IBM is probably not the name you expected to see in front of the latest’Pay,’ but Big Blue is indeed wading into mobile payments. The newest form of mobile payment was introduced yesterday at Money20/20 in Las Vegas, and its selling point does not seem to be convenience so muchRead More
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IBM has acquired Promontory Financial Group, the consultancy founded by former Comptroller of the Currency Eugene Ludwig. Terms were not disclosed, but sources suggest IBM may have paid upwards of $300 million for the company. IBM said Promontory, which specializes in regulatory compliance consulting for financial institutions and employs 600Read More