Banking and Financial Markets

Banks are using blockchain to rewire financial markets for optimized cash management and consumer lending while transforming online and international payments processes.

Beyond proof of concept: Blockchain highlights from Sibos 2017

These days, you can’t go to a financial services conference such as Sibos without encountering animated discussions about blockchain. The distributed ledger technology that underpins Bitcoin has matured in several areas over the last year, and it’s now at a point where companies are looking to go beyond proof of concepts (PoCs). Because of my […]

Continue reading

Three uses for blockchain in banking

The banking and financial services industries have a complex relationship with blockchain, the distributed ledger technology that was popularized by cryptocurrencies such as Bitcoin. On the one hand, blockchain presents numerous opportunities to transform how people exchange value. The technology provides participants in a business network with a shared, immutable history of transactions — records […]

Continue reading

On the horizon: New blockchain solution for cross-border payments

Businesses and consumers just want to be able to move their money around the world as effortlessly as they send email. What’s stopping them? One reason may be that international payments infrastructures can be inefficient and expensive: transactions in different currencies can require multiple intermediaries and take days or weeks to complete. Improving operational efficiency […]

Continue reading

Trailblazing with blockchain at Sibos 2017

As we head into Sibos 2017, one of the world’s premier global financial services conferences, it is exciting to discuss the entirely new level of trust and transparency blockchain can bring to industry, and the business value it can drive. Organizations are now in a race to capture the tremendous business value potential of blockchain […]

Continue reading

Building the future of financial services with IBM Blockchain at Sibos

The rise of digital technologies is leading to change in many industries, and financial services is not exempt from disruption. Sibos, a financial services event that will be held next week in Toronto from October 16 – 19, presents an opportunity for savvy financial leaders to network, discuss business strategy and collectively shape the future […]

Continue reading

New collaboration on trade finance platform built on blockchain

Challenges in international trade finance are a major barrier to growth in global trade. Trading partners today rely on a on complex and paper-heavy process to secure their transactions. Seeking to address this issue, Swiss bank UBS and IBM began work in 2016 on a global trade platform based on blockchain, the shared, distributed ledger […]

Continue reading

Digital process automation and blockchain in financial services

Blockchain is more than a buzzword — it is a game-changer with the potential to revolutionize business operations across industries and the replay of a blockchain webinar will expand this discussion into the ongoing impact of blockchain in the financial services sector. Financial institutions handle multi-party business transactions daily, and many are investing heavily in […]

Continue reading

Rethink financial services with IBM Blockchain at Distributed: Trade

Do you ever get frustrated by how long it takes for an international payment to clear? Or how difficult it is to obtain insurance for your business and products? You might be interested to know that companies around the world are working to improve these processes through technology called blockchain. And on July 24, I’ll […]

Continue reading

Bringing trade finance to small and medium enterprises

Thanks to a collaboration between seven European banks and IBM, small and medium-sized enterprises in Europe could be trading in a whole new way by the end of this year. How? It’s called the Digital Trade Chain, and it’s based on a prototype trade finance and supply chain solution that was originated by KBC. The […]

Continue reading