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November 21.2025
2 Minutes Read

Which Bank Uses Which Cloud Provider? Prepare For Future Disruptions!

Close-up on newspapers with text 'Investing reads'.

Understanding the Cloud Backbone of Banking

Recently, the interruption of Amazon Web Services (AWS) highlighted a significant issue in modern banking operations: the reliance on cloud service providers. When AWS went offline, many banks under the Lloyds Banking Group struggled to maintain service availability, which left customers grappling with issues accessing mobile and online banking. This incident raises an important question: how secure is your financial information, and what can you do to protect yourself from such outages?

The Cloud Providers Used by Banks

Currently, there is a scarcity of definitive lists indicating which banks utilize specific cloud providers. While some institutions like First Direct, Monzo, and Starling operate without issues during service outages, others have experienced significant downtimes. The lack of clarity in this domain is concerning for customers, given how much they depend on cloud infrastructure for everyday banking.

Redundancy is Essential

To safeguard your financial access, having a backup account with a different bank—ideally one that uses an alternative cloud provider—can be a smart strategy. This redundancy not only secures your immediate financial needs but also provides peace of mind in an increasingly digital world. Experts recommend keeping a small amount in this backup account to ensure that essential expenses can still be covered even during outages.

Charting the Future of Banking and Cloud Solutions

As banks continue their journey toward complete digitalization, the question of cloud service dependency remains critical. Regulatory bodies and financial experts must consider both the benefit and the risk that accompany the adoption of cloud infrastructure in banking. Moving forward, transparency regarding which banks use which cloud providers will be crucial to maintain customer trust and security.

In conclusion, while cashless transactions may be on the rise, understanding the infrastructure that underpins these services is essential. As debates surrounding privacy and security intensify, consumers must equip themselves with knowledge and strategies to navigate this evolving landscape effectively.

As the conversation around banking technology progresses, it’s essential to recognize the importance of diversifying financial resources. By doing so, you prepare yourself not just for outages but also for unforeseen regulatory changes and market dynamics. Start looking into your banking options today to ensure you have backup measures in place!

Tech & Innovation in Finance

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