Archives

January 3, 2026 @ 1:27 pm By Omar Faridi  |  

Quantum computing is standing out as a transformative force poised to redefine industries from finance to digital banking. A recent update from Citi (NYSE: C) provides key insights from Noelle Ibrahim, IBM Quantum’s Technical Client Advisory Executive. This update sheds light on the current state… Read More

September 4, 2025 @ 10:44 pm By Omar Faridi  |  

Qatar Development Bank (QDB) has positioned itself as a key player in digital banking by modernizing its IT infrastructure through a partnership with IBM. Established back in 1997, QDB is considered to be a key part of Qatar’s economic diversification, dedicated to empowering small and… Read More

May 22, 2025 @ 6:18 pm By Omar Faridi  |  

IBM (NYSE: 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. Banks in Sri Lanka are undergoing transformations to meet “the needs of new and… Read More

October 23, 2024 @ 7:23 am By Omar Faridi  |  

Garanti BBVA Kripto aims to provide high performance, security, and customer trust standards of digital assets by entering strategic collaborations with Ripple through the service received from its subsidiary and IBM, for the safe custody of its digital asset trading platform, which reportedly serves more… Read More

October 8, 2024 @ 7:17 pm By Omar Faridi  |  

XYB, the Coreless Banking Platform business, has announced its plans to help banks enhance their core systems. XYB is working with global tech leader IBM to provide technologies and consulting expertise that can help financial services firms with addressing the increasing requirements for core modernization… Read More

December 9, 2023 @ 3:02 pm By Omar Faridi  |  

IBM is announcing IBM Hyper Protect Offline Signing Orchestrator (OSO)—a new technology to help deploy cold storage solutions for digital assets, and the latest addition to its confidential computing portfolio. OSO is designed to “address limitations of current cold storage offerings for digital assets, including… Read More

November 7, 2023 @ 9:53 pm By Omar Faridi  |  

NatWest and IBM (NYSE: IBM) announced enhancements to the bank’s virtual assistant, Cora, that will use generative AI to provide customers with access to a wider range of information through conversational interactions. The bank will be among the first in the UK to deploy generative… Read More

September 17, 2023 @ 7:35 pm By Tony Zerucha  |  

The IBM Institute for Business Value, in collaboration with the Banking Industry Architecture Network and Red Hat, this week released findings from a new global study that reveals significant gaps between the stated priorities of surveyed banking executives and the customers they serve. The research… Read More

May 10, 2023 @ 5:24 pm By Omar Faridi  |  

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. The partnership aims “to help accelerate banks’ digital transformation programs by providing enhanced security,… Read More

December 17, 2021 @ 7:31 am By Omar Faridi  |  

AIB, an Irish bank with key positions across various segments, and IBM (NYSE: IBM) have announced a €65 million 3-year agreement designed to help “deliver the bank’s 2023 strategy by accelerating its ongoing digital transformation, meeting its customer-first commitment and providing a clear pathway to… Read More

September 14, 2021 @ 4:22 pm By Tony Zerucha  |  

Banking software company Temenos this week announced the availability of Temenos Transact next-generation core banking with Red Hat OpenShift on IBM Cloud, to accelerate hybrid cloud adoption within the financial services industry.  Temenos Transact helps banks adopt a cloud strategy for their core banking systems… Read More

April 16, 2021 @ 7:09 pm By Omar Faridi  |  

Nitin Gaur, Founder and Director of IBM Digital Asset Labs, recently looked into how businesses may be able to absorb “disruptive” impact and start integrating new business models (NFTs) in existing and “new streams” of business opportunity. Gaur writes in a blog post that non-fungible… Read More

May 22, 2020 @ 10:43 am By Omar Faridi  |  

New York-based tech giant IBM (NYSE:IBM) has acquired a 7% stake in we.trade, a blockchain-enabled trade finance platform that’s owned by 12 major banking institutions. Launched by nine banks back in January 2017 under the name, Digital Trade Chain, the platform was renamed as we.trade… Read More

April 21, 2020 @ 9:14 am By Samantha Hurst  |  

Ireland-based fintech Fenergo announced on Tuesday it has joined forces with IBM (NYSE: IBM)  to fight financial crime. The duo signed an original equipment manufacturing (OEM) agreement that will allow the companies to collaborate on solutions that can help clients address the multitude of financial risks they… Read More

March 2, 2020 @ 2:13 pm By Samantha Hurst  |  

Infosys (NYSE: INFY), a global consulting, technology and next-generation services firm, announced on Monday it has formed a global alliance with IBM (NYSE: IBM) in order to help enterprises accelerate their digital transformation journey using the IBM public cloud. According to Infosys, the collaboration will help… Read More

February 21, 2020 @ 8:00 pm By Omar Faridi  |  

New York-headquartered tech giant IBM’s Indonesia division has confirmed that the nation’s Directorate General of Customs and Excise has begun using the blockchain or distributed ledger technology (DLT)-enabled shipping platform, called TradeLens. This news has come after months of platform development, with the country’s Customs… Read More

January 29, 2020 @ 2:23 am By Omar Faridi  |  

New York-based tech giant IBM has reportedly acquired a patent for the implementation of a “self-aware token,” which will be developed specifically to record events of offline transactions. According to a document submitted to the US Patent and Trademark Office, the self-aware token will be… Read More

January 7, 2020 @ 7:44 am By Omar Faridi  |  

New York-based tech giant IBM and Farmer Connect, an organization focused on enhancing transparency and sustainability in agriculture supply chains, introduced a blockchain-powered application at the Consumer Electronic Show (held in Las Vegas, Nevada on January 6, 2020) that lets users learn more about the… Read More

August 29, 2019 @ 8:39 pm By Samantha Hurst  |  

IBM (NYSE: IBM) announced earlier this week it is expanding its cloud capabilities to Latin America by late 2020. According to IBM, the new IBM Cloud multizone region (MZR), which will be in Brazil, is set to become IBM’s first in Latin America and will help clients… Read More

July 9, 2019 @ 3:14 pm By Samantha Hurst  |  

IBM (NYSE: IBM) announced on Tuesday it has acquired all of the issued and outstanding common shares of open hybrid cloud technologies provider Red Hat for $190 per share in cash, which represents equity value of approximately $34 billion. IBM reported that the acquisition it… Read More