The fact is that many of
the largest financial institutions already use AWS at least in test mode, and perhaps more surprisingly, are deploying applications on this shared computing infrastructure running in Amazon data centers.
Not exact matches
TD and BMO have been picking up assets in the U.S., while Scotiabank,
already the
largest financial institution in the Caribbean, recently bought a Colombian bank.
Capital One (cof), another of the nation's
largest financial institutions, is
already a poster child for Amazon's cloud.
Finally, the investors are
large financial institutions and are
already regulated.
At a time when
large financial institutions seem to be all about blatantly bilking their customers, as in Wells Fargo just announcing a 3 % increase in
already stupid high credit card rates, life insurance companies continue to act innocent in the face of evidence that they too are taking advantage of current and prospective policy -LSB-...]
Lykke, which is a member of the Hyperledger project, has
already gone public on its own exchange and is currently building enterprise - scale solutions for
large financial institutions.
This is only them playing catch - up though, fintech companies have
already been offering AI, blockchain and crypto - currency solutions to the general public for years, amid reports that several key talents at
large financial institutions leading the development in those fields have left to start their own ventures.