Banking in the cloud: Mitigating the regulatory and security risks
As Treasury plans to take a number of steps to assist financial institutions in reducing risk from the operational disruption of cloud services, banks can do a lot on their own.
Browsing: Cloud computing
Head in the clouds
What’s next for ensuring the resilience of the critically important cloud service provider sector?
Treasury report: ‘Significant’ challenges remain to banks’ optimal cloud services use
Treasury plans to convene an interagency cloud services steering committee to develop closer cooperation among U.S. regulators and develop best practices for cloud adoption frameworks.
Podcast: A community bank CEO’s perspective on cloud migration, climate risk
Cloud migration was a big deal for banks before COVID, but it kicked into a higher gear than ever as the pandemic drove virtual banking, digital workflows and remote work across the industry.
APIs: Enabling the Hybrid Banking Experience to Boost Customer Acquisition and Upgrade Internal Efficiency
“They give you the ability to enter different markets or partner with different companies, providing a funnel for new customers.”
More Than Just Cutting AWS a Check: The Imperative of a Plan on the Way to the Cloud
By understanding the common aspects of cloud migration, banks can create a plan for adopting and deploying the most effective cloud solutions that maximize benefits while minimizing risks.
Survey: 72% of Bank IT Execs Say Using Cloud Tech Will Help Achieve Goals
Seven in 10 bank IT executives said they see incorporating cloud technology into products as a key way to help them achieve their business priorities, according to a recent survey released by banking software company Temenos.
Cloud Is on the Rise in Financial Services and Regulators Are Taking Note
As regulators grow increasingly familiar with the new efficiencies and culture of the cloud service provider industry, there should be increasing customization in their oversight of cloud service providers.
Clear Skies with Cloud
The cloud helped banks respond to the pandemic, but it can do even more.
New Survey Finds Financial Service Companies Increasingly Using Cloud Tech
Worldwide, most financial services companies are using some form of cloud technology, with 83% reporting they are using the technology as part of their computer infrastructure, according to a new Harris Poll released by Google Cloud.