Cloud

Temenos Expands Microsoft Partnership to Bolster Its Cloud Banking Product

Global banking software company Temenos is expanding its strategic relationship with Microsoft to meet the growing demand for its SaaS and banking services. The company is looking to grow its SaaS and open banking solutions under the Temenos Banking Cloud,

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Thought Machine Earns Unicorn Badge with US$200 Million Series C Fundraise

Thought Machine, a London-based cloud-based core banking technology firm, has now achieved a unicorn valuation following the closing of its US$200 million Series C funding round. The round takes the total funding raised by Thought Machine to over US$340 million.

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Temenos Launches New Fintech Marketplace Temenos Exchange

Global banking software company Temenos has launched a new collaborative fintech marketplace, Temenos Exchange, according to a statement by the company. The market provides pre-integrated and certified fintech solutions that are deployable within the Temenos Banking Cloud. It is the

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Deutsche Börse to Roll Out Digital Post-trade Platform

Global market infrastructure provider Deutsche Börse plans to launch a regulatory compliant, fully digital post-trade platform called D7, anchored in the recently introduced German digital securities law framework. The new cloud-backed and DLT-ready D7 platform will enable market participants to

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Fintech Unicorns Solarisbank and Feedzai Partner for Enhanced Risk Management

Feedzai, an American cloud-based financial risk management platform, and Berlin-based Banking-as-a-Service (BaaS) platform Solarisbank announced a multi-year partnership at Money20/20 Europe. With this new partnership, Solarisbank is leveraging Feedzai’s proprietary technology which enables them to apply an effective risk management which

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Australian Digital Bank Alex Goes Live on Temenos

Swiss banking software company Temenos announced that Australia’s newest digital bank, Alex, has gone live on The Temenos Banking Cloud. Temenos technology powers Alex’s launch as a licensed bank, following the acquisition of its Restricted-Authorized Deposit-Taking Institution (RADI) license from

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Swisscom Selects AWS for Its Move Towards a Cloud-Native 5G Network

Amazon Web Services (AWS), an Amazon.com company, announced that Swisscom, a Switzerland-base telecommunications company, has selected AWS as its preferred public cloud provider for its enterprise IT. Swisscom is pursuing a cloud-first strategy and will use AWS to increase IT

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Italian Bank Credem Goes Live With Temenos for a Frictionless Digital Experience

Temenos, the banking software company, announced that Italian bank Credito Emiliano (Credem) has gone live with a new mobile app to accelerate its digital banking strategy. Temenos Infinity, running on the public cloud, will make it quicker and easier for

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Prominent VC Firm Andreessen Horowitz Warns of Long-Term Costs Implications of Cloud

In a lengthy analysis, Silicon Valley venture capital (VC) firm Andreessen Horowitz (a16z) argues that software companies could save billions by “repatriating” workloads from the cloud and running IT infrastructure themselves, shattering the common belief that the cloud is the

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Commerzbank Signs on Google Cloud for Its Cloud Transformation Plans

Google Cloud and Commerzbank announced last week that they are expanding their collaboration by entering into a five-year, strategic partnership. With the help of Google Cloud, Commerzbank will move a significant number of its banking applications to the cloud, a

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