Cloud computing

JPMorgan Chase is shifting its IT organization to private and public cloud computing. The motivation is not just saving money — on the contrary, CIO Dana Deasy vows the IT budget will not shrink. Rather, the main goals are saving developers' time, redirecting resources away from basic infrastructure and toward innovation and working with fintech startups.

Fintech is transforming consumer financial services, but automation and data innovation can also help banks meet their growing regulatory demands.

Banks need more specific guidance that clarifies requirements around vendor contracts, risk assessments, data management and other issues.

JPMorgan Chase has recruited an IBM executive to oversee its adoption of cloud services.

With flooding in a big portion of its market, Iberiabank executives detail how technology is helping it stay open for business in a way that could not have happened a decade ago.

Chief Technology Officer David Reilly has had to make major reductions in traditional expenses so Bank of America can afford to collaborate with fintech firms that are developing innovative products the bank craves.

Deloitte is partnering with five blockchain companies as it seeks practical uses for the emerging technology in its consulting business.

IBM has released a set of blockchain cloud services built to meet security and compliance standards for companies in regulated industries — particularly, financial services, health care and government.

NCino, a vendor of cloud-based banking technology, has added deposit account opening to its platform.

R3 CEV, the blockchain consortium backed by some of the largest global banks, has partnered with Microsoft to accelerate the deployment of distributed ledger technology.