IT for financial services
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News
12 Jun 2024
Nordic innovators look to revive the zombie subscriber population
Zombie subscriptions where customers buy a service and forget about it are harming the subscription economy, but software is being developed to support the subscription economy Continue Reading
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News
15 Jan 2024
Santander bank added 4,500 tech staff last year
Santander added thousands of IT staff to its global operation last year, as part of its digital transformation Continue Reading
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News
11 Jul 2019
Dutch privacy watchdog tells banks not to use customer payment data for marketing
Autoriteit Persoonsgegevens tells banks to respect client privacy and not to market products based on spending data Continue Reading
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Blog Post
10 Jul 2019
People that have never heard of the cloud enjoy cloud services, so why should open banking differ?
Open banking has some way to go before and banks' shouldn't pin all their hopes on Millennials Continue Reading
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News
09 Jul 2019
Deutsche Bank cuts jobs but increases tech spend
Deutsche Bank is making swingeing cuts to its workforce over the next two and a half years and has pinned its hopes on the latest technology to make it possible. Continue Reading
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News
05 Jul 2019
Challenger bank shuts up shop in UK amid uncertainty
Digital bank Fidor is ending its time in the UK, blaming uncertainties in the market Continue Reading
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Blog Post
05 Jul 2019
Fintech pioneer helps to give fintech treatment to debt financing after Fidor sale
The founder of digital bank Fidor has turned his attention to fixing the inefficiencies of debt processing at banks through technology and empathy Continue Reading
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Opinion
04 Jul 2019
Why Facebook’s Libra digital currency could run rings round the regulators
Facebook’s cryptocurrency isn’t really a cryptocurrency, nor is it really a money transfer network, but it’s been formulated in such a way that regulators might not be able to do anything to stop it Continue Reading
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News
04 Jul 2019
Nordic payments tie-up as Nets and Swish collaborate
Payments provider and app developer work together to test out mobile phone-based in-store payments system Continue Reading
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News
04 Jul 2019
Implementing IoT – overcoming barriers to commercial adoption
Tim Wright from the Institute of Telecoms Professionals reports from a recent seminar exploring questions around the barriers to commercial, at-scale adoption of the internet of things, and how to overcome them Continue Reading
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News
03 Jul 2019
Why PSD2 adoption in the Netherlands is lagging behind
The Netherlands appears to be falling behind in open banking, even though the Dutch are digitally proficient and are often early adopters of new technology. What is going on? Continue Reading
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Blog Post
03 Jul 2019
What do the fintechs think of Facebook’s cryptocurrency Libra?
Fintechs welcome Facebook Libra but realise the scale of the social media giant's challenge to make it work Continue Reading
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News
02 Jul 2019
CPS faces legal ruling over refusal to disclose emails with US on WikiLeaks and Assange extradition
A court will decide whether the Crown Prosecution Service can refuse to neither confirm nor deny the existence of correspondence with US on investigations into Julian Assange and WikiLeaks Continue Reading
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News
02 Jul 2019
Few UK firms are cyber insured despite financial losses
More than one-fifth of UK firms have been impacted financially by cyber attacks, yet potentially more than three-quarters of companies polled have never been insured for cyber-related losses Continue Reading
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News
01 Jul 2019
Huge jump in cyber incidents reported by finance sector
The number of cyber incidents reported by financial services firms increased nearly 12-fold in 2018 from 2017, mainly due to third-party failures, highlighting several key areas that need improvement Continue Reading
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Feature
01 Jul 2019
How to get the basics of mobile device management right the first time
When adopting mobile device management, there are often fears around implementation and whether or not the strategy is even required Continue Reading
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News
01 Jul 2019
The Great Eastern way to digital transformation
Regional insurance company Great Eastern has rolled out a new digital platform to better serve customers while morphing its DNA from the inside out Continue Reading
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News
28 Jun 2019
Visa modernises B2B global payments through open source blockchain
Visa is modernising cross-border business-to-business payments, with blockchain used to connect participating corporate Continue Reading
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News
28 Jun 2019
TIN coalition calls for industry action against cyber fraud
An industry group aimed at improving cyber security by tackling enduring challenges has called for collaboration in the fight against cyber fraud Continue Reading
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Feature
28 Jun 2019
Exploring UCaaS: The main benefits for enterprises
Getting unified communications-as-a-service right can mean more agility, higher productivity, and cost control Continue Reading
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News
