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
27 Nov 2018
High Court trial over Horizon computer system completes witness cross-examinations
The High Court trial in which subpostmasters are suing the Post Office has reached an important stage Continue Reading
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News
21 Nov 2018
Interview: Comms sector ripe for disruption as climate change takes hold
Humanity has just 12 years left to keep global warming to a maximum of 1.5⁰C and prevent climate meltdown. Paul Dickinson from the Carbon Disclosure Project discusses how CIOs can help take steps to avert disaster by changing their attitude to business communications Continue Reading
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News
21 Nov 2018
How voice biometrics catches fraudsters
Telephone banking is often seen as the forgotten channel in multi-channel banking, something that fraudsters are now exploiting Continue Reading
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News
19 Nov 2018
CDO interview: Aidan Millar, DNB
Norwegian bank hires chief data officer to lead its data-driven transformation Continue Reading
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News
19 Nov 2018
Standard Life and Aberdeen Asset Management turn to Workday to complete merger
Standard Life Aberdeen, created in August 2017 when two of Scotland’s largest financial services companies merged, is transferring 3,000 former Standard Life staff to Aberdeen Asset Management’s Workday HR system as it integrates the two businesses Continue Reading
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Feature
16 Nov 2018
Securing the SD-WAN: The next network challenge
Every time an enterprise weighs up whether or not to try SD-WAN, security is an essential part of the picture Continue Reading
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News
16 Nov 2018
Russian banks to introduce contactless ATMs
Russian banks have introduced their first contactless ATMs, which customers can link to via smartphones and wearable devices Continue Reading
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News
14 Nov 2018
Challenger bank ready to get its banking licence back
CivilisedBank is reapplying for a banking licence after giving it up to focus on its technology Continue Reading
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News
14 Nov 2018
CIO interview: Barry Libenson, global CIO, Experian
Experian’s global CIO has worked to change the company’s IT set-up from a “free for all”, taking a standardised approach to development, infrastructure and platforms Continue Reading
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Blog Post
14 Nov 2018
CYBG scraps Virgin Money digital bank project
It is not a surprise CYBG is ending Virgin Money's digital bank project following its acquisition of the company because it already has one Continue Reading
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News
13 Nov 2018
Sweden’s central bank to test digital currency
Riksbank e-krona initiative follows government plan for a cashless society by 2030 Continue Reading
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News
13 Nov 2018
5G will unleash digital transformation for UK enterprises
Mobile operator EE is working hand-in-hand with its largest enterprise customers to realise the potential of its future 5G mobile network Continue Reading
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News
08 Nov 2018
GDPR a challenge to AI black boxes
Most artificial intelligence “black boxes” do not comply with EU data protection laws and will have to be re-engineered, warns security researcher and consultant Continue Reading
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E-Zine
08 Nov 2018
CW Benelux: Bikes face scooter challenge in Netherlands
The concept of rental scooters is perfect for the Netherlands, where bicycles are already the most widely used method of transport. Scooter startups see the potential to apply the latest smart technologies to the concept, but regulations could be a barrier. Also in this issue, read how chatbots are taking off with Dutch organisations, with KLM's chatbot a pioneering example, and find out how Dutch bank ING is getting a financial boost from an employee performance management rethink. Continue Reading
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News
07 Nov 2018
Fintechs advised on how to work with big banks
Advice backed by the government for fintechs on how to engage with traditional finance firms is published Continue Reading
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News
07 Nov 2018
Investment fund buys into broadband supplier Hyperoptic
Mubadala Investment Company, the VC arm of the government of Abu Dhabi, is to acquire a minority stake in full-fibre broadband supplier Hyperoptic as the firm brings forward its roll-out Continue Reading
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News
07 Nov 2018
Lloyds Banking Group shaking up its workforce to reflect digital times
Lloyds Banking Group is revamping the roles of thousands of staff as it becomes digital Continue Reading
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News
06 Nov 2018
Automation and CSR are driving reskilling process for UK plc, says Cisco
UK business leaders are planning to make dramatic changes to their organisations between now and 2020, according to a new report from Cisco Continue Reading
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News
06 Nov 2018
NatWest pilots digital bank for SMEs
App-based banking platform offers small enterprises other business tools on top of a current account Continue Reading
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News
06 Nov 2018
Start preparing for post-quantum data protection
Organisations that need to retain sensitive information for long periods of time need to start preparing for the post-quantum era, according to an IBM security architect Continue Reading
