AWS for Industries

Category: Financial Services

How data recipients can implement Open Banking on AWS

On November 26, 2017, the Australian Government announced the introduction of the Consumer Data Right (CDR). Governed by the Australian Competition & Consumer Commission (ACCC), the CDR gives consumers greater control over their data, aiming to improve consumers’ ability to compare and switch between products and services. For example, fintechs can use Open Banking data to help […]

re:Invent 2020 – Financial Services Industry Track Weekly Roundup

The Financial Services track for AWS re:Invent 2020 shares how AWS customers in the capital markets, banking, payments, and insurance sectors are turning this year’s challenges into upsides—and Building for the future. Speaking of upsides: The conference went fully virtual this year, for the first time. And with more than 540,000 participants signing up for […]

re:Invent 2020 – Financial Services Track: Week 2 highlights and coming attractions

The Financial Services Track for re:Invent 2020 shares how AWS customers in the capital markets, banking, payments, and insurance sectors are turning this year’s challenges into upsides—and building for the future. This weekly roundup will showcase Financial Services Track replay highlights from the prior week and spotlight upcoming attractions. With a total of 56 Financial […]

re:Invent – Financial Services Track: Week One Highlights + Coming Attractions

The Financial Services track for AWS re:Invent 2020 shares how AWS customers in the capital markets, banking, payments, and insurance sectors are turning this year’s challenges into upsides—and Building for the future. This weekly roundup will showcase highlights from the prior week and spotlight upcoming attractions for the Financial Services track. With a total of […]

When ESG becomes an innovation opportunity for banks

Innovation leaders regularly get asked: How will the banking industry change in the next three to five years? This question is more relevant than ever as banks, and the rest of the world, cope with multiple, unprecedented crises that will have profound, long-term societal and corporate impacts—yet to be determined. The through line intersecting most […]

Make the most of AWS re:Invent 2020 – Financial Services Industry Guide

AWS re:Invent routinely fills several Las Vegas venues with standing room only crowds, but we are bringing it to you with an all-virtual and free event this year. This year’s conference is gearing up to be our biggest yet, and we have an exciting program planned for the Financial Services industry with five keynotes, 18 […]

Trading system functionality made possible by the cloud – Insights from Trading Technologies

Trading Technologies (TT) began its journey in the cloud more than five years ago. On the AWS Blog in 2015, we highlighted their cloud migration in terms of platform transformation and the cultural shifts they and their clients made for a successful conversion. What has TT been up to since that time? “In 2015, we […]

Liveness Detection to Improve Fraud Prevention in Financial Institutions with Amazon Rekognition

Note: We recommend customers to explore Amazon Rekognition Face Liveness, a new feature to deter fraud in facial verification, that is now generally available. Face Liveness detects spoofs presented to the camera (e.g. printed photos, digital photos or videos, or 3D masks) and spoofs that bypass the camera (e.g. pre-recorded real or deepfake videos). Face […]

Supporting digital signature and secure message transmission with AWS KMS and AWS Secrets Manager for Brazilian Instant Payment System

As discussed in the previous blog, the new Brazilian Instant Payment System (PIX) aims to speed up payments messaging and the availability of final funds to the beneficiary. The PIX results in reduction of costs, increasing security and improving the customer experience. AWS provides the necessary certifications and compliance standards for financial institutions to comply […]

How payments companies can use transaction data to support small merchants

What if? I used to get lunch from a small café near my old office, and I would get the same sandwich every time I was there. Eventually, the staff behind the counter would recognize me when I got in line. With a subtle nod of confirmation, they’d start making and toasting my sandwich so […]