News
E-commerce technology
-
March 11, 2024
11
Mar'24
TechUK calls for next government to introduce ‘industrial strategy’ for AI
Trade group TechUK publishes blueprint calling for winner of next election to boost tech startups, digitise government services and accelerate technology R&D
-
March 04, 2024
04
Mar'24
Amazon lobbyists banned from European Parliament
Amazon lobbyists have had their access badges to the European Parliament revoked, following allegedly repeated refusals to engage with lawmakers on issues around working conditions and rights
-
December 22, 2023
22
Dec'23
Top 10 retail technology stories of 2023
Computer Weekly looks at what 2023 had in store for the retail industry – a year of financial uncertainty and increasing cost of living has made consumers ever more demanding, so how are retailers using tech to cope?
-
December 22, 2023
22
Dec'23
Top 10 financial services and fintech stories of 2023
Generative AI is the buzzword on every financial services IT professional’s lips as the technology promises to accelerate the ongoing fintech revolution
-
December 20, 2023
20
Dec'23
Orange Business boosts digital ambitions with Expertime acquisition
Acquisition of consulting company by business services division of global telco becomes latest part of strategic ambition to accelerate growth in digital services and support growth in digital, public cloud, AI and data
-
December 04, 2023
04
Dec'23
CIO interview: Sasha Jory, Hastings Direct
For a company aiming to be the biggest digital insurer in the UK, that means going cloud-first, and focusing on innovation for both customers and employees
-
November 30, 2023
30
Nov'23
Government’s Online Fraud Charter welcomed
The government has corralled 11 of the largest tech platforms in the world to commit to its Online Fraud Charter, designed to tackle online scams, fake adverts, and more
-
November 16, 2023
16
Nov'23
Cancer Research UK uses AWS for payments and trial search function
Charity Cancer Research UK has been using AWS to make its donations platform more scalable, as well as making it easier for patients to find clinical trials
-
November 15, 2023
15
Nov'23
BlackCat affiliate seen using malvertising to spread ransomware
Researchers at eSentire identified a wave activity from an ALPHV/BlackCat ransomware affiliate which has adopted a somewhat unusual approach to delivering its locker
-
November 14, 2023
14
Nov'23
Million Brits could lose access to bank branch if closure rate continues
Even people in urban constituencies could lose access to a local bank branch, according to research
-
November 09, 2023
09
Nov'23
NCSC makes annual Black Friday plea to consumers
Ahead of the annual festival of retail avarice, the NCSC is once again asking consumers to do the bare minimum to avoid falling victim to scams
-
October 31, 2023
31
Oct'23
Over a quarter of UK adults use buy now, pay later fintechs
Latest research from UK financial services regulator shows BNPL more likely to be used by people experiencing financial difficulty
-
September 15, 2023
15
Sep'23
Number of UK contactless payments rose by 30% last year
UK consumers are increasingly making contactless payments, with the number of payments using the technology up 30% last year
-
September 12, 2023
12
Sep'23
European fintech investment plummets, but more sustainable future lies ahead
Investment in European fintechs has seen a dramatic drop, but a more sustainable sector will result from investment discipline
-
September 07, 2023
07
Sep'23
Hyundai to launch in-car payments in US
Hyundai will launch an in-car payments service in the US when the company’s latest car model is launched next year
-
August 31, 2023
31
Aug'23
Ducktail social media marketing malware rears its head again
Use of the Ducktail infostealer, which first popped up in 2022 targeting Meta Business accounts, seems to be increasing
-
August 30, 2023
30
Aug'23
July sees huge jump in open banking payments
The number of open banking payments in the UK have doubled over the past year, according to latest figures
-
August 23, 2023
23
Aug'23
Innovative UK SMEs spend half of turnover on tech
UK SMEs are increasing spending on technology, with dedicated IT teams set up to enable them to keep pace with tech change
-
August 07, 2023
07
Aug'23
Rise in fraudsters spoofing the websites of leading UK banks
Despite safeguards to protect customers from scams, UK retail banks are still seeing high volumes of fake phishing websites exploiting their brands, and the problem seems to be increasing in scope and scale
-
July 20, 2023
20
Jul'23
Online Safety Bill screening measures amount to ‘prior restraint’
The Open Rights Group is calling on Parliament to reform the Online Safety Bill, on the basis that its content-screening measures would amount to “prior restraint” on freedom of expression
-
July 12, 2023
12
Jul'23
Ofcom’s online safety preparedness efforts hobbled by government
Despite Ofcom’s progress so far, UK government changes to the scope and timetable of the Online Safety Bill are hobbling the ability of the regulator to successfully prepare for the new regime
-
July 04, 2023
04
Jul'23
‘Political lethargy’ to blame for digital exclusion, says Lords
A House of Lords report about digital exclusion across the UK has blamed slow and undedicated government intervention for the extent of digital exclusion
-
June 21, 2023
21
Jun'23
Interview: Paul Cooper, director of technology operations, River Island
Retailer River Island has had a recent in-store technology overhaul, making it easier for shop staff to cater to customers
-
June 19, 2023
19
Jun'23
Prime minister Rishi Sunak faces pressure from banks to force tech firms to pay for online fraud
The UK’s major banks have told the prime minister to force tech firms to do more to prevent fraud that the banks end up paying for
-
June 16, 2023
16
Jun'23
Collaboration in finance sector develops prototype API for digital currency
The Bank for International Settlements and the Bank of England worked with private sector on central bank digital currency experiment
-
June 14, 2023
14
Jun'23
TSB calls on Meta to intervene and protect users from fraud losses of £250m this year
TSB is the latest bank to demand more action from social media sector in helping to reduce online fraud
-
June 14, 2023
14
Jun'23
Banks still investing heavily in legacy payments systems
Banks are missing out on additional revenues through payment services because they are stuck with inflexible legacy payments systems.
