How regulators are clearing the way to payments in the cloud
It’s an important consideration, but the reality is that banks’ operating environment and clients are now moving faster than they can possibly keep up with using on-premise infrastructures.
- Whatever the concerns, core banking is moving to the cloud over the next few years
- Regulators in Europe and elsewhere have now removed the “barriers” to banks putting core services into the cloud - but the industry hasn’t yet fully recognized this shift
- Leading banks are already making strong headway into the cloud, and the laggards are starting to be left behind.