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Deutsche Bank opens innovation lab in New York

deutsche bank

Deutsche Bank has opened an innovation lab in New York, its fourth globally. The lab is part of its five-year plan for €1 billion investment in digital initiatives. It is sited in Lower Manhattan’s Fulton Center and will explore new technologies focused on several areas, including artificial intelligence, cloud technology and cybersecurity. Elly Hardwick, head […]

IBM turns up heat in cloud pricing war

IBM working with Standard Life and ING Direct Australia

The last couple of months have been relatively quiet for the major cloud players, though it looks like the lurking pricing war is just beginning to heat up, reports telecoms.com (Banking Technology‘s sister publication). Speaking at IBM InterConnect in Las Vegas, the team announced a horde of new offerings, as well as a number of […]

IBM Cloud launches enterprise-ready blockchain for Hyperledger Fabric

IBM working with Standard Life and ING Direct Australia

IBM has unveiled its new release of IBM Blockchain, the “first” enterprise-ready blockchain service based on the Linux Foundation’s Hyperledger Fabric version 1.0. The service enables developers to build and host production blockchain networks on the IBM Cloud, and is underpinned by the IBM server LinuxONE. This development follows on from late last year when […]

IBM Cloud launches new developer tools for financial services

IBM working with Standard Life and ING Direct Australia

IBM has unveiled its IBM Cloud for Financial Services for creating finserv apps. Users will get access to APIs, data and content to build and monetise cognitive-enabled apps for fintech firms, banks, wealth management firms and insurance companies. Initially available in beta, developers will also have the ability to build in customer insights, regulatory compliance […]

IBM Cloud comes to China

Wanda Plaza, Beijing

Wanda Internet Technology and IBM have signed an agreement for the former to enter the public cloud business in China. This will be done via a new firm – Wanda Cloud Company – built on the IBM Cloud Platform.

Oracle earnings look promising, but why the IaaS obsession?

Oracle

Oracle has had another positive quarter as it navigates the complicated waters of business transformation, but it’s still a long way from kicking Infrastructure-as-a-Service (IaaS).

Lloyds in £1.3bn tech outsourcing deal with IBM

Lloyds tech gallops offshore

UK-based banking group Lloyds is to outsource its tech to IBM in a seven-year deal worth £1.3 billion. More than 1,900 jobs will be shifted to IBM and £760 million of costs will be cut as a result.

DSK Bank moves core and digital banking ops to IBM Cloud

SAP is targeting tier one, two and three banks with its cloud financial solutions

DSK Bank, Bulgaria’s largest bank and a member of the OTP banking group, has completed the migration of its banking operations to IBM’s data centres.

Corporate One Federal Credit Union tests real-time payments with D+H

Corporate One FCU

North American banking and payments tech vendor DH Corporation (D+H) is helping Corporate One Federal Credit Union move to real-time payments. Corporate One FCU is using D+H’s cloud-based testing environment to simulate connectivity to The Clearing House’s (TCH) real-time payments network.

Japan edges towards blockchain commercialisation

Japan

SBI Ripple Asia and the Japan Bank Consortium have “successfully” completed a pilot implementation of RC Cloud, Ripple’s unified blockchain platform for domestic and cross-border payments. As Banking Technology reported last year, the consortium (full name “The Japan Bank Consortium to Centrally Provide Domestic and Cross-border Payments”) officially launched with 42 member banks. As of […]

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