Batavia, a blokchain-based trade finance platform developed by a consortium of international banks and IBM, has passed its first live pilot transactions with corporate clients.
Rabobank is working with IBM to use cryptographic pseudonyms on its clients' personal data to help comply with the EU's new General Data Protection Regulation (GDPR).
Digital-only Australian bank UBank has teamed up with IBM to create a "hyper-personalised" AI-powered cognitive assistant for customer service employees.
Mizuho Financial Group has teamed up with IBM to develop an AI-based financial market forecasting tool that mimics the human brain's learning scheme.
Brazils' Bradesco is to use IBM's new private cloud platform to to create new microservices that extend banking information, such as account balances, to mobile devices.
Truata has been designed specifically to help organisations conduct analytics in full compliance with Europe’s upcoming privacy and data protection framework, the European General Data Protection Regulation (GDPR).
BBVA Group signs the second phase of its global accord on optimizing data processing, centered on Latin America and the US.
Orange, the leading French telecom operator, has been proposing since November 2017 a disruptive banking model with Orange Bank which has today reached nearly 100,000 customers.
Bank of America has filed for or received more blockchain-related patents in the US than any other firm, beating out Mastercard and IBM for the top spot, according to research from law firm EnvisionIP.
IBM and transport and logistics outfit AP Moller-Maersk are setting up a joint venture that will build a blockchain-based cross-border supply chain programme to manage and track the paper trail of tens of millions of shipping containers across the world.
© Finextra Research 2018