News

IT for financial services

• April 08, 2026 08 Apr'26

  Azure customers up in arms over ‘full’ UK South region

  Microsoft customers report being refused capacity, migration projects stuck halfway, and accusations that AI is being prioritised over ‘bread and butter’ offerings

• April 07, 2026 07 Apr'26

  Russian cyber spies targeting consumer, Soho routers

  The UK’s NCSC and Microsoft have shared details of an ongoing cyber espionage campaign targeting vulnerable network routers, orchestrated by Russian state actor Fancy Bear

• April 01, 2026 01 Apr'26

  AI driving changes in Nordic financial services

  Traditional Nordic financial services businesses are reshaping to take on a new breed of competition

• March 30, 2026 30 Mar'26

  Stop Scams steps up to online fraud challenge

  After years of putting the building blocks in place, Stop Scams is ready and able to react quickly to fight emerging fraud threats

• March 27, 2026 27 Mar'26

  Lloyds admits coding fault exposed customer transactions

  The bank has responded to the Treasury Committee’s request for information on a major data breach in its banking app

• March 26, 2026 26 Mar'26

  Bank of England IT project offers lessons for wider government

  The UK central bank’s core IT system replacement project surprised MPs, who were unaccustomed to reviewing success stories – its achievement could potentially serve as a model for future government IT initiatives

• March 25, 2026 25 Mar'26

  Emergency Microsoft, Oracle patches point to wider cyber issues

  Emergency out-of-band patches from Microsoft and Oracle signal underlying security issues around update cycles and patching, and identity security and zero-trust, says the community

• March 24, 2026 24 Mar'26

  HSBC gets its first artificial intelligence chief

  UK bank appoints its first executive position dedicated to artificial intelligence as the technology embeds across the sector

• March 20, 2026 20 Mar'26

  Interview: Jem Walters, CTO, Vanquis

  Having come into the company through the acquisition of his money-saving app, the IT chief is bringing an agile and startup culture to the 146-year-old financial services firm

• March 19, 2026 19 Mar'26

  Cisa tells US organisations to harden endpoint management after Stryker attack

  Last week’s cyber attack on the systems of a US medical services company by Iranian hacktivists has prompted an alert from Cisa, urging organisations to reinforce their defensive posture

• March 19, 2026 19 Mar'26

  AI makes debut in Bridewell cyber security in CNI report

  Regulation has superseded cyber threats as the main driver of cyber security spending, and AI has made its debut for attack and defence, according to a CNI-focused report from Bridewell

• March 19, 2026 19 Mar'26

  Zopa Bank continues its transformation with further growth

  UK digital challenger bank has 1.7 million customers, five years after it completed its transformation from a peer-to-peer lender

• March 19, 2026 19 Mar'26

  Apple issues first Background patch for WebKit browser flaw

  Apple’s first ever Background Security Update fixes a WebKit browser engine bug that could enable threat actors to see and steal important data from their victims

• March 17, 2026 17 Mar'26

  Digital IDs edge closer to practical reality for UK businesses

  Industries and policymakers are strongly aligned on the need for digital company IDs for UK businesses, as progress is made towards the implementation of a practical standard

• March 17, 2026 17 Mar'26

  MPs ask Lloyds Bank for more information about ‘alarming’ breach

  Treasury Committee chair requests more information about the IT problem experienced by Lloyds Bank

• March 17, 2026 17 Mar'26

  Contactless payment limit removal will happen overnight, but change won’t

  Banks will be able to set their own contactless card payment limits from 19 March, following rule change by Financial Conduct Authority

• March 17, 2026 17 Mar'26

  Nordea to slash 1,500 jobs as AI impact grows

  Nordic bank to reduce headcount as it continues to introduce changes to meet its 2030 targets

• March 16, 2026 16 Mar'26

  Companies House restarts online services following cyber breach

  Companies House was forced to pull its WebFiling service offline at the weekend after it emerged that a flawed update was putting data at risk of exposure

• March 12, 2026 12 Mar'26

  Lloyds banking app ‘glitch’ shows transactions of strangers

  Customers of Halifax, Bank of Scotland and Lloyds Bank experienced a glitch this morning, where details of other customers’ transactions were displayed in their online banking apps

• March 11, 2026 11 Mar'26

  UK government announces package to get more women in tech

  The UK government aims to add billions of pounds to the economy through getting more women into the tech sector

• March 11, 2026 11 Mar'26

  Cyber industry welcomes women, but challenges persist

  Three-quarters of women working in security say they feel comfortable in the field, but women are still much more likely to be laid off and face persistent challenges around career advancement, according to a report

• March 11, 2026 11 Mar'26

  Salesforce tracks possible ShinyHunters campaign targeting its users

  Salesforce warns users of an uptick in malicious activity targeting Experience Cloud customers with misconfigured user settings via an open source tool

• March 10, 2026 10 Mar'26

  Microsoft patches zero-days in .NET and SQL Server

  Zero-days in .NET and SQL Server, and a handful of critical RCE bugs, form the nucleus of Microsoft’s March Patch Tuesday update

• March 10, 2026 10 Mar'26

  Open banking presents £43bn opportunity for UK economy if warnings are heeded

  Open banking has already delivered billions of pounds to the UK economy and has huge future potential, but industry leaders warn against complacency

• March 09, 2026 09 Mar'26

  UK to launch cyber fraud squad in April

  The UK’s Online Crime Centre, launching next month, will bring together government, police, intelligence agencies, banks, mobile networks and tech firms to take coordinated action against cyber fraud

