News

Blockchain

November 14, 2017 14 Nov'17
Dubai Road and Transport Authority pilots artificial intelligence to measure customer happiness

Initiative is part of the UAE’s strategy to make Dubai the smartest and happiest city in the world
November 08, 2017 08 Nov'17
Dubai Electricity and Water Authority continues smart transformation and tests blockchain

Utility organisation is harnessing the latest technologies, including artificial intelligence and blockchain
November 06, 2017 06 Nov'17
DXC to launch digital transformation centres in Australia

Located in Melbourne and Canberra, the two centres will help Australian organisations build digital capabilities when ready in 2018
November 02, 2017 02 Nov'17
Middle East blockchain forum moves to accelerate adoption of the distributed ledger technology

Blockchain technology is becoming more widely used by financial services companies in the Middle East, and is finding its way into other sectors in the region

October 31, 2017 31 Oct'17
SAP opens Leonardo Centre in India

New facility in Bangalore will showcase the software giant’s Leonardo portfolio of machine learning, analytics and blockchain capabilities to organisations in the Asia-Pacific region
October 27, 2017 27 Oct'17
Nordea lays off 6,000, citing digital transformation as the driver

Nordea is cutting staff as a result of its ongoing digital transformation, which means it needs less people
October 20, 2017 20 Oct'17
Two-thirds of businesses do not have skills to adopt AI

Despite the growth of artificial intelligence (AI), only a third of businesses say they have the necessary skills to adopt the technology
October 19, 2017 19 Oct'17
SAP Q3 2017 results show steady growth in cloud revenue to €937m

SAP’s third quarter 2017 results show steady growth in cloud revenue, S/4 Hana adoption, and some uptake for its “digital transformation” spearhead SAP Leonardo
October 17, 2017 17 Oct'17
Government gives ODI £6m to improve data knowledge

The Open Data Institute has been awarded £6m in funding from InnovateUK for a series of projects aiming to improve the UK’s data expertise
October 13, 2017 13 Oct'17
WEF gets to grips with risks posed by transformative technologies

World Economic Forum is bringing technology, insurance and government sectors together to better understand the risks posed by technology failures

October 09, 2017 09 Oct'17
UAE’s Mashreq launches digital-only bank

The UAE’s oldest bank has launched a digital-only offering, designed to appeal to the tech-savvy generation
October 04, 2017 04 Oct'17
Global IT spending to hit $3.7tn next year, says Gartner

IT spending is taking on a different shape as organisations embark on, and accelerate, digital transformation projects
October 04, 2017 04 Oct'17
Russia’s state-owned bank backs blockchain

Vneshekonombank puts its weight behind blockchain technology as the country’s public sector looks on
September 29, 2017 29 Sep'17
Sweden investigates introducing its own e-currency

Nordic country’s central bank is planning for a future e-currency as cash becomes less relevant
September 25, 2017 25 Sep'17
Middle East banker urges region's banks to prepare for robotic automation

Middle East banker will use Gitex stage to encourage banks to automate processes
September 25, 2017 25 Sep'17
Two-thirds of UK businesses have adopted fintech

Most UK businesses are using financial technology products and services in some way, with cost savings being the main attraction
September 20, 2017 20 Sep'17
Blockchain tests delivering results and IBM seen as leader

Businesses that have invested in trials of blockchain technology will repeat their investments
September 18, 2017 18 Sep'17
Interview: Technology startups gaining momentum in the UAE

The Middle East and the UAE in particular is setting up as a centre for startups
September 17, 2017 17 Sep'17
AI poses no threat to IT careers

A SolarWinds survey reveals that IT professionals are more concerned with cyber security than losing their jobs to artificial intelligence
September 15, 2017 15 Sep'17
Banks across Europe cut thousands of staff and branches as IT replaces them

Banks across Europe cut jobs and close thousands of branches as IT shakes the industry
September 15, 2017 15 Sep'17
HMRC builds blockchain proof of concept for UK border

