IBM Financial Services - News, Articles & Research

Finextra TV/ai

The Three Barriers to Successful AI Deployment

At Finextra’s inaugural ‘NextGenAI’ event, one topic kept coming up: what is stopping successful deployment? While in the FinextraTV studio, Prashant Jajodia, Managing Partner and Financial Services Sector Lead at IBM offered his expert insights and view on the subject. Using statistics and examples from IBM’s AI Adoption Index, Jajodia explains what he sees as the three barriers to deployment: trust, data and skills

02 December 2024

News/ai

NextGen: AI: 2025 will be the year of AI deployment

At Finextra’s first NextGen: AI event, Roberto Napolitano, chief marketing officer at Innovate Finance, moderated the panel session: ‘How do we deploy?’ in conversation with speakers Sandra Blaga, strategy and innovation manager of AI delivery at NatWest, and Prashant Jajodia, managing partner and financial services sector lead at IBM.

26 November 2024

News/ai

NextGen: AI – Join Finextra in London next week

Join us in London on 26 November to explore the current AI challenges, opportunities, and the future of AI in financial services.

22 November 2024

News/ai

NextGen: AI – Meet the speakers

Join Finextra at our inaugural London event next month to redefine the role of AI in financial services.

25 October 2024

News/crypto

Ripple and IBM provide crypto custody service for Garanti BBVA

Garanti BBVA is rolling out a crypto safekeeping service to its customers through a collaboration with Ripple and IBM.

24 October 2024

Company announcement/retail

XYB partners IBM to modernise core banking

XYB, the leading Coreless Banking Platform business, has announced its plans to help banks modernise their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services organisations address the growing requirements for core modernisation initiatives.

07 October 2024

Finextra TV/payments

Generative AI's Impact and Opportunities in Banking

Join FinextraTV as Shanker Ramamurthy, Global Managing Partner Banking & Financial Markets at IBM Consulting, and John Duigenan, General Manager Global Financial Services at IBM, unveil new global financial services survey findings. Explore the current state of generative AI adoption, the challenges and opportunities it presents, and the most impactful use cases revolutionising the banking industry. Delve into discussions on Open Banking, industry standards such as DORA, and trustworthy AI, and discover how financial institutions are set to leverage generative AI in the coming year.

02 October 2024

News/ai

NextGen: AI – A sneak peek of speakers and attendees

Finextra launches its inaugural Next:Gen AI event on 26 November 2024. Join us in London to help redefine what’s possible.

24 September 2024

News/sustainable

Sustainable Finance Live 2024: Using AI technology to drive sustainable solutions

IBM announced its joint endeavor with WWF Germany to use AI spatial capturing technology to enhance elephant tracking in Africa. This technology will be able to support conservation of African elephants, which can increase carbon storage in their forest habitats.

16 August 2024

Company announcement/security

UK data breach costs soar

The average cost of a data breach in the UK rose to £3.58 million between March 2023 and February 2024, marking a 5% increase from the previous year and reversing a previous decline.

01 August 2024

News/ai

Mizuho and IBM test Gen AI for IT incident response management

Mizuho Financial Group is testing a generative AI application from IBM to help speed up recovery time from IT outages.

03 July 2024

News/ai

NatWest gives chatbot a generative AI upgrade

NatWest is boosting the IQ of its digital chatbot Cora with generative AI to provide more nuanced, pro-active answers to customer queries.

12 June 2024