Tag : IBM

New IBM study: Insurance leaders agree that rapid adoption of generative AI is necessary to compete, but insurance customers express reservations
Artificial Intelligence Finance Fintech News

New IBM study: Insurance leaders agree that rapid adoption of generative AI is necessary to compete, but insurance customers express reservations

PR Newswire
New research by IBM’s Institute for Business Value identifies a disconnect between how insurers and their customers prioritize the use of generative AI, with industry executives focusing on experience while their clients are seeking personalized risk products and insights. Findings from a survey of 1,000 insurance c-suite executives in 23......
Basware Names Donna Wilczek to Board of Directors
Digital Payments News Technology

Basware Names Donna Wilczek to Board of Directors

PR Newswire
Industry Leader to Accelerate Innovation and Expand Market Reach Basware, the global leader in accounts payable (AP) automation and invoice processing, announced the appointment of Donna Wilczek to its Board of Directors. Wilczek, a seasoned technology executive, will provide guidance on product innovation and market strategy to support the evolving......
IBM Study: Divergent Views Among Small to Medium Sized Business Leaders and the Banks that Serve Them Uncover a White Space for Nimble Financial Institutions to Compete in this Varied Market Segment
Banking Finance Fintech News

IBM Study: Divergent Views Among Small to Medium Sized Business Leaders and the Banks that Serve Them Uncover a White Space for Nimble Financial Institutions to Compete in this Varied Market Segment

PR Newswire
New findings from IBM’s Institute for Business Value and the Banking Industry Architecture Network (BIAN), with contributions from the SME Finance Forum managed by the International Finance Corporation (IFC), revealed that despite the significant role small to medium-sized enterprise (SME) plays in the global economy, banks may be missing an......
EpositBox Announces IBM Cloud for Financial Services® Validation
Blockchain Cloud Fintech News

EpositBox Announces IBM Cloud for Financial Services Validation

PR Newswire
EpositBox, a Secure Data Storage and Protection Services Company utilizing immutable blockchain technology is excited to announce that the company is now IBM Chief Risk Office Approved and is now officially IBM FS Cloud Validated. This designation is awarded to those ecosystem partners who conform to the IBM FS Cloud architecture and guidance and......
IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist
Banking Finance Fintech News

IBM Study: Banking and Financial Markets CEOs are betting on generative AI to stay competitive, yet workforce and culture challenges persist

PR Newswire
Two-thirds (66%) of banking and financial markets CEOs surveyed said that the potential productivity gains from AI and automation are so great that they must accept the risks to stay competitive. 65% of financial institution leaders say that succeeding with AI will depend more on people’s adoption than the technology......
Gate2Chain Closes New Financing led by Ayre Ventures; Announces Several Enterprise Clients Using its B2B Product Suites
B2B Blockchain News

Gate2Chain Closes New Financing led by Ayre Ventures; Announces Several Enterprise Clients Using its B2B Product Suites

PR Newswire
Gate2Chain Ltd., the leading enterprise-grade Web3 solutions builder has closed a new financing round led by Ayre Ventures. Gate2Chain is also announcing the signing of several enterprise clients for its B2B platforms Trace, G2C Suite, and Minta. The clients include: A publicly listed company building a recruitment platform focused on the......
IBM Study: Widespread Discontent in Retail Experiences, Consumers Signal Interest in AI-Driven Shopping Amid Economic Strain
Artificial Intelligence News

IBM Study: Widespread Discontent in Retail Experiences, Consumers Signal Interest in AI-Driven Shopping Amid Economic Strain

PR Newswire
Only 9% of respondents say they are satisfied with the in-store shopping experience; only 14% say the same for online shopping. Roughly 80% of consumers surveyed who haven’t used AI for shopping expressed an interest in using the technology for various aspects of their shopping journey. As the retail landscape......
FPT Hits One Billion USD Revenue in Global IT Services for the First Time
Finance Fintech News

FPT Hits One Billion USD Revenue in Global IT Services for the First Time

Business Wire
Global technology corporation FPT has surpassed one billion USD in the global IT services segment, generated by its subsidiary FPT Software. This marks FPT as the first Vietnam-headquartered tech firm to reach this milestone, underscoring its sustainable growth, steadfast commitment to innovation, and dedication to client satisfaction. In 2023, the......
IBM to Acquire webMethods and StreamSets
Investment Services News

IBM to Acquire webMethods and StreamSets

PR Newswire
IBM to Acquire webMethods and StreamSets The acquisition of StreamSets and webMethods is further evidence of IBM’s deep focus and investment in AI and hybrid cloud. StreamSets will add data ingestion capabilities to watsonx, IBM’s AI and data platform, while webMethods will give clients and partners additional integration and API......
NatWest and IBM Collaborate on Generative AI Initiative to Enhance Customer Experience
Banking News

NatWest and IBM Collaborate on Generative AI Initiative to Enhance Customer Experience

PR Newswire
IBM’s deep engineering and AI expertise to deliver extended customer-focused functionality via NatWest’s virtual assistant, Cora Collaboration is part of NatWest’s broader generative AI approach, which leverages IBM’s enterprise AI platform, watsonx NatWest and IBM announced enhancements to the bank’s virtual assistant, Cora, that will use generative AI to provide......
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