28 Jun 2019
Interview: Yasmeen Al Sharaf, head of fintech and innovation unit, Central Bank of Bahrain
Yasmeen Al Sharaf heads up financial technology strategy at Bahrain’s central bank, which is on a mission to grow and diversify the sector in the Middle East island state Continue Reading
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News
27 Jun 2019
Dutch bank and researchers begin defence against quantum computing’s dark side
ABN Amro is working with QuTech to ensure that banks can protect data against quantum computers in the future Continue Reading
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Blog Post
27 Jun 2019
The ID Co passport to travel the internet: Fintech interview 23
The ID Co is offering businesses technology that has the potential of getting a mortgage approval in seconds Continue Reading
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News
26 Jun 2019
Commercial interests put customer security at risk, survey shows
Firms are bypassing security to push products and services into the market, increasing security risks for the organisation and its customers, a poll of information security professionals shows Continue Reading
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News
26 Jun 2019
Open banking could generate £18bn in value for UK SMEs and citizens
Consumers and SMEs could generate billions of pounds in value if open banking adoption reaches its potential Continue Reading
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News
26 Jun 2019
Wider threat campaign behind Wipro breach
A sophisticated, far-ranging threat campaign was behind the breach at Indian IT services firm Wipro in April, which was not an isolated incident, RiskIQ report reveals Continue Reading
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News
26 Jun 2019
Nordic public dispels fears over AI and welcomes its advance
People in the Nordic countries are more welcoming and less fearful of the advance of artificial intelligence than those in other regions Continue Reading
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Blog Post
26 Jun 2019
Scepticism and the challenges beyond for Facebook’s Libra
Facebook faces major hurdles to make Libra a success even if it overcomes the rampant scepitisim Continue Reading
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News
26 Jun 2019
Six arrested over €24m cryptocurrency theft
Police have arrested six people in the UK and the Netherlands in connection with the theft of cryptocurrency worth €24m Continue Reading
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News
25 Jun 2019
Half of Dutch IT decision-makers can’t explain blockchain technology
IT decision-makers in the Netherlands know that blockchain has significant benefits, but half don’t understand how to apply it Continue Reading
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News
25 Jun 2019
Three Finnish banks, one core IT platform
Can a shared core IT platform enable three Finnish banks to become more efficient yet maintain individual competitiveness? Continue Reading
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News
25 Jun 2019
Saudi banks trial blockchain-based identity technology at ATMs
Biometric and blockchain technologies are being used in tandem to provide ID verification at Saudi Arabian cash machines Continue Reading
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News
25 Jun 2019
UK firms downloading vulnerable open source software
Vulnerable open source software components are posing a security threat to UK firms, according to a report that also shows how best practice, including automation, can reduce the risk Continue Reading
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News
21 Jun 2019
Nominations open for UK’s security unsung heroes
The Security Serious cyber awareness campaign has opened nominations for the fourth annual cyber security Unsung Heroes awards Continue Reading
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Feature
21 Jun 2019
Disaster planning: How to expect the unexpected
Focusing too much on specific disasters rather than considering an organisation’s data protection, network security and process requirements, can lead to unpredicted vulnerabilities Continue Reading
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News
19 Jun 2019
Lloyds Bank uses community effort to push out DevOps
The developers and IT operations teams were once separate. Now they are one. The challenge is getting this to scale across the business Continue Reading
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News
19 Jun 2019
Looming private sector IR35 reforms prompts calls for gig economy-focused tax system overhaul
The growth of the gig-based economy has exposed weaknesses in the UK tax system – exacerbated by the IR35 reforms – that mean an overhaul is needed, panel claims Continue Reading
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Blog Post
19 Jun 2019
Fintech IT chiefs earn more than chief financial officers
Fintech IT heads are the top earners but this will change as the industry matures and needs for different skills Continue Reading
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News
19 Jun 2019
Luxembourg tech startups get premium connections
Luxembourg is at the centre of a continent with ambitious plans to develop a thriving tech industry, but what makes it different? Continue Reading
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News
18 Jun 2019
Facebook announces global digital currency Libra
Facebook is launching digital coin to open up affordable financial services to the world Continue Reading
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News
18 Jun 2019
Openreach trials will speed up broadband upgrade
Tests to focus on process of migrating households and businesses to fibre to the premise and voice over IP Continue Reading
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News
17 Jun 2019
DevSecOps is key to uniting opposing forces
Unifying DevOps and security teams with the aid of automation will bring harmony and added business benefits, says systems engineer Continue Reading
