News
IT for financial services
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July 10, 2025
10
Jul'25
Irish bank rolls out AI tools to 10,000 staff
Following exploration of artificial intelligence’s potential in conjunction with staff, AIB is rolling the tools out across the company
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July 10, 2025
10
Jul'25
Four arrested in M&S cyber attack investigation
Police have made four arrests in connection with a trio of cyber attacks on UK retailers Marks & Spencer, Co-op and Harrods
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July 08, 2025
08
Jul'25
July Patch Tuesday brings over 130 new flaws to address
Microsoft patched well over 100 new common vulnerabilities and exposures on the second Tuesday of the month, but its latest update is mercifully light on zero-days
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July 07, 2025
07
Jul'25
Zopa to embed into Manchester’s tech ecosystem
Challenger bank Zopa plans to eventually have 500 staff in its Manchester office, which will launch next month
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July 02, 2025
02
Jul'25
Google fixes type confusion flaw in Chrome browser
An actively exploited type confusion vulnerability in the Google Chrome web browser needs immediate attention from users
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July 02, 2025
02
Jul'25
TSB faces another risky IT migration as Santander eyes UK bank
TSB’s customers were moved to the in-house-developed platform of its parent, Sabadell, in a disastrous migration in 2018
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July 02, 2025
02
Jul'25
Dutch study uncovers cognitive biases undermining cyber security board decisions
Dutch research reveals how cognitive biases can lead to catastrophic security decisions
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July 02, 2025
02
Jul'25
Digital workers at US bank to get their own email accounts
The financial services sector is leading the way when it comes to using AI across operations – and it’s not afraid to talk about it
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July 01, 2025
01
Jul'25
ING Bank transforming operations through agentic AI
Netherlands-headquartered international bank is using artificial intelligence throughout its operations
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June 27, 2025
27
Jun'25
Interview: Developing a CIO strategy for artificial intelligence
We speak to Chris Loake, group CIO at Hiscox, about the roll-out of Microsoft Copilot and how to succeed with AI projects
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June 26, 2025
26
Jun'25
Next phase of fintech reflected in strong financials, says World Economic Forum
Digital-powered finance firms might not be growing their customer base as fast as the immediate post-pandemic period, but revenue and profits are strong
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June 24, 2025
24
Jun'25
UK ransomware costs significantly outpace other countries
UK organisations hit by ransomware attacks paid much higher ransoms than in other countries over the past 12 months, according to study
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June 24, 2025
24
Jun'25
Zopa Bank launches current account earlier than expected
Zopa launches its UK current account, five years after reinventing itself as a challenger bank
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June 20, 2025
20
Jun'25
Cyber Essentials certifications rising slowly but steadily
The number of businesses attaining the NCSC Cyber Essentials certification continues to increase, but much more can be done to raise awareness of the scheme
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June 20, 2025
20
Jun'25
Dutch cloud pioneers face the hard limits of digital sovereignty
The Netherlands’ ambitious talk of digital independence meets the unforgiving economics of global cloud dominance
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June 19, 2025
19
Jun'25
UBS employee data leaked after cyber attack on supplier
UBS and fellow Swiss bank Pictet have been affected by a cyber attack on a procurement service provider
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June 17, 2025
17
Jun'25
Scattered Spider widens web to target insurance sector
Following a series of high-profile attacks on prominent retailers and consumer brands, the Scattered Spider cyber crime collective appears to be expanding its targeting to the insurance sector
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June 17, 2025
17
Jun'25
UKtech50: Vote for the most influential person in UK technology
Our judges have selected the top 50 leaders from a shortlist of nearly 500 people – now it’s your chance to tell us who you think is the most influential person in UK technology
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June 12, 2025
12
Jun'25
UKtech50 2025: the longlist of the UK’s influential tech leaders
Each year, Computer Weekly launches a search for the most influential people in UK IT, asking the tech community who it thinks should be in the top 50 – here is the longlist of everyone nominated for 2025
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June 12, 2025
12
Jun'25
Sweden gets help pulling its sovereign AI socks up
Urgent government calls for more high-powered sovereign computers to fulfil Swedish goal of building a more powerful AI industry answered by foreign financiers, US tech and Europe’s AI emergency fund
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June 11, 2025
11
Jun'25
West Brom Building Society project to meet customers’ digital demands
Calls from customers for a choice of digital channels drove West Brom Building Society’s digital transformation project
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June 11, 2025
11
Jun'25
June Patch Tuesday brings a lighter load for defenders
Barely 70 vulnerabilities make the cut for Microsoft’s monthly security update, but an RCE flaw in WEBDAV and an EoP issue in Windows SMB Client still warrant close attention
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June 10, 2025
10
Jun'25
UK finance regulator tie-up with Nvidia allows firms to experiment with AI
FCA wants to support organisations in testing their ideas for the use of artificial intelligence
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June 10, 2025
10
Jun'25
Third-party security weaknesses threaten Europe’s big banks
Security breaches via third parties increased by 25% at Europe’s largest finance firms
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June 09, 2025
09
Jun'25
Compensation to Post Office scandal victims reaches £1bn milestone
The government has now paid out more than £1bn to victims of the Post Office Horizon scandal
