Lendio’s Top 10 States for Small Business Square Funded $339M to SMBs in Q1 Neon Raises $22M in Series A...
IBM laid out plans last month on new AI guidance to ensure it is done in an ethical way; according...
IBM has hired Jesse Lund from Wells Fargo to lead its blockchain market development and global financial services departments; Lund will join IBM at the onset of its global blockchain implementation launch; IBM is investing in global blockchain and according to recent comments from Jerry Cuomo, IBM vice president of blockchain technologies, the blockchain that IBM will offer will have special things like regulatory compliance and it will be interoperable with interoperability standards; a large part of IBM's blockchain development will take place through the Hyperledger Project which both Cuomo and Lund will be actively involved in. Source
IBM has been making waves with banks in recent months as they make a push to get large banks to...
We often hear about all of the applications of blockchain technology in financial services, but there are very few solutions...
Bank of America earned 418 patents in 2019, which is 100 more than the 318 they earned in 2018 and...
The Bank of Montreal, Caixabank, Erste Bank and Commerzbank join the Batavia blockchain project; the project was launched by UBS and IBM last year; Batavia looks to transform the trade finance industry; Marie Wieck, general manager of the blockchain team at IBM, tells the FT, “there is now a shift from technology projects to more of what I’d call ecosystem projects like this one.” Source.
Business Insider takes a look at a growing trend in fintech as companies look to offer blockchain technology as a service; companies offering this already include Amazon AWS, IBM, Microsoft Azure and R3 Corda; this trend is seen as something that will only increase in the coming years as more adoption of this technology occurs in financial services and beyond. Source.
China Construction Bank is working with IBM to develop blockchain-enabled “bancassurance” platform for its retail and commercial banking arm in Hong Kong; A ‘bancassurance’ endeavor typically sees sales of insurance products through banks; the blockchain platform, which is expected to launch in Q3 2017, is currently in its testing phase between China Construction Bank (Asia) and its insurance providers and their clients. Source
artificial intelligencebig techdigital transformationenterprise blockchainidentity and privacyIndiaregulation & compliancetelecom & infrastructure
·This week, we look at:
IBM spinning out its managed services division with $18 billion of revenue in order to focus on hybrid cloud and digital transformation
Reliance Jio, the Indian mobile telecom provider with 400 million users, contemplating financial services with backing from Google and Facebook
The role that technology infrastructure plays in the delivery of financial services