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Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK

TechCrunch

Wait, you can’t say that : Kyle reports that LeapXpert raises $22 million to monitor employee chats for compliance. Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK by Christine Hall originally published on TechCrunch Is that you, Bob?

Fintech 236
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MoneyGram profits from mainframe move to multicloud

CIO

MoneyGram’s IT makeover When CTO Joe Vaughan joined the company two years ago, MoneyGram moved roughly 8% of its workloads to the cloud. “Our Our cloud journey continues to mature,” says Vaughan, who decided to modernize 75% of MoneyGram’s microservices in Kubernetes but not all applications out of the gate.

Retail 246
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Akeyless secures a cash infusion to help companies manage their passwords, certificates and keys

TechCrunch

Today, Akeyless is thriving, Angel tells me — despite fierce competition from incumbents like Hashicorp Vault, AWS Secrets Manager and Google Cloud’s Secret Manager. Akeyless has customers across the retail, fintech, insurance and gaming sectors, among others, including Wix and Outbrain. billion by 2025.

Company 217
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How Western Asset Management Is Mitigating Cloud Threats

Palo Alto Networks

Banking, investment management and FinTech have continually invested in technology upgrades, data analytics and differentiated product offerings in an increasingly competitive and evolving investment landscape. A recent Accenture survey found 90% of banking respondents stating that cloud enables and accelerates innovative adoption.

Cloud 46
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How companies adopt and apply cloud native infrastructure

O'Reilly Media - Ideas

A legacy of outdated back office applications and regulatory and security concerns makes the migration to cloud native for those in finance that much more difficult. Amazon AWS leads across experience levels (Figure 6), but we also see some interesting cloud provider combinations among respondents (Figure 7): AWS and Microsoft Azure (18%).

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How to Create a Banking Application from Idea to Ready Product?

Existek

And banking service providers have to deal with a number of regulatory complexities, security concerns, and traditional approaches, prioritizing stability and compliance. Mobile banking app development requires a careful balance between innovation and regulatory compliance, making the adoption of change a gradual process.

Banking 52
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Software Development for Financial Services: Technologies, Trends, Challenges, and Best Practices

Existek

The sector is undergoing a significant transformation driven by technology, with fintech startups and established financial institutions investing heavily in new software and systems. One of the biggest challenges is regulatory compliance. How to build your own fintech application, and how much it would cost?