Cloud computing

The core-banking vendor won the investment and ringing endorsements from the trade group and several banks because its open system and cloud delivery could eventually challenge entrenched tech players.

FIs can free their IT team to focus on more profitable projects, reduce the risk of fines and ease the administrative burden of audits, writes Sean Ventura, chief information security officer at Atmosera.

As consumers adopt mobile wallets or in-app payments, it leaves some acquirers and merchants struggling to keep up — especially if their current point-of-sale systems struggle to handle multiple software programs and apps.

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.

The merger could help make open source and cloud computing more commonplace at banks. But it may have an unintended consequence as well.

Intent on rapidly capturing the value and benefits of these new services, companies too often take a path of least resistance to cloud assessment and operational planning, writes Justin Yunag, chief digital officer, financial services for Atos North America Operations.

Cloud technology can be a boon for credit unions, but it also creates regulatory headaches and opportunities for cybercriminals.

The Federal Housing Administration is looking to streamline its single-family loan servicing requirements to align them with industry standards and upgrade outdated technology.

Concentration risk, threats to data privacy and the potential for discrimination are among the unintended consequences of letting fintechs and tech giants dabble in financial services without bank-like regulation, an expert says.

Gareth Burton comes to the banking technology provider from a multinational construction firm.

The London company unveiled FusionFabric.cloud at Money 20/20 Europe this week.

Cloud-based software has replaced bulky, expensive and almost obsolete servers, which allows SMBs to keep costs lower while getting access to more functionality, writes Rush Taggart, Chief Technology Officer for CardConnect.

The CUSO's new firm, Lumin Digital, promises to offer credit unions a digital banking platform that "rivals the offerings available from the big banks."

This update will be an immense help to the broader payments industry in the ongoing adoption of cloud computing by organizations subject to PCI compliance obligations, writes Dan Stocker, practice director of commercial services for cloud and technology at Coalfire.

The cloud-based vendor was formerly a division of Live Oak Bank.

There’s a lot of hype surrounding up-and-coming regulatory technologies, including the use of AI and robotics, but banks will have to be patient to see big returns on those investments.

An exclusive look at the Senate's tightly held housing finance plan drew the most interest from readers this week, while TD's foray into AI and the roller coaster at CFPB also dominated attention.

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

In a long-standing tradition, Credit Union Journal asked IT professionals to share the new things they’d like to have to help them have a successful new year. From data centers to more staff, their technology wish lists will keep Santa plenty busy.

Mike Warriner joins the bank with a focus on setting its digital platform strategy.