IBM plans to acquire cloud services provider HashiCorp for $6.4 billion in cash. HashiCorp has expertise in deploying multi- and hybrid-cloud infrastructures for enterprise clients, and the combination…
Read more IBM to acquire HashiCorp. Inc for $6.4B|Bank Automation NewsING Bank is moving its operations to the cloud for scalability, efficiency and security. The $967 billion bank’s operations are 65% on a private cloud, Marco Eijsackers, head…
Read more Inside ING’s hybrid, multi-cloud strategy | Bank Automation NewsValley Bank is looking to move all its operations to the cloud by 2026 to achieve efficiency and scalability. The $61 billion, Morristown, N.J.-based bank has between 75%…
Read more Valley Bank to be cloud native by 2026| Bank Automation NewsEight in 10 financial institutions will migrate at least half their core systems to the cloud starting in 2024 in search of efficient operations, robust tech stacks and…
Read more 82% of FIs plan to migrate to the cloud in next 5 years | Bank Automation NewsEfficiency and cost-savings are two reasons financial institutions are tapping into their cloud providers’ AI capabilities rather than building the technology in-house. The cloud is serving as…
Read more Migrating to the cloud turbo-charges AI for banks | Bank Automation NewsEfficiency and cost-savings are two reasons financial institutions are tapping into their cloud providers’ AI capabilities rather than building the technology in-house. The cloud is serving as…
Read more Migrating to the cloud turbocharges AI for banks | Bank Automation NewsCitizens Bank reiterated its commitment to migrating all operations to the cloud by 2025 to create a modern banking platform during today’s third-quarter earnings presentation. “On the…
Read more Citizens commited to cloud migration | Bank Automation NewsNatWest has integrated three cloud providers into its tech stack since July. As the $890 billion bank based in Edinburgh, Scotland, looks to move its operations to the…
Read more NatWest adds 3 cloud providers | Bank Automation NewsNomura Trust & Banking Co. has chosen nCino to move its operations to the cloud. The Japanese trust bank aims to remove inefficient operations, ensure data security, and…
Read more Nomura Trust taps nCino for cloud move| Bank Automation NewsCloud migration projects have become increasingly important for the banking industry, offering benefits that can revolutionize how financial institutions operate. In an era in which digital transformation is…
Read more Cloud migration vital for banking | Bank Automation NewsBanking software provider Jack Henry is onboarding more than 100 financial institutions to the FedNow payment rail since its launch last month and has seen an increase in…
Read more Jack Henry onboards 100+ FIs to FedNow| Bank Automation NewsBanking software provider Temenos added three banks to its platform in the second quarter as financial institutions migrated to the cloud and digitized their platforms. Temenos’ cloud offering…
Read more Temenos gains 3 new banks in Q2 | Bank Automation NewsBNY Mellon’s technology arm, Pershing X, is looking to migrate its data and applications to the cloud to scale its wealth management platform, Wove. Pershing X’s Wove, launched…
Read more Pershing X to migrate to cloud | Bank Automation NewsBank of Montreal (BMO) is looking to modernize its technology stack by investing in cloud architecture and tech talent. WHY IT MATTERS: The $805 billion bank saw a…
Read more BMO invests in tech modernization | Bank Automation NewsCore provider Temenos is growing its international footprint as more financial institutions (FIs) turn to its microservices and API-powered technology amid increasing cloud adoption. Temenos’ expansion in areas…
Read more Temenos sees surge in global cloud adoption | Bank Automation News
