This Week: Google Cloud/Commerzbank, SmartStream, Anna DSB, and more
A summary of some of the past week’s financial technology news.
Google Cloud expands collaboration with Commerzbank
Google Cloud and German bank Commerzbank have announced that they are extending their collaboration by entering into a five-year strategic partnership. With the help of Google Cloud, Commerzbank will move a significant number of its banking applications to the cloud, a continuation of a digital transformation strategy under way since 2017.
Commerzbank aims to run 85% of its decentralized applications in the cloud by 2024.
Google Cloud has
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