Inside Citi’s cloud migration strategy
Financial institutions are investing in cloud migration strategies to ensure operations are secure, modern and ready for technological innovation. Cloud ...
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CFPB fines fintech Wise $2.5M
Electronic money services provider Wise is being ordered by the Consumer Financial Protection Bureau to pay $2.025 million in a ...
Business clients demand FedNow, RTP capabilities from their banks
Business clients are demanding instant payment services from their financial services providers as they look to streamline payment processes. As ...
Fintech funding: DataDirect Networks secures $300M from Blackstone for AI
Strategic investment fund BankTech Ventures is optimistic that fintech funding will bounce back this year after stalling in 2024. BankTech ...
Security concerns could hinder US enterprise adoption of DeepSeek
DeepSeek has taken global AI markets by storm, erasing $1 trillion of value from major tech companies on Jan. 27. ...
Transactions: Wells Fargo, Derivative Path team up on FX solution
AI-driven cloud platform Derivative Path has tapped Wells Fargo’s foreign exchange payment APIs to provide real-time FX rates for its ...
Santander UK board chair steps down
Santander UK’s William Vereker announced Jan. 28 he is stepping down from his role as board chair of Santander UK ...
Trump Media launches fintech brand Truth.Fi for crypto, ETFs
Trump Media and Technology Group Corp. launched a financial-services and fintech brand dubbed Truth.Fi, with a focus on crypto and ...
Cloud migration drives Citi’s AI efforts
The $2 trillion Citi is tapping the cloud to scale up its AI capabilities, recently launching three gen AI-driven productivity ...
Citi, Google, Cockroach: 3 reasons to prioritize a multicloud strategy
Most financial institutions migrating their applications to the cloud are opting for a multicloud strategy as they prioritize resiliency, security ...
