IBM Financial Services - News, Articles & Research

Company announcement/cloud

Luminor to migrate IT infrastructure to IBM Financial Cloud

Luminor Bank and IBM (NYSE:IBM) today announced a new five year agreement was signed in December under which IBM Services will support Luminor to help accelerate its digital transformation while continuously strengthening security and regulatory compliance processes by migrating its IT infrastructure to IBM Cloud for Financial Services.

26 January 2021

Company announcement/cloud

DIA leverages IBM tech to secure its decentralised financial data platform

IBM (NYSE: IBM) and DIA announced today that DIA migrated its platform to IBM Cloud and is leveraging IBM Cloud Hyper Protect Services to manage how financial data is sourced, stored, processed and published.

26 January 2021

Company announcement/cloud

IBM to acquire Nordcloud

IBM (NYSE: IBM) today announced an agreement to acquire Nordcloud, a European leader in cloud implementation, application transformation and managed services.

22 December 2020

News/security

Hackers use mobile emulators to steal millions of dollars from bank accounts

IBM Security Trusteer’s mobile security research team has uncovered a major fraud campaign that used mobile emulators to steal millions of dollars from financial institutions in Europe and the US within a matter of days.

18 December 2020

News/payments

IBM acquires Canadian payments outfit Expertus

IBM has acquired Canadian fintech Expertus as part of a strategy to extend its hybrid cloud offerings deeper into the AI and payments space.

16 December 2020

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