IBM Financial Services - News, Articles & Research

Company announcement/payments

A central bank will issue a consumer-ready digital currency within five years - IBM research

Policy-makers at a number of central banks around the world are seriously considering developing and issuing a central bank digital currency (CBDC), with a consumer-ready CBDC likely to arrive in the next five years.

29 October 2019

Company announcement

Spain's PecunPay to implement Red Hat OpenShift

IBM (NYSE: IBM) today announced that Spanish fintech startup PecunPay, provider of payment and electronic money exchange solutions, will take advantage of IBM Services to implement Red Hat OpenShift to help drive business.

28 October 2019

Company announcement

Fifth Japanese bank joins IBM's shared core platform utility

BM (NYSE: IBM) today announced that Japan's Toho Bank will join Chiba, Daishi, Chugoku and North Pacific Banks on the TSUBASA shared core banking system that was developed and is being supported by IBM Japan.

28 October 2019

News

IBM and Tieto to slug it out for Bank of Lithuania LBChain sandbox project

The Bank of Lithuania has selected IBM and Tieto as the final contestants for a procurement initiative to create a regulatory sandbox platform for blockchain projects, LBChain.

22 October 2019

Company announcement

SS&C to buy Algorithmics assets from IBM

SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced it has entered into a definitive agreement to acquire certain Algorithmics and related assets from IBM.

30 September 2019

Company announcement

Bank of China deepens relationship with IBM

Bank of China (BOC) and IBM (NYSE:IBM) today announced that they will expand their existing relationship to co-create a new innovation model for the financial industry.

27 September 2019

Company announcement/payments

Banque Cantonale Vaudoise to expand use of IBM Financial Transaction Manager

Banque Cantonale Vaudoise, Switzerland’s sixth largest lender and a major player on the Swiss banking scene, will expand its longstanding use of IBM (NYSE: IBM) Financial Transaction Manager to explore new use-cases in digital banking.

26 September 2019

Company announcement

Gmex taps IBM blockchain to support digital assets business

GMEX Technologies Ltd., a wholly owned subsidiary of GMEX Group providing multi-asset post-trade business and technology solutions, today announced the latest release of its GMEX Fusion Digital Capital Markets technology suite (GMEX Fusion), built on IBM (NYSE: IBM) Blockchain Platform, this technical advancement empowers institutional investors with a hybrid solution supporting multiple digital assets, including cryptocurrencies, security tokens, and more.

19 September 2019

News

CaixaBank tests quantum computing for risk analysis

Spain's CaixaBank has begun experimenting with quantum computing to help with risk analysis simulations on financial assets.

09 September 2019

News

The Future of AI: Applications for banking business transformation

While artificial intelligence has established itself as a disruptive technology for decades, AI is at the peak of the hype cycle now and banks have started to apply this technology to transform traditional models of businesses.

16 August 2019

Research

The Future of AI: Applications for banking business transformation

16 August 2019 857 downloads

Company announcement/cloud

IBM software products now cloud-native for public and private clouds

IBM today announced that it has transformed its software portfolio to be cloud-native and optimized it to run on Red Hat OpenShift. Enterprises can now build mission-critical applications once and run them on all leading public clouds, including AWS, Microsoft Azure, Google Cloud Platform, Alibaba and IBM Cloud and on private clouds.

02 August 2019

Finextra TV

Uberization in the payments world

Dr. Thomas L. Hager - VP Banking&FM Europe, IBM and Rajesh Venkatraman - Global Head, IBM Payment Solutions, speak at EBADay 2019 in Stockholm about Uberization of commerce and its place in the payments market, the key drivers, the key considerations for corporate banks as they embrace platform-based business models, what corporate banks need to figure out first before moving forward and how IBM is uniquely positioned to help corporate banking clients win in the platform-based economy.

09 July 2019

Company announcement/cloud

IBM closes $34 billion Red Hat acquisition

IBM (NYSE: IBM) and Red Hat announced today that they have closed the transaction under which IBM acquired all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total equity value of approximately $34 billion.

09 July 2019

News

Oz lenders and IBM team on bank guarantee blockchain platform

ANZ, Commonwealth Bank and Westpac are joining forces with IBM and shopping centre giant Scentre Group to pilot a blockchain-based platform for managing bank guarantees.

03 July 2019

Company announcement

Turkey's BKM goes live with blockchain-based digital certificate platform

BKM transfers certificates to blockchain-based environment through belgem.io, a distributed application developed with Microsoft and VeriPark.

12 June 2019

News/wholesale

Standard Chartered rolls out Trade AI Engine

Standard Chartered has teamed up with IBM to launch an "augmented intelligence' engine for trade document processing.

23 May 2019

News

IBM wins bidding for new Canadian RTGS platform

IBM has been selected as the lead technology partner for Canada's new high-value payment system, Lynx.

03 May 2019

News

IBM and Thomson Reuters team on AI and data-driven compliance offering

IBM and Thomson Reuters are fusing their AI and data expertise to help financial institutions meet regulatory compliance requirements.

02 May 2019

News

Regions Bank enlists IBM Watson for call centre work

Regions Bank is tapping IBM's Watson AI technology in its call centres to help improve customer service and free up staffers to deal with more complex issues.

25 April 2019