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May 26, 2021
The Global Platform as a Service (PaaS) Market size is expected to reach $167. 3 billion by 2027, rising at a market growth of 16. ...
January 18, 2021
Add to Bookmarks International Business Machines Corp. (IBM) reports Q4 2020 results after Thursday’s U.S. closing bell, with analysts expecting a profit of $2.05 per-share on $20.57 billion in revenue. If met, earnings-per-share (EPS) will mark a troubling 56% profit decline, compared to the same quarter in 2019. The stock fell 6.5% in October after meeting modest top and bottom line estimates, consistent with the company’s long-term status as a market laggard. Advertisement Start Trading ...
December 24, 2020
IBM (NYSE:IBM) will be integrated to allow individuals to store and share results. Secure sharing of health records Individuals will benefit from this alliance to store and share vaccination status, temperature checks, and test results using a mobile wallet. They can maintain the secrecy of their data while securely sharing the health records. According to a communication from both companies, the new alliance allows the firms to check the health status and vaccination of employees when they ret...
December 21, 2020
Author Bio Will Healy is a freelance financial writer who has had a lifelong interest in the stock market, along with numerous, less-useful pursuits. Will pursued his passion for writing after working in the corporate world as both an analyst and an insurance sales professional. He holds a bachelors degree from Texas A&M Univesity, and M.S. from the University of North Texas, and an MBA in finance and strategy from the University of Texas at Dallas Jindal School of Manag...
December 17, 2020
Dec 17, 2020 10:27 GMTCrypto News Ripple’s cryptocurrency may benefit from the IBM-Expertus deal. XRP breaks above the upper line of a triangle pattern. Ripple (XRP) resumed the recovery after the devastating sell-off below $0.5 at the beginning of the week. At the time of writing, XRP is changing hands at $0.56. The third-largest digital asset has gained over 23% on a day-to-day basis amid strong bullish sentiments on the cryptocurrency market. Ripple’s market capitalization increased to...
December 16, 2020
Montreal-based FinTech Expertus acquired by IBM Montreal-based FinTech company Expertus Technologies has been acquired by IBM as part of the multinational tech conglomerate’s strategy to become an end-to-end digital payment solution provider. Expertus has been added to the IBM Global Business Services unit, the professional services arm of IBM that applies advanced technology and helps clients design, build, and run businesses. Financial terms of the deal were not disclosed. E...
December 16, 2020
IBM To Acquire Fintech Expertus By Will Healy 12/16/20 AT 1:09 AM IBM (NYSE:IBM) announced today that it has bought Expertus Technologies, a Montreal-based fintech. Expertus offers a payments-as-a-service solution that will enhance payments options in IBMs hybrid cloud. "Financial institutions must balance greater demand for secure digital solutions while complying with rapidly evolving regulation," said Mark Foster, senior vice president for IBM Services. Foster added that the solutio...
December 16, 2020
Tech giant IBM has acquired Montreal-based fintech company Expertus Technologies for an undisclosed sum - a move that is aimed at strengthening IBMs portfolio as an end-to-end digital payments solution provider and further advancing IBMs hybrid cloud and AI strategy. Founded in 2001, Expertus offers payment-as-a-service cloud solutions to banks, credit unions and enterprise players. Over $50 billion is processed through the Expertus platform daily. The financial terms were not disclosed. "E...
December 16, 2020
Author Bio Will Healy is a freelance financial writer who has had a lifelong interest in the stock market, along with numerous, less-useful pursuits. Will pursued his passion for writing after working in the corporate world as both an analyst and an insurance sales professional. He holds a bachelors degree from Texas A&M Univesity, and M.S. from the University of North Texas, and an MBA in finance and strategy from the University of Texas at Dallas Jindal School of Manag...
December 16, 2020
IBM said that the acquisition brings decades of consulting experience on payment modernisation to the company. It added that the consulting and business process services opportunity in banking and financial markets over the next few years could be worth as much as $100 billion. The deal builds on last months acquisition of SAP consulting partner TruQua, which bolstered IBM Global Business Services cloud application modernisation and finance transformation expertise. Expertus will now become par...