News

E-commerce technology

• October 14, 2020 14 Oct'20

  Fintech ‘unicorn’ Klarna probed over data misuse

  Online bank blames misuse of user data on human error as Information Commissioner’s Office weighs in

• October 08, 2020 08 Oct'20

  Tesco hires 16,000 staff to cope with Covid-19 shopping habits

  After an increase in online sales as a result of the coronavirus pandemic, supermarket Tesco made 16,000 temporary staff permanent to cope with the shift in customer behaviour

• October 07, 2020 07 Oct'20

  US lawmakers release big tech antitrust report

  House Democrats have published a report on the monopoly power wielded by big tech companies and how to restore competition in digital markets

• September 23, 2020 23 Sep'20

  Latest Tech Nation fintech cohort reflects diversifying sector

  The latest group of fintechs accepted into Tech Nation’s growth programme reflects the diversification of a maturing sector

• September 23, 2020 23 Sep'20

  Major tech firms urged to end targeted ads to under-18s

  An open letter to Google, Facebook and others is calling on the tech firms to take responsibility for protecting users of their services by ending behavioural advertising to children

• September 22, 2020 22 Sep'20

  CIO interview: Mark Holt, CTO, Trainline

  The coronavirus pandemic has reduced train travel significantly, but for the rail ticketing app it’s been an opportunity to focus on using innovative technologies to help support passengers in new ways

• September 21, 2020 21 Sep'20

  Royal Mint coin production freeze points to digital future for small payments

  Royal Mint freezes production of certain coins as demand dries up amid changing consumer habits

• September 17, 2020 17 Sep'20

  Swedish bank cuts branches and jobs, increases IT spend

  Swedish bank is increasing investment IT to improve digital banking as it reduces its branch network

• September 16, 2020 16 Sep'20

  Ocado sees increased weekly orders following lockdown

  Weekly orders for online grocer Ocado increased in the third quarter of 2020 as customers settle into online shopping behaviour

• September 10, 2020 10 Sep'20

  Irish privacy watchdog orders Facebook to stop sending user data to the US

  Irish privacy watchdog orders Facebook to suspend transfers of European citizens’ data to the US after Schrems II ruling that Europeans have no effective way to challenge American government surveillance

• September 08, 2020 08 Sep'20

  Nordic banks invest and innovate to keep digital rivals at bay

  Large traditional banks are accelerating their digital transformations as the regional fintech sector makes its presence felt

• September 03, 2020 03 Sep'20

  Amazon to recruit 7,000 permanent workers in UK during 2020 hiring spree

  The online retail giant’s UK workforce looks set to expand to 40,000 employees by the end of 2020, as its network of fulfilment centres continues to grow

• September 03, 2020 03 Sep'20

  M&S and Ocado enter first week of online delivery partnership

  Customers can now order M&S food through online supermarket Ocado’s website as part of an ongoing partnership between the two retailers

• September 03, 2020 03 Sep'20

  One actor behind Magecart skimmer kit

  RiskIQ has identified that variations in software tools used for Magecart ecommerce site attacks are based on kits from the same group

• September 02, 2020 02 Sep'20

  Asos launches TikTok brand campaign

  Fashion brand Asos has launched a campaign on TikTok to bring awareness of its products to a wider audience

• September 01, 2020 01 Sep'20

  UK government unveils next steps in digital identity plans

  Long-awaited response to July 2019 consultation highlights private sector demands for digital identity support from government

• August 27, 2020 27 Aug'20

  Tech and telecoms advisory group set up to help trade negotiations

  Department of International Trade launches new Trade Advisory Groups to guide trade negotiations with other countries

• August 27, 2020 27 Aug'20

  Asda trials platform for customer parcel updates

  Retailers Asda is trialling delivery management from tech platform Sorted to provide customers who have ordered clothing online with a better customer experience

• August 27, 2020 27 Aug'20

  Aggrieved Amazon employees organise protests at homes of Jeff Bezos

  A newly formed workers’ collective will protest outside the homes of Amazon CEO Jeff Bezos seeking to secure a number of concessions for essential workers

• August 26, 2020 26 Aug'20

  Co-operative cuts branch network and jobs

  Co-operative bank will rely more heavily on its digital channels as 18 more branches are shuttered

• August 20, 2020 20 Aug'20

  Pandemic behaviour shift will continue for many consumers, research finds

  A large number of customers say the way they have been forced to shop during the pandemic will have a lasting impact on their shopping behaviours

• August 07, 2020 07 Aug'20

  Challenger bank sees huge growth during pandemic

  Starling Bank has seen a big increase in its business amid the Covid-19 slowdown

• August 07, 2020 07 Aug'20

  TikTok to be banned in US in 45 days

  Trump says his Executive Orders against Chinese mobile apps are in the interests of dealing with a national emergency

• July 31, 2020 31 Jul'20

  Parents accuse Amazon of inaction in combatting child abuse material online

  Parents protest over Amazon Web Services’ alleged inaction in dealing with child sexual abuse material hosted on its servers

• July 31, 2020 31 Jul'20

  Amazon reports Q2 profit and revenue surge as Covid-19-induced uptick in online sales continues

