News

E-commerce technology

• May 14, 2018 14 May'18

  Steadily declining retail footfall confirms shifting consumer behaviour

  Footfall in the UK highstreet is on the decline, according to figures by the British Retail Consortium, confirming the consumer shift towards more digital behaviour

• 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

• May 02, 2018 02 May'18

  RBS closes branches after axing challenger bank project

  Royal Bank of Scotland to close 162 branches and shed 800 jobs after deciding not to create a challenger bank – but a new digital bank may be on the way

• May 01, 2018 01 May'18

  SuiteWorld 2018: Magic Johnson gives advice on adapting to the millennial customer

  Entrepreneur and former basketball star tells SuiteWorld 2018 about the importance of adapting to the millennial customer in a technology-driven age

• 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

• April 26, 2018 26 Apr'18

  SuiteWorld 2018: Hiring people is about more than just ability, says Rachel Zoe

  NetSuite customer, fashion designer and CEO of Rachel Zoe explains that part of entrepreneurship is hiring people who fill the gaps you leave behind, and that in doing so passion can be more important than ability

• 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

• April 23, 2018 23 Apr'18

  Estonia’s digital residency programme faces first headwind

  The Baltic country’s programme to offer anyone, anywhere a chance to run a company online is facing its first crisis

• April 18, 2018 18 Apr'18

  CIO interview: Richard Tallboy, CIO, Wagamama

  Richard Tallboy, CIO of pan-Asian restaurant chain Wagamama, explains why the firm adopted “pay by walking out” technology

• April 18, 2018 18 Apr'18

  Twilio offers IoT developers programmable mobile connectivity

  Developers of internet of things applications and devices will be able to use the Twilio Programmable Wireless mobile communications platform to build mobile connectivity into their services

• April 16, 2018 16 Apr'18

  Fintech sector increasingly attractive compared to traditional banking for IT professionals

  Fintech job vacancies are growing, while less are being advertised in traditional banking sector companies

• April 11, 2018 11 Apr'18

  Tesco online grocery sales up 5.1%

  After ninth consecutive quarter of growth, CEO says supermarket chain is “on track to deliver our medium-term ambitions”

• 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

• March 27, 2018 27 Mar'18

  Arsenal uses Innovation Lab accelerator to improve worldwide fan experience

  Arsenal’s Innovation Lab programme has enabled collaboration with “world-class” startups to offer the best experience for fans in the future, says the club’s IT director

• March 23, 2018 23 Mar'18

  European insurtech growth dwarfs US

  Europe is seeing rapid growth in its insurtech as investors pump hundreds of millions into the sector

• 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

• 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

• March 21, 2018 21 Mar'18

  Danish government launches business-focused national digital strategy

  Denmark’s government has launched a plan to get more small businesses into the digital economy as it targets being a leader in advanced technologies such as artificial intelligence

• March 20, 2018 20 Mar'18

  Dutch cycling culture pumps up bicycle startups

  Bike-sharing services are cropping up in urban areas of the Netherlands but the government wants to restrict their number

• March 20, 2018 20 Mar'18

  Australia, ASEAN deepen links on smart cities and digital trade

  Besides fostering smart city development across Southeast Asia, Australia and ASEAN will also support the use of digital trade standards across the region’s booming e-commerce market

• March 19, 2018 19 Mar'18

  Digital retail calls for agile approach, say experts

  To embrace digital technology, retailers need to adopt an agile nature across the entire business and break down internal silos, said a panel at Retail Week Live

• March 15, 2018 15 Mar'18

  Tesco appoints new chief technology officer

  Supermarket giant’s new CTO joins from Airbus and will continue to implement retailer’s digital transformation programme

• 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

• March 13, 2018 13 Mar'18

  Retailers need to prepare properly before AI adoption, say experts

  Artificial intelligence can help many areas of the retail landscape, but retailers should make sure they prepare before taking on AI adoption, says an expert panel

• March 09, 2018 09 Mar'18

  Modern retail: machine learning, customer experience and legacy

  As the retail landscape shifts in the wake of new technologies, experts in retail and tech explain how firms need to adapt to cater for modern consumers

• 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

• March 08, 2018 08 Mar'18

  Denmark’s MobilePay expands in Finnish market through deal with retailer

  Deal with Finland’s largest grocery retailer helps mobile payment service spread its reach

