FinTalk: Why ramping up Cloud is crucial for digital banking?

FinTalk: Why ramping up Cloud is crucial for digital banking??

Digitalization has blurred the lines between banking and technology. And cloud infrastructure is the truss. ?

While fintechs are evolving to meet the growing need for cloud-based services, banks are embracing cloud technologies to tackle core process modernization.?

The advent of cloud infrastructure has reinvented digital banking.?

How???

• First off, it unleashed banking products and services at the touch of a button.??
• Secondly, leveraging the potential of cloud infrastructure served as a key competitive advantage that set leaders apart from industry peers.?
• Finally, it improved operational efficiency and reduced product implementation costs.??

Key Benefits of Cloud in Banking?

1. Cost Effective: Cuts back on hardware, software, and IT cost while refocusing on core banking operations.??
2. Rapid Scalability: Improves accessibility and utilization of data for enhanced market adaptability.???
3. GTM Speed: Leverages advanced data-driven analytics to improve time-to-market speed and agility.??
4. Open Banking: Enables plug & play integration with multiple stakeholders to provide hyper-personalized banking solutions.?
5. Customer Experience: Uses AI, ML, and Robotic Process Automation (RPA) to create?personalized, cutting-edge products and services.?
6. Security: Empowers banks to detect security threats like money laundering and fraud in real time.?

Digitalization is ubiquitous. Banks must leverage the cloud to maintain relevance in the ever-changing financial landscape.?

Product Partnership?

We are now at Azure Marketplace!?

Microsoft Azure customers can access M2P’s Card Issuance Platform and take advantage of our cloud-native features such as end-to-end card lifecycle management, modular process, and rapid scalability to drive application development and shape business strategies.?

Stay tuned. Stay curious.?