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Cloud Solutions

Security, Storage and the Cloud

Now’s the time to explore the benefits of the cloud.

By Michael Scheibach

Two years ago, a survey conducted by Netwrix, a data security company, found that financial institutions were not able to keep up with regulatory requirements and often failed to establish IT auditing and reporting processes in a timely and efficient manner. More alarming, 75 percent of respondents had partial or no visibility into their cloud and hybrid IT environments.

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The 2018 Payments Technology Checklist – Five to Follow

March 2 — With a new year comes new resolutions, disruptors and trends. This will especially ring true in the payments space, which boasts one of the biggest growth markets in the world — fintech. Research estimates that global fintech solution usage is currently at 33 percent and is expected to increase to 52 percent in 2018. As the business world hangs up their calendars for 2018, Dave Yohe, VP of Marketing at BillingTree looks at five key technology developments shaking up some key markets in 2018.

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Nebraska Credit Union Updates Document Management System

February 21 — Centris Federal Credit Union, Omaha, Neb., has chosen OnBase by Hyland to replace its legacy document management application. Centris has also recently implemented a new core banking application, Corelation KeyStone, and the two systems will run in parallel.

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Florida Bank Partners with DefenseStorm for Cybersecurity

February 20 — Despite not having a large IT or compliance staff, Fort Lauderdale, Fla.-based American National Bank (ANB) remains compliant with Federal Financial Institutions Examination Council (FFIEC) cybersecurity best practices by partnering with DefenseStorm.

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Banks May Spend $115 Billion on Information and Communications Technology in 2018

February 2 — While consumers are expected to drive information and communications technology (ICT) spending in 2018, banks are expected to make up $115 billion of the expected $4 trillion total.

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