Payments News

On The Web

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Tech

IBM, Bank of America Team Up on Public Cloud Aimed at Banks

“The tool, unveiled Wednesday, features measures designed to meet the banking sector’s regulatory and compliance requirements, IBM and Bank of America officials said. They include automated security tools and top-level encryption—a process of preventing unauthorized access by converting data into code.”

On The Wires

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Tech

Global Payments Joins Forces With AWS to Deliver the Future of Payments

“Today, Global Payments Inc. and Amazon Web Services (AWS), an Amazon.com company, announced a new, multi-year collaboration agreement to provide a cloud-based issuer processing platform to financial institutions around the world. As part of this agreement, Global Payments and AWS will strategically collaborate to transform Global Payments’ core issuing platform to deliver secure, innovative solutions […]
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Companies

Banco Safra Launches in the U.S. With ACI Worldwide’s Cloud-Enabled Payments Solutions

“ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions , today announced that Banco Safra, the world’s largest privately-owned bank, will utilize ACI’s UP Retail Payments solution and UP Framework deployed in the public cloud via Microsoft Azure. Banco Safra will benefit from ACI’s cloud-enabled solutions and API connectivity as it […]
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Systems

IBM Services Collaborates With Lotte Card to Adopt A Hybrid Cloud Strategy To Help Transform Core Financial Accounting Systems

“IBM announced today that the Korean credit card company, Lotte Card, which services a wide network of retailers including department stores, hypermarkets and cinemas, is collaborating with IBM Services to transition its entire enterprise system, including mission critical and core financial accounting systems, to a hybrid cloud environment. By using cloud native technology from IBM […]
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Providers

JHA BankAnywhere Offers Open, Digital Banking Platform

“Henry & Associates, Inc. (NASDAQ: JKHY ) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Jack Henry Banking ® division today introduced JHA BankAnywhereSM, a cloud-based digital banking system built on proven core and digital platforms. JHA BankAnywhere is available to any bank regardless of its […]
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Tech

Western Union Selects AWS As Preferred Long-Term Strategic Cloud Provider

“Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that Western Union (NYSE: WU) has selected AWS as preferred long-term strategic cloud provider, as it plans to move a significant portion of its infrastructure to the cloud. Western Union will be using AWS to build a more seamless and reliable experience for […]
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Tech

ACI Worldwide to Deliver Universal Payments Technology Via Microsoft Azure

“ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions , today announced a global strategic collaboration with Microsoft via the Microsoft Partner Network to support the payments industry’s rapid adoption of technology deployed in the public cloud. As one of Microsoft’s top 10 global ISV partners in the financial […]