Here's Why Banks Are Embracing Cloud Technology (amzn)

This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Singaporean bank DBS has signed an agreement with Amazon Web Services (AWS) to leverage its cloud technology. DBS plans to create a hybrid cloud environment that it will use alongside its existing data centers. DBS has said that using cloud will help it better meet customer needs and speed up the pace of innovation.

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