Tag: Banking
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Dutch banking regulator approves use of AWS public cloud in the financial sector
AWS ready to rumble for banking! Dutch banking regulator approves use of AWS public cloud in the financial sector.
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API: Entry Point to the New ‘Open’ World of Banking
Next step: your bank as App Store. API: Entry Point to the New ‘Open’ World of Banking
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Banks are just data vaults
[…] banks need to think about how they reconstruct themselves for the 21st century. What this really comes down to is that banks are becoming pure managers of bits and bytes of data. It is the data that has the value today and it is the data that is the basis of competitive battles in the future.… Continued
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Banks Using Big Data to Discover ‘New Silk Roads’
Banks Using Big Data to Discover ‘New Silk Roads’:
JPMorgan Chase & Co., the largest commercial bank in the U.S., generates a vast amount of credit card information and other transactional data about U.S. consumers. Several months ago, it began to combine that database, which includes 1.5 billion pieces of information, with publicly available economic statistics from the U.S.… Continued
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Barclays break the gambling addiction
Barclays break the gambling addiction:
[The World Development Movement] have created a petition to lobby banks and politicians to stop this commodity trading speculation, and Barclays bank are the first bank to publicly step up and support the change.… Continued
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Banking Stack: The End of Mainframe Banking
Welcome to the stack: the end of mainframe banking:
Many years ago, enterprise software was written to run on mainframe computers. […] The traditional banking business model mirrors the mainframe: a vertically integrated, all-in-one solution with all the resources and tools needed to deliver banking products and services in one big (black) box.… Continued