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News
17 Jun 2019
HMRC urged to delay April 2020 extension of IR35 rules to private sector by 'at least' 12 months
An analysis of the responses HMRC has reportedly received to its consultation on extending the IR35 tax avoidance reforms to the private sector suggests the tax agency is coming under pressure to put its plans on hold for at least 12 months Continue Reading
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Blog Post
17 Jun 2019
Lloyds bank adds savings and credit card to open banking
Lloyds Banking Group launches the latest edition of its open banking journey Continue Reading
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Feature
14 Jun 2019
AI storage: Machine learning, deep learning and storage needs
Artificial intelligence workloads impact storage, with NVMe flash needed for GPU processing at the highest levels of performance – and there are other choices right through the AI data lifecycle Continue Reading
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News
13 Jun 2019
AI-enabled cyber attacks a reality soon, warns Mikko Hypponen
Technology continues to shape human conflict and artificial intelligence will be no exception, so business needs to up its ability to detect attacks and respond, says security expert Continue Reading
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Blog Post
12 Jun 2019
Currencycloud takes Lego approach to payments infrastructure: Fintech Interview 22
Currencycloud offers emerging fintechs make chiild's play of building a payments infrastructure Continue Reading
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News
12 Jun 2019
From oil crash to tech startup boom in Norway
For countries highly dependent on oil, the global price crash had huge potential ramifications – one of which, in Norway, was the development of a thriving technology sector Continue Reading
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Opinion
11 Jun 2019
Why the rise of IT managed by the business is driving creative thinking
Organisations that encourage business units to implement and run their own IT systems have an edge over competitors that rely entirely on the IT department, research from Harvey Nash and KPMG reveals Continue Reading
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E-Zine
11 Jun 2019
Are schools delivering on digital skills?
In this week’s Computer Weekly, we look at the differing approaches to teaching computer science across the UK and assess the pros and cons of each. Our latest buyer’s guide examines the technologies and best practices of multicloud environments. And we find out what you get for your money when buying cyber insurance. Read the issue now. Continue Reading
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News
11 Jun 2019
Most code-signing processes insecure, study shows
The majority of organisations are failing to enforce security for code-signing processes, providing opportunities for cyber criminals, a survey reveals Continue Reading
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News
11 Jun 2019
Implementing Dmarc a top priority for UK
Basic email security should be a top priority for UK firms, followed by reducing third-party web exposure and monitoring data flows leaving the enterprise, a Rapid7 study reveals Continue Reading
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News
10 Jun 2019
TSB makes key appointment in IT restructure
Mark Curran moves from CYBG to head up reorganisation that will see control of TSB’s IT transferred to an internal team from parent company’s tech subsidiary Continue Reading
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News
10 Jun 2019
Large firms look to zero-trust security to reduce cyber risk
In the face of increasing cyber breach risk as organisations move to hybrid multi-cloud IT environments, just over half of large firms in Europe are planning a zero-trust approach to security Continue Reading
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News
07 Jun 2019
CIO interview: John Finch, Refinitiv
Refinitiv CIO John Finch says finding people with the right level of data science skills is his biggest challenge Continue Reading
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News
06 Jun 2019
Firms face targeted bespoke cyber attacks, dark web study reveals
Academic study exposes prolific availability and demand for tailored malware, network access and corporate espionage services, which suggests many firms’ cyber defences are below standard Continue Reading
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News
06 Jun 2019
Half of CFOs frustrated by complex accounting systems
Chief financial officers need to upgrade to easier-to-use accounting systems, but are strapped for time and lack the resources to make the right choices, according to survey Continue Reading
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Blog Post
06 Jun 2019
HSBC drops Connected Money and integrates best features to main mobile banking app
HSBC is taking advantage of fintech to test out features before fully integrating them into the main mobile app Continue Reading
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News
05 Jun 2019
CIO interview: Chris Worle, chief digital officer, Hargreaves Lansdown
Former marketing director is defining the newly created CDO role at the financial services firm, and is starting to appreciate the cultural changes involved in digital transformation Continue Reading
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Blog Post
05 Jun 2019
UK adults are increasingly opening accounts with new banks, finds Zopa research
UK consumers are increasingly opening multiple bank accounts Continue Reading
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News
05 Jun 2019
London could be world cyber risk leader, says ex-Lloyd’s chief
Collaboration across the cyber insurance, technology and security organisations in London could make the capital a leading world centre on these topics, says former Lloyd’s of London boss Continue Reading
