IBM Financial Services - Announcements, Interviews & News Stories

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

/security

Certihash to develop an enterprise suite of blockchain security tools with IBM

Today, Certihash is pleased to announce a project to develop “Sentinel Node”, the first of a suite of five blockchain-empowered enterprise utility applications, based on the National Institute of Standards and Technology (NIST) cyber security framework.

28 April 2022

/security

Sopra chooses IBM Cloud via Red Hat OpenShift

Sopra Banking Software, the partner of choice for more than 1,500 financial institutions worldwide, announced that it will join the IBM Cloud for Financial Services Ecosystem. The IBM Cloud for Financial Services, which recently became generally available, is designed to help financial institutions transact with technology vendors, such as Sopra Banking Software, who have met the platform's stringent security and compliance requirements.

27 April 2021

/security

Santander and IBM to award 1,000 Digital Experience scholarships in AI and cybersecurity

Banco Santander has launched a new scholarship programme with IBM to boost the employability of job seekers and those looking to make a career change.

14 April 2021

/security

IBM: Security threats running rampant in the Cloud

IBM (NYSE: IBM) Security today released new data examining the top challenges and threats impacting cloud security, indicating that the ease and speed at which new cloud tools can be deployed can also make it harder for security teams to control their usage.

12 June 2020

/security

QIIB selects IBM artificial intelligence for fraud prevention

QIIB has implemented ‘IBM Safer Payments’ to deliver cross-channel fraud prevention, enabling the leading Qatari Islamic bank customers to bank more securely.

06 January 2020

/security

FIS adds IBM fraud detection to P2P payments service

Financial services technology leader FIS™ (NYSE: FIS) announced today that it has integrated the IBM Safer Payments solution with its P2P (person-to-person) services to better help U.S. financial institutions prevent fraud on real-time P2P payment services.

26 November 2019

/security

CULedger partners IBM for blockchain-based credit union services

CULedger, a credit union service organization (CUSO), today announced a collaboration with IBM (NYSE: IBM) to pioneer new blockchain-based services to help credit unions provide a better experience for members.

11 March 2019

/security

IBM profiles the huge hidden costs of data breaches

IBM (NYSE: IBM) Security today announced the results of a global study examining the full financial impact of a data breach on a company's bottom line.

13 July 2018

/security

IBM and Mastercard combine to combat GDPR with Truata

Truata has been designed specifically to help organisations conduct analytics in full compliance with Europe’s upcoming privacy and data protection framework, the European General Data Protection Regulation (GDPR).

15 March 2018

/security

IBM Security unveils system to help banks identify fraudulent accounts

IBM Security today announced a new capability from IBM Trusteer that helps banks identify fraudulent accounts before they are opened. The technology also protects consumers even if they are not a customer of the bank being targeted with the fake account

31 October 2017

/security

Mizuho Bank employs IBM Watson to fight financial crime

Mizuho Bank, Ltd. (President & CEO: Koji Fujiwara) and IBM Japan, Ltd. (General Manager: Elly Keinan) today announced that Mizuho Bank begun to verify operations towards more advanced and efficient risk management by employing cognitive technology *1 to take measures against financial crimes such as terrorism financing that governments across the world urge financial institutions to regulate more severely.

24 August 2017

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