• March 07, 2018 07 Mar'18

  Co-op trials pay-in-aisle technology

  Food retailer Co-op plans to introduce a smartphone self-checkout system so customers can pay for goods without visiting a till

• March 06, 2018 06 Mar'18

  Government sets out tighter security measures for IoT devices

  The government has announced plans to develop a new code of practice to improve the security of connected internet of things devices

• March 06, 2018 06 Mar'18

  Amazon contemplating next move in banking sector

  Amazon is in talks with a bank about setting up a current account that will appeal to young people

• March 02, 2018 02 Mar'18

  Bank of England chief calls for cryptocurrency regulation

  Bank of England governor calls on cryptocurrencies to be regulated to protect financial system and reduce illicit activities

• March 02, 2018 02 Mar'18

  People at risk of psychological side-effects of screen addiction

  Many Brits spend more than 10 hours a day attached to a screen and 60% look at two at once, research shows

• 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

• 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

• February 20, 2018 20 Feb'18

  UK finance regulator collaborates with US counterpart on fintech

  The FCA is working with a US finance regulator to support financial technology companies on both sides of the Atlantic

• February 16, 2018 16 Feb'18

  CIO interview: Mike Thomas, CIO, Hobbycraft

  The CIO of Hobbycraft, Mike Thomas, speaks to Computer Weekly about the art of digital transformation in retail, the importance of customer experience and getting a good return on investment

• February 15, 2018 15 Feb'18

  Cash will remain in use in Eurozone for a very long time, says central bank

  Cash seems set to survive the onslaught of digital payments, at least in countries that use the euro

• February 14, 2018 14 Feb'18

  Nordic banks plan common cross-border payment infrastructure

  Banks in the different Nordic countries plan to move to a shared payments infrastructure

• February 13, 2018 13 Feb'18

  Quarter of retailers say tech investment makes it harder to connect with consumers

  Lack of return on investment in technology has left one in four retailers disappointed and unable to connect with their customers

• February 07, 2018 07 Feb'18

  Stay of execution for RBS branches and free devices for some customers

  RBS is offering free training and devices to some customers in Scotland to help them eventually live without bank branches

• February 02, 2018 02 Feb'18

  Google Q4 results show businesses are buying into its public cloud

  The Google Cloud Platform is earning the search engine giant $1bn per quarter. Expect more cloud investment this year

• February 02, 2018 02 Feb'18

  Faster data is a safer bet for risk exposure

  Betting platform service supplier FSB Technology (UK) has used GridGain’s in-memory database to support its existing PostgreSQL transactional system

• February 01, 2018 01 Feb'18

  More than half of millennials prefer online retailer info to in-store assistance

  Customers between the ages of 25 and 34 would rather look online for information than talk to a shop assistant, even when they are in a store

• February 01, 2018 01 Feb'18

  Facebook reports $15.9bn profit after ‘hard’ year

  Facebook has reported a strong fourth quarter and a strong year with quarterly profit up 20% and annual profit up 56%, but chief Mark Zuckerberg admits it has been a challenging 12 months

• January 30, 2018 30 Jan'18

  Most online retail sites put customers at risk of phishing

  Most top online retail sites fail to protect consumers from phishing attacks, a study has revealed

• January 29, 2018 29 Jan'18

  Online retail grew less than expected in 2017

  IMRG and Capgemini found retail sales grew by 12.1% in 2017, but growth was lower than in the previous year

• January 26, 2018 26 Jan'18

  CIO interview: Vlassios Rizopoulos, CTO, Pricesearcher.com

  CTO of independent online search engine Pricesearcher.com explains how it uses big data and high-performance computing to cater to customers who use price as the deciding factor for their purchase

• January 23, 2018 23 Jan'18

  Mastercard sets biometric ID deadline for banks

  Mastercard has committed to guaranteeing that every one of its customers will have access to biometric authentication services by April 2019

• January 22, 2018 22 Jan'18

  NRF 2018: Cryptocurrencies “won’t take off”, says Visa executive

  Visa’s CEO, Alfred Kelly, told retailers at the 2018 NRF Big Show that bitcoin and other cryptocurrencies should be low on their list of priorities

• January 22, 2018 22 Jan'18

  IT of world’s banks is moving on from crippling regulation

  Banks need to invest more in fintech and IT skills as they emerge from years of stagnation