Tagged: red hat

IBM Survey Reveals Differences Between Bank and Customer Priorities

The IBM Institute for Business Value, in collaboration with the Banking Industry Architecture Network and Red Hat, this week released findings from a new global study that reveals significant gaps between the stated priorities of surveyed banking executives and the customers they serve. The research… Read More

Digital Payments: ACI Worldwide, Red Hat to Expand Payment Cloud Offering

ACI Worldwide (NASDAQ: ACIW), which claims to be a global leader in mission-critical, real-time payments software, announced a collaboration with Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform, to enable financial institutions and payment providers to utilize ACI solutions on the platform. The collaboration… Read More

Digital Transformation: Temenos, IBM Help Banks Support Core Banking Modernization with Hybrid Cloud

Temenos open platform, running on Red Hat OpenShift, is now available on IBM Power, LinuxONE and IBM Cloud for Financial Services to enable banks to realize the benefits of hybrid cloud. The partnership aims “to help accelerate banks’ digital transformation programs by providing enhanced security,… Read More

Financial Services Professionals Believe Open Source is Valuable to Industry Growth: FINOS Survey

The adoption of open source in the financial services industry is “on the rise, largely led by organizations with Open Source Program Offices (OSPOs), which are more than twice as likely to encourage open source consumption, and nearly three times as likely to encourage open… Read More

NdcTech, Red Hat to Leverage Cloud Native, Open-Source Solutions

NdcTech, a global IT and consulting company providing transformational services for Banks and financial institutions has announced a collaboration with Red Hat, which claims to be the leading provider of enterprise open source solutions, “to deliver solutions based on cloud-native, open-source technologies in support of… Read More

Arab National Bank to Implement Open Hybrid Cloud Solutions with Assistance from Red Hat

Saudi Arabia-headquartered Arab National Bank has reportedly signed on US-based open-source software provider Red Hat, Inc., for the latter’s open hybrid Cloud technologies. As mentioned in the announcement, the Arab National Bank is planning to enhance its capabilities in virtual banking, open finance and customer… Read More

Artificial Intelligence: Royal Bank of Canada Shifts Apps Under Development at AI Reserach Unit, Borealis AI, to Private Cloud Platform

The Royal Bank of Canada (RBC), a multinational financial services company and the largest bank in Canada by market cap, has reportedly shifted applications under developments at its AI research division, Borealis AI, to a private cloud infrastructure. The high-performance cloud platform will be supported… Read More

Spanish Fintech Firm PecunPay Selects IBM to Develop Red Hat’s Kubernetes Platform OpenShift to “Drive Business”

Spanish Fintech firm PecunPay, which provides a payment and electronic funds transfer platform (managed by the Bank of Spain), has selected New York-based tech giant IBM to develop Red Hat’s Kubernetes platform OpenShift in order to help “drive business.” PecunPay reportedly manages over 500,000 cards… Read More

IBM Acquires Shares of Hybrid Cloud Tech Provider Red Hat For $34 Billion

IBM (NYSE: IBM) announced on Tuesday it has acquired all of the issued and outstanding common shares of open hybrid cloud technologies provider Red Hat for $190 per share in cash, which represents equity value of approximately $34 billion. IBM reported that the acquisition it… Read More

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