Tag: Cloud

Santander IT infrastructure cloud migration grows as digital move accelerates

Banco Santander claims its digital transformation is ‘ahead of plan’ after it revealed more than 60% of its global IT infrastructure has already migrated to the cloud.

SmartStream expands global reach with cloud-native AI service launch

Transaction lifestyle management provider SmartStream Technologies has boosted its global footprint with the launch of SmartStream Air version 3.

Global cloud billing market to be worth $6.5bn by 2025

The global cloud billing market is expected to grow from being worth $3bn in 2020 to reaching a value of $6.5bn in the next five years, according to new research.

Accenture to invest $3bn over the next three years to fuel...

Tech giant Accenture has announced plans to invest $3bn over the next three years to fuel migration to the cloud for its banking and financial services partners.

Digital banking solution Alkami Technology closes $140m in funding

Cloud-based digital banking solutions provider Alkami Technology has scored $140m in a funding round led by D1 Capital Partners.

Thought Machine ups its Series B round to reach a sizeable...

Cloud native core banking technology firm Thought Machine has secured an additional $42m to its Series B, bringing the round’s total value to a hefty $125m.

InsurTech solution developer Insurity acquires Virtual MGA

Cloud-based core system Insurity has acquired Texas-based Virtual MGA, an authority underwriting and distribution solution.

CaixaBank takes its relationship with IBM Services to the next level...

Spanish and Portuguese CaixaBank has signed an agreement with IBM Services to accelerate its hybrid cloud journey and to strengthen the bank's capability to develop innovative and digital-first solutions.

Ermetic emerges from stealth mode following the close of a new...

Cloud access risk security company Ermetic has emerged from stealth mode in conjunction with the close of a $10m funding round. The round was supported...

Finastra has launched its new cloud-based banking platform Fusion Phoenix and...

Commerce National Bank & Trust and Commencement Bank have become the first US banks to access Finastra’s new cloud-based core banking platform Fusion Phoenix.

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