IBM Financial Services - News, Articles & Research

Company announcement/retail

CIBC introduces Watson-powered virtual assistant

With Canadians using digital banking now more than ever, CIBC is introducing a conversational AI-based Virtual Assistant powered by IBM Watson Assistant, that can perform banking transactions and answer questions about everyday banking.

10 December 2020

Company announcement/wholesale

IBM to acquire SAP consulting partner TruQua

As part of IBM's hybrid cloud growth strategy to drive digital transformation for clients, IBM (NYSE: IBM) today announced it has reached a definitive agreement to acquire TruQua Enterprises, LLC, an IT services and consulting SAP development partner that specializes in delivering finance and analytics solutions to Fortune 500 companies. Financial terms were not disclosed.

19 November 2020

News/retail

Westpac rolls out customer complaint resolution system

Australian bank Westpac has enlisted IBM to help build a complaint resolution platform that is now being rolled out to more than 15,000 customer-facing employees.

27 October 2020

Company announcement/wholesale

IBM integrates Linux One with R3 Corda Enterprise

It’s an exciting time for IBM LinuxONE. Over the past several months, we’ve been doubling down on new hardware, Red Hat OpenShift and new Cloud Paks for LinuxONE, and new confidential computing capabilities.

22 October 2020

Company announcement

Global container carriers CMA CGM and MSC join TradeLens

Major global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) today announced they are now integrated onto TradeLens, helping ensure a more fully integrated, timely and consistent view of logistics data for their containerized freight around the world.

15 October 2020

Company announcement/sustainable

IBM and The Climate Service to quantify risks to banks from climate change

IBM (NYSE: IBM) and The Climate Service (TCS), a leader in climate risk analytics for investors and businesses, today announced their alliance to work with financial institutions and corporations to better measure and quantify risks associated with climate change.

14 October 2020

News/crime

Sibos 2020: Is 'Ransomware-as-a-Service' a symptom of innovation?

Drilling down into the biggest threats facing financial services during Covid-19, industry heavyweights provide their perspectives on the changing face of cyber threats and where our biggest vulnerabilities reside during day 3 of Sibos 2020.

07 October 2020

Company announcement/payments

State Bank of India introduces contactless payments wristwatch

Last month, the State Bank of India (SBI), in partnership with IBM and the watchmaker Titan, released Titan Pay, the country’s first contactless payments wristwatch.

07 October 2020

News/cloud

Bank of Thailand launched blockchain-based government savings bond platform

Thailand's central bank has teamed up with IBM to launch the world's first blockchain-based platform for government savings bonds, issuing a total of $1.6 billion within two weeks.

05 October 2020

Company announcement/cloud

IBM and Fenergo join forces to speed customer onboarding

IBM (NYSE: IBM) and Fenergo, a leading provider of client lifecycle management (CLM) solutions for financial institutions, today announced the general availability of IBM Customer Lifecycle Management (CLM) with Fenergo.

05 October 2020

Company announcement/payments

IBM's Thai blockchain platform extends scope

IBM (NYSE: IBM) and the Blockchain Community Initiative (BCI) jointly announced that its electronic letter of guarantee (eLG) platform and network has successfully advanced and is now extending the scope and reach of its services and network to businesses of all sizes.

01 October 2020

Company announcement/cloud

IBM updates Financial Transaction Manager for Red Hat OpenShift

IBM (NYSE: IBM) today announced the release of a new version of its Financial Transaction Manager (FTM) solution, updated and containerized to run on Red Hat OpenShift and designed to help banks and financial institutions take advantage of the flexibility of hybrid cloud.

28 September 2020