"We consistently invest more in cloud technologies and have more banks live with core banking in the cloud than any of our peers."

Changes have already begun and are gaining momentum, indicating a rapid evolution of BaaS and BaaS-powered business models.

Some 30% of banks with greater than $1bn in assets will launch BaaS for new revenue by the end of 2024, but half will not meet revenue expectations.

The banking industry as a whole is undergoing a digital transformation, challenging the supremacy of established banks that have, for decades, been at the heart of the global financial system.

“We are thrilled to expand on our strategic partnership with Commvault and tap into the significant and growing BaaS opportunities across Australia and New Zealand."

"Customers around the world are immediately grasping the value and inherent simplicity that cloud-native, as-a-service data protection can bring to their environments."

The solution provides an extensible and scalable enterprise-grade platform to unlock data silos and free up data to flow securely, privately and instantaneously.

Companies are leveraging digital technologies in the supply chain to create new disruptive product offerings, services and business models.

ABI Research has released a new Industrial BaaS Competitive Assessment, analysing and ranking six industrial BaaS vendors, Alibaba, Amazon, IBM, Microsoft, Oracle and SAP.

This year blockchain is starting to find its feet as innovators find the use-cases that suit the specific areas in which it can provide value.

To successfully conduct a blockchain project, it is necessary to understand the root causes of failure.

“Many CIOs overestimate the capabilities and short-term benefits of blockchain as a technology."

“We appeal to the government and Kiwi corporations to see blockchain as the next completely neutral public digital infrastructure."

Blockchain spending is forecast to grow by 83.9% year over year in 2019, and 77.5% by 2022.

“Crypto SA Lab is about building a community and an industry in South Australia by providing these technical skills.”

The network for commercial financing will supposedly provide participants with a single view of all the transactions happening in the network.

"There is clearly a need to rethink how electricity consumption information is exchanged."

Blockchain companies have started to rebrand and refocus on enterprise to showcase why blockchain is more than just bitcoin. 

In an IT world clogged with acronyms, Comport says there is one that many data centres are failing to properly implement.

Infinito aims to radically simplify the development of decentralised applications and blockchain services. 

Amazon QLDB is a new class of database that provides a transparent, immutable, and cryptographically verifiable ledger.

"Organisations within the healthcare sphere are likely to take an ‘adopt with caution’ approach to the use of blockchain."

Oracle Blockchain Applications enable customers to track products through the supply chain on a distributed ledger.

SAP has released a range of new products for the future of the enterprise, including expanding its cloud offerings and a new blockchain-aaS solution.