News

E-commerce technology

• May 06, 2022 06 May'22

  John Lewis to hire more than 150 tech workers

  As the retail group continues its drive to digitise, the John Lewis Partnership is aiming to hire more than 150 tech workers

• April 28, 2022 28 Apr'22

  Naver outlines global AI ambitions

  South Korean internet giant Naver has built a global research network to advance and apply its artificial intelligence capabilities across its services

• April 28, 2022 28 Apr'22

  Sanders calls on Biden to cut off federal contracts with Amazon

  In an open letter, senator Bernie Sanders urges the US president to fulfil a campaign promise to stop union-busting companies from winning federal government contracts

• April 22, 2022 22 Apr'22

  Asda adopts Workday as part of digital transformation

  As Asda undergoes a digital transformation as part of its separation from Walmart, the supermarket has adopted Workday to manage its 140,000 employees

• April 07, 2022 07 Apr'22

  Amazon workers defeat company to form first US union

  Amazon warehouse workers in Staten Island, New York, have successfully formed the first union at the company, with organisers pledging to help their colleagues across the US do the same

• March 29, 2022 29 Mar'22

  UK tech ecosystem reaches $1tn valuation

  The onset of the Covid-19 pandemic prompted massive investment in the UK’s digital companies, which are collectively valued at $1tn

• March 28, 2022 28 Mar'22

  Most big businesses are taking up banking as a service

  API-based banking services allow corporate customers to offer financial services without the need for heavy tech development or regulatory approval

• March 23, 2022 23 Mar'22

  Digital continues to deplete bank branch networks as Lloyds cuts 60 more

  Lloyds Banking Group has stripped UK high streets of a further 60 branches as the take-up of digital banking continues

• March 17, 2022 17 Mar'22

  Value of contactless transactions doubles in two years

  Almost £166bn was spent in the UK last year using contactless technology, compared with £80.5bn in 2019

• March 16, 2022 16 Mar'22

  No end to UK bank branch closures as HSBC shuts 69 more

  HSBC closes another 69 branches as customers continue to migrate to digital channels

• March 14, 2022 14 Mar'22

  ‘Technical issues’ leave Post Office branches with ATM cash discrepancies

  Discrepancies of up to £2,000 reported after an ‘IT change’ impacted more than 200 Post Office branches

• March 10, 2022 10 Mar'22

  Open banking’s next big thing could replace direct debits

  Variable recurring payments could fuel the next stage of open banking take-up in the UK

• March 10, 2022 10 Mar'22

  Government to force tech firms to stop fraudsters using their platforms for scams

  Changes to legislation will make social media and search engine firms responsible for preventing fraudsters using their platforms to commit crimes

• March 08, 2022 08 Mar'22

  Amazon resists independent audit of warehouse working conditions

  Two shareholder proposals pushing for an independent audit of working conditions at Amazon are being challenged by the ecommerce giant, which claims it is a matter for management rather than shareholders

• March 01, 2022 01 Mar'22

  Nationwide suffers payday payments outage

  Nationwide customers were left unable to pay bills on payday as the building society suffered a software outage

• February 25, 2022 25 Feb'22

  H&M scheme looks to tackle issues affecting D&I in STEM

  Retailer H&M launches its first ever STEM programme in the UK in a move to become a more diverse and inclusive organisation – and to tap into future tech talent

• February 22, 2022 22 Feb'22

  Sweden completes phase two of e-krona pilot

  Sweden’s central bank is well into its second year of testing a new digital currency, but so far, no firm decision has been made by the government to adopt it

• February 21, 2022 21 Feb'22

  Amazon and Visa resolve UK credit card ban threat

  Companies reach ‘broad, global agreement that includes the acceptance of Visa at all Amazon stores and sites’

• February 18, 2022 18 Feb'22

  January 2022 saw low growth in online sales

  Slow start to the year with minimal growth for online sales as pandemic drop-off has more people heading back to the highstreet

• February 15, 2022 15 Feb'22

  NatWest group shutters 32 more branches as digital shift continues

  Banking group announces more branch closures as part of its digital transformation, but promises that no customers will be left behind

• February 11, 2022 11 Feb'22

  CMA secures final Privacy Sandbox guarantees from Google

  The CMA has secured a final set of Privacy Sandbox commitments from Google relating to the proposed removal of third-party cookies from its Chrome browser

• February 11, 2022 11 Feb'22

  Operator 5G engagements increase by more than 50% in 2021

  Research from mobile test and assurance services provider shows that standalone core, network cloudification and operational agility drive accelerating 5G roll-outs, with service assurance rapidly gathering pace

• February 09, 2022 09 Feb'22

  Minister defends digital economy legislation before Lords

  A digital minister has said that the UK’s forthcoming digital markets legislation is ‘superior’ to similar efforts in the EU, but could not commit to a specific time frame for when it will be introduced to Parliament

• February 08, 2022 08 Feb'22

  UK fintech investment sees sevenfold increase in a year

  UK fintech investment rose from $5.2bn in 2020 to $37.3bn in 2021, with 603 private equity, venture capital and merger and acquisition deals

