud servers. The company did so after the agency asked it about Microsoft’s business practices as part of a broader investigation, The Information reported Tuesday (Dec. 10), citing an unnamed source. Reached by PYMNTS, the FTC, […]

Amazon Debuts AWS Data Transfer Terminals For Faster Cloud Uploads

December 02, 2024
Amazon Web Services (AWS) says its data transfer terminal offering has gone online. The terminals, announced in a blog post on Sunday (Dec. 1), provide a physical location where users...

Amazon and SAP Team to Help BBC’s Cloud Move

November 27, 2024
Amazon Web Services says it’s helping the U.K.’s most famous broadcaster move to the cloud. The British Broadcasting Corp. (BBC) will embark on this transformation using RISE with SAP on...

Citi Turns to Google Cloud to Update AI and Digital Strategy

October 28, 2024
Citi has teamed with Google to use artificial intelligence (AI) and cloud technology to bolster its digital strategy. The collaboration, announced Monday (Oct. 28), is designed to use Google Cloud’s...