HMRC‘s Mike Potter says department has built blockchain proof of concept to coordinate interventions at the border, and highlights the need for an ‘API economy’ in Whitehall
September 14, 2017 14 Sep'17
Trust could be last hurdle for insurtech dominance

Insurance startups that use the latest IT are gaining customers but still face challenges around trust, security and consumer awareness
September 13, 2017 13 Sep'17
Philip Hammond: AI will stoke productivity in government

Philip Hammond, chancellor of the exchequer, told a House of Lords select committee that artificial intelligence could stoke government productivity in areas of “low-level decision making”
September 13, 2017 13 Sep'17
CIO interview: Karl Hoods, CIO, Save the Children UK

The charity’s CIO is looking at the potential of blockchain technologies and establishing an internal digital academy to drive its digital transformation strategy
September 08, 2017 08 Sep'17
Half of UK fintech firms confident in growth but have doubts over skills

UK fintech companies are confident that revenues will double over the next year, but have concerns over talent and customer take up of services
September 01, 2017 01 Sep'17
European investors back cloud, IoT and big data for insurance sector

Investors are putting their money behind suppliers of technology to the European insurance sector
August 22, 2017 22 Aug'17
Blockchain could reduce deaths and illness resulting from food contamination

Some of the biggest companies in the food supply sector are working with IBM to find ways to use blockchain technology to improve food safety
August 22, 2017 22 Aug'17
Blockchain skills in high demand and jobs being swept up quickly

Job vacancies for people with blockchain skills are being filled in just seven days, on average, once they are advertised online
July 19, 2017 19 Jul'17
London Stock Exchange uses IBM blockchain technology

The London Stock Exchange is testing out IBM's blockchain technology in a platform to help SME operations become more transparent
July 19, 2017 19 Jul'17
US bipartisan alliance to defend elections from cyber attack

Former Democrat and Republican campaign managers are joining forces with security experts to defend US elections from cyber attack
July 13, 2017 13 Jul'17
Encryption keys too predictable, warn security researchers

Encryption keys are not as random as most people think, which means encrypting data is often not as secure as it could be, according to security researchers
July 13, 2017 13 Jul'17
Figures suggest blockchain is a 'no brainer' in financial services

Blockchain has quickly established itself in financial services businesses, with companies in other industries likely to see a similar trend
July 07, 2017 07 Jul'17
Lloyds Bank joins Swift blockchain proof-of-concept project

Twenty-eight banks collaborate in blockchain project that will enable the real-time management of accounts used to make cross-border payments
July 05, 2017 05 Jul'17
Sweden trials blockchain for land registry management

Swedish land registry is trying out blockchain as a means of proving ownership
June 20, 2017 20 Jun'17
Emirates Islamic uses blockchain to reduce cheque fraud

Islamic finance firm is using a combination of blockchain technology and QR codes to minimise the use of fraudulent cheques
June 19, 2017 19 Jun'17
Australia’s blockchain adoption at tipping point

Although blockchain is no silver bullet, experts say Australian organisations should embrace and invest in the technology
June 16, 2017 16 Jun'17
Russia’s startups and corporations hook up at Startup Village

Annual IT event Startup Village in Russia saw blockchain take centre stage and support from the country’s government
May 30, 2017 30 May'17
Taiwan’s OwlTing taps blockchain to improve food safety

The e-commerce company is using blockchain technology to provide consumers with greater transparency on food sources and production processes
May 10, 2017 10 May'17
Blockchain economy on the horizon

Blockchain technologies will enable many new and disruptive business models than the internet itself, an expert predicts
May 09, 2017 09 May'17
Blockchain gains momentum in the Middle East

Blockchain is gathering pace in the Middle East, with the United Arab Emirates leading the way
March 17, 2017 17 Mar'17
Singapore startup partners IBM to pilot blockchain technology

Invictus’ distributed ledger prototype will offer financing options for small and medium-sized enterprises
March 13, 2017 13 Mar'17
Danish shipping company uses blockchain in IBM partnership

Maersk and IBM test out the application of blockchain technology to track and manage the paper trail of shipping containers around the world
February 28, 2017 28 Feb'17
What are CIOs doing about the rise of blockchain?

