Banking Sector Gets More Comfortable With Cloud
The cloud naysayers get their highs by claiming that banking sector will never embrace cloud. But, to their dismay, banking sector was much more open to the idea of cloud computing than many expected. This trend is only continuing to improve as more and more financial institutions invest in cloud infrastructure. Even though I cannot [...]
Banking 2.0, The Cloud and Safety in Numbers
A while ago, Alex Williams posted about a consortium made up of three banks – Bank of America, Commonwealth Bank of Australia and Deutsche Bank – that was specifically set up as a buying alliance to source cloud infrastructure. Alex’s take on it was that this move was made because of a frustration on the [...]
Banking 2.0? They're Nowhere Near 1.0 Yet
In his recent guest post here on CloudAve, Rod Drury made some predictions for the future of financial software. One of those predictions went thus; Business Internet Banks will emerge One bank will get the power of the web 2.0 model and expose their banking services as a collection of developer friendly API’s and turn [...]
