The Linux Foundation-led Hyperledger Project has signed up 30 founding members from the technology and financial services sectors, with several donating code to the effort to build a cross-industry open standard for distributed ledgers.
John McLean, CTO and Vice President, Software Group Europe, IBM, outlines the potential benefits of blockchain for financial institutions, what opportunities an open source approach allows, and what 2016 may hold for industrial blockchain development.
Goldman Sachs and IBM have jumped aboard Digital Asset Holdings' recent investment round, taking the blockchain startup's haul to more than $60 million.
IBM (NYSE:IBM) today announced that it has entered into a seven year strategic relationship with BTI Payments Private Ltd, India’s fastest growing White Label ATM (WLA) operator, to transform its IT Infrastructure. BTI Payments, which runs over 3000 “India1” branded White Label ATMs will leverage IBM’s managed services solution to deploy and manage an incremental 4,000 Automated Teller Machines (ATM) across the country.
IBM (NYSE: IBM) today announced that it has acquired IRIS Analytics, a privately held company specializing in real-time analytics to help combat payment fraud.
IBM has won a tender to modernise the Federal Reserve's ACH platform, which processes up to 100 million transactions per day and half of all US payments.
UK online retailer Shop Direct is to spend £50 million with IBM to develop personalised financial services for its four million customers.
Alvaro Ruiz, Executive Partner, Europe GBS Banking & Financial Markets Leader, IBM Global Business Services, discusses the role of digital in leveraging efficiency and agility in banking and which technology areas banks should focus on to achieve efficiency gains.
Alvaro Ruiz, Executive Partner, Europe GBS Banking & Financial Markets Leader, IBM Global Business Services, outlines how the digital revolution has impacted traditional retail banking, the effect it has on how banks define their products and services, and what technology enablers have caused this change.
Abu Dhabi Islamic Bank (ADIB) is to build a 'Digital Design Studio' to improve the user experience for its digital and mobile banking applications.
© Finextra Research 2016