Amazon web services are a cash cow, reports Yahoo Finance. In the first 6 months of 209 AWS generated $16 billion in net sales.

Amazon is the undisputed king of e-commerce in the U.S., and the company has its digital fingers in a lot of pies that support its flagship business, including logistics, delivery, fulfillment, and shipping.

Companies entering the cloud cannot rely on just the cloud provider to keep their data safe, reports ZD Net. 

As cloud rises to encompass to more corporate applications, data and processes, there's potential for end-users to outsource their security to providers as well

According to Finextra, to engage the next generation on users companies will need to invest in APIs. 

Financial institutions (FIs) must increase agility and prioritise innovation. Many FIs initially choose to build their open APIs on-premises.