News

E-commerce technology

• April 24, 2015 24 Apr'15

  The suburban rogue trader's algorithms behind the 2010 US flash crash

  US authorities accuse British trader Navinder Singh Sarao of manipulating the stock market with fraudulent trades, triggering the 2010 flash crash

• April 24, 2015 24 Apr'15

  Poor customer engagement at banks opens door to competitors

  Customer experience levels at banks have failed to improve for the second year in a row and customers are more likely than ever to leave their bank

• April 22, 2015 22 Apr'15

  Tesco's online sales increase despite £6.37bn loss

  Supermarket Tesco has posted a yearly pre-tax loss of £6.37bn despite its online grocery business growing ahead of the market at 20%

• April 21, 2015 21 Apr'15

  BT sets out ambition to become enterprise's cloud integrator of choice

  BT outlines its 'Cloud of Clouds' vision to allow users to access cloud apps and services, regardless of where their systems are hosted

• April 20, 2015 20 Apr'15

  Software flaw puts thousands of Magento sites at risk

  A new vulnerability that could enable hackers to steal credit card and customer details using e-commerce platform Magento has been found

• April 17, 2015 17 Apr'15

  Ofcom: Openreach future is on the table

  Ofcom chief executive Sharon White says she will consider the future of Openreach as a BT business in a major review of the telco industry

• April 16, 2015 16 Apr'15

  Retailers should think of consumers as “omni-customers”, says OVS Spa

  Retailers should refocus their strategy to treat consumers as “omni-customers”, according to the director of e-commerce for Italian brand OVS Spa

• April 16, 2015 16 Apr'15

  Business intelligence and analytics overtakes security as banking IT priority

  More banks see investment in business intelligence and analytics technology as a priority than security

• April 15, 2015 15 Apr'15

  EC slams Google over comparison shopping and Android

  EC issues statement of objection to Google claiming it has abused its dominant position in internet search and mobile

• April 15, 2015 15 Apr'15

  Digital technology transforms wealth management industry

  Wealth management is a shrinking industry as technology makes it easier for the rich to manage their own money or find independent advisors

• April 15, 2015 15 Apr'15

  Availability of tech blurs lines between retailers and brands

  The increased availability of technology has blurred the lines between retailers and their brands as they strive for customer engagement

• April 13, 2015 13 Apr'15

  Minor parties react to public concern over mass surveillance: Labour and Tories silent

  Liberal Democrats, SNP, Plaid Cymru, UKIP and the Green Party support tighter controls on government surveillance after Snowden's revelations

• April 13, 2015 13 Apr'15

  IT error affects Nordea customers across Finland

  Nordea's online systems are back up and running after an unspecified technical problem affected customers in Finland

• April 09, 2015 09 Apr'15

  Linux Foundation to host open encryption project

  The Linux Foundation is to host an open encryption project aimed at providing a free and easy way to protect online data

• April 08, 2015 08 Apr'15

  Sales assistants need data protection coaching, says Furla

  Sales assistants in stores need to be coached on how to collect data from customers, says a representative from luxury retailer Furla

• April 08, 2015 08 Apr'15

  Oracle Retail expands cloud services portfolio in wake of Micros buy

  Oracle introduces six cloud services to help retailers get to grips with loss prevention, customer engagement and inventory management

• April 08, 2015 08 Apr'15

  Attraction World takes managed cloud route to website stability

  Online ticket broker explains why it moved to a dedicated, managed cloud platform to safeguard its growth

• April 07, 2015 07 Apr'15

  Digital agenda streamlines public sector in Norway

  While governments are eager to toot the horn of digitisation, real-world effects are still a few and far between, but Norway is aiming to change this

• April 07, 2015 07 Apr'15

  Over-the-top services worth $14bn to carriers by 2020

  A study conducted by Juniper Research suggests that content paid for by carrier billing will be a lucrative money-spinner for communications providers

• March 31, 2015 31 Mar'15

  Sainsbury’s creates 480 digital specialist jobs, while cutting 500 jobs elsewhere

  Sainsbury’s is creating 480 jobs for in-house digital specialists to develop digital systems to meet the increasing technology demands of customers

• March 31, 2015 31 Mar'15

  IT is more important than marketing for banks

  IT spending will grow at the expense of other areas such as marketing as optimism in financial services increases

• March 30, 2015 30 Mar'15

  The challenge of embracing digital and avoiding dystopia in the finance sector

  Financial services regulators are determined to avoid future problems that could be caused by out-of-control technological advancement

• March 27, 2015 27 Mar'15

  EU single digital market will boost networks and economic growth

  The European Commission has highlighted the three main areas of focus in its digital single market strategy

• March 27, 2015 27 Mar'15

  Government deal means banks could close the last branch in town

  Banks and government compromise on branch closures as digital banking decimates traditional services – but deal ensures alternatives

