News

IT for financial services

• March 09, 2026 09 Mar'26

  DBS rewires operating models for AI reasoning era

  The bank expects AI tools to evolve from being a copilot to an autopilot as it undergoes organisational transformation to prepare its workforce for agentic AI

• March 06, 2026 06 Mar'26

  Lloyds Bank to sell more customer data and cut costs by 35%

  High street giant will increase proportion of total staff that work in technology and data

• March 06, 2026 06 Mar'26

  Nordics ally with Baltics to accelerate digital wallet roll-out

  Baltic and Nordic countries work together on a common certification system to support digital wallet applications

• March 05, 2026 05 Mar'26

  Sweden recommends citizens keep £81 in cash per adult in case of payment system crash

  The central bank of Sweden says rapid digitisation could cause vulnerabilities in payment systems

• March 05, 2026 05 Mar'26

  Spyware suppliers exploit more zero-days than nation states

  Exploitation of zero-days by commercial surveillance and spyware developers outpaced exploitation by nation-state actors last year, according to a report

• March 04, 2026 04 Mar'26

  Iranian hacktivists muster their forces but state APTs lay low

  Hacktivist activity surrounding the Iran war is sky-high but Iran’s state-backed cyber espionage actors have yet to show their hands, giving security teams a valuable window of time to shore up their defences

• March 04, 2026 04 Mar'26

  Zero-day in Android phone chips under active attack

  Google and Qualcomm have tag-teamed a serious vulnerability in the chipsets used in Android mobile devices, which has been exploited in the wild as a zero-day

• March 04, 2026 04 Mar'26

  Tycoon2FA phishing platform dismantled in major operation

  A Europol-led sting against the infamous Tycoon2FA MFA bypass phishing service has been successful, with operations disrupted and ringleaders and cyber criminal users identified

• March 03, 2026 03 Mar'26

  Santander and Mastercard complete test of AI-initiated payment

  Bank and payments giant complete first payment initiated by artificial intelligence in a controlled environment

• March 03, 2026 03 Mar'26

  NCSC: No increase in cyber threat from Iran, but be prepared

  While cyber threat levels remain stable following the outbreak of war in the Middle East at the weekend, at-risk organisations in the UK should take steps to ward off potential reprisals from Iran-linked threat actors

• March 03, 2026 03 Mar'26

  NS&I seeks Bank of England counsel over project disaster

  The Bank of England’s successful IT transformation, praised by the National Audit Office, is being used as a model for government departments, including NS&I, which faces a failing IT project

• February 27, 2026 27 Feb'26

  UK has laid track for open banking, but failed to run trains

  The UK risks losing its fintech leadership, with open banking progress slow, as countries such as the UAE and India advance rapidly

• February 26, 2026 26 Feb'26

  Qilin crew continues to dominate ransomware ecosystem

  The Qilin ransomware gang remained ‘top dog’ in January 2026, with over 100 observed cyber attacks to its name, amid a rapidly evolving and fragmenting cyber criminal ecosystem

• February 26, 2026 26 Feb'26

  Santander pins €1bn business value gain on AI

  Bank said artificial intelligence will be fully embedded into the business, personalising customer experiences

• February 25, 2026 25 Feb'26

  Application exploitation back in vogue, says IBM cyber unit

  IBM’s X-Force unit observes an uptick in the exploitation of vulnerable public-facing software applications

• February 25, 2026 25 Feb'26

  Institutionalised AI puts Visa top of ranking

  The payment card services giant leads the way in applying artificial intelligence in its sector, according to research

• February 24, 2026 24 Feb'26

  Aviva prepares for life after CIO retirement with early announcement

  Aviva has named the replacement for its outgoing technology chief, with former BT IT executive joining in the summer

• February 24, 2026 24 Feb'26

  Starling expands internationally as demand for banking as a service continues to rise

  UK challenger bank has expanded its banking-as-a-service business with entry into New Zealand

• February 23, 2026 23 Feb'26

  €126bn in Dutch tech projects blocked by permits and grid limits

  Ex-ASML chief Peter Wennink’s deregulation solution triggers warnings from academics and government advisors

• February 19, 2026 19 Feb'26

  Bank of Ireland UK fined for late security system implementation

  The payments regulator has fined the bank nearly £4m after it missed a deadline to implement a system to check payees

• February 19, 2026 19 Feb'26

  Minister wants ‘logical conclusion’ to review of digital evidence in light of Post Office scandal

  House of Lords debate saw government minister make an ambiguous promise in regard to the treatment of computer evidence in court

• February 18, 2026 18 Feb'26

  Flaws in Google and Microsoft products added to Cisa catalogue

  Cisa has added six CVEs to its Kev catalogue this week, including newly disclosed issues in Google Chromium and Dell RecoverPoint for Virtual Machines, and some older flaws as well

• February 18, 2026 18 Feb'26

  0APT ransomware crew makes embarrassing splash

  A ransomware gang called 0APT has attracted attention, but many of its victims may not even be real, and its operators are being accused of over-egging their criminal pudding

• February 17, 2026 17 Feb'26

  Artificial intelligence ‘creeping into’ high-risk stock trading

  Growing reliance on artificial intelligence is encroaching into the stock market, finds research

• February 17, 2026 17 Feb'26

  Banks to discuss UK alternative to Visa and Mastercard

  Banks prepare to discuss a new payments infrastructure that would remove heavy reliance on US firms

• February 16, 2026 16 Feb'26

  NatWest hails progress after £1.2bn spent on tech last year, but true AI transformation to come

