Amazon web services

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FinTech in the Cloud: Modernizing Your Operations

As Amazon Web Services (AWS) and other cloud service providers continue to gain ground, many banks are moving their fintech applications to the cloud. They have sound reasons for doing so, as cloud computing saves costs, boosts efficiency, and offers layered security approaches as well as automated deployment models. Moreover, the barriers to entry are lower than ever before. Lower-cost, more efficient Cloud computing is less expensive and more efficient than traditional computing in a number of ways. With cloud services, organizations only pay for what they use; they

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AWS for Financial Technology: Going to Market in Minutes

Fintechs are increasingly finding Amazon Web Services (AWS) to be the perfect vehicle for setting up and going to market quickly and cheaply. AWS provides a fintech everything it needs—networking, multiple layers and segments, and automation capabilities for environment creation, code promotion and other processes—to move from development and testing to staging and production. With automation, this four-layer stack can be created in a matter of minutes with AWS. The fintech has to develop scripts for automation, but once that

Slowly But Surely, Banks Are Moving to Amazon Web Services

As cloud hosting matures and becomes mainstream, many banks are putting aside their early concerns about regulation and security as they realize that cloud hosting can save them significant costs. Banks have discovered how quick and inexpensive it is to set up the necessary architecture for cloud hosting; when it used to take a month to obtain an IP address, now an entire architecture can be set up in a day. Moreover, development operations (DevOps) — the collaborative efforts of developers