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Blog Post
06 Nov 2018
The fintech interview: Part 9 TrueLayer
TrueLayer is at the core of the fintech sector's drive into the open banking space Continue Reading
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E-Zine
06 Nov 2018
Post Office IT system goes on trial
In this week’s Computer Weekly, 10 years after we revealed concerns over the Post Office’s Horizon accounting system, affected subpostmasters finally get their day in court. We look at how businesses are turning to wearable technology to help employees stay healthy. And we analyse the key players and products in the market for object storage. Read the issue now. Continue Reading
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News
05 Nov 2018
Banking sector leading CIAM innovation, say Big Four
Maturity in consumer identity and access management (CIAM) differs from sector to sector, with the banking sector taking the lead in terms of innovation, according to the Big Four accounting firms Continue Reading
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News
05 Nov 2018
Deutsche Bank to create cloud-based digital cheque processing system
German banking giant Deutsche Bank will replace manual and paper-intensive cheque processing methods with an automated system in the cloud Continue Reading
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Blog Post
02 Nov 2018
Fidor Bank to separate from BCPE after short marriage
The integration of digital bank Fidor to BCPE's business fails to materialise Continue Reading
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News
01 Nov 2018
How Bahrain plans to become a regional fintech hub
Bahrain is a small island with big plans for its financial technology industry Continue Reading
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Blog Post
01 Nov 2018
IR35 changes could see banking IT jobs offshored
New rules on how contractors pay tax could tip the big banks towards increasing IT outsourcing Continue Reading
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Blog Post
31 Oct 2018
The fintech interview: Part 8 InvestCloud
InvestCloud is a fintech with a few miles on the clock. It was even around when businesses didn't understand cloud services. Continue Reading
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News
30 Oct 2018
UK government taskforce commits to distributed ledger technologies
Report says distributed ledger technology “has the potential to deliver significant benefits in financial services and other sectors in the future” Continue Reading
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News
30 Oct 2018
Traditional financial services firms face extinction within 12 years
A large number of large banks could disappear within 12 years unless they change business models and economics Continue Reading
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News
26 Oct 2018
DNS attacks cost finance firms millions of pounds a year
Average cost of recovering from a single DNS attack is $924,390 for a large financial services company, survey shows Continue Reading
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Opinion
26 Oct 2018
Security Think Tank: Focus on security before app deployment
What should organisations be doing to address application layer attacks and reduce the likelihood of a breach through this type of attack? Continue Reading
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Feature
25 Oct 2018
Trusted nodes: The next generation in quantum key distribution
QKD is a form of protection against interception by quantum computers, but cost and technical limitations have made the technology impractical. Could trusted nodes make all the difference? Continue Reading
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News
25 Oct 2018
BT picks fintech leader to succeed Gavin Patterson
BT has named Philip Jansen, current co-chief executive of global payments services group Worldpay, as the successor to outgoing chief executive Gavin Patterson Continue Reading
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News
25 Oct 2018
Firms will use AI to automate HR processes within two years
Companies are gearing up to automate HR processes with artificial intelligence and machine learning, while at the same time battling with outdated IT systems Continue Reading
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News
25 Oct 2018
Nordic banks target SME customers with fintech services
Traditional Nordic banks are slimming down workforces as they turn increasingly to technology-based service delivery, and some are linking up with small fintech companies to deliver online products. Continue Reading
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News
24 Oct 2018
Choose security tools wisely to gain upper hand
The cyber threat landscape is continually changing, but staying abreast of attacker and defender innovation can help business leaders gain the upper hand, says KuppingerCole Continue Reading
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Blog Post
24 Oct 2018
The fintech interview: Part 7 ClauseMatch
ClauseMatch is a London based startup that offers to automate the process that banks go through to prove they comply with industry regulations Continue Reading
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News
22 Oct 2018
Centralised identity risky and not web 3.0 friendly, says entrepreneur
User controlled identity is less risky than centralised identity and essential for the next evolution of the web, according to an entrepreneur and evangelist of self-sovereign identity and blockchain technologies Continue Reading
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Blog Post
19 Oct 2018
The fintech interview: Part 6 Rebuilding Society
