The Intersection of Financial Institutions and Technology Leaders

Benefits & Risks of Moving to the Cloud

By lauraschield


Bank leaders are typically not technologists – but there comes an inflection point when banks should consider moving to the public cloud. What questions should a board and senior management team ask themselves when considering this change? In this episode of Reinventing Banking, a special podcast series brought to you by Bank Director and Microsoft Corp., we speak with Scotty Perkins, Executive Vice President and the Head of Cloud at ACI Worldwide, to learn about the benefits and risks involved when making this type of change.

Scotty further discusses FedNow, a service developed by the Federal Reserve that enables individuals and businesses to send and receive instant payments. He shares how ACI is working with cloud solutions like FedNow around the globe – and how these services could positively impact U.S. banks and their customers.

This episode, and all past episodes of Reinventing Banking, are available on, Spotify and Apple Music.

Laura Schield is the Chief Operating Officer of Bank Director and FinXTech, and has served in numerous roles with the company since her start in 2010. Her primary focus is overseeing the day-to-day operational functions of the company.