February 2, 2019

IBM Services Signs a USD$260M Agreement with Bank of the Philippine

MANILA, Philippines and ARMONK, N.Y., Jan. 23, 2019 /PRNewswire/ — IBM (NYSE: IBM) and the Bank of the Philippine Islands (BPI), a universal bank headquartered in Manila, have signed a $260M, multi-year services agreement. IBM will provide IT infrastructure services to support an agile IT and hybrid cloud, as well as digital development capabilities to accelerate […]

October 31, 2017

Top banks and R3 build blockchain-based payments system

  LONDON (Reuters) – Fintech firm R3 and 22 of the world’s biggest banks have together developed an international payments system that would allow existing central bank currencies and any new digital ones to be transacted via the blockchain, R3 said on Tuesday. The blockchain, which first emerged as the architecture underpinning cryptocurrency bitcoin, is […]