A former bank employee from San Francisco was sentenced to 24 months in prison on Monday for intentionally damaging his former employer's cloud system and stealing valuable computer code, federal ...

Banks are operating a “spaghetti” tech structure that is creating a game of “technology Jenga” for IT managers updating their systems. Making changes to IT systems has huge knock-on effects, with ...

Cloud-native banking is about financial institutions adopting cloud-native technologies and architectures due to their ability to deliver a highly scalable and resilient environment. In the ...

To understand why coreless banking is such a paradigm shift, we must travel back in time and track the evolution of banking channels, products and services. Let’s rewind 60 years to a world before ...

Many other bank systems, such as online banking and ATMs, rely on the information in that system. Other computer systems are unrelated. "The core system is the system of record, the absolute arbiter ...

Core banking systems can trace their origins 50 years ago to independent, branch-specific solutions running on IBM computers using legacy languages like RPG, COBOL, and Assembler. The branch bank ...

Until recently, the U.S. banking system has been strong because of sensible bank regulations implemented during the Obama and Biden administrations. Yet, around the world, numerous countries do not ...