Six CIOs share their views on the rise of blockchain and how to take advantage of this emerging technology
February 20, 2017 20 Feb'17
Netherlands expertise unravels enterprise blockchain

Dutch hackathons, pilots and projects are building new applications based on blockchains
February 01, 2017 01 Feb'17
Middle East bank claims blockchain first in payments

The National Bank of Abu Dhabi is to use blockchain-based technology to offer cross-border payments service to its customers
January 17, 2017 17 Jan'17
Blockchain can cut investment bank infrastructure costs by 30%

Investment banks can make huge cuts to their IT infrastructure costs through blockchain, according to analysis
January 17, 2017 17 Jan'17
HSBC appoints technology advisers to keep pace with IT changes

Bank hopes to gain knowledge about technologies such as artificial intelligence and biometric security through its new technology advisory board
December 30, 2016 30 Dec'16
IBM and Credit Mutuel Arkea beat banking legacy with blockchain

French bank explains what working with IBM on blockchain ledger technology means for customer identification
December 21, 2016 21 Dec'16
2017 UK IT budgets show increased CRM and business automation focus

CRM has emerged as the number one UK IT spending priority for 2017, in terms of packaged business applications. Beyond packaged, the top three software initiatives were business process automation, data quality and governance
December 18, 2016 18 Dec'16
Could blockchain revolutionise the Middle East?

The Middle East could pioneer the use of blockchain, transforming the processes used by organisations in the region
November 30, 2016 30 Nov'16
Blockchain-based gold trading planned for 2017

Thousand-year-old organisation The Royal Mint is the latest financial services business to harness blockchain technology
November 28, 2016 28 Nov'16
Commercial Bank of Dubai to launch digital-only bank

Dubai bank is set to launch a digital-only bank that will be based on mobile phones
November 23, 2016 23 Nov'16
Are Asean organisations ready for blockchain technology?

Blockchain promises to increase the efficiency and security of transactions in industries way beyond its financial services roots. But what does it mean in the Asean region?
November 21, 2016 21 Nov'16
Singapore central bank tests blockchain for bank-to-bank payments

Singapore's central bank is overseeing a project that could lead to a single blockchain system being used for banks to transact with each other
October 19, 2016 19 Oct'16
Emirates NBD pilots blockchain-based money transfers

UAE bank becomes the latest to test out the potential of blockchain technology for improving financial services processes
October 18, 2016 18 Oct'16
Abu Dhabi Securities Exchange uses blockchain for e-voting

Abu Dhabi Securities Exchange offers controlled access to the AGM information of listed companies through a blockchain-based service
October 10, 2016 10 Oct'16
Singapore: a nation united on its digital future

Singapore is setting itself to be a leader in the digital age, with a reorganised government department the protagonist
September 23, 2016 23 Sep'16
RBS tests claim blockchain could replace UK’s Faster Payments bank clearing scheme

Researchers at the Royal Bank of Scotland investigate the use of distributed ledger technology for bank clearing systems
September 20, 2016 20 Sep'16
Finance consultancy puts blockchain apps in the cloud

US fintech services provider Synechron makes a number of its blockchain applications available in the cloud to help financial services firms get to grips with the emerging technology
September 07, 2016 07 Sep'16
Barclays uses blockchain for trade finance transactions

Barclays Bank has successfully tested the use of blockchain technology to complete a large trade finance agreement, which promises huge efficiencies
August 19, 2016 19 Aug'16
Expect ransomware arrests soon, says bitcoin tracking firm Chainalysis

Law enforcement organisations are set to ramp up arrests of cyber criminals behind ransomware attacks, according to financial technology startup Chainalysis
August 04, 2016 04 Aug'16
Bitcoin exchange hack highlights security weaknesses