• March 09, 2026 09 Mar'26

  DBS rewires operating models for AI reasoning era

  The bank expects AI tools to evolve from being a copilot to an autopilot as it undergoes organisational transformation to prepare its workforce for agentic AI

• March 06, 2026 06 Mar'26

  Lloyds Bank to sell more customer data and cut costs by 35%

  High street giant will increase proportion of total staff that work in technology and data

• March 06, 2026 06 Mar'26

  Nordics ally with Baltics to accelerate digital wallet roll-out

  Baltic and Nordic countries work together on a common certification system to support digital wallet applications

• March 05, 2026 05 Mar'26

  Sweden recommends citizens keep £81 in cash per adult in case of payment system crash

  The central bank of Sweden says rapid digitisation could cause vulnerabilities in payment systems

• March 05, 2026 05 Mar'26

  Spyware suppliers exploit more zero-days than nation states

  Exploitation of zero-days by commercial surveillance and spyware developers outpaced exploitation by nation-state actors last year, according to a report

• March 04, 2026 04 Mar'26

  Iranian hacktivists muster their forces but state APTs lay low

  Hacktivist activity surrounding the Iran war is sky-high but Iran’s state-backed cyber espionage actors have yet to show their hands, giving security teams a valuable window of time to shore up their defences

• March 04, 2026 04 Mar'26

  Zero-day in Android phone chips under active attack

  Google and Qualcomm have tag-teamed a serious vulnerability in the chipsets used in Android mobile devices, which has been exploited in the wild as a zero-day

• March 04, 2026 04 Mar'26

  Tycoon2FA phishing platform dismantled in major operation

  A Europol-led sting against the infamous Tycoon2FA MFA bypass phishing service has been successful, with operations disrupted and ringleaders and cyber criminal users identified

• March 03, 2026 03 Mar'26

  Santander and Mastercard complete test of AI-initiated payment

  Bank and payments giant complete first payment initiated by artificial intelligence in a controlled environment

• March 03, 2026 03 Mar'26

  NCSC: No increase in cyber threat from Iran, but be prepared

  While cyber threat levels remain stable following the outbreak of war in the Middle East at the weekend, at-risk organisations in the UK should take steps to ward off potential reprisals from Iran-linked threat actors

• March 03, 2026 03 Mar'26

  NS&I seeks Bank of England counsel over project disaster

  The Bank of England’s successful IT transformation, praised by the National Audit Office, is being used as a model for government departments, including NS&I, which faces a failing IT project

• February 27, 2026 27 Feb'26

  UK has laid track for open banking, but failed to run trains

  The UK risks losing its fintech leadership, with open banking progress slow, as countries such as the UAE and India advance rapidly

• February 26, 2026 26 Feb'26

  Qilin crew continues to dominate ransomware ecosystem

  The Qilin ransomware gang remained ‘top dog’ in January 2026, with over 100 observed cyber attacks to its name, amid a rapidly evolving and fragmenting cyber criminal ecosystem

• February 26, 2026 26 Feb'26

  Santander pins €1bn business value gain on AI

  Bank said artificial intelligence will be fully embedded into the business, personalising customer experiences

• February 25, 2026 25 Feb'26

  Application exploitation back in vogue, says IBM cyber unit

  IBM’s X-Force unit observes an uptick in the exploitation of vulnerable public-facing software applications

• February 25, 2026 25 Feb'26

  Institutionalised AI puts Visa top of ranking

  The payment card services giant leads the way in applying artificial intelligence in its sector, according to research

• February 24, 2026 24 Feb'26

  Aviva prepares for life after CIO retirement with early announcement

  Aviva has named the replacement for its outgoing technology chief, with former BT IT executive joining in the summer

• February 24, 2026 24 Feb'26

  Starling expands internationally as demand for banking as a service continues to rise

  UK challenger bank has expanded its banking-as-a-service business with entry into New Zealand

• February 23, 2026 23 Feb'26

  €126bn in Dutch tech projects blocked by permits and grid limits

  Ex-ASML chief Peter Wennink’s deregulation solution triggers warnings from academics and government advisors

• February 19, 2026 19 Feb'26

  Bank of Ireland UK fined for late security system implementation

  The payments regulator has fined the bank nearly £4m after it missed a deadline to implement a system to check payees

• February 19, 2026 19 Feb'26

  Minister wants ‘logical conclusion’ to review of digital evidence in light of Post Office scandal

  House of Lords debate saw government minister make an ambiguous promise in regard to the treatment of computer evidence in court

• February 18, 2026 18 Feb'26

  Flaws in Google and Microsoft products added to Cisa catalogue

  Cisa has added six CVEs to its Kev catalogue this week, including newly disclosed issues in Google Chromium and Dell RecoverPoint for Virtual Machines, and some older flaws as well

• February 18, 2026 18 Feb'26

  0APT ransomware crew makes embarrassing splash

  A ransomware gang called 0APT has attracted attention, but many of its victims may not even be real, and its operators are being accused of over-egging their criminal pudding

• February 17, 2026 17 Feb'26

  Artificial intelligence ‘creeping into’ high-risk stock trading

  Growing reliance on artificial intelligence is encroaching into the stock market, finds research

• February 17, 2026 17 Feb'26

  Banks to discuss UK alternative to Visa and Mastercard

  Banks prepare to discuss a new payments infrastructure that would remove heavy reliance on US firms