• February 04, 2022 04 Feb'22

  Amazon to create 1,500 UK apprenticeships in 2022

  Retail giant Amazon will be on the lookout for more than 1,000 UK apprentices this year, adding to the thousands of new hires it made in 2021

• February 03, 2022 03 Feb'22

  UAE chooses Accenture to develop national payments platform

  Consortium led by Accenture to build new payments infrastructure in the United Arab Emirates

• February 02, 2022 02 Feb'22

  Mechanism underlying cookie popups found in breach of GDPR

  A fundamental element of the mechanism by which the advertising industry requests tracking consent from web users has been found in breach of the General Data Protection Regulation

• February 02, 2022 02 Feb'22

  Ikea hopes to fill 150 tech roles across Europe this year

  Swedish furniture brand Ikea has plans to hire more than 150 tech and data workers across Europe in 2022

• January 31, 2022 31 Jan'22

  UK has record year for tech IPOs in 2021

  Tech companies represented 29% of all UK initial public offerings last year, raising a record $6.6bn

• January 27, 2022 27 Jan'22

  Barclaycard customers increase contactless spending following limit rise

  Barclaycard customers have increased their contactless card spending by 40% with most of their card payments using the technology

• January 27, 2022 27 Jan'22

  Bank account switching accelerates as consumers choose digital services

  Surge in UK consumers changing current account providers is a sign that digital banking services are eating into the traditional sector

• January 20, 2022 20 Jan'22

  Advantages of traditional banks are weakening amid digital challenge, says FCA

  Weakening of the advantages enjoyed by traditional banks over the years is “driven by digital innovation and changing consumer behaviour”, says regulator

• January 19, 2022 19 Jan'22

  Aldi launches grab-and-go test store in London

  Discount supermarket brand Aldi has launched a checkout-free concept store in London to test contact-free shopping

• January 18, 2022 18 Jan'22

  Amazon puts UK Visa ban on hold

  Online retail giant Amazon continues to allow UK Visa credit card payments as negotiations over fees with the card provider continue

• January 11, 2022 11 Jan'22

  Banks accused of neglecting customer security measures

  Which? singles out Metro Bank, Virgin Money and TSB over insecure online banking processes

• January 06, 2022 06 Jan'22

  Record amount invested in UK fintech last year, but female founders still overlooked

  Last year the UK financial technology sector attracted the most investment ever following a slowdown in 2020

• January 06, 2022 06 Jan'22

  Which? raises concerns over buy now, pay later schemes

  The ease of use and increased availability of buy now, pay later schemes masks the risks, says consumer protection champion

• January 05, 2022 05 Jan'22

  Fintech players get cosy in Luxembourg

  Luxembourg aims to play a larger role in the rapidly growing global fintech market

• December 29, 2021 29 Dec'21

  Top 10 retail technology stories of 2021

  Computer Weekly looks at what 2021 had in store for the retail industry – did technology help retailers recover from the effects of the pandemic?

• December 22, 2021 22 Dec'21

  Top 10 financial services and fintech stories of 2021

  Computer Weekly selects 10 key stories from the financial services IT sector over the past year

• December 15, 2021 15 Dec'21

  Which? tells banks to stop rushing branch closures

  Consumer rights protector says banks should pause branch closures until they can ensure people have access to cash and services

• December 14, 2021 14 Dec'21

  Joint committee publishes report on improving Online Safety Bill

  MPs and peers release report on Online Safety Bill following five-month inquiry into the draft legislation and make a number of recommendations on how it can be improved to deal with harmful content and abuse on the internet

• December 08, 2021 08 Dec'21

  Number of .uk domain suspensions at record low

  Statistics from Nominet show how effective law enforcement action against cyber crime in the UK is paying off

• December 07, 2021 07 Dec'21

  Zopa to focus on banking after closing peer-to-peer lending

  Peer-to-peer lending pioneer Zopa to focus on its banking operation after the closure of its original business

• December 06, 2021 06 Dec'21

  European finance firms increase open banking spend

  Financial services firms are increasing investment in open banking capabilities, with improvements to payment initiation and onboarding capabilities expected

• December 06, 2021 06 Dec'21

  Consumers say supermarkets among best at social engagement

  Many types of business have improved their online interactions with consumers as a result of the pandemic, with consumers claiming supermarkets are among the most engaging

• November 25, 2021 25 Nov'21

  UK consumers warned of increase in credit card application fraud

  There has been a sharp rise in fraudsters using stolen personal details to open credit card accounts

• November 24, 2021 24 Nov'21

  One in three Norwegian unicorns created in 2021 alone

  Norway’s tech sector has undergone rapid growth in the past year, consolidating the Nordic country’s position as an emerging European tech hub

• November 23, 2021 23 Nov'21

  CIO interview: Mia Sorgi, director of digital product and experience, PepsiCo Europe

  A trial project using gesture-based technology to help customers order in restaurants is just one example of the pioneering digital innovations being explored by food and drinks giant PepsiCo

• November 18, 2021 18 Nov'21

  Government to legislate to make APP fraud reimbursement mandatory

  UK payments regulator wants to reduce the huge sums of money lost to authorised push payment fraud and is calling on the banking and tech industries to play their part