• March 27, 2015 27 Mar'15

  Gocompare puts banks on the defensive

  The UK could be on the cusp of dramatic changes in retail banking following the launch of a current account comparison service

• March 26, 2015 26 Mar'15

  Ovum urges service providers to get serious about cloud security

  Analyst Ovum's report into enterprise cloud adoption warns service providers to stop treating customers' security as an afterthought

• March 26, 2015 26 Mar'15

  Google extends its financial services reach

  Google plans to introduce a service enabling account holders to receive and pay bills with Gmail instead of paying on suppliers’ websites

• March 25, 2015 25 Mar'15

  British Bankers’ Association wants regulators to constrain free movement of capital

  The British Bankers’ Association (BBA) says the ability to switch accounts at the touch of a button increases the likelihood of a run on a bank

• March 24, 2015 24 Mar'15

  Nordic nations dominate Europe's digital league table

  The EC's Digital Economy and Society Index ranked Denmark, Sweden and Finland as first, second and fourth most digital European nation

• March 19, 2015 19 Mar'15

  BIS sets out to assist development of digital sharing economy

  The government has set out a number of proposals to assist in the development of the £9bn trade body Sharing Economy UK

• March 19, 2015 19 Mar'15

  Current account comparison from Gocompare announced in Budget 2015

  The government used the Budget to announce changes in the banking sector that will increase consumer and business choice

• March 18, 2015 18 Mar'15

  Facebook introduces friend-to-friend payment system

  Facebook has introduced a feature to its Messenger app that enables people to transfer money to their friends in a few clicks

• March 18, 2015 18 Mar'15

  Red Nose Day 2015: How Comic Relief used cloud to bank a record £78m

  Comic Relief CTO Zenon Hannick explains how the charity used cloud to process a record number of donations during Red Nose Day 2015

• March 18, 2015 18 Mar'15

  Six technology companies to hasten the demise of retail bank giants

  UK retail banks are under pressure from regulation, costs and increasing competition

• March 17, 2015 17 Mar'15

  Post Office could be the Carphone Warehouse of banking industry

  Atom Bank is latest digital bank to propose Post Office branches as places where customers can make transactions

• March 17, 2015 17 Mar'15

  Banking software supplier Misys launches Apple Watch app prototype

  Finance software house Misys launches a prototype banking app for the Apple Watch that will be available off-the-shelf

• March 16, 2015 16 Mar'15

  FCA sets rules on firms' use of “powerful” social media

  Social media is a powerful and growing communications tool for financial services companies, says the industry regulator

• March 16, 2015 16 Mar'15

  Deal close with banks to maintain services in remote locations

  The government is close to agreement with the British Bankers Association on a set of rules for banks to follow before closing branches

• 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

• March 13, 2015 13 Mar'15

  Verizon PCI DSS report a wake-up call, says PCI Security Standards Council

  Verizon's payment card industry data security standard (PCI DSS) compliance report should be a wake-up call for business, says industry body

• March 09, 2015 09 Mar'15

  Advisory group champions 4G and Wi-Fi in high street rescue plans

  The Digital High Street Advisory Board has set out its strategy to ensure town centres remain competitive in the digital age

• March 09, 2015 09 Mar'15

  Cloud-based CivilisedBank latest challenger bank to hit UK

  CivilisedBank will attempt to use cloud-based technology to challenge the dominance of the high street giants

• March 09, 2015 09 Mar'15

  Google adds another string to financial services bow

  Google has moved further into financial services with the launch of a car insurance comparison website in the US

• March 06, 2015 06 Mar'15

  PayPal targets financial platform dominance

  The man tasked with making PayPal a giant of financial services told an audience of investors that software is eating into the sector

• March 06, 2015 06 Mar'15

  Sharing Economy UK launched to champion digital businesses

  New trade body brings together digital businesses that encourage consumer and business asset-sharing, such as Airbnb and ZipCar

• March 04, 2015 04 Mar'15

  Latest new UK bank launches virtually

  Challenger financial services firm Charter Savings Bank has been launched, taking advantage of the lower cost of a virtual presence

• March 03, 2015 03 Mar'15

  More than a billion smartphones sold in 2014

  More than a billion smartphones were sold worldwide in 2014, according to research firm Gartner

• February 27, 2015 27 Feb'15

  Mobile World Congress: Visa considers future of mobile payments

  Visa makes a number of enhancements around its mobile payments strategy ahead of Mobile World Congress 2015

• February 27, 2015 27 Feb'15

  TSB is investing in bank branches, not closing them

  TSB is countering the industry trend of branch closures in the light of increased digital services by opening 30 new branches

• February 26, 2015 26 Feb'15

  Transparency key to Europe’s big data opportunity

  Europe has an opportunity to lead big data analysis, says Richard Benjamins, group director of business intelligence big data at Telefonica