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Amid the excitement generated by technologies such as quantum computing, virtual reality, artificial intelligence and distributed ledger (DLT), cloud computing can be often overlooked. Yet at the recent Sibos event, it was evident that financial institutions are now serious about embracing cloud – including the public cloud – to reduce costs and improve resiliency and [...]

The post Banks now recognising the benefits of cloud computing technology appeared first on Payments Cards & Mobile.

There can be little doubt after this year’s Sibos that digital disruption drives new ecosystems, marketplaces and businesses; thus, changing the game for how banks connect to their clients and how banks run their businesses – Open banking and APIs are coming, and it is time for banks to reinvent their business models and embrace [...]

The post The Open Banking API’s are coming – Report from Sibos appeared first on Payments Cards & Mobile.