News
E-commerce technology
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September 29, 2021
29
Sep'21
UK consumer trust in banks, retailers and telcos declines as scams increase
Consumers are blaming banks, retailers and social media for the huge increase in online scams, survey shows
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September 28, 2021
28
Sep'21
Digital regulators need discrete but cooperative remits
The UK’s information commissioner has told MPs that digital economy regulators need discrete remits backed up by strong information sharing powers to both provide clear focus as well as allow for greater cooperation between their disparate but ...
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September 23, 2021
23
Sep'21
Authorised push payment fraud sees huge increase as criminals switch tactics
Criminals tricking people into making payments through channels such as fake emails and websites have stolen more money than payment card fraudsters
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September 21, 2021
21
Sep'21
Open banking objectives a decade away for over a third of UK finance firms
The completion of complex open banking initiatives could still be over a decade away for many companies in the finance sector
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September 17, 2021
17
Sep'21
JP Morgan launch of UK digital bank expected next week
JP Morgan will launch its UK digital retain bank next week, and continental Europe will be next if it’s a success
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September 07, 2021
07
Sep'21
ICO in bid to end cookie pop-ups
Outgoing information commissioner Elizabeth Denham will call on her equivalents across the G7 group of countries to collaborate on an overhaul of cookie consent pop-ups
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September 07, 2021
07
Sep'21
Banking anti-fraud scheme blocks 65% more fraud
Scheme designed to protect vulnerable people against banking fraud has been expanded to include online scams
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September 02, 2021
02
Sep'21
How high can the contactless card limit go without two-factor authentication?
The spending limit for contactless cards has reached an eyebrow-raising triple-digit figure – £100 – raising questions about the need for user authentication
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September 01, 2021
01
Sep'21
Tech sector spends nearly €100m a year lobbying the EU
Study on technology firms’ lobbying efforts in the European Union shows the sector spends more than any other in trying to influence policies and legislation
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August 19, 2021
19
Aug'21
Challenger banks make reputational gains in business banking
The business banking sector is a big target for digital challengers and some are already building good reputations in the market
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August 17, 2021
17
Aug'21
What will be the bank branch balance in the digital age?
Will the traditional banks be permanently disadvantaged by the need to retain bank branches or could they turn it to their advantage?
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August 11, 2021
11
Aug'21
Global fintech investments reach new heights
The global financial technology industry is emerging from the pandemic-triggered slowdown with record levels of investment to fuel further growth
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August 10, 2021
10
Aug'21
Banks could be blocked from closing branches through FCA legislation
UK financial services regulator the Financial Conduct Authority considers legislation that could block some bank branch closures to ensure citizens have easy access to cash
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August 05, 2021
05
Aug'21
Around 75% of minority tech employees don’t feel a sense of belonging at work
Research by Capgemini found just over three-quarters of global tech employees who are women or ethnic minorities don’t feel a sense of belonging at work
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August 04, 2021
04
Aug'21
M&S launches initiative to hire software engineers
Supermarket and department store M&S has launched an initiative designed to help it find software engineering talent
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July 27, 2021
27
Jul'21
Gaming could reduce the gamble for users of online finance
Financial gaming platform designed to educate the increasing number of amateur traders
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July 20, 2021
20
Jul'21
Nordic banks join forces to compete with fintechs
Collaboration will be key for traditional Nordic banks to retain business amid intense competition from tech companies
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July 15, 2021
15
Jul'21
Fintech sector continues to attract investment as Revolut hits $33bn valuation
Revolut has become the most valuable financial technology firm in the UK after its latest round of investment, with plans for a ‘superapp’
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July 13, 2021
13
Jul'21
UK fintech investments recovering from lost year
Fintech investments have bounced back in the first half of this year after a Covid-19-hit 2020
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July 06, 2021
06
Jul'21
Ocado sees 19.8% increase in retail business revenue
Online retailer’s half-year results show a significant increase in revenue for its retail business, with numbers reaching £1.2bn
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July 06, 2021
06
Jul'21
Bank of England searches for new CIO amid once-in-a-generation project
The Bank of England is recruiting a head of IT during a period of major change in its core IT system
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July 06, 2021
06
Jul'21
Nordic fintech could lead the world
Will the Nordics become the fintech and open banking innovation capital of the world?