The breach of the Bitfinex bitcoin exchange highlights the need to follow best practices and to improve security around exchanges and wallets, say security experts
August 03, 2016 03 Aug'16
Government awards blockchain G-cloud contract to startup Credits

The government awards a contract to startup firm Credits to supply public services with blockchain platform as a service
August 03, 2016 03 Aug'16
Blockchain could be decades away for Australian enterprises

Blockchain use by Australian enterprises could be decades away despite the hive of activity around the technology
August 03, 2016 03 Aug'16
Government considers use cases for blockchain

A government Select Committee met with industry experts to discuss the potential for using blockchain in and outside of the UK government
July 11, 2016 11 Jul'16
DWP trials blockchain technology for benefit payments

The Department for Work and Pensions (DWP) trials blockchain's distributed ledger technology, with benefit claimants using a mobile app to track welfare payments
July 06, 2016 06 Jul'16
Case study: Inside JP Morgan's Glasgow developer centre

JP Morgan chief development officer Stephen Flaherty heads a team of developers in Glasgow, one of the bank's strategic hubs
June 20, 2016 20 Jun'16
Nets and Coinify launch blockchain development lab in Denmark

Nordic payments technology firms work together on blockchain proof-of-concept developments
May 26, 2016 26 May'16
Santander uses blockchain for international payments

Bank is using blockchain to underpin its latest app, which enables customers to make international payments 24 hours a day, which clear the next day
May 24, 2016 24 May'16
Australia’s government commits to fintech innovation and blockchain

Australia’s latest government budget included commitment to the financial technology revolution, but what developments are already afoot?
May 12, 2016 12 May'16
Be prepared for blockchain, says consultant

The blockchain endgame is unclear, but organisations should ensure they are aware of what is happening at the very least, says consultant Sebastien Meunier
April 27, 2016 27 Apr'16
Mainstream adoption of blockchain by banks is 10 years away

Banks could be putting blockchain under the microscope in a lab environment for the next 10 years, according to Forrester
April 18, 2016 18 Apr'16
The secrets of Nordic fintech boost

London has become the undisputed European capital for financial technology, but the Nordic countries have strong ambitions to challenge for the number one spot
April 15, 2016 15 Apr'16
Capgemini to build 100-strong team of blockchain specialists

The IT services firm is building a team of 100 blockchain experts as banks start to consider the technology as the future of financial services
April 12, 2016 12 Apr'16
Want to adopt Blockchain? Better start playing, says panel

A panel of financial services experts discussed adoption of blockchain technologies at the Innovate Finance 2016 Summit
March 03, 2016 03 Mar'16
World’s biggest banks complete joint blockchain trials

Forty major global banks have jointly run tests of the use of blockchain in wholesale banking
February 22, 2016 22 Feb'16
IBM open sources Blockchain to help developers build ledgers

IBM has released over 40 thousand lines of Blockchain code to help developers build ledgers for the distributed technology that underpins Bitcoin
January 19, 2016 19 Jan'16
Government should exploit blockchain technology, says chief scientist Mark Walport

Distributed ledgers – the technology behind systems such as bitcoin – could transform public services, says government chief scientist Mark Walport
October 15, 2015 15 Oct'15
Why blockchain heralds a rethink of the entire banking industry

Blockchain, the distributed ledger technology behind bitcoin, is both a threat and an opportunity for financial services – and the banks are taking it very seriously
March 13, 2015 13 Mar'15
IBM could create blockchain-based digital payments infrastructure for central banks

IBM has held informal talks with some central banks about building an infrastructure that can provide them with bitcoin-like digital payments systems
January 22, 2015 22 Jan'15
IBM looks to Bitcoin blockchains for internet of things platform

IBM sets out proof of concept for its ADEPT platform, using Bitcoin’s blockchain back-end to distribute the internet of things
July 31, 2014 31 Jul'14
Bitcoin mining firm CoinTerra signs multi-megawatt datacentre deal

CoinTerra, the firm that provides the hardware and software that power the bitcoin blockchain ecosystem, signs a multi-megawatt datacentre deal