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U.S. House lawmakers ask regulators to scrutinize bank cloud providers

U.S. House lawmakers ask regulators to scrutinize bank cloud providersTwo U.S. lawmakers have called on a top financial regulatory panel to consider direct oversight of the cloud services big tech companies provide to banks, saying they have become a critical component of the global financial system.Reuters - Technology24 Aug 2019

Cloud services provider Fastly taps bank for IPO: sourcesFastly Inc, a U.S. startup whose software helps websites load more quickly, has hired Bank of America Corp as lead underwriter on an initial public offering that could value the company at more than $1 billion, people familiar with the matter said.Reuters - Technology20 Mar 2019

Exclusive: Chinese e-commerce portal Yunji Weidian taps banks for U.S. IPO - sourceChinese e-commerce portal Yunji Weidian has hired investment banks for an initial public offering it plans to launch in the United States early next year, a source with direct knowledge of the matter said on Wednesday.Reuters - Technology05 Sep 2018


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