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News
05 Jun 2019
Emirates NBD builds bank of future with Amazon Web Services
UAE bank is accessing the latest technology through a close relationship with IT giant Amazon Web Services Continue Reading
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Blog Post
04 Jun 2019
NatWest Video banking service adds fuel to a future without branches
Bank branches are no longer needed for that hum an touch Continue Reading
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Podcast
04 Jun 2019
Podcast: The Computer Weekly Downtime Upload – Episode 18
In this week’s episode of the Computer Weekly Downtime Upload podcast, Brian McKenna, Caroline Donnelly and Clare McDonald weigh up the technology credentials of some of the Conservative Party candidates, find out how Google Cloud is helping the Football Association to achieve its diversity goals, and why Sweden appears to be rowing back on its cashless society plans Continue Reading
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Feature
03 Jun 2019
Sainsbury’s Bank moves data to AWS cloud with Teradata UDA
Bank decided on a fundamental shift to AWS cloud, using Teradata’s Unified Data Architecture, after it was divested from Lloyds in 2013. Here’s how it built from a new ground zero. Continue Reading
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News
03 Jun 2019
Most of today’s enterprise blockchain platforms will need replacing in two years
Most blockchain platforms currently being used in enterprises will have to be replaced in the next couple of years, says Gartner Continue Reading
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News
03 Jun 2019
More than half of UK workforce lacks essential digital skills, says Lloyd’s
In the modern world, digital skills are becoming increasingly important, but a large amount of the UK workforce doesn’t measure up, Lloyd’s has found Continue Reading
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News
30 May 2019
2.3 billion business and consumer data files exposed online
In the year since the GDPR compliance deadline, the number of data files exposed online without adequate protection is up more than 50% due to misconfigured security controls, report reveals Continue Reading
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News
28 May 2019
Swedes need to keep a week’s cash under the bed
The Swedish population is being advised to keep enough cash at home to last a week in case of problems such as online banking crashes Continue Reading
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News
24 May 2019
No real change a year into GDPR, says privacy expert
A year after the GDPR compliance deadline, many organisations still have a lot of work to do to make real changes and shift focus away from fines to business value and gain, says PwC’s GDPR and data protection lead Continue Reading
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E-Zine
23 May 2019
CW Nordics: Nordea links up with IBM to meet fintech challenge
IBM’s €473m managed services contract with Nordea reflects an increasing trend among Nordic banks to outsource more of their IT to help meet the challenge of fintechs. Also read how a shortage of women in the boardroom is a problem in the Nordics but the tech sector points to a more promising future, and find out why the Norwegian government has launched a regulatory sandbox for the fintech sector. Continue Reading
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News
23 May 2019
Police shut down Bestmixer bitcoin laundering service
The Bestmixer cryptocurrency laundering service has been shut down by Dutch anti-fraud police with support from Europol after a tip off by cyber security researchers at McAfee, significantly disrupting cyber criminal money flows Continue Reading
- 22 May 2019
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News
22 May 2019
GoCardless migrates to cloud and gets Google engineering capability
Fintech has moved from an IBM infrastructure as a service to Google’s cloud platform Continue Reading
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News
22 May 2019
Hundreds of European retail banks will disappear as challengers scoop up customers
One in every 10 banks in Europe will no longer exist as digital challengers take customers from them Continue Reading
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Blog Post
22 May 2019
Fintechs should get out of London to open their eyes and grow
Call for fintechs to stop designing products for themselves and look outside the London bubble. Continue Reading
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Opinion
22 May 2019
What the UK can learn from the Nordics when it comes to digital ID
The UK and other countries can learn from the Nordic region when it comes to digital identity Continue Reading
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News
21 May 2019
MoneySupermarket.com orchestrates data pipeline with GKE
The price comparison site has used container orchestration to split its machine learning data pipeline into parallel processes Continue Reading
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News
21 May 2019
UC Expo 2019: Experts talk up future tech in unified communications
Automation and AI are increasingly prevalent in unified comms, but do enterprises really need it? Continue Reading
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21 May 2019
Fintech’s role in reducing world poverty
Kosta Peric swapped a life innovating for banks to work on increasing financial inclusion in the developing world Continue Reading
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E-Zine
21 May 2019
Using fintech to fight poverty
In this week’s Computer Weekly, we talk to the Bill & Melinda Gates Foundation to find out how technology is fighting poverty by increasing financial inclusion. We examine how best to manage the challenges of Microsoft’s new plan for ongoing Windows 10 updates. And we find out how data innovation at Lloyd’s of London is supporting a wider digital modernisation at the 330-year-old insurance market. Read the issue now. Continue Reading
