Red Hat, Inc., the provider of open source solutions, announced it has collaborated with Nationwide Building Society to build and scale its new Business Integration Platform (BIP) to improve customer engagement for 16 million members. Red Hat OpenShift, the hybrid cloud application platform powered by… Read More
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
ACI Worldwide (NASDAQ: ACIW), which claims to be a global leader in mission-critical, real-time payments software, announced a collaboration with Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform, to enable financial institutions and payment providers to utilize ACI solutions on the platform. The collaboration… Read More
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
The adoption of open source in the financial services industry is “on the rise, largely led by organizations with Open Source Program Offices (OSPOs), which are more than twice as likely to encourage open source consumption, and nearly three times as likely to encourage open… Read More
NdcTech, a global IT and consulting company providing transformational services for Banks and financial institutions has announced a collaboration with Red Hat, which claims to be the leading provider of enterprise open source solutions, “to deliver solutions based on cloud-native, open-source technologies in support of… Read More
Saudi Arabia-headquartered Arab National Bank has reportedly signed on US-based open-source software provider Red Hat, Inc., for the latter’s open hybrid Cloud technologies. As mentioned in the announcement, the Arab National Bank is planning to enhance its capabilities in virtual banking, open finance and customer… Read More
The Royal Bank of Canada (RBC), a multinational financial services company and the largest bank in Canada by market cap, has reportedly shifted applications under developments at its AI research division, Borealis AI, to a private cloud infrastructure. The high-performance cloud platform will be supported… Read More
Spanish Fintech firm PecunPay, which provides a payment and electronic funds transfer platform (managed by the Bank of Spain), has selected New York-based tech giant IBM to develop Red Hat’s Kubernetes platform OpenShift in order to help “drive business.” PecunPay reportedly manages over 500,000 cards… Read More
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
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