Fidor: How Cloud-Based Banking Helps With Compliance

Digital Banks And The Power Of The Cloud Tracker® - September 2020

In the September “Digital Banks And The Power Of The Cloud Tracker®,” a collaboration with NuoDB, PYMNTS analyzes how the ongoing pandemic is affecting how banks, consumers and regulators view online data privacy and security — and what this means for the way that banks use cloud technologies to store or transact that data in the future.

Inside The September Tracker
  • An interview with Rudolf Schmidt, chief technology officer for German challenger bank Fidor, on how FIs can leverage cloud technologies to help keep pace with changing security and regulatory standards during the COVID-19 pandemic
  • The latest news and trends in the space, including why Australia’s Commonwealth Bank put a five-year deadline in place for its migration to the cloud and digital-only Varo Bank’s announcement to partner with a third-party provider on its move to the cloud
  • A Deep Dive analyzing how changing cloud compliance standards are pushing banks to prioritize innovation

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