Tagged: ibm

Brief: Sberbank Initiates Pilot Blockchain Payment, Partners with MegaFon, MegaLabs, Alfa-Bank & IBM

Sberbank, Russia’s largest bank which  almost one third of aggregate Russian banking sector assets, is the key lender to the national economy and the biggest deposit taker in Russia. The bank has now spearheaded a Russian banking industry first: a pilot blockchain payment transaction. The transaction used… Read More

IBM & Dream Payments Announces Expansion of Payment Services on the Cloud to U.S. Financial Institutions

IBM (NYSE: IBM) announced on Monday it is teaming up with Canadian-based fintech company Dream Payments to bring a new revenue-generating, mobile payment offerings to financial institutions and merchants in the United States through the IBM Cloud. The technology giant revealed that it and Dream Payments are rolling out… Read More

Newly Formed Finastra Signs Agreement with IBM on Banking Technology, Fintech

Finastra, created by the merging of Misys and D+H, and IBM (NYSE: IBM) have reached an agreement to explore how Finastra can transform their banking operations with IBM Cloud and Cognitive technologies. The two companies plan to bring IBM technology into the Finastra open architecture to enrich… Read More

Japanese Megabank Mizuho Commits to Fintech in Series of Partnerships

New Fintech Incubator One of the largest banks in Japan, Mizuho Financial Group, has been in the news recently for several partnerships involving fintech. According to Nikkei Asian Review, the bank is in talks to co-develop a fintech incubator that will be focused on virtual… Read More

Two New Partnerships Announced Involving Singapore Fintech

This week, two separate partnerships involving Fintech education were announced in Singapore. Visa announced it has partnered with the Singapore Fintech Association and five local polytechnic schools to nurture future talent through a series of engagements with students from the schools. IBM also announced this week… Read More

IBM Teams Up With NUS to Promote Fintech & Blockchain Training in Singapore

The National University of Singapore (NUS) School of Computing and the IBM Center for Blockchain Innovation (ICBI), a part of IBM Research, announced on Tuesday they are collaborating to develop a module on fintech, which is set to better equip students with essential knowledge and skill sets in this area…. Read More

Japanese IB Nomura Opens Fintech Program in Mumbai, PwC, Google, IBM & Amazon Internet Services Join Effort

Japanese investment bank Nomura has set up a fintech program in India, inviting entrepreneurs in Mumbai to build new tools for capital markets. The Voyager partnership aims to give Indian fintech specialists access to Nomura’s resources at the Mumbai innovation centre, enabling them to test their ideas using… Read More

IBM Teams Up With Hejia to Launch Blockchain-based Supply Chain Financial Services Platform for Pharmaceutical Procurement

Earlier this week, IBM (NYSE: IBM) and Sichuan Hejia Co., Ltd. (Hejia) announced they have collaborated to launch a new blockchain-based supply chain financial service platform specifically for pharmaceutical procurement. The companies confirmed that the new service is to help improve efficiency, transparency, and operation of… Read More

Fintech Startup Invictus Hooks Up with IBM on Blockchain Tech

Singapore-based Fintech startup Invictus has partnered with IBM (NYSE:IBM) to leverage their cloud and blockchain tech to power their order, logistic and payment platform (OLP). Invictus will also be working with the IBM “Bluemix Garage” in Singapore to design a distributed ledger (DLT) platform prototype on the… Read More

Indiegogo, IBM & Arrow Electronics Partner on Internet of Things Venture

Indiegogo, IBM (NYSE: IBM) and Arrow Electronics (NYSE: ARW) have joined together to help launch the next big thing in the Internet of Things (IoT).  Qualified entrepreneurs will now have access to IBM’s Watson platform, Arrow Electronics production service and Indiegogo’s crowdfunding platform to bring new IoT… Read More

Citi Launches New Fintech Program “Citi Tech For Integrity Challenge”

On Tuesday, banking giant Citi has teamed up with IBM and its other allies to launch the Citi Tech for Integrity Challenge (T4I), which is described as a program that seeks to encourage technology innovators from around the globe to create solutions to promote integrity, accountability,… Read More

Postal Savings Bank of China Partners With IBM For Blockchain-Based Asset Custody System

Postal Savings Bank of China (PSBC) announced on Tuesday it has teamed up with IBM to launch its blockchain-based asset custody system. As part of its work, the bank has also successfully executed more than 100 real business transactions on the blockchain since the system… Read More

IBM Announces Blockchain Ecosystem

On Wednesday, IBM (NYSE: IBM) announced the launch of its new blockchain ecosystem. This program was reportedly created to help accelerate the creation of blockchain networks. According to IBM, the blockchain ecosystem program is designed for innovators looking to build real networks, which consists of venture… Read More

IBM Joins Fintech Hub in Toronto’s MaRS Discovery District

On Tuesday, technology giant IBM announced it is set to join the fintech hub in Toronto’s MaRS Discovery District. The high profile company is said to be the first technology resident that will be located in the space, which is occupied by mainly financial services… Read More

Israel Secondary Fund Closes $100M Fund. Aims to Provide Liquidity for Early Stage Investors

Israel Secondary Fund (ISF), a secondary fund that provides liquidity to the private equity and venture capital market by acquiring stakes in Israel, announced on Monday it is in advanced stages of raising $100 million for its second fund, ISF II. The majority of the… Read More

ThinkCrowdFund Teams Up With MoolaHoop to Help Women Entrepreneurs Raise Funds

Dallas-based ThinkCrowdFund, a crowdfunding validation and education technology company, is looking to close the funding gap women entrepreneurs face when it comes to access to capital. The company has partnered with MoolaHoop, a rewards-based crowdfunding platform, to help more women entrepreneurs raise capital using the… Read More

Brief: Kickstarter’s FreeWavz Dubbed SXSW 2015 Interactive Innovation Award for Wearable Tech Winner

FreeWavz received the SXSW Interactive Innovation Award for the Wearable Tech category at the 18th annual SXSW Interactive Innovation Awards ceremony, presented by Pricewaterhouse Coopers and supporting sponsors Cloud typography and IBM. Founder of Freewavz, Dr. Eric Hensen, stated: “It is a great honor to be selected as a… Read More

Backers Can Now Help Scripps Research Institute Scientists With Ebola Cure Funding in Their Computers’ Spare Time Thanks to IBM

Although some medical therapies show promise as treatments for Ebola, scientists are still looking urgently for a definitive cure. For the first time, anyone with access to a computer or Android-based mobile device can help scientists perform this critical research — no financial contribution, passport,… Read More

Successful Kickstarter Company Teams Up With IBM To Nuture Tech Startups

Shoreditch Works announced today a major funding partnership with IBM to support software developers, entrepreneurs with startups in London The IBM investment follows Shoreditch Works completing a successful Kickstarter campaign in 2013, raising £90,000 from 340 backers. The companies will be running events at the Village… Read More

#Crowdfunding News Roundup: December 6, 2013

CNN Money | How IBM bypasses bureaucratic purgatory IBM has an in-house crowdfunding platform that they use to allow employees to vet and evaluate their colleagues’ ideas. It’s an effort to “improve the way we do things internally” according to the head of IBM’s CIO… Read More