-
June 13, 2023
13
Jun'23
Delivery charges and slow payments have customers abandoning baskets
Customer expectation has been on the rise, both on and offline, and no-code automation firm Primer finds there are several reasons why consumers are choosing not to checkout
-
June 07, 2023
07
Jun'23
Open banking regulator sets out next steps
Plans for ongoing evolution of the UK open banking sector have been set out by regulator in bid to grow the open banking sector in a ‘safe, scalable and economically sustainable way’
-
May 31, 2023
31
May'23
Lloyds Bank calls on tech companies to control social media ‘wild west’
Lloyds Banking Group is calling on tech giants to step forward in the fight against online fraud, which emanates in the social media ‘wild west’
-
May 25, 2023
25
May'23
Digital channels thriving for M&S but profits down
Many of M&S’s digital offerings have gained more users over the past year, but after a long programme of transformation, profits are still smaller this year than last
-
May 15, 2023
15
May'23
Online sales suffer as consumers hit shops for bargains
While overall shopping figures saw year-on-year growth in April 2023, online sales took a hit as shoppers look for cheaper goods in stores
-
May 05, 2023
05
May'23
Open banking use to increase 470% in next four years, driven from Europe
Europe is leading the surge in the take-up of API-based open banking services, according to Juniper Research
-
May 04, 2023
04
May'23
Age UK calls for physical banking hubs as older people demand face-to-face banking
UK charity calls for banks and government to speed up the introduction of physical banking hubs as research reveals millions of older people don’t bank online
-
May 02, 2023
02
May'23
Researchers see surge in scam websites linked to coronation
Scammers and fraudsters continue to take advantage of large public events, with the coronation of King Charles III no exception
-
April 25, 2023
25
Apr'23
Online makes up 25% of retail sales three months in row
The percentage of all retail sales made online remains steady at around a quarter this year, though cost of living is affecting customer behaviour
-
April 18, 2023
18
Apr'23
Fintechs get more certainty about open banking’s future direction
Fintechs have welcomed the UK open banking regulators recommendations for the future of the sector
-
April 05, 2023
05
Apr'23
Nordic app-based bank offloads its peer-to-peer lending business
Danish fintech Lunar has sold its peer-to-peer lending business to Sweden’s SaveLend
-
March 30, 2023
30
Mar'23
How millions of consumers and businesses are using open banking
SMEs and consumers are increasingly turning to open banking services to help them manage their businesses and lives
-
March 28, 2023
28
Mar'23
Barclays makes further cut to branch network
Barclays cuts another 14 branches from its network as it continues to see a migration to digital banking channels
-
March 24, 2023
24
Mar'23
Over a third of UK’s online transactions used digital wallets
Mobile phone-based digital wallets are fast becoming a preferred method of buying goods and services online
-
March 23, 2023
23
Mar'23
US bakery pilots Amazon tech for palm payments
Amazon's palm-scanning authentication technology is being used by US bakery and café chain to boost use of its loyalty programme
-
March 14, 2023
14
Mar'23
Central bank digital currency use set to soar over next seven years
The use of central bank-backed digital currencies is set to explode over the next seven years as governments drive adoption to increase financial inclusion
-
March 06, 2023
06
Mar'23
Fintech industry calls for regulatory change to help struggling consumers
Fintech trade body calls for regulatory changes to allow fintechs to broaden services for people struggling in the cost-of-living crisis
-
March 02, 2023
02
Mar'23
Salt Labs identifies OAuth security flaw within Booking.com
Security flaw in Booking.com OAuth implementation could be used to launch account takeovers, but researchers discovered and flagged the issue before it could be exploited in the wild
-
February 28, 2023
28
Feb'23
Two years on from the Kalifa report, UK fintechs speak out
Two years after the UK government’s Kalifa fintech report, entrepreneurs warn of a continuing Brexit headache and slow regulatory reform
-
February 21, 2023
21
Feb'23
Seven million people in UK used open banking services in 2022
More than seven million people used services that harnessed open banking last year, with 1.2 million of these first-time users
-
February 21, 2023
21
Feb'23
Online makes up a quarter of retail sales in January 2023
Online shopping makes up a quarter of all retail volumes in the first month of 2023, but retail is still rocky as the cost of living rises
-
February 20, 2023
20
Feb'23
App-based Zopa bank buys BNPL fintech
App-based Zopa bank is adding a buy now, pay layer platform to its technology stack through its first acquisition
-
February 15, 2023
15
Feb'23
UK saw fintech investment collapse in 2022, but is still a world leader
Fintech investment in the UK sees steep drop, but the country was still a top destination for capital