IBMRSS

IBM and Zelle team up to advance P2P payments

Finastra gains three US clients

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.

IBM and eight banks unleash we.trade platform for blockchain-powered commerce

IBM working with Standard Life and ING Direct Australia

IBM and eight banks have unveiled we.trade – the new name for their Digital Trade Chain shared platform using distributed ledger technology (DLT) for domestic and cross-border commerce. Since January 2017, a group of seven banks (Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and UniCredit), together with IBM, have been developing the Digital Trade […]

IBM teams with Dream for payments on the cloud

Finicity teams with DataVerify

IBM has teamed with Toronto-based firm Dream Payments – bringing its cloud and security capabilities to help the firm offer mobile point of sale solutions and business-to-business (B2B) payments.

IBM, KlickEx Group and Stellar unveil cross-border payments solution

IBM and friends launch cross-border payments solution on blockchain

IBM, KlickEx Group, a regional financial services company, and Stellar, a non-profit organisation that supports an open source blockchain network, have unveiled a new regional cross-border payments solution using IBM’s blockchain technology to provide clearing and settlement of trades on a single network in real time.

Ten questions for, and about, AI

A ten-question test for AI

I have had it with the stream of articles about what artificial intelligence (AI) can do. Yes, machine learning works. It is possible to analyse key words, correlate them with other key words, do a massive amount of statistics, and find out some stuff. People cannot do that and computers can. Is this AI?

Deutsche Bank jumps on IBM Watson for Germanic AI ambitions

deutsche bank

Wunderbar! Deutsche Bank has completed internal proofs of concepts (PoCs) with IBM for the deployment of an artificial intelligence (AI) powered Watson cognitive system in the German language. The system will be used in the bank’s Artificial Intelligence Client Communication Centre (AI-C³), and Deutsche Bank says it will use Watson for the development of a […]

IBM combining data science and AI for analytics advance

IBM working with Standard Life and ING Direct Australia

IBM is looking to offer big data number crunchers and data scientists a way to add more machine learning and deep learning technology into the analytics process by combining two of the company’s platforms developed specifically for artificial intelligence (AI) and scientific research. Enterprise Cloud News (Banking Technology’s sister publication) reports that two IBM executives, […]

IBM teams with big banks for blockchain-powered trade finance platform

IBM working with Standard Life and ING Direct Australia

Tech giant IBM has partnered with five banks – UBS, Bank of Montreal, CaixaBank, Commerzbank and Erste Group – to launch a blockchain-based trade finance platform. The new platform, called Batavia, is built to be accessed by organisations of all sizes anywhere in the world.

IBM and MIT team up for AI research

Robots

IBM will make a ten-year, $240 million investment to create the MIT–IBM Watson AI Lab as the duo seek to unlock the potential of artificial intelligence (AI). The collaboration with Massachusetts Institute of Technology (MIT) aims to advance AI hardware, software and algorithms related to deep learning and other areas, increase AI’s impact on industries, […]

Top fintech stories this week – 25 August 2017

Banking Technology logo

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! Fiserv buys payments software vendor Dovetail Pushes deeper into the payments infrastructure sector. Mobile contactless transactions hit £370m in UK in H1 2017 A whopping 336% year-on-year increase. Avaloq maintains momentum with massive earnings rise Adjusted EBITDA increased […]

@banking
techno