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Industry Perspectives: Financial Services and the Cloud

Industry Perspectives: Financial Services and the Cloud

by Futurex on October 25th, 2021

Several industry-leading guest speakers shared the insights at the Futurex Virtual Summit 2021, where we explored emerging trends, new technologies, and shared best practices — with a look at what’s ahead. One of the sessions, “An Insider’s Guide to Moving Payment Applications to the Cloud,” brought together people from near and far to share key takeaways, thoughts, and perspectives around financial services and payment trends in the cloud. Futurex’s Ryan Smith, Vice President of Global Business Development, and Adam Cason, Vice President of Global and Strategic Alliances, led the lively discussion.

Here’s a snapshot:

Sudhir Kalidindi, Senior Solutions Architect, AWS, discussed payment trends in the cloud including imaging, contactless payments, digital currency – including UK Central Bank Digital Currency (CBDC) – mobile point of sale, real-time payments, and card-on-file transactions. He stated, “There’s a significant change in the payment global landscape” and cited the importance of customer experience, with customers wanting more from their financial institutions, such as faster transactions. He went on to stress the importance of secure, reliable, and flexible infrastructures.

Adam Cason concurred: “It’s not just about the core technology, it’s about the flexibility and speed,.”

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Cryptography: Innovating for the Future

Cryptography: Innovating for the Future

by Futurex on October 7th, 2021

What cryptographic trends are we seeing in day-to-day business and beyond? Cryptography has come a long way since ATM cash withdrawals and secure internet browsing. There is no doubt that the cloud has spurred vast cryptographic adoption recently. Enterprises and financial services organizations alike are embracing cryptography — in many forms — for general network security, key management, code signing, retail payment transactions, and protecting data at rest and in transit.


In our latest article in Infosecurity Magazine, learn more about common security challenges, data security trends, and how organizations are using cryptography to innovate for the future. Ryan Smith, vice president, global business development, at Futurex, states, “Along with cryptography, we are seeing growing interest in its close cousin, tokenization, which is being implemented cross-industry...with increased data protection regulations, such as GDPR, we're starting to see tokenization used more frequently in healthcare, financial services, and enterprises,” states Smith.

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