IBM Financial Services - News, Articles & Research

Sustainable Finance Live 2024: Using AI technology to drive sustainable solutions

IBM announced its joint endeavor with WWF Germany to use AI spatial capturing technology to enhance elephant tracking in Africa. This technology will be able to support conservation of African elephants, which can increase carbon storage in their forest habitats.

3 hours

Company announcement/security

UK data breach costs soar

The average cost of a data breach in the UK rose to £3.58 million between March 2023 and February 2024, marking a 5% increase from the previous year and reversing a previous decline.

01 August 2024

News/ai

Mizuho and IBM test Gen AI for IT incident response management

Mizuho Financial Group is testing a generative AI application from IBM to help speed up recovery time from IT outages.

03 July 2024

News/ai

NatWest gives chatbot a generative AI upgrade

NatWest is boosting the IQ of its digital chatbot Cora with generative AI to provide more nuanced, pro-active answers to customer queries.

12 June 2024

Finextra TV/cloud

Lending Modernisation: Quick Wins for Banks

Join FinextraTV in conversation with Robert Downs, Global Head of Corporate & Syndicated Lending, Finastra and Prakash Pattni, Managing Director - Digital Transformation, IBM Cloud for Financial Services, IBM, as we explore a plethora of topics including digitalisation gaps, cloud innovation, data and knowledge management, regulation, and competition and how they all intersect with each other to modernise lending. This compelling conversation explores current problems with data in the lending industry and how modern technologies such as AI and automation transform lending processes, products and ensure quick wins for banks.

22 May 2024

News/crypto

Blockchain researchers use AI to spot Bitcoin money laundering

Researchers from Elliptic, IBM Watson and MIT have used AI to detect money laundering on the Bitcoin blockchain.

02 May 2024

News/security

HSBC and PayPal tackle quantum-safe cryptography in payments

HSBC and PayPal are among the founding member of a new working group investigating the adoption of quantum-safe cryptography in the payments industry.

29 April 2024

News/payments

Canada's real-time payment system won't launch before 2026

The launch of Canada's oft-delayed Real-Time Rail (RTR) payments system will now not happen until at least 2026, with new tech partners IBM and CGI brought in to the process.

17 April 2024

Company announcement/retail

Commercial International Bank Egypt selects IBM for business integration

Commercial International Bank Egypt (CIB) has chosen IBM’s technology to integrate existing and new services from branches, digital channels, mobile and internet banking, IVR, business processes and CRM.

18 December 2023

News/retail

IBM on how banks are starting to embrace generative AI

Earlier this week, NatWest announced its collaboration with IBM to add generative AI to their chatbot Cora, making it Cora+.

10 November 2023

News/retail

NatWest gives chatbot Cora a human feel with generative AI

NatWest is adding generative AI capabilities to its chatbot Cora, giving the intelligent digital assistant a more human-like conversational interface with customers.

06 November 2023

Finextra TV/Sibos

Redefining payments with collaborative innovation

At Sibos 2023, Ross Mallace, Executive Vice President, Global Head of SaaS & Partner Ecosystem, Temenos, and Prakash Pattni, Managing Director, Digital Transformation, IBM Cloud for Financial Services, explore the Temenos Payments Hub and IBM Cloud Framework for Financial Services® collaboration, highlighting client benefits and its transformative potential in payments.

12 October 2023