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AI Reshapes Banking Core Cloud Contracts
PYMNTS·
The financial services industry is undergoing a significant transformation, with artificial intelligence now playing a central role in reshaping core banking cloud contracts. Historically, banks viewed cloud migration primarily through the lens of cost optimization, scalability, and resilience. However, the increasing integration of AI is introducing new complexities and considerations into these agreements. This shift suggests that future cloud contracts will need to account for AI-specific requirements, potentially impacting negotiation strategies and the overall architecture of banking technology infrastructure.
Tags
fintech
ai
cloud
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PYMNTS — pymnts.com