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521 Results from "IBM Financial Services"

/regulation

IBM and Abbyy join forces on KYC compliance in banking

Abbyy, a multinational company specializing in artificial intelligence, and IBM, one of the world's leading providers of hybrid cloud and AI, today announced the strengthening of their strategic partnership aimed at transforming the KYC (Know Your Customer) process within large enterprises.

/cloud

Pan Asia bank recruits IBM for digital bank infrastructure upgrade

IBM announces its collaboration with Pan Asia Banking Corporation PLC of Sri Lanka to modernize the bank’s digital infrastructure and deliver faster, more secure banking services across Sri Lanka.

/cloud

Alinma Bank signs with IBM for hybrid cloud and AI integration

IBM and Alinma Bank announce that Alinma Bank, a leading financial institution in Saudi Arabia, has adopted IBM’s advanced hybrid cloud and AI integration technologies.

/ai

IBM publishes study on uptake of GenAI in financial markets

IBM (NYSE: IBM) today released its annual expectations for technology and transformation in the global financial services industry in the year ahead in the IBM Institute for Business Value 2025 Outlook for Banking and Financial Markets.

/retail

XYB partners IBM to modernise core banking

XYB, the leading Coreless Banking Platform business, has announced its plans to help banks modernise their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services organisations address the growing requirements for core modernisation initiatives.

/security

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.

/retail

Commercial International Bank Egypt selects IBM for business integration

Commercial International Bank Egypt (CIB) has chosen IBM’s technology to integrate existing and new services from branches, digital channels, mobile and internet banking, IVR, business processes and CRM.

/cloud

Temenos arrives on IBM Cloud for Financial Services

Temenos open platform, running on Red Hat OpenShift, is now available on IBM Power, LinuxONE and IBM Cloud for Financial Services to enable banks to realize the benefits of hybrid cloud.

/cloud

IBM research underscores lack of cloud cohesion

New global market research from IBM (NYSE: IBM) revealed that more than 77% of respondents have adopted a hybrid cloud approach which can help drive digital transformation, yet the majority of responding organizations are struggling with the complexity to make all their cloud environments work together. As organizations face skills gaps, security challenges and compliance obstacles, less than one quarter of respondents across the globe manage their hybrid cloud environments holistically – which can create blind spots and put data at risk.

/crypto

Archax taps Metaco to expand institutional digital asset custody offering on IBM Cloud

Archax, a global, regulated, digital asset exchange, brokerage and custodian based in London, has selected METACO, the market-leading provider of digital asset custody and orchestration technology to global financial institutions, to underpin and expand its institutional custody solutions for digital assets.

/cloud

Nth Exception and IBM aim to reduce ISO 20022 Migration risk

Nth Exception announces availability of their ISO 20022 Migration Governance Tool on IBM zSystems, Red Hat OpenShift and IBM LinuxONE.

/cloud

LevelField Financial selects Metaco to launch digital asset management capabilities on IBM Cloud

LevelField Financial, the premier U.S. financial services firm uniting digital assets and traditional banking services in one trusted platform has selected METACO, the market-leading provider of digital asset custody orchestration technology to complex, global financial institutions.