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News
20 May 2019
Lloyds Bank creates 500 IT roles in Scotland
New recruits will support banking group’s digital transformation as it aims to give customers “Google-like experiences” Continue Reading
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News
20 May 2019
Danske Bank launches initiative to help SME customers with cyber security
Danske Bank launches initiative to support the cyber security efforts of its SME customers Continue Reading
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News
17 May 2019
École Hôtelière de Lausanne puts Amelia the robot at its core
When Switzerland-based hospitality school EHL began to automate processes, it was met with staff inertia, but that all changed after its benefits became clear Continue Reading
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News
17 May 2019
Identity custodians needed in digital era
Digital identity systems will fail if they do not take humans into account, warns identity innovator, suggesting that a ‘digital guardian’ could help overcome most of these challenges Continue Reading
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News
17 May 2019
GozNym bust underlines cyber crime threat
A criminal network using GozNym malware has been shut down in an international law enforcement operation, but others are still operating, underlining the need for vigilance, warns a security expert Continue Reading
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News
16 May 2019
Fujitsu sets out to restore trust in technology
Trust in technology, how to recapture it, and how to ensure AI doesn’t overstep its bounds were the big messages on the opening day of Fujitsu Forum in Tokyo Continue Reading
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Blog Post
15 May 2019
Nationwide invests in behavioural AI startup
Nationwide invests in a startup developing AI that can work out how it should change the way it communicates with different people. Continue Reading
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News
15 May 2019
UK pensions trust launches £1.5bn tender for digital services delivery
The National Employment Savings Trust wants its new supplier to build innovations such as data analytics to services provided via digital channels Continue Reading
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News
14 May 2019
Public sector outsourcing spend plummets
Private sector outsourcing dominated spending in the UK during the first quarter of 2019 Continue Reading
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News
14 May 2019
Electronic ID in the Nordics – a model for other countries?
Use of electronic identity schemes in Sweden, Norway, Finland and Denmark is far ahead of other countries – but why? Continue Reading
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Feature
10 May 2019
Debugging bug bounty programmes
Bug bounty programmes have recently become a popular method of vulnerability management, but poor programme management can lead to development teams becoming overwhelmed and bugs being missed Continue Reading
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Blog Post
10 May 2019
Striving to be a good bank at Tandem Bank: Fintech Interview 21
Tandem Bank is using the latest technology to help people manage their finances and half a million have already taken up its offer Continue Reading
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News
10 May 2019
Reducing poverty through fintech at the Bill and Melinda Gates Foundation
Kosta Peric swapped a life innovating for banks to work on increasing financial inclusion in the developing world Continue Reading
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News
10 May 2019
Dutch businesses not yet implementing NIS Directive
Little urgency to comply with the Network and Information Systems Security Act, which seeks to protect the Netherlands’ vital infrastructure and digital services from cyber attack Continue Reading
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Feature
09 May 2019
Interview: Data takes centre stage at Lloyd’s of London
The 330-year-old insurance market is evolving its data efforts as part of a far-reaching modernisation strategy, focusing on artificial intelligence and driving employee data literacy Continue Reading
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News
09 May 2019
Deutsche Börse harnesses Microsoft cloud
German stock exchange signs deal with Microsoft that will not only benefit the exchange, but other organisations in the sector that are considering cloud migration Continue Reading
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Blog Post
09 May 2019
Fintech Tink gets UK expansion rolling with NatWest deal
Swedish fintech Tink gets its UK expansion going with NatWest deal Continue Reading
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Blog Post
08 May 2019
Open banking take-up in the Netherlands less than expected because government promoted GDPR so well
The Dutch government promoted GDPR so much to the public that take up of open banking has been low Continue Reading
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Blog Post
07 May 2019
Azimo safeguards its EU passporting rights with Dutch licence
Azimo makes Dutch office operational with licence and gaurantees itself the right to operate across EU after Brexit Continue Reading
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News
07 May 2019
Swedish government tells citizens to hoard cash in case of cyber attack
Civil Contingencies Agency says cash is needed in case of emergencies such as technology failures and cyber attacks Continue Reading
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News
03 May 2019
Co-operative Bank creates over 100 IT jobs in Manchester
The Co-operative Bank is looking for talent to support its digital strategy and previous banking and IT experience is not a necessity Continue Reading
