“In a significant development for the global payments industry, BNY Mellon has collaborated with Microsoft to migrate infrastructure supporting wire payments into Microsoft Azure. As part of this advancement, BNY Mellon has developed a treasury cash management relationship with Microsoft Treasury built on the Azure cloud payment system.”

“Diebold Nixdorf (NYSE: DBD ), a global leader in driving connected commerce for the retail and banking industries, has expanded its strategic partnership with bp to provide an integrated solution comprised of hardware, software and managed services. bp extended its multi-year, managed services agreement with Diebold Nixdorf and will leverage DN AllConnect ServicesSM globally to drive its transformation journey as it looks to reduce the operational complexity associated with managing thousands of retail sites…As part of the managed Services agreement, bp also sought to make its payment channels more agile, efficient and fully integrated with the digital experience by deploying AEVI’s global payment platform (AEVI Motion) at thousands of locations across key European markets.”

“Today, Global Payments Inc. and Amazon Web Services (AWS), an Amazon.com company, announced a new, multi-year collaboration agreement to provide a cloud-based issuer processing platform to financial institutions around the world. As part of this agreement, Global Payments and AWS will strategically collaborate to transform Global Payments’ core issuing platform to deliver secure, innovative solutions for the payment industry at scale.”

“This weekend, Microsoft has given an insight into the impact the coronavirus pandemic has had on its services. The company says that there has been a huge increase in Teams usage, and there are not over 44 million daily users. In regions where there are isolation and home sheltering orders in place, Microsoft says that there has been a colossal 775 percent increase in usage of its cloud services. Despite the surge in demand, there have not been any significant service disruptions.”

“Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced that Western Union (NYSE: WU) has selected AWS as preferred long-term strategic cloud provider, as it plans to move a significant portion of its infrastructure to the cloud. Western Union will be using AWS to build a more seamless and reliable experience for its customers who send money and payments to over 200 countries and territories through its mobile application, website, and agent locations around the globe. With this move to AWS, Western Union will migrate from current datacenters to a microservices architecture, gaining the ability to build and support its applications, regardless of scale, load, or complexity.”

“ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions , today announced a global strategic collaboration with Microsoft via the Microsoft Partner Network to support the payments industry’s rapid adoption of technology deployed in the public cloud. As one of Microsoft’s top 10 global ISV partners in the financial services industry, ACI will support the company’s industry growth and extend the reach of its own market-leading Universal Payments portfolio through Microsoft Azure.”

“The tool, unveiled Wednesday, features measures designed to meet the banking sector’s regulatory and compliance requirements, IBM and Bank of America officials said. They include automated security tools and top-level encryption—a process of preventing unauthorized access by converting data into code.”

“The new offering is the first to combine corporate to bank connectivity, corporate onboarding, and end-to-end processing of all U.S. domestic and cross-border payment types in a unified on-demand cloud service. In doing so, it addresses two of the most significant challenges for U.S. financial institutions: 74 percent of banks cite slow onboarding and complex integration as the single biggest obstacle to achieving their corporate customer acquisition goals, and four of five corporates express willingness to switch to banks that provide more effective customer-centric services.”