News
Financial applications
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July 06, 2018
06
Jul'18
Investment flows into Nordic startups from all directions
The Nordic tech startup scene is attracting funding from a variety of sources, with private equity firms, banks and traditional IT companies all keen to put money in
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July 02, 2018
02
Jul'18
Case study: Logistics firm GWC moves from paper to digital HR in three months
Qatar-based logistics firm Gulf Warehousing Company introduced smart appraisals for employees, cut the time it takes to recruit, and gave staff and managers access to accurate HR data by replacing paper systems with human resources software
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July 02, 2018
02
Jul'18
Oracle decides on Brussels for European fintech innovation centre
Software giant Oracle chooses Brussels as the centre of its European financial technology innovation programme
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June 27, 2018
27
Jun'18
Nationwide Building Society to fund tech startups to the tune of £50m
With an available fund of £50m, Nationwide Building Society is the latest traditional financial services provider to support tech startups
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June 22, 2018
22
Jun'18
IBM early findings on disastrous TSB core banking system migration released
Report released by Treasury Committee criticises lack of rigour in preparation for core banking system migration, but TSB says report’s content is out of date
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June 19, 2018
19
Jun'18
Young generation tempted by Amazon bank-like services
Tech firms offering banking services will be inevitable in the future as more than half of young people are tempted by such a prospect
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June 06, 2018
06
Jun'18
Sapphire 2018: SAP will take over CRM market, says McDermott
SAP’s chief executive Bill McDermott tells 2018 Sapphire conference the supplier will storm the CRM market with its C/4 Hana business applications suite
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June 04, 2018
04
Jun'18
Subpostmasters told to expect decision on alleged unfair prosecutions in August
The Criminal Courts Review Commission is expected to announce the findings of an investigation into alleged unfair subpostmaster prosecutions in August
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June 01, 2018
01
Jun'18
Visa card payments system goes down across the UK and Ireland
Millions of businesses across the UK and Ireland are unable to accept VIsa card payments because of a "service disruption"
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May 23, 2018
23
May'18
Singapore to adopt European e-invoicing standard
The city-state is the first country outside Europe to embrace the Peppol e-invoicing standard to speed up business transactions and lower operating costs for SMEs
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May 22, 2018
22
May'18
A third of people would buy insurance from Google or Amazon
Consumers are increasingly likely to buy insurance from tech giants as the insurtech industry hits the mainstream
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May 17, 2018
17
May'18
Case study: British Airways’ global B2B sales gathered under Salesforce cloud
British Airways has gathered its international business-to-business sales under Salesforce Sales Cloud to bust silos
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May 16, 2018
16
May'18
Nordic banks plan major digital transformation of operations
Banks in the Nordic region are set to accelerate their spending on technology as digital services take-up accelerates
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May 15, 2018
15
May'18
TSB refused help from Lloyds as IT meltdown began
TSB turned down an offer of help from Lloyds Banking Group as the migration of customers accounts to its new banking system went wrong
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May 15, 2018
15
May'18
Santander latest traditional player to open digital bank
Santander is the latest traditional bank to follow an industry trend and develop a digital banking unit
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May 14, 2018
14
May'18
HSBC blockchain trial proves trade finance utility model
HSBC and ING used blockchain to successfully complete a real-world trade financing transaction as part of a pilot
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May 11, 2018
11
May'18
Virgin Trains on using AI and virtual reality to boost customer experience
Speaking at the Knowledge 18 ServiceNow conference in Las Vegas, Virgin Trains outlined the potential role immersive and data-driven technologies can play in improving customer experience
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May 09, 2018
09
May'18
NatWest fintech investments bear fruit as SME loans platform goes live
Online lending platform enables small businesses to apply for loans of up to £150,000 in 10 minutes
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May 09, 2018
09
May'18
HSBC launches open banking app
In line with open banking regulation, HSBC has launched an app that enables users to see accounts from 21 different banks in one place
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May 08, 2018
08
May'18
TSB offers interest rate sweetener as IT issues continue at the bank
TSB is offering customers higher interest rate to go towards making up for the problems its core banking system migration caused customers
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May 02, 2018
02
May'18
Workday to continue investing heavily in APAC
Cloud applications supplier has increased its investments in the region by more than 50% in the past year, and is looking to maintain its double-digit growth in international markets
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April 26, 2018
26
Apr'18
British banks target Israeli security technology
British banks are turning to Israel’s high-tech sector to protect against cyber attacks
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April 26, 2018
26
Apr'18
TSB banking service tech problems continue
TSB customers are still experiencing problems using online and mobile banking services after almost a week of disruption
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April 25, 2018
25
Apr'18
TSB IT meltdown has the makings of an epic
TSB’s very public IT problems will send shivers down the spine of IT teams at large banks that are yet to migrate to new core banking systems