Rebuilding Society is a Leeds based fintech trying to offer SMEs access to better loans as well as selling its technology to organisations setting up crowdfuning initiatives Continue Reading
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News
19 Oct 2018
Russians using less cash after accelerated use of electronic payments
Russians are increasingly using electronic payments rather than cash, a recent study by Sberbank has found Continue Reading
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News
19 Oct 2018
Chinese insurance giant extends cloud service to other sectors
Ping An is opening up its cloud service to more sectors, including real estate and automotive, in its efforts to become a technology company Continue Reading
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News
18 Oct 2018
Middle East gears up for 5G
The race for 5G is well and truly under way, and the UAE and Saudi Arabia are well positioned to be among the first countries in the world to deliver the benefits of this new telecoms protocol Continue Reading
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News
17 Oct 2018
Contactless payments surpass Chip and PIN in UK shops
Contactless card payments now account for more spending in UK stores than Chip and PIN Continue Reading
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Blog Post
17 Oct 2018
The fintech interview: Part 5 Honcho
How a serial entrepreneur and a former soldier plotted to take on the car insurance price comparison sites Continue Reading
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News
16 Oct 2018
There is more to fintech than meets the eye
Financial technology goes way beyond the flashy apps facing consumers and into the depths of the back office Continue Reading
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News
16 Oct 2018
UK faces 10 cyber attacks a week as hostile states step up hacking, says NCSC
The UK’s National Cyber Security Centre has thwarted more than 1,600 attacks over the past two years – many by hostile nation states Continue Reading
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Blog Post
16 Oct 2018
Will CYBG integrate Virgin to its digital platform and is it curtains for Virgin’s digital bank?
Virgin Money will be the next banking brand to be integrated into the CYBG digital platform Continue Reading
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News
15 Oct 2018
Good data governance is good business
Organisations are failing to understand the importance of getting their data relationship with customers right and seeing the business opportunities that it enables, an industry analyst warns Continue Reading
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News
12 Oct 2018
FS-ISAC awards cyber security scholarships in Europe
Five women have been awarded cyber security scholarships at FS-ISAC’s 2018 EMEA Summit Continue Reading
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News
11 Oct 2018
Robots in the workplace supported by 81% of business chiefs
Robotic process automation continues to be taken up by more organisations – but despite proven benefits, those that already use it are struggling to scale it up Continue Reading
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E-Zine
11 Oct 2018
CW Middle East: Middle East warms to humanoid robots
Countries in the Middle East are warming to humanoid robotics, robotic process automation and artificial intelligence as these technologies become widely accepted globally. Also in this issue, read why Saudi Arabia has called on London’s fintechs to set up in the country with the promise of government support, and find out how the Gulf Warehousing Company has introduced cloud-based technology to replace paper processes used by its HR department. Continue Reading
- 10 Oct 2018
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News
10 Oct 2018
Huawei Connect 2018: Huawei tackles barriers to effective AI
At its annual customer and technology event, Huawei chairman Eric Xu set out 10 key challenges facing AI, and revealed how the networking supplier’s strategy will help to address these Continue Reading
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News
09 Oct 2018
Blockchain adoption hotting up in Australia
The emerging technology is being tested in several industries in a country aspiring to be a global leader in blockchain development Continue Reading
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News
09 Oct 2018
Tech takes centre stage in CBI’s pre-Budget wish list
Industry calls on government to set the tone for a tech-friendly business environment after the UK leaves the EU Continue Reading
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Blog Post
09 Oct 2018
IT professionals losing faith in direction IT is going at banks
Banking IT professional speaks out against worrying software development methods used in the UK Continue Reading
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News
05 Oct 2018
EE switches on 5G test network at Canary Wharf
MNO explores high-capacity zone testing for its 5G network roll-out, with the first phase expected to target hotspots such as London’s Canary Wharf Continue Reading
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News
05 Oct 2018
GDPR case work swamps Denmark’s data protection agency
The agency investigating alleged breaches of GDPR in Denmark is recruiting additional resources to cope with the increase in work Continue Reading
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News
04 Oct 2018
Business email compromise made easy for cyber criminals
Poor security practices and access to hacking services are making it easy for cyber criminals to compromise business email, research reveals Continue Reading
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Blog Post
03 Oct 2018
Why do UK banks suffer more software failures than those in other countries?
