IBM Financial Services - News, Articles & Research

Company announcement/ai

Ingenico launches IBM Watson-enabled chatbot

Ingenico Group, the global leader in seamless payment, launched its innovative payment-enabled chatbot, which uses natural language processing (NLP) from IBM Watson to create a smooth customer experience.

14 January 2019

News

Scotland's fintechs treble in number

The number of fintechs based in Scotland has increased threefold in the last 12 months following an initiative between government, academia and the finance industry designed to boost the sector.

11 January 2019

News/retail

Nordea staffers move to IBM as part of $540m outsourcing deal

Nordea has inked a $540 million, multi-year managed services agreement with IBM that will see around 120 of the Nordic bank's staffers move to Big Blue.

08 January 2019

News

IBM teams up with Thought Machine to hawk cloud-based core banking system

Thought Machine, the core banking startup set up by a gaggle of former Google engineers, has inked a global implementation partnership deal with IBM, gaining a heavyweight partner in its efforts to win over big clients.

04 December 2018

News

CLS rolls out DLT-based payment netting service

FX risk reduction utility CLS has gone live with CLSNet, a bilateral payment netting application running on distributed ledger technology from IBM

28 November 2018

Company announcement/regulation

BearingPoint and IBM forge RegTech partnership

Management and technology consultancy BearingPoint, which ranks among the leading providers of Regulatory and Risk Technology (RegTech/RiskTech), announced today that its RegTech product unit has formed a partnership with IBM Services for regulatory reporting.

22 November 2018

Finextra TV

Navigating Changing Global Regulation with Artificial Intelligence

Marc Andrews, Vice President of Watson Financial Services, IBM, speaks at Sibos 2018 in Sydney about how the banking industry is coping with the increasing burden of regulatory demand, how beneficial AI is to managing regulation and how AI led solutions help banks to manage risk and financial crime.

14 November 2018

News

DTCC begins testing DLT platform for credit derivatives

The Depository Trust & Clearing Corporation (DTCC) is ploughing ahead with its project to re-platform its credit derivatives Trade Information Warehouse (TIW) on distributed ledger technology and cloud, enlisting 15 of the world's largest banks for a testing phase.

06 November 2018

News/startups

South Africa's app-only Bank Zero gets license

Bank Zero, a digital-only South African bank co-founded by former FNB chief executive Michael Jordaan, has begun alpha testing its app after securing a mutual banking license.

01 November 2018

Company announcement

IBM to acquire Red Hat for $34 billion

IBM (NYSE:IBM) and Red Hat (NYSE:RHT), the world's leading provider of open source cloud software, announced today that the companies have reached a definitive agreement under which IBM will acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, representing a total enterprise value of approximately $34 billion.

29 October 2018

News/Sibos

Bian unveils free API market for banks

Banking not-for-profit Bian has launched a free online market, containing APIs developed by firms including IBM, Microsoft, Citi and PNC.

23 October 2018

News/Sibos

Sibos: IBM introduces Open Banking platform

IBM is looking to cash on the open banking era, launching a platform designed to bridge the gap between legacy systems and the API future while helping banks meet new regulatory requirements such as PSD2.

23 October 2018