Transactions: Red Hat to host SBS solutions
Red Hat’s cloud platform OpenShift will now host digital solutions for digital banking service provider SBS, according to a Dec. 12 SBS release. ...
Klarna fined $46M for neglecting fraud regulations
Klarna, the Swedish fintech that provides buy now, pay later services, was fined 500 million Swedish Kronor ($46 million) by Sweden’s Financial Supervisory...
TD to implement up to 2K tech ideas from employees in FY25
TD Bank is driving innovation internally by encouraging employees to submit their tech ideas to enhance the bank’s product offerings and streamline its...
94% of FIs expect higher data spend in 2025
Financial institutions are bracing for higher data budgets in 2025 primarily driven by cloud infrastructure and AI technology. Nearly 94% of FIs are...
Q&A with Iron Mountain’s Mario Palarca on intelligent business process management
Financial institutions are looking to invest further in digital transformation initiatives including automation and AI to ensure they have access and understanding of...
Bank of America hits payments milestones with CashPro App, Paze
Bank of America on Dec. 10 revealed that its CashPro App will surpass $1 trillion in payment approvals by yearend — up 25%...