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June 09, 2025
09
Jun'25
Barclays rolls out Microsoft Copilot to 100,000 employees as AI adoption gathers pace
Barclays is doubling down on its adoption of artificial intelligence tools by moving to embrace Microsoft Copilot with a large-scale roll-out of the technology to 100,000 staff
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June 05, 2025
05
Jun'25
Citigroup cuts thousands of staff at China-based tech centres
Financial services giant Citigroup is drastically reducing headcount in its Chinese tech delivery centres as it restructures its technology operation
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June 05, 2025
05
Jun'25
Australia’s CommBank completes migration of data to AWS in AI drive
Putting all of its data in AWS cloud will support bank’s use of artificial intelligence to offer customers more personalised services
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June 04, 2025
04
Jun'25
NCSC sets out how to build cyber safe cultures
The UK’s National Cyber Security Centre has published guidance for security teams and leaders on how to foster accessible and appropriate cyber security cultures in their organisations
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June 03, 2025
03
Jun'25
Fintech growth three times that of finance sector as a whole
Global fintech revenues reached £280bn in 2024, according to Boston Consulting Group report
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May 30, 2025
30
May'25
Tech adaptability helps Zopa unwrap current account and test generative AI
Zopa Bank’s current account, already used by thousands of existing customers, will be made available to the wider public before end of 2025
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May 28, 2025
28
May'25
Remote purchase fraud surges 14%, says banking industry
Brits lost over £1bn to payment fraud in its many forms last year, according to the latest banking industry numbers
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May 27, 2025
27
May'25
Maturing UK fintechs increase tech and cyber security hiring
Increased hiring reflects that fintechs are maturing and now require more cyber security and compliance experts
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May 27, 2025
27
May'25
Armed forces charity steps in to address cyber mental health crisis
CIISec and military charity PTSD Resolution hope to address a gathering mental health crisis among frontline cyber professionals
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May 22, 2025
22
May'25
Microsoft raises posse to target dangerous Lumma malware
Microsoft, along with a consortium of partners, has seized and disrupted a significant part of the Lumma malware-as-a-service network used to steal data and funds
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May 22, 2025
22
May'25
Lloyds and Nationwide to use UK finance sector LLM
Industry-specific large language models could improve customer services, strengthen security and support regulatory compliance
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May 21, 2025
21
May'25
Ransomware attacks dropped by a third last month
Reported ransomware attacks eased off during April following a dramatic spike in the first quarter of 2025
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May 21, 2025
21
May'25
Strong fintech security posture at risk via third-party weak links
Despite having a strong security posture, the financial technology sector could be open to attack via third parties
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May 16, 2025
16
May'25
Mid-career professionals must learn to understand and use AI as GenAI tips balance
Whether in the finance, IT or legal sectors, artificial intelligence will change the way businesses operate and how their people work
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May 15, 2025
15
May'25
How close is quantum computing to commercial reality?
At a recent event, experts explored the progress towards logical qubits and how these will be applied to empower business IT
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May 14, 2025
14
May'25
BBVA creates ChatGPT Store and expands use of the GenAI tool
Data reveals that bank employees are saving an average of almost three hours every week by using ChatGPT
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May 13, 2025
13
May'25
May Patch Tuesday brings five exploited zero-days to fix
Microsoft fixes five exploited, and two publicly disclosed, zero-days in the fifth Patch Tuesday update of 2025
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May 12, 2025
12
May'25
Italian bank signs 10-year deal with Google Cloud
UniCredit will transform operations through cloud, AI and data analytics technologies from Google Cloud
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May 09, 2025
09
May'25
Interview: Amanda Stent, head of AI strategy and research, Bloomberg
Hallucinating AI, which lies through its teeth, keeps Amanda Stent busy at data analytics and intelligence giant Bloomberg
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May 09, 2025
09
May'25
Nordic countries plan offline payment system for disaster backup
Board member of the Bank of Finland reveals plan as likelihood of losing internet connectivity increases amid geopolitical tensions
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May 07, 2025
07
May'25
Oxford Uni adds cyber resilience module to MBA programme
Oxford University’s Saïd Business School is working with cyber response specialist Sygnia to help future business leaders get on top of security
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May 07, 2025
07
May'25
UK hands Indian IT suppliers competitive boost in trade deal
Trade deal will exempt IT workers from India from paying National Insurance contributions for three years
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May 06, 2025
06
May'25
Fintech summit reveals what’s next for sector
The UK’s fintech sector attracted $3.6bn investment last year, which was only bettered by the US, but how will UK fintech continue to grow?
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April 30, 2025
30
Apr'25
Current SaaS delivery model a risk management nightmare, says CISO
JPMorgan Chase security chief Patrick Opet laments the state of SaaS security in an open letter to the industry and calls on software providers to do more to enhance resilience
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April 30, 2025
30
Apr'25
FCA wants ‘safe place’ for finance firms to test artificial intelligence
Financial services regulator proposes artificial intelligence testing environment as part of its AI Lab