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
The bank, has since the start of 2017, deployed a text-based chat bot called ‘Cora’ which customers can use on the bank’s online help pages. It can answer 200 basic banking queries and now has 100,000 conversations a month. But drawing upon advances in neuroscience, psychology, computing power and artificial intelligence, a new Cora prototype
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