Scotiabank partners with Google Cloud

Scotiabank and Google Cloud have announced a partnership aimed at creating a more personalized and predictive banking experience for the lender’s customers. 

This strategic alliance will speed up Scotiabank’s global data and analytics strategy, particularly for clients in the Americas and worldwide, according to a joint statement issued by the firms last month.

As a Scotiabank “trusted cloud provider,” Google Cloud will enable Scotiabank to run most of its sensitive procedures in a safe cloud environment, while ensuring strict compliance with the lender’s security control objectives.

The partnership leverages “the significant progress” Scotiabank has recorded as regards its cloud strategy over the last few years.

Scotiabank will transfer its customer data to the Google Cloud and utilize the firm’s data analytics and artificial intelligence (AI) solutions in several ways including predictive offers, improving customer experience using AI, consolidating data silos across the corporation.