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Tag: IBM

Should FinTech companies worry about the current market?

The financial market is going through a rough patch. The rising cost of living, soaring inflation rates, war in Ukraine and the post-pandemic environment is having a major impact on businesses and individuals. Companies are starting to feel the pinch and the FinTech sector is among them. However, how bad is it for FinTechs?

Cost of data breaches reaching all-time highs, IBM finds

A study by IBM Security has found that the global average cost of a data breach has hit a new high of $4.35m.

Cognitive View joins IBM Cloud for Financial Services

Communication monitoring platform Cognitive View has joined the IBM Cloud for Financial Services, which is filled with over 125 global systems integrators, independent software vendors, SaaS providers, and FinTechs.

Saudi Payments teams with IBM, Mastercard to launch instant payment system

Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.

We.Trade said to raise €5.5m in funding

Dublin-based We.Trade, which offers a blockchain-enabled trade finance platform, has reportedly collected €5.5m in funding.

KodyPay raises £1.8m in new round

Payment aggregator and sales app KodyPay has secured £1.8m in a new funding round.

The cost of data breaches has gone up during Covid-19

While the average cost of a data breach in Canada has increased by 6.7% in the last year, companies have become faster at spotting them.

Ascent teams up with IBM to help businesses reach their compliance...

AI-powered compliance company Ascent has partnered with IBM, which will see the RegTech integrate its solutions in an effort to help financial institutions keep abreast of ever-changing regulatory requirements.

Many forced to work remotely lack cybersecurity training to do so...

The coronavirus forced many to work remotely for the first time in their careers, but few had any cybersecurity training to rely on to keep themselves safe, according to new research.

CaixaBank takes its relationship with IBM Services to the next level...

Spanish and Portuguese CaixaBank has signed an agreement with IBM Services to accelerate its hybrid cloud journey and to strengthen the bank's capability to develop innovative and digital-first solutions.

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