CBA: Moves Ibas platform to the cloud

  • CBA accelerates digital transformation in banking with the availability of IBAS in the Cloud
  • Announced that its IBAS GBF – Global Banking Factory is now available to customers on a SaaS model in the cloud
  • IBAS GBF already successfully deployed in the cloud on Amazon Web Services for a customer in the trade finance space
  • CBA’s IBAS platform supports RESTful APIs, allowing banks to seamlessly interface to other systems and share information in real-time
  • Adopting a cloud-based platform and Open APIs essential for banks looking to compete effectively and scale their business in a fast-changing landscape
  • In the Open Banking era, banks need to be ready to compete and also collaborate with nimble Fintech players
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading...

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions.Highlights: Coastal Bank has partnered with Tempo for improved cross-border...

Lloyds Accelerates Homebuying with Fully Digital Service

New platform aims to reduce waiting times for mortgage approvals.Highlights: Lloyds introduces a fully digital homebuying service.Service aims...

AI in Fintech: Revolutionizing the Financial Industry

AI in fintech is changing how financial services operate. It's more than just a buzzword; it's a powerful...