Why do UK banks suffer more outages than banks in other countries? Continue Reading
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News
03 Oct 2018
Rise in data-stealing Betabot malware
Researchers are warning about an increase in Betabot malware after detecting multiple infections in recent weeks, underlining the importance of software patching Continue Reading
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News
02 Oct 2018
How Bank of England is using Splunk for proactive security
Head of the Bank of England’s security operations centre talks about how Splunk is helping it to take a more proactive approach to preventing cyber attacks Continue Reading
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News
02 Oct 2018
Filling the blockchain chasm
Blockchain as a term is becoming common language, but there is a long way to go before it will mean anything to the performance of most organisations Continue Reading
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News
01 Oct 2018
UK will unilaterally tax web giants, says Hammond
Chancellor threatens to go it alone on tax reform for digital services businesses if an international agreement cannot be reached Continue Reading
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News
01 Oct 2018
UK firms’ password security score ‘average’
While businesses are making strides in strengthening password security, there is more work to be done, with the UK password score lagging behind the frontrunners, a survey shows Continue Reading
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News
01 Oct 2018
Tesco Bank gets first cyber-related FCA fine
UK’s financial watchdog issues its first cyber-related fine to Tesco Bank in connection with a multimillion-pound cyber fraud in 2016 Continue Reading
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News
28 Sep 2018
No let-up in digital banking glitches as TSB and HSBC customers are hit on payday
Online and mobile app banking outages continue to increase in regularity as TSB and HSBC customers report problems Continue Reading
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Blog Post
28 Sep 2018
The fintech interview: Part 2 CreditLadder
CreditLadder is helping renters build up their credit scores and helping the rental industry get good renters Continue Reading
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News
27 Sep 2018
CIO interview: Fraser Ingram, Clydesdale and Yorkshire Bank
Fraser Ingram joined the Clydesdale and Yorkshire banking group as CIO just at the right time – as it was embarking on its digital journey Continue Reading
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Feature
27 Sep 2018
Prepare now for quantum computers, QKD and post-quantum encryption
The predicted processing power of quantum computers is likely to make existing encryption algorithms obsolete. Quantum key distribution (QKD) is a possible solution - we investigate whether QKD is viable Continue Reading
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News
26 Sep 2018
Indian IT giant TCS sees IBM and Accenture as nearest rivals
Rapidly-growing Tata Consultancy Services has its eyes on the US IT giants, with customer service key if it is to overtake them Continue Reading
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News
26 Sep 2018
Financial services firms face potential security bombshell
UK financial services are facing a security crisis over outdated services and applications, a survey shows Continue Reading
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News
26 Sep 2018
Australia’s ANZ banks on Google Cloud
The Australia and New Zealand Banking Group has signed up for the Google Cloud Platform to help its bankers deliver data insights to institutional customers Continue Reading
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Feature
26 Sep 2018
Intelligent automation and the WAN: Is SD-WAN moving mainstream?
Take-up of software-defined networking in corporates is slower than expected. Where have we reached on the journey to software-controlled networks – and SD-WAN in particular – becoming the norm? Continue Reading
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News
25 Sep 2018
PCI DSS compliance falls despite security benefit
Despite the benefits of the payment card industry security standard, there is a concerning downward trend in compliance, a report reveals Continue Reading
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News
24 Sep 2018
InfoWatch opens training centre to help address Middle East skills shortage
Security supplier offers Middle East customers cyber security and digital training facility as organisations in the region struggle to equip staff with latest skills Continue Reading
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News
21 Sep 2018
Businesses that take humans with them on robotics journeys gain the most
Businesses that put human development at the centre of their automation strategies will profit the most Continue Reading
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News
21 Sep 2018
RBS, Barclays and NatWest customers suffer more mobile banking outages
Banks apologise for problems that have affected mobile and internet banking services Continue Reading
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Blog Post
20 Sep 2018
A battle between big tech firms and banks can only help fintechs
If banks and big tech firms go head to head for customers fintechs will benefit because the banks need them if they are to have any chance of winning the customer satisfaction battle Continue Reading
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Feature
19 Sep 2018
What are the current SD-WAN options for enterprises?
