Cloud computing

A "spike in unusual traffic" caused service degradation for the infrastructure giant, disrupting digital banking for customers.

A failure at an Amazon Web Services data center in Virginia caused widespread outages, hitting services at several banks and fintechs.

As banking customers' expectations for digital experiences rise and fintech competition grows, the cloud has become essential to staying relevant.

The French bank plans to move half its applications to dedicated IBM Cloud zones in its data centers and is standing up an IBM Cloud-based disaster recovery site.

Through a multiyear agreement, Citigroup is cloudifying the way it delivers software to employees, customers and its markets business.

Banks are finding that they rarely save money off the top when they migrate applications to the cloud. The more substantial benefits are about productivity and speedier development.

As more banks adopt cloud technology, paths to value become clearer.

Cybersecurity leaders for Visa, Deluxe and Fiserv said powerful cloud players have been unresponsive to their requests to monitor the vendors' security postures.

A new, free leaderboard created and continuously updated by the Kensho team at S&P Global gives people in the financial industry a sense of which generative AI models work best for specific use cases.

TD moved its automated trading service to the cloud, in the hopes of new levels of efficiency and computational power.

The payment company is working with Google Cloud to develop new forms of machine learning on a larger scale.

Its One Ally strategy is meant to help the bank with personalization and cross-selling.

The banking goliath is continuing to execute its four-pillar technology investment strategy, CIO Lori Beer said at its investor day.

The Minneapolis-based bank announced it would partner with Microsoft Azure as its cloud provider early last year. Now it's getting its tech team cloud-ready.

Cloud providers don't communicate well about outages and small banks lack the right staffers, among other issues federal regulators identified.

The New York Stock Exchange busted more than 4,000 trades in 251 symbols due to an opening auction malfunction two weeks ago. Market participants and analysts recommend automating systems and upgrading technologies.

Big banks are aiming to bring their existing technologists up to speed with cloud certification and other modern architecture training.

U.S. Bank and KeyBank were among those that made significant advances in their use of cloud computing during the past year.