The running joke is that after Dodd-Frank banks have become compliance companies that happen to make loans. It is funny...
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
Shuttle Holdings is preparing to launch a beta custody solution for digital assets built on IBM’s private cloud and encryption technologies;...
Lendio’s Top 10 States for Small Business Square Funded $339M to SMBs in Q1 Neon Raises $22M in Series A...
The partnership between IBM and Zelle is meant to accelerate and simplify payments through real time processing; they also will help to enable same day deposits, bill pay, less fees and seamless cash flow; Zelle is now working with over 20 banks and plans to reach 85 million consumers by end of year. Source.
The Spanish lender is going through a digital transformation as it looks to better serve their customers; through the five...
Bank of America earned 418 patents in 2019, which is 100 more than the 318 they earned in 2018 and...
We often hear about all of the applications of blockchain technology in financial services, but there are very few solutions...
IBM has been making waves with banks in recent months as they make a push to get large banks to...
IBM announced a partnership with Stellar.org and KlickEx Group to help small businesses in underdeveloped countries participate in global trade; the partnership will focus on financial transactions across borders and currencies; this will allow businesses in these areas to get access to IBM’s scale and bank partnership network. Source.