IBM (NYSE:IBM) announced today that Bank Sohar, one of the leading financial institutions in the Sultanate of Oman, has selected IBM Cloud and mobile to accelerate its digital transformation.
Multi-bank foreign exchange counterparty CLS is to build a payments netting service for trades settled outside the core membership using distributed ledger technology based on Hyperledger Fabric.
IBM (NYSE: IBM) today announced new offerings to help commercial banks rapidly provide new services for customers by using real-time payments.
IBM and China UnioPpay have demonstrated a blockchain prototype for loyalty bonus points exchange among multiple banks.
The Clearing House is to use an IBM Power8-based system infrastructure running Linux and AIX operating systems as the hosting platform for its forthcoming move to real-time payments.
The Bank of Tokyo-Mitsubishi UFJ (BTMU) and IBM are teaming up to use blockchain technologies for the design, management and execution of contracts among business partners.
ABN Amro, IBM, Holland FinTech and Linux Foundation are to run the first-ever Hyperledger hackathon, inviting coders to develop new financial applications capable of running on distributed ledgers.
Japan Exchange Group is talking up the transformational potential of the use of distributed ledgers in capital markets after analysing the results of proof of concept trials with member firms over the course of the past year.
IBM today announced a cloud service for organizations requiring a secure environment for blockchain networks.
Andrew Graham, Distinguished Engineer and Executive IT Architect - IBM Global Industries - Financial Markets and Banking, outlines the importance of operational resilience in an increasingly difficult environment, how technologies such as blockchain will impact resilience and what financial institutions need to do to get ahead in this domain.
© Finextra Research 2016