Temenos Transact certified on Alibaba Cloud
Sep17

Temenos Transact certified on Alibaba Cloud

Temenos, the banking software company, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced that Temenos Transact, its next generation core banking product is now certified on Alibaba Cloud. Financial institutions will be able to run Temenos’ mission-critical core banking applications on Alibaba Cloud and benefit from elastic scalability, cost and operational efficiencies. Banks can now...

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WeLab raises US$220 Million in new Strategic Financing
Nov08

WeLab raises US$220 Million in new Strategic Financing

New participants include Alibaba Hong Kong Entrepreneurs Fund and International Finance Corp Significant milestone following world’s second largest fintech Series B financing in 2016 WeLab today announces that it has raised US$220 million of combined Series B+ equity and debt strategic financing and has won the backing of the Alibaba Hong Kong Entrepreneurs Fund, International Finance Corporation (IFC) and other global banks. The...

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XCMG-Cloud Being Built
Jun03

XCMG-Cloud Being Built

XCMG announced on May 7 that it will partner with Aliyun, the cloud computing service provider of Alibaba Group Holding Limited, to build the XCMG-Cloud, a highly inclusive industrial cloud platform based on XCMG’s complete data and information systems in the Industry 4.0 revolution. The XCMG-Cloud will be used to share massive data and support further global convergence. “The internet way of thinking can break down...

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