  NatWest Bank describes the past 12 months of its tech transformation as ‘the year of [AI] deployment at scale’

• February 12, 2026 12 Feb'26

  Government bank digital project a ‘full-spectrum disaster’ exposing taxpayers to risk

  National Savings and Investments is unable to tell Public Accounts Committee the cost of its modernisation programme

• February 12, 2026 12 Feb'26

  UK fintech investment slumped in 2025

  Investment in the UK fintech sector fell to its lowest level since 2020, but it is still the European destination attracting the most money

• February 11, 2026 11 Feb'26

  CVE volumes may plausibly reach 100,000 this year

  The number of vulnerabilities to be disclosed in 2026 is almost certain to exceed last year's total, and may be heading towards 100,000, according to analysis

• February 10, 2026 10 Feb'26

  February Patch Tuesday: Microsoft drops six zero-days

  Microsoft releases patches for six zero-day flaws in its latest monthly update, many of them related to security feature bypass issues

• February 10, 2026 10 Feb'26

  Researchers delve inside new SolarWinds RCE attack chain

  Researchers at Huntress and Microsoft have shared findings from their analysis of a new SolarWinds Web Help Desk vulnerability

• February 10, 2026 10 Feb'26

  Is the EU’s free trade deal with India the dawn of a new era?

  Trade deal between European Union and India simplifies the visa system for professionals from India, which could make the country’s suppliers more accessible

• February 10, 2026 10 Feb'26

  Artificial intelligence now finance sector’s ‘connective tissue’

  Major study finds debate over AI adoption is over as almost every finance firm in the world is already using the technology

• February 06, 2026 06 Feb'26

  Australia’s CommBank partners business school to research artificial intelligence

  CommBank wants to better understand how its customers perceive, use and trust artificial intelligence, as the technology is set to reach every corner of the finance sector

• February 04, 2026 04 Feb'26

  SolarWinds RCE bug makes Cisa list as exploitation spreads

  Exploitation of CVE-2025-40551, an RCE flaw affecting SolarWinds Web Help Desk, appears to be spreading, with defenders on high alert

• February 04, 2026 04 Feb'26

  Banks reduce reliance on OpenAI as strategies mature

  Banks are increasingly using alternative AI providers as Anthropic and Google eat into OpenAI’s dominance

• February 03, 2026 03 Feb'26

  Ransomware gangs focus on winning hearts and minds

  Ransomware-as-a-service operations are increasingly seeking to forge connections with employees, contractors and trusted partners of their target organisations as an alternative to straight-up hacking, says NCC

• February 03, 2026 03 Feb'26

  Banks on the hook for £173m in APP fraud reimbursement

  Banks paid 88% losses claimed by customers that fell victim to authorised push payment fraud last year

• January 30, 2026 30 Jan'26

  Ex-directors of firm linked to Satoshi Nakamoto imposter sue over whistleblowing retaliation claims

  Two former directors of London tech company nChain, associated with a computer scientist who falsely claimed to be bitcoin inventor Satoshi Nakamoto, have told an employment tribunal they were dismissed in retaliation for whistleblowing

• January 29, 2026 29 Jan'26

  Security now one of the UK’s fastest-growing career paths

  The number of people working in the cyber security field has almost trebled in the 2020s, with one cyber professional for every 68 businesses in the UK

• January 28, 2026 28 Jan'26

  FCA launches review as ‘non-human intelligence’ surpassing human reasoning is plausible

  The Financial Conduct Authority will consider the impact of emerging artificial intelligence adoption in the financial services sector

• January 28, 2026 28 Jan'26

  Nationwide expands Amazon Web Services partnership to delve deeper into AI

  Nationwide will have access to artificial intelligence-powered tools to help staff in their everyday interactions with its members

• January 27, 2026 27 Jan'26

  Wave of ShinyHunters vishing attacks spreading fast

  The ShinyHunters hacking collective that caused chaos in 2025 is ramping up a new voice phishing campaign, with several potential victims already identified

• January 27, 2026 27 Jan'26

  Broken decryptor leaves Sicarii ransomware victims adrift

  A coding error in an emergent strain of ransomware leaves victims unable to recover their data, even if they cooperate with the hackers’ demands

• January 22, 2026 22 Jan'26

  Macquarie Bank rolls out AI agent to personalise customer support

  Australian bank launches a 24/7 intelligent assistant capable of asynchronous human hand-off, joining the country’s major financial institutions in the race to deploy AI-powered services

• January 22, 2026 22 Jan'26

  JPMorgan CEO urges slowdown of AI roll-out to ‘save society’

  The rapid proliferation of artificial intelligence will prompt ‘civil unrest’ if governments and companies fail to protect workers from its displacing effects, says JPMorgan boss

• January 21, 2026 21 Jan'26

  Interview: Barry Panayi, group chief data officer, Howden

  The fast-growing insurance firm wants data insights and artificial intelligence to give customer-facing employees all the information they need at their fingertips through data-powered conversational interfaces

• January 21, 2026 21 Jan'26

  UK government appoints banking tech bosses as AI champions

  Appointment of artificial intelligence champions from banking sector comes as MPs make stern warning about AI risks in financial services

• January 21, 2026 21 Jan'26

  AI slop pushes data governance towards zero-trust models

  Organisations are implementing zero-trust models for data governance thanks to the proliferation of poor quality AI-generated data, often known as AI slop

• January 20, 2026 20 Jan'26

  NatWest Boxed tech team drives business on embedded finance wave

  NatWest Boxed tech team doubles up as the force behind NatWest’s challenger bank, as well as its white-label banking service