Thales Gemalto IdCloud

In essence, cloud banking is the on-demand delivery of hosted computing services (servers, data storage, communication and networking, applications and data analytics) to banks, credit unions, Fintechs and other financial institutions (FIs) via the Internet.
Traditionally, these security services have been implemented and managed by FIs in-house, but over the last few years, a growing number of financial institutions have decided to move some of their services and IT infrastructure to the cloud, in search of greater agility, scalability, and cost efficiency when deploying their customer-oriented services. Financial regulators worldwide have been reacting to this market demand, introducing language that opens the door for FIs to use cloud services and contract with cloud service providers if they follow certain security and data privacy guidelines.

Recognizing this trend, and leveraging on our ample experience in offering managed services for several industries, we brought our Digital Banking and Payment solutions to the cloud as services hosted and operated by Thales.