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Global Fintech Series

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AWS and Q2 Expand Partnership to Accelerate Banking Innovation

Q2 Holdings Inc and Amazon Web Services (AWS) have expanded their strategic partnership to drive innovation in banking.
AWS and Presidio will assist Q2 in leveraging the AWS platform to power its digital banking product and solutions.
Q2 will utilize AWS innovation, including generative AI technology, to automate processes and enhance customer service.
Q2 has been an AWS customer for over six years and will migrate and modernize over 50,000 services on the AWS platform.

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Digitaltrends

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I’m jealous — someone scored an RTX 4070 Super for $49 on Amazon

One lucky Redditor scored a Gigabyte RTX 4070 Super for $49 on Amazon.
The card was sold and shipped by Amazon Canada with only one card in stock.
The buyer confirmed that the card is recognized as an RTX 4070 Super and is performing exceptionally well.
While great deals can be found, buyers should still be cautious of scams and do thorough research before purchasing graphics cards on Amazon.

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TechBullion

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The Future of Cloud Computing in Virginia’s Tech Sector

Cloud computing is transforming the modern business landscape, allowing users to store and access data remotely and offering cost savings and flexibility.
Virginia has a vibrant tech sector, highlighted by its position as a cloud computing hub, with major players like Amazon Web Services, Microsoft Azure, and Google Cloud established in the state.
Hybrid cloud solutions are a significant trend in Virginia’s tech sector, providing a mix of public and private cloud services and allowing companies to tailor their cloud environment to specific needs.
Virginia is known for its heightened awareness of cybersecurity concerns, and cloud providers are investing heavily in security measures and ensuring compliance with federal regulations.
Cloud-native technologies such as containers and microservices are gaining traction in Virginia and are enabling businesses to build and deploy applications more efficiently.
Moving to the cloud can lead to cost savings and increased efficiency, better collaboration among teams, enhanced job satisfaction, and better disaster recovery capabilities.
Cloud computing fosters competition and innovation and provides businesses access to advanced technologies such as artificial intelligence and big data analytics.
Challenges include addressing the skills gap in the workforce by creating training programs that meet industry needs, avoiding vendor lock-in by adopting multi-cloud strategies, and navigating complex regulatory landscapes.
Collaboration between tech companies and universities can help equip students with necessary skills and addressing challenges will ensure Virginia’s position as a leader in cloud technology.

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Digitaltrends

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Intel Arc Battlemage finally shows signs of life

Intel Arc Battlemage graphics cards have been included in Intel's new media drivers.
The drivers currently have no encoding support but may add it in the future.
There is currently zero support for versatile video coding (VVC) in Battlemage.
Despite the lack of updates, leaked benchmarks have shown the potential of the next-gen Intel discrete GPU.

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Unite

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Sub-Quadratic Systems: Accelerating AI Efficiency and Sustainability

As AI models become more complex and demand more computational power, the need for more efficient systems has led to the development of sub-quadratic systems.
Computational complexity is a significant challenge in AI, particularly in deep learning, with quadratic complexity often being a bottleneck.
Sub-quadratic systems work less time and with fewer resources as inputs grow, offering an efficient solution while reducing the computational needs for many AI computations.
Innovations like Monarch matrices are used to achieve sub-quadratic scaling in neural networks, making AI faster.
Sub-quadratic systems bring several benefits, including enhancing processing speed, being more energy-efficient, making AI more accessible, and providing a framework for scalability.
Designing sub-quadratic algorithms, balancing computational efficiency with model quality, hardware constraints, and integrating these systems into existing AI frameworks can pose challenges.
AI researchers use sub-quadratic systems to make AI more efficient, faster, and sustainable while reducing costs and minimizing environmental impact.
Sub-quadratic systems offer an opportunity to iterate on model designs more quickly, making AI more innovative.
Sub-quadratic techniques will be necessary for advancing smarter, greener, and more user-friendly AI applications.
The Monarch Mixer is an exciting example of sub-quadratic systems in action, providing a much-needed solution that enables faster calculations while reducing energy consumption.

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Livescience

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Chinese scientists claim they broke RSA encryption with a quantum computer — but there's a catch

Chinese researchers claim to have used a 5,760-qubit quantum computer to break RSA encryption.
However, the RSA encryption they broke was using a 50-bit integer, while modern encryption technologies use much larger integers (1024-2048 bits).
The study confirms the potential of quantum computers to decrypt modern encryption technologies in the future.
Scientists are also working on post-quantum cryptography technologies as a response to the future impact of quantum computers on encryption security.

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Tech Radar

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Finally, Europe can use ChatGPT Advanced Voice mode without a VPN

ChatGPT's Advanced Voice mode is now available in Europe, including the EU, Switzerland, Iceland, Norway, and Liechtenstein.
Users in Europe can now enjoy speaking to ChatGPT and receiving responses in one of its nine different voices.
Advanced Voice mode requires a paid subscription to ChatGPT Plus, costing $20 per month.
ChatGPT can speak all major European languages, and even some lesser-known ones.

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Tech Radar

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Apple’s M4 Macs are still set for an 'imminent' launch in the coming days

M4 Macs, including MacBook Pro, iMac, and Mac mini, are set for an 'imminent' launch.
Apple retail store inventory for existing models is low, indicating upcoming replacements.
There are rumors of updates to Magic Keyboard, Magic Mouse, and Magic Trackpad.
The new Macs could be announced through an online event or press releases.

