IBM z16 also is specifically designed to help protect against near-future threats that might be used to crack today\u2019s encryption technologies.
\n\u201cIBM z16 is an essential component for organisations across the African continent as they accelerate their digital transformation journey. By simplifying hybrid cloud adoption, modernizing applications, and keeping data safe, encrypted, and resilient \u2013 clients can have the cloud they want, with the privacy and security they need,\u201d says Julia Carvalho, GM at IBM Africa Growth Markets.<\/p>\n
\u201cIBM z16 delivers breakthrough technologies for AI and cyber resiliency \u2013 making it a crucial platform for any digital transformation,\u201d she says.<\/p>\n
Financial institutions worldwide struggle with the impacts of fraudulent activities on their revenues and consumer interactions. IBM z16 brings together AI inferencing, via its IBM Telum Processor. Inferencing refers to the act of using a neural network to provide insights after it has been trained.<\/p>\n
This innovation will allow banks to analyse for fraud during transactions on a massive scale. IBM z16 can process 300 billion inference requests per day, the company says.<\/p>\n
For consumers, this could mean reducing the time and energy required to handle fraudulent transactions on their credit cards. For both merchants and card issuers, this could mean a reduction in revenue loss as consumers could avoid the frustration associated with false declines where they might turn to other cards for future transactions.<\/p>\n
Other threats including tax fraud and organized retail theft are emerging as challenges for governments and businesses to control. Real-time payments and alternative payment methods like cryptocurrencies are pushing the limits on traditional fraud detection techniques.<\/p>\n","protected":false},"excerpt":{"rendered":"
On Thursday, IBM an international tech company, announced IBM z16, a Telum processor that allows clients to infuse AI inferencing for real-time insights. This innovation is designed to enable clients to analyse real-time transactions, at scale \u2014 for mission-critical workloads such as credit card, healthcare, and financial transactions.<\/p>\n","protected":false},"author":12963,"featured_media":5400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,21],"tags":[7,26,22],"class_list":{"0":"post-5403","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-technology","9":"tag-apie-project","10":"tag-news","11":"tag-technology"},"yoast_head":"\n