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April 24, 2018
24
Apr'18
Criminal Courts Review Commission findings in Post Office computer case raise further enquiries
The Criminal Courts Review Commission forensic examination of the IT system at the centre of a legal case against the Post Office has raised further questions
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April 24, 2018
24
Apr'18
SAP Q1 2018: Cloud revenue breaks €1bn, 400 more S/4 customers
SAP’s overall first-quarter revenue was flat, but cloud revenue and profitability were up, while its S/4 Hana customer base stands at 8,300
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April 23, 2018
23
Apr'18
The dawn of open banking in Australia
Financial services firms will need to embrace DevOps and modernise their IT infrastructure to compete with more nimble fintech companies in an open banking regime
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April 17, 2018
17
Apr'18
Artificial intelligence will help Metro Bank customers manage their money
Service will use AI and predictive analytics to provide personalised prompts to help customers control their spending
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April 17, 2018
17
Apr'18
Norway’s tax administration combats economic crime through IT
Authority has updated its IT system to step up the fight against tax evasion
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April 16, 2018
16
Apr'18
Santander uses Ripple technology to offer international payments
Santander has launched an international fund transfer service for retail customers in the UK about two years after it started testing the blockchain-based application
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April 10, 2018
10
Apr'18
PayPal is latest tech giant to eye traditional banking
PayPal set to launch launch traditional retail banking services in the first half of this year
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April 09, 2018
09
Apr'18
HSBC adopts fintech to fight money laundering
HSBC is using technology from a fintech startup to help it monitor transactions for potential money laundering
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April 09, 2018
09
Apr'18
Dubai's gamble on bitcoin property sales
Dubai is pioneering the use of bitcoin in the real world, with the property sector leading the way
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April 06, 2018
06
Apr'18
UK challenger bank gives up banking licence to focus on fintech
CivilisedBank plans to serve small and medium-sized enterprises with savings and investment products
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April 05, 2018
05
Apr'18
Deutsche Bank system replacement already paying back
Deutsche bank is replacing a complex IT infrastructure that helps its traders operate and automates regulatory compliance processes
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March 22, 2018
22
Mar'18
Colt pioneers blockchain in telco voice wholesaling
Colt Technology Services and Hong Kong Telecom’s international unit PCCW Global teamed up to trial the use of blockchain in wholesale voice settlements
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March 22, 2018
22
Mar'18
Fintechs weigh up their partnership options
Fintechs need to consider what type of companies they should work with to make the most of open banking regulations
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March 22, 2018
22
Mar'18
What would coders do in ethical grey areas?
Software developers are writing code that affects the lives of millions of people and how businesses are run, but what do coders think about some of the ethical questions they face?
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March 21, 2018
21
Mar'18
RBS said to be setting up its own digital bank
Royal Bank of Scotland is reportedly setting up a standalone digital bank to take advantage of changing customer habits
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March 19, 2018
19
Mar'18
First Direct enables customers to pay by Siri
Customers of online bank First Direct can now use voice commands to transfer money through Apple’s digital assistant
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March 14, 2018
14
Mar'18
Most people think cryptocurrency will be accepted on buses by 2025
Cryptocurrency is a mystery to many people, yet 55% of respondents to a survey expect shops and buses to accept digital money in seven years’ time
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March 09, 2018
09
Mar'18
Amazon bank could have 70 million customers in five years
Amazon could have more banking customers in the US than the UK has citizens within five years
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March 08, 2018
08
Mar'18
EC reveals plan to make Europe global fintech hub
The European Commission has unveiled proposals to boost the EU’s financial technology sector
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March 07, 2018
07
Mar'18
World Economic Forum creates fintech focus group for cyber security
WEF consortium of companies will focus on protecting financial technology firms from cyber threats
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March 05, 2018
05
Mar'18
How to improve SAP ROI with smart licensing
A recent study suggested most SAP projects have a 50% chance of failure. The risk of having incorrect SAP licensing could be far higher
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March 01, 2018
01
Mar'18
Are mobile wallets about to make contactless cards look outdated?
Mobile wallets look set to take root as consumers increasingly use their mobile phones to pay for goods and services
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February 28, 2018
28
Feb'18
Virgin Money launches digital bank
Virgin Money is setting up a digital bank to expand into the current account and SME business account markets
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February 26, 2018
26
Feb'18
NatWest opens four UK fintech hubs
NatWest has expanded its financial technology support programme at a time when entrepreneurs are more apprehensive than ever
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February 23, 2018
23
Feb'18
RBS’s first profit in a decade accompanied by major first for mobile channel
News of its first profit in 10 years might overshadow a major first for the Royal Bank of Scotland’s mobile channel
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February 21, 2018
21
Feb'18
Lloyds Bank announces three-year digital transformation
Lloyds Bank has announced plans to transform how it serves customers through substantial digital investment