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Cloudwards

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Microsoft Azure App Service: Definition, How It Works, Types, Features and Pricing

Microsoft Azure App Service is a software development and management platform that is also used for hosting web applications.
The key benefit of Microsoft Azure App Service is that it allows developers to focus on software development and abstraction of the infrasture deployment process.
Azure App Service is a PaaS tool that comes with a pre-configured programming language environment for web apps, APIs and mobile backends such as Python, PHP, Java and ASP.NET among others.
Web apps, APIs and mobile backends can be deployed either containerized or non-containerized on Azure App Service’s built-in web hosting.
The cost of running Microsoft Azure App Service primarily comes from the underlying compute, but you may also have to pay for add-ons like domain names and SSL certificates.
Azure App Service offers software development, automated scaling and deployment, high availability, modernized app development and streamlined security integration features.
The limitations of Azure App Service include no support for Linux in the shared pricing tier, no support for Python on Windows and limited programming languages.
Azure App Service pricing is based on the cost of the underlying resources, including custom domains, SSL certificates and SSL connections.
The different types of Azure App Service software include web apps, APIs and mobile backends that provide various deployment options through six pricing plans, including Free, Shared, Dev/Test, Basic, Environment and Premium plans.
Azure App Service alternatives include AWS Elastic Beanstalk, GCP App Engine and DigitalOcean App Platform.

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Tech Radar

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No, Zotac didn’t just leak the Nvidia RTX 5090 – but we’re still hoping for a CES 2025 launch anyway

A leaked video showing a Zotac GPU thought to be the Nvidia RTX 5090 has been confirmed to be the Zotac Gaming RTX 4070 Ti Super Solid.
Zotac released a statement confirming that the video was an internal training recording and that the GPU shown is not the rumored RTX 5090.
The video sparked excitement as it seemed to dispel the rumor that the RTX 5090 would require dual 16-pin connectors for increased power draw, but this rumor is still alive.
Despite the disappointment, rumors still suggest that the RTX 5090 is real and undergoing testing for a possible CES 2025 release.

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Cloudwards

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AWS Cost Optimization: Best Practices, Tools, Using Pricing Models and Benefits

AWS cost optimization is crucial to manage cloud computing costs, and it can be efficiently implemented using pay-as-you-go pricing, cost management tools including AWS Cost Explorer, Amazon S3 analytics, AWS Budgets, and AWS Trusted Advisor, and choosing the right pricing models like Reserved Instances, Savings Plans, and Spot Instances.
Best practices for AWS cost optimization include matching capacity with demand, identifying resource waste and choosing the right pricing options. Proactive monitoring of AWS spending for ongoing optimization is essential.
The top AWS cost optimization tools include AWS Cost Explorer, AWS Trusted Advisor, Amazon S3 analytics, AWS Budgets, and AWS Cost and Usage Reports. Third-party cost optimization tools for AWS include CloudCheckr, CloudZero, Cloudability, and Densify.
AWS Cost Optimization Hub collects cost optimization recommendations across your AWS accounts and regions in one place and provides an estimate of the savings to expect from implementing the recommendations.
Optimizing AWS S3 costs involves switching objects between the Standard and Standard IA classes using S3 analytics, storing infrequently accessed objects in S3 Intelligent-Tiering, and adding lifecycle policies to manage objects in an S3 bucket.
With AWS EC2, you can optimize costs by choosing the right pricing model, monitoring instance usage levels, and configuring a running schedule using AWS Instance Scheduler.
Different AWS pricing models like Spot Instances, Reserved Instances, Savings Plans, and EC2 Fleet can help optimize cloud costs.
Benefits of AWS cost optimization include improved cost efficiency, reduced waste, improved profit margin, optimized performance, and enhanced resource allocation.
When it comes to cost comparison, AWS is more expensive than GCP when it comes to on-demand, general-purpose instances, while Azure is about as expensive as or sometimes cheaper than AWS pricing for running on-demand, general-purpose instances.
AWS cost optimization is a continuous process toward cost and resource efficiency, and it can be achieved efficiently using various tools and pricing models.

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Fintechnews

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Temenos Simplifies Cross-Border Payments with Cloud-Based Service

Banking software provider Temenos introduces the Cross Border Payments Enterprise Service.
The service aims to make cross-border payments faster and more affordable.
It uses cloud technology for quick implementation and cost efficiency.
The service automates processes, reduces operational costs, and improves efficiency.

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Guardian

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Microsoft introduces ‘AI employees’ that can handle client queries

Microsoft is launching autonomous AI agents, dubbed "virtual employees," that can handle tasks like client queries, sales lead identification, and supply chain management.
Customers can build custom agents or use one of 10 pre-designed bots, with early adopters including McKinsey and Clifford Chance. These AI agents, part of Microsoft's Copilot Studio, aim to increase productivity by reducing monotonous tasks and freeing up time for more valuable work.
CEO Satya Nadella highlighted their potential to transform the workplace, comparing AI’s impact to that of personal computers.

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Dirteam

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I’m speaking at Shuberg Philis’ Azure Heroes Meetup

I'll be presenting at the November 5th 2024 Azure Heroes Netherlands Meetup at Shuberg Philis’ Schiphol-Rijk office.
Azure Heroes Netherlands is a community by the community for the community, providing a platform for sharing knowledge and experience related to Azure.
My session will focus on the topic of Active Directory Federation Services (AD FS) and how organizations can transition to Zero Trust authentication methods.
Join the Azure Heroes NL Meetup on November 5th, 2024 at Shuberg Philis in Schiphol-Rijk.

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Global Fintech Series

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AuditBoard Appoints Former Audit Executive and CIO Justin Greenberger as Chief Customer Officer

AuditBoard has appointed Justin Greenberger as Chief Customer Officer to enhance customer experiences.
Greenberger brings a wealth of experience in customer success and audit, previously serving as Chief Information Officer at GE Digital.
He joins AuditBoard from UiPath, where he scaled the customer teams globally and supported over $1.5 billion in annual recurring revenue.
AuditBoard's customer base now includes more than 50% of the Fortune 500 companies.

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