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July 01, 2021
01
Jul'21
Nordic mobile wallets to merge onto single tech platform
Plans underway to merge the mobile wallets of various Nordic banks into a single public cloud-based technology platform
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June 29, 2021
29
Jun'21
Bank branches will be a thing of the past in five years, say bankers
Traditional bank branches are likely to disappear from the high street in the next five years, but banking ecosystems will ensure customer service levels are high, say bankers
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June 28, 2021
28
Jun'21
Zopa Bank to make profit in its first year
Bank set up by peer-to-peer lending fintech firm expected to make a profit in its first year
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June 25, 2021
25
Jun'21
CMA to probe Amazon and Google over fake reviews
The CMA has opened an investigation into Amazon and Google over possible breaches of consumer protection law
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June 25, 2021
25
Jun'21
Brighton tourists charged thousands of pounds for fairground ride after Worldpay glitch
Tourists at a Brighton attraction were overcharged by thousands of pounds due to a glitch at payment processor Worldpay
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June 24, 2021
24
Jun'21
Visa to acquire Swedish open banking fintech for €1.8bn
Payments giant Visa agrees to pay €1.8bn to acquire Tink, a specialist open banking fintech
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June 24, 2021
24
Jun'21
Google hands third-party cookies a stay of execution
Google’s proposed Privacy Sandbox initiative – which will see third-party cookies phased out in the Chrome web browser – has been pushed back to 2023
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June 24, 2021
24
Jun'21
Lloyds Bank to close 44 more branches
Banking group has announced the closure of a further 44 branches as customers increasingly use other channels for banking
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June 18, 2021
18
Jun'21
Digital banks could dominate once baby boomers pass on their wealth
Traditional banks face challenges in the coming years due to an increasing number of millennials only using digital banks
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June 11, 2021
11
Jun'21
CMA secures commitments from Google on future of cookies
The Competition and Markets Authority is opening a consultation on commitments offered to it by Google to ensure its Privacy Sandbox proposals do not harm digital advertising markets
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June 09, 2021
09
Jun'21
RSA spins out fraud and risk unit as Outseer
RSA Security is transitioning its fraud and risk intelligence work into a new business to be called Outseer
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June 09, 2021
09
Jun'21
BBVA to cut 3,000 jobs in Spain as digital technology transforms industry
Spanish bank is the latest to announce swingeing branch and job cuts amid increased digital competition
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June 09, 2021
09
Jun'21
Klarna takes on UK credit card providers with feature that breaks up online payments
Fintech unicorn introduces feature to its app in the UK which will challenge traditional credit card providers
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June 04, 2021
04
Jun'21
Amazon launches apprenticeship fund for small businesses
The £2.5m Amazon Apprenticeship Fund will be aimed at helping small businesses use the government’s levy transfer scheme to access talent
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May 27, 2021
27
May'21
MP-backed push to stop tech giants claiming super-deduction tax relief thwarted
Move to prevent the likes of Amazon using the government's new super-deduction policy to minimise their UK tax liabilities even further fails to win support in the House of Commons
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May 25, 2021
25
May'21
Trust is key to keeping the digital customer happy
Consumers were forced into using digital channels during the coronavirus lockdowns, but some digital users now plan to return to the physical world
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May 25, 2021
25
May'21
Stockholm’s startup scene seeks more diversity
Swedish capital has created a world-leading tech startup environment, but it still lacks the diversity of people needed to move it to the next level
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May 20, 2021
20
May'21
Pandemic tech use heightens consumer privacy fears
Report on consumer attitudes to privacy finds evidence of a “heightened sense of fear” as digital footprints expand inexorably
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May 12, 2021
12
May'21
UK government publishes Online Safety Bill draft
Bill builds on previous commitments by the government, which has added new measures to uphold democracy and freedom of speech while making tech giants more accountable
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May 12, 2021
12
May'21
The Security Interviews: Why helpful bots could hurt vaccine roll-outs
Earlier this year, spikes in traffic to websites containing information about Covid-19 vaccines were attributed by Imperva to automated bots scraping data. Why is that a problem?
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May 12, 2021
12
May'21
Running a bees and spirits business on low-code
We look at how a small honey and gin producer has adapted and grown its business without requiring external software development expertise
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May 06, 2021
06
May'21
Government urged to add scam protections to Online Safety Bill
Group of organisations calls for the government to use the Online Safety Bill to protect people from cyber scams
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May 06, 2021
06
May'21
Scammers accidentally reveal fake Amazon review data
More than 13 million records relating to an organised fake review scam have been found on an unsecured ElasticSearch database, implicating hundreds of thousands of people in unethical behaviour
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April 27, 2021
27
Apr'21
UK supermarkets to trial age estimation tech for alcohol purchases
Biometric age estimation technology developed by Yoti to be tested in UK supermarkets for alcohol purchases as part of government-led digital identities initiative
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April 13, 2021
13
Apr'21
Covid-19 left people feeling vulnerable to cyber crime
Around 15 million people in the UK experienced cybercrime in the past 12 months, with a cumulative 64 million hours wasted dealing with the fallout
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April 12, 2021
12
Apr'21
Another 27 Danish banks get access to open banking APIs
Nordic banks gain access to open banking capabilities from Nordic API Gateway, with an agreement through their shared IT service provider
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April 09, 2021
09
Apr'21
NCSC: Using your pet’s name as a password is very stupid
If your email password is still Rex, Rover or Mr Fluffles, it’s probably best to change it, the NCSC has said
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April 07, 2021
07
Apr'21
Digital Markets Unit starts work on codes of conduct for tech giants
Digital markets regulator officially launched to ensure tech giants such as Facebook and Google cannot exploit their market dominance to crowd out competition and stifle innovation online