Microsoft - News, Articles & Research

Banks and payments hit as faulty CrowdStrike update causes global Microsoft outage

Banks and card payment systems are among the victims of the worldwide tech outage on Microsoft platforms.

19 July 2024

The Importance of ESG when Choosing a Technology Provider

Join FinextraTV at the Temenos Community Forum 2024 as Kalliopi Chioti, Chief ESG Officer, Temenos and Christian Sarafidis, Chief Executive, EMEA Financial Services, Microsoft, dive deep into how choosing the right provider and right partner is crucial for ESG. With increasing pressure coming to the fore from regulators, organisations have no choice but to consider their reputations. This journey cannot be completed alone, so partners are of paramount importance, in addition to technologies such as cloud and AI to drive sustainability efforts.

17 July 2024

Finextra TV/ai

AI's Role in Shaping the Bank of the Future

At EBAday 2024, Lilia Christofi, EMEA Banking Leader, Microsoft, explores the potential risks associated with implementing AI in the financial services industry, but also the role that the technology can play in shaping the bank of the future. Financial institutions need to ensure that they are leading across AI adoption to mitigate any potential risks that may emerge.

03 July 2024

Finextra TV/cloud

Cloud-based payments outsourcing: The strategic choice for banks

At EBAday 2024, Neil Clarke, Director of Payment Solutions at CGI, and Peter Hazou, Business Strategy Leader at Microsoft, discuss the transformative benefits of cloud-based payments outsourcing for banks. With regulators increasingly supportive of this approach, modernising payment systems with cloud-based solutions allows banks to do more with less. These services offer increased scalability, flexibility, and cost savings, enhancing data-driven insights and improving customer experiences.

25 June 2024

News/ai

EBAday 2024: Growing use cases for AI in banking and payments

During the last panel of EBAday 2024, Patricia Hines, head of banking and payments at Celent talked all things AI with Sara Amara, head of currency and clearing Europe at HSBC; Gurumurthy Palani, head of transaction banking at Gulf International Bank; Christian Sarafidis, chief executive EMEA financial services at Microsoft; and Andy Schmidt, vice president, global industry lead – banking at CGI.

20 June 2024

Finextra TV/ai

Cognizant, Rabobank, and Microsoft: Partnering to harness generative AI

Join FinextraTV as Gregory Verlinden, Vice President of Analytics & AI at Cognizant; Fred van Pouderoijen, IT Domain Manager for Payments at Rabobank; and Annette Harris, Head of Financial Services Netherlands at Microsoft, discuss the transformative impact of Generative AI on the financial services industry. Discover how engineers can leverage emerging technologies, how GenAI is reshaping the market for FSIs, and the benefits for SMEs. Learn about the role of strategic partnerships in navigating and responding to the complexities of the payments ecosystem.

05 June 2024

Company announcement/cloud

AutoRek available in Microsoft Azure Marketplace

AutoRek, a leading software provider to companies in the global financial services sector, has today announced the availability of its cutting-edge platform in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.

08 May 2024

Company announcement/cloud

Xceptor comes to Microsoft Azure Marketplace

Xceptor today announced the availability of the Xceptor Data Automation Platform for financial markets in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.

08 May 2024

Company announcement/cloud

Franklin Templeton collaborates with Microsoft on personalised financial AI platform

Franklin Templeton is working with Microsoft to build an advanced financial AI platform marking a significant step toward transforming the financial services industry.

30 April 2024

News/markets

Alphabet and Microsoft shares soar thanks to AI investments

Share prices of Big Tech companies Google and Microsoft shot up on Friday, a result of large investments in artificial intelligence (AI) that led to immediate revenue returns.

26 April 2024

News/markets

CMA outlines competition concerns with AI Foundation Models

The Competition and Markets Authority (CMA) has identified key risks to fair competition in AI Foundation Models (FMs), growing concerns as AI rapidly develops in the financial industry.

12 April 2024

Company announcement/retail

First Abu Dhabi Bank and Microsoft team up for AI innovation hub

First Abu Dhabi Bank (FAB) and Microsoft will collaborate in developing new AI-based banking capabilities under a strategic business partnership signed today, with the UAE’s largest bank and the global technology leader to cooperate on the launch of an ‘AI Innovation Hub’ for financial services.

02 April 2024