Amazon Web Services

In a move to aid faster expansion and provide more security and regulatory compliance tools, Sweden's Klarna Bank is strengthening its longtime relationship with Amazon Web Services by making it the preferred cloud provider.

In a move to aid faster expansion and provide more security and regulatory compliance tools, Klarna Bank in Sweden is strengthening its longtime relationship with Amazon Web Services by making it the bank's preferred cloud provider.

In a move that accelerates Western Union's plan for its money transfers to be part of advancing digital technology, the cross-border payment provider has entered an agreement with Amazon Web Services for long-term cloud services.

The industry must grapple with new risks that come with storing data in the cloud. Here's what credit union leaders need to know.

With financial institutions relying more and more on cloud computing services, Washington is increasingly focused on the concentration of industry data in the big three technology giants.

The bank is moving a large analytics program and a massive amount of data into Google's public cloud, which its tech chief says is more efficient, secure and better able to handle spikes in demand.

Three GOP members of Congress have sent letters to the companies requesting staff-level briefings on the breach in which an ex-employee of Amazon Web Services illegally accessed data of more than 100 million people who had Capital One credit cards or had applied for them.

A breach that compromises personal data of more than 100 million people is never good, but the company did follow some security best practices.

Amazon, Accenture and Mastercard are using digital identity, blockchain and mobile payments to crack a window into sustainability and inclusion, but they’re also gaining potential retail benefits by capturing consumers who crave information about the origin of products.

The online-only bank hopes new leadership can help it overcome its rocky past three years.

Serverless computing has its proponents — Capital One and BBVA among them — but the service hasn’t yet proven it can fulfill general systems needs in banking.

AWS's recent tech summit, with strobe lights and throbbing sound system may have felt more like a music festival than a conference, but one thing was clear: the symbiotic relationship between the online juggernaut and financial services runs deep.

It can be difficult for financial services companies to glean customer insights from the abundance of information they have.

Bankers could see higher costs as cloud computing vendors struggle to protect their systems from the latest hacking vulnerabilities.

Financial institutions increasingly depend on large tech companies such as Google and Apple for infrastructure, said the group that runs the World Economic Forum, stopping well short of recommending regulatory changes.