Alior Bank to launch fintech accelerator

Alior Bank has unveiled its acceleration programme for technology start-ups using the OpenAPI environment based on IBM technology, implemented by business solutions developer Tuatara.

IBM’s Power9-based AC922 system designed for AI workloads

IBM is ready to start shipping the first commercial server systems built around its recently released Power9 processor. Dubbed the AC922 Power Systems, these servers will ship by the end of December, and are specifically designed for artificial intelligence (AI) workloads.

IBM and Zelle team up to advance P2P payments

IBM says it has launched an “industry first” solution to support the full lifecycle of peer-to-peer (P2P) transactions, from the back office of financial institutions to the mobile device.

Fiserv Sets Sights on M-Payments Tech Vendor Monitise

Fiserv Inc., a Brookfield, Wis.-based global financial services technology provider, has offered to buy Monitise. The cash offer values the U.K.-based m-payments solutions provider at approximately £70 million (US$89.1 million). The transaction is subject to certain conditions, including Monitise shareholder approval, and is expected to close during the third quarter of this year.