Software-defined wide area networking is well on its way to being a multi-billion dollar market. We assess the current state of the market and look at some of the options for enterprise CIOs and network managers Continue Reading
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Feature
19 Sep 2018
Employers turn to wearable technology to help staff manage work-life balance
Companies are realising that there are sound business reasons for ensuring their employees get enough sleep and exercise, so they are turning to wearable technology to help their staff stay healthy, despite the pressures of work Continue Reading
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News
19 Sep 2018
Santander plans UK tech hub in Milton Keynes
Santander is opening a UK tech hub in Milton Keynes that will have 5,000 staff Continue Reading
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Blog Post
18 Sep 2018
What does a fintech do when the most experienced coders don’t want to code?
What do you do when the coders you want would rather manage than code? Continue Reading
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E-Zine
18 Sep 2018
The importance of smartphone sustainability
In this week’s Computer Weekly, we examine the considerable environmental footprint of the mobile phone industry and ask what can be done to further the circular economy. We find out how disaster recovery as a service (DRaaS) is being used and when it’s an option for businesses. And we look at some of the UK’s emerging fintech success stories. Read the issue now. Continue Reading
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News
17 Sep 2018
Danske Bank invests in anti-money laundering systems following Estonian problems
Danske bank improves its anti money laundering software, utilising artificial intelligence and machine learning Continue Reading
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News
17 Sep 2018
Nationwide Building Society adds over a billion pounds to IT spend
Nationwide is increasing the budget for its latest multi-year IT project Continue Reading
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News
14 Sep 2018
CIO interview: Amir Nooriala, chief operating officer, OakNorth
The challenger bank’s COO on wanting to be fully cloud hosted, going through a huge cloud migration and being able to rebuild its core banking platform in five hours Continue Reading
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Opinion
14 Sep 2018
Security Think Tank: Supplement security with an MSSP to raise the bar
What is the most practical and cost-effective way for organisations to identify and remediate high-risk software vulnerabilities? Continue Reading
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News
13 Sep 2018
GCHQ mass surveillance regime was in breach of human rights law, European court rules
The European Court of Human Rights in Strasbourg has ruled that the UK’s collection of bulk interception of communications data lacked adequate oversight and safeguards and was in breach of human rights law Continue Reading
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Blog Post
13 Sep 2018
Fintechs: what do you want the UK’s immigration policy to look like after Brexit
Today IT trade group techUK announced some of the things it wants the UK post-brexit immigration policy to include. Just yesterday I was talking to the fintech lead at Tech Nation about this very ... Continue Reading
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News
13 Sep 2018
Tech Nation startup programme demonstrates richness of UK fintech
A Tech Nation programme to support the UK's financial technology startups demonstrates the increasingly diverse range of business-to-business products and services available through the country's fintech community Continue Reading
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News
12 Sep 2018
FCA warns it cannot manage financial crime risks without sharing data with EU
FCA admits it will be unable to manage financial crime effectively if it cannot share data with EU authorities. Continue Reading
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Blog Post
11 Sep 2018
Fintech firms pay top executives top dollar
Interesting article on Finextra about the pay packages of top fintech executives. According to research from Morlands Human Capital, cited by Finextra, the average package of a CEO at a fintech ... Continue Reading
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News
07 Sep 2018
RBS announces branch closures as part of cancelled project to create challenger bank
The Royal Bank of Scotland has announced more branch closures and job losses as digital transformation continues to transform the sector Continue Reading
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News
07 Sep 2018
North Korean programmer charged for WannaCry attacks
The US has charged a member of a group of North Korean hackers linked to the WannaCry, Sony Pictures and other cyber attacks around the world Continue Reading
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Blog Post
07 Sep 2018
If Virgin Money combines with Clydesdale and Yorkshire its digital bank project could be canned
Virgin Mooney will probably scrap its plan to build a digital bank if it merges with Clydesdale and Yorkshire banks, because the latter already has an established bank. Continue Reading
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News
05 Sep 2018
The fintech startups to watch in the UK
Tech Nation’s choice of fintech companies to back reflects the changes expected to hit financial services IT Continue Reading
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News
04 Sep 2018
Element AI teams up with AI Singapore
The Canadian upstart is co-developing AI applications for local industries as part of its efforts to build new research capabilities via local talent pools Continue Reading
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News
04 Sep 2018
Britons concerned over security of contactless payments, research finds
Despite the popularity of contactless payments ahead of cash, Britons are worried about the security of tap and go Continue Reading
