News

IT for financial services

• April 20, 2018 20 Apr'18

  Account takeover up tenfold in past year

  The incidence of online account takeover and the proportion of high-risk account access attempts underlines the need for improved authentication, says fraud detection firm

• April 19, 2018 19 Apr'18

  UK and Indian governments agree tech partnership

  Agreement aims to identify organisations in the two countries that can work together and open up opportunities for tech entrepreneurs

• April 19, 2018 19 Apr'18

  Mastercard calls for global online payments standard

  Mastercard and its EMV partners are pushing for online payments standards similar to those for point-of-sale payments

• April 18, 2018 18 Apr'18

  Huawei debuts its first intent-based networking proposition

  At its Shenzhen Analyst Summit, Huawei unveiled its intent-based networking concept, promising to address enterprise customer pain points around network management

• April 18, 2018 18 Apr'18

  DDoS attacks cost up to £35,000

  Despite the direct financial impact of DDoS attacks, this is not considered to be the most damaging effect on companies targeted this way, a survey shows

• April 17, 2018 17 Apr'18

  UK identity fraud reaches record level

  The level of identity fraud has reached its highest level to date, a UK fraud report shows

• April 17, 2018 17 Apr'18

  Artificial intelligence will help Metro Bank customers manage their money

  Service will use AI and predictive analytics to provide personalised prompts to help customers control their spending

• April 16, 2018 16 Apr'18

  Santander uses Ripple technology to offer international payments

  Santander has launched an international fund transfer service for retail customers in the UK about two years after it started testing the blockchain-based application

• April 16, 2018 16 Apr'18

  Fintech sector increasingly attractive compared to traditional banking for IT professionals

  Fintech job vacancies are growing, while less are being advertised in traditional banking sector companies

• April 13, 2018 13 Apr'18

  Addressing consumer concerns will drive success for open banking

  Experts say consumers will feel more comfortable about sharing their data as part of open banking once more valuable use cases become available

• April 11, 2018 11 Apr'18

  Finnish government backs national AI development strategy

  Government is harnessing Finland’s tech base to help make the country a leading location for the artificial intelligence industry

• April 10, 2018 10 Apr'18

  PayPal is latest tech giant to eye traditional banking

  PayPal set to launch launch traditional retail banking services in the first half of this year

• April 10, 2018 10 Apr'18

  Ransomware top cyber threat, DBIR shows

  Ransomware remains the top cyber security threat to organisations, humans continue to be significant weakness and HR departments are a top target, according to the latest Verizon Data breach investigations report

• April 09, 2018 09 Apr'18

  More than one in 10 employees fall for social engineering attacks

  Employees download malicious files, click phishing links, correspond with hackers, and even share contact information for their colleagues, a report reveals

• April 09, 2018 09 Apr'18

  HSBC adopts fintech to fight money laundering

  HSBC is using technology from a fintech startup to help it monitor transactions for potential money laundering