  Amazon sees profit and revenue surge in the wake of the coronavirus, but growth of its cloud business slows as IT buyers re-prioritise investments because of pandemic

• July 31, 2020 31 Jul'20

  US lawmakers grill big tech chiefs over market power

  Sixth antitrust hearing sees CEOs of major technology companies face combative questioning from members of Congress over their market power and dominance

• July 29, 2020 29 Jul'20

  Campaigners urge government to resist big tech lobbying pressure

  Lobbyists for big tech, supported by senior US politicians, have rallied against stricter regulation of technology companies, and threatened the US-UK trade deal unless Britain scraps plans to levy a digital services tax

• July 29, 2020 29 Jul'20

  Cosmetics firm Avon faces new cyber security incident

  Technical information relating to Avon’s web and mobile sites was inadvertently left exposed on an unsecured Microsoft Azure server

• July 28, 2020 28 Jul'20

  UK government aims fintech industry at Africa

  UK government is building fintech relationships with developing countries, beginning with a pilot programme in Africa

• July 27, 2020 27 Jul'20

  UK fintech investment down by more than 30%

  Less-established fintechs have been hit the hardest by the drop in investment capital, but there is light ahead for those that survive

• July 21, 2020 21 Jul'20

  Why now could be the right time to launch a digital bank

  Launching a bank during a global crisis is fraught with risk, but an established customer base, experience, agility and diversification could help Zopa do just that

• July 16, 2020 16 Jul'20

  Schrems v Facebook: European court strikes down EU-US Privacy Shield agreement

  The European Court of Justice has struck down Privacy Shield, the EU-US data-sharing agreement, creating uncertainty for European countries that share data with the US and pressuring the US to reform surveillance laws

• July 16, 2020 16 Jul'20

  Room for improvement in Dutch digital skills

  The Netherlands has good telecommunications and IT networks that can be used safely and reliably, but there is room for improvement in digital skills among the Dutch

• July 16, 2020 16 Jul'20

  Ocado hired 300 tech workers over past six months

  Online supermarket Ocado has hired a significant number of technology workers over the past six months to cope with coronavirus demand, it announced in its half-year results

• July 15, 2020 15 Jul'20

  Video providers slammed by credential stuffing attacks

  Attacks on the media sector are spiking as cyber criminals try to gain access to valuable consumer accounts

• July 14, 2020 14 Jul'20

  Standard Chartered latest bank to explore quantum computing

  Standard Chartered is working with researchers to establish use cases for quantum computing in the banking sector

• July 08, 2020 08 Jul'20

  Over 15 billion credentials for sale on dark web

  Research by Digital Shadows reveals the scale of the security threat facing consumers as it uncovers 15 billion usernames and passwords stolen in more than 100,000 different data breaches

• July 03, 2020 03 Jul'20

  CIO interview: Nick Burton, chief information and digital officer, Avon International

  The international beauty brand faced a major problem when the UK went into lockdown – how could its door-to-door sales model adapt to a socially distanced world?

• July 01, 2020 01 Jul'20

  FCA estimates about 2.6 million Brits have bought cryptocurrency

  UK financial services regulator says there has been a significant increase in ownership of cryptocurrencies in the UK

• June 30, 2020 30 Jun'20

  BNP Paribas uses biometrics to increase contactless payment limit

  French bank BNP Paribas is enabling customers to make higher value contactless payments through fingerprint-recognition technology

• June 25, 2020 25 Jun'20

  Peer-to-peer lender Zopa gets full banking licence

  Peer-to-peer lending pioneer works towards creating the ‘Netflix of banking’

• June 24, 2020 24 Jun'20

  Amazon’s carbon emissions surge during 2019

  Amazon’s carbon footprint continues to grow, jumping 15% in one year, with the company maintaining it will take some time for its green investments to yield measurable results

• June 23, 2020 23 Jun'20

  Twitter contacts business users over data exposure

  Issue relates to how web browsers cached confidential data entered in Twitter’s ads and analytics services, but is unlikely to have resulted in compromise

• June 19, 2020 19 Jun'20

  Online shopping fraud hits £16m during lockdown

  A quarter of victims were aged between 18 and 26, says Action Fraud

• June 18, 2020 18 Jun'20

  Nordic business is leading open banking charge in Europe

  Nordic region has the right ingredients to prove open banking can benefit consumers, businesses and the economy

• June 15, 2020 15 Jun'20

  Accessories store Claire’s hit by Magecart credit card fraudsters

  Attackers gained access to retailer’s website as long ago as March

• June 12, 2020 12 Jun'20

  Brits get used to life without cash

  British people are getting used to life without cash, as the Covid-19 lockdown forces the adoption of digital payments

• June 10, 2020 10 Jun'20

  Berlin breaks the national mould to become a global hub

  German capital is attracting tech startups from across the world as it cements its position as a leading European hub

• June 09, 2020 09 Jun'20

  Netherlands digital sector yearns for government recognition

  The sector building and supporting the Netherlands’ digital infrastructure wants to be valued as highly as Schiphol airport and the port of Rotterdam are for the Dutch economy

• June 05, 2020 05 Jun'20

  Coronavirus: Digital bank Monzo cuts 120 staff

  Digital challenger Monzo has announced 120 job cuts as it navigates the current economic slowdown