Cloud computing

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looking to streamline its single-family loan servicing requirements to align them with industry standards and upgrade outdated technology.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