News

IT for financial services

• March 13, 2019 13 Mar'19

  Bank of England’s large IT spend partly due to use of manual processes and legacy systems

  The Bank of England admits there is room for improvement when it comes to IT efficiency

• March 12, 2019 12 Mar'19

  Nationwide uses natural language processing to discover what annoys customers

  SAS has run a proof of concept at building society Nationwide, using artificial intelligence and natural language processing to determine how to improve customer correspondence

• March 11, 2019 11 Mar'19

  NatWest launches biometric card pilot

  NatWest Bank is set to trial biometrics-based cards with 200 customers to verify contactless payment transactions over £30

• March 09, 2019 09 Mar'19

  ICO data raises doubts over UK firms’ ability to manage breaches

  Most ICO data breach reports late and incomplete prior to full GDPR implementation, FoI request data reveals, raising doubts about breach prevention, detection and response capabilities

• March 08, 2019 08 Mar'19

  Equifax defends against scathing Senate report

  Equifax chief says firm did take cyber security seriously in a response to a scathing Senate report on the credit rating agency’s 2017 data breach, which experts say highlights failings around open source software

• March 07, 2019 07 Mar'19

  ICO head still in top three of DataIQ data leader list

  The UK’s information commissioner remains in the top three data leaders after claiming top spot in 2018 in the DataIQ 100 list of most influential data leaders, but GDPR is not the only focus in the industry

• March 07, 2019 07 Mar'19

  Machine identities for sale on dark web, business warned

  Academics and security professionals are warning businesses that certificates used to establish trust and privacy on the internet are being weaponised and sold to cyber criminals bundled with other services

• March 07, 2019 07 Mar'19

  Tech under spotlight at High Court in second subpostmasters versus Post Office trial

  The second trial in a court battle between the Post Office and the people who run branches analyses alleged bugs in the computer system they use

• March 05, 2019 05 Mar'19

  Santander latest bank to tap Google experience

  Spanish banking giant is tapping IT skills from Google through its latest senior tech appointment

• March 04, 2019 04 Mar'19

  Cyber awareness of UK boards found wanting

  Boards of many of the UK’s biggest firms must do more to be cyber aware, according to a government report.

• March 04, 2019 04 Mar'19

  Danske Bank builds on machine learning to predict IT failures

  Danish bank is using artificial intelligence to help it prevent IT outages that could damage its reputation with customers

• March 01, 2019 01 Mar'19

  IBM deal to drive Nordea’s IT-led transformation

  Nordea is expanding its relationship with IBM through a deal that will give it access to the skills and resources required to keep pace with the digital revolution in banking

• March 01, 2019 01 Mar'19

  BBC reveals high frequency of UK banking outages from data mandated by the FCA

  BBC analysis of IT outages at UK banks, evident in data mandated by the Financial Conduct Authority since August 2018, reveals them to occur at least once a month at each current account provider

• February 27, 2019 27 Feb'19

  Dutch companies lack knowledge of IoT’s benefits

  Many organisations in the Netherlands are missing out on the benefits of the internet of things because they lack awareness of its potential

• February 25, 2019 25 Feb'19

  Nordic tech is increasing diversity but more needs to be done

  The shortage of women in the boardroom is a problem in the Nordics, like other regions, but work in its tech sector means the future could be more promising