Credit union blockchain consortium enlists IBM to plot expansion


CULedger and the computing giant will work to develop blockchain technologies, create new products and improve existing ones.


Bankers have another data security issue to worry about


Banks want to encourage innovation by extending access to outside developers, but customer data remains vulnerable while in use by an application.


Bank automation demand spurs IBM-fintech partnership


As robotic process automation expands into day-to-day lending operations, IBM is teaming up with UiPath, a startup that specializes in the new technology.


Startups take on stress-testing tech


Fintechs are developing data-crunching, automated products that seek to help banks precisely calibrate capital levels. The banks' goal is to pass stress tests while maximizing returns to investors.


Is regulators' green light on AML tech a game changer?


Bank and credit union regulators issued a statement giving institutions the go-ahead to try artificial intelligence and other emerging tech to detect money laundering. It's just what some institutions have been waiting for.


Fighting financial crime without excluding the underbanked


Promontory Financial Group CEO Eugene Ludwig says AI tools can remove the risks — and discrimination — involved in opening the U.S. financial system to newcomers.


Why IBM's purchase of Red Hat matters to banks


The merger could help make open source and cloud computing more commonplace at banks. But it may have an unintended consequence as well.


How banks can fine-tune regtech (and still reach the underserved)


Banks should work to shield some customers who may otherwise be flagged or blocked by AI-powered safeguards, and consider using alternative data to expand services to the underbanked.


Can this tech make banks better at spotting money launderers?


IBM claims that by monitoring customer behavior first and foremost, banks can make suspicious activity reporting far more accurate.


IBM, CLS launch blockchain banking app store


Banks that have decided to use Hyperledger Fabric now have a place to find apps that run on it — apps that someone else has tested. The store, LedgerConnect, is also meant to give vendors a way to distribute their wares to banks.