Bank rival Tide lands new tech chief after raising £44m 15 Oct 2019 Unlike other startups in the space, Tide is not a bank itself. Instead, it is a platform for banking products and services, and offers a current account supplied by licensed bank ClearBank. Tide CEO Oliver Prill said the startup wants to be the “operating system” for small and medium-sized businesses (SMEs)
Red Hat’s Hooley: Banks will “never upgrade old systems” because it’s “too expensive” 01 Oct 2019 Modernising retail banks’ infrastructure is so time consuming and expensive that many will look to migrate customers to new digital subsidiaries, according to Tim Hooley, chief technologist, EMEA Financial Services at Red Hat.
Atom Bank CTO on ditching its datacentres and moving to the Google Cloud Platform 25 Sep 2019 Atom Bank CTO Rana Bhattacharya has revealed how the next phase of the company’s growth will be underpinned by its increasing use of the Google Cloud Platform (GCP), as part of ongoing work to downsize its dependence on third-party datacentres.
