News

IT for financial services

• January 27, 2021 27 Jan'21

  Yorkshire Building Society migrating application development to improve customer satisfaction

  Yorkshire Building Society is moving to new application development platform to support the creation of customer-friendly online services

• January 26, 2021 26 Jan'21

  Customers turn to cash as IT issue hits card payments at major supermarkets

  IT problem at payment processing company has forced shoppers to resort to cash in Morrisons and Co-op stores

• January 26, 2021 26 Jan'21

  Cyber fraud a national security issue, says Rusi report

  A report from the Rusi think tank calls for fresh approaches to how we think about fighting fraud

• January 25, 2021 25 Jan'21

  Are banks overburdened with responsibility for money lost to online scams?

  Bank boss calls for cross-industry cooperation to reduce scams that trick people into making instant payments online

• January 22, 2021 22 Jan'21

  Nine out of 10 UK card payments in 2020 were contactless

  Contactless cards payments accounted for around 90% of card payments in the UK in 2020

• January 21, 2021 21 Jan'21

  UKtech50 2021: Vote for the most influential person in UK technology

  Our judges have picked a shortlist, and now we invite readers to tell us who should be chosen as the most influential person in the UK tech scene for 2021 – submit your vote now

• January 20, 2021 20 Jan'21

  HSBC closing more branches as customers turn to digital channel

  Bank announces branch closures as it reshapes its network for the digital age

• January 19, 2021 19 Jan'21

  Questions raised by New Zealand central bank boss, following cyber attack investigation

  The governor of New Zealand’s central bank said the organisation must answer questions about its security following a ‘significant’ attack

• January 18, 2021 18 Jan'21

  UKtech50: The 2021 longlist

  Each year, Computer Weekly launches its annual search for the most influential people in UK IT, where the tech industry nominates who it thinks should be in the top 50 – here is the longlist for 2021

• January 15, 2021 15 Jan'21

  Tech partnership to drive Finland’s quantum computing project

  Organisations in Finland are developing quantum computing capabilities through a state and private sector partnership

• January 14, 2021 14 Jan'21

  Experian calls for less bureaucratic data regulations

  Open banking requires cross-industry collaboration, but sharing personal data requires explicit consent, which can become a bottleneck

• January 14, 2021 14 Jan'21

  Numbers stack up for UK open banking three years on

  Three years have passed since open banking regulations came into force and momentum is gathering

• January 13, 2021 13 Jan'21

  Three-quarters of finance firms report more potentially criminal activity in their networks

  Fears of failing to comply with strict regulations grow as financial services firms identify more suspicious financial activity on their networks

• January 13, 2021 13 Jan'21

  European IT outsourcing spend up in 2020 after cloud boost

  IT outsourcing sector growth is an indication that businesses are beginning to see light at the end of the tunnel amid the Covid-19 pandemic and the economic disruption it has brought

• January 12, 2021 12 Jan'21

  Retail giant Walmart to launch a fintech

  Fintech will be geared towards offering the services Walmart’s customers and employees want

• January 12, 2021 12 Jan'21

  IR35 private sector reforms: Research highlights lack of preparedness ahead of April 2021 start date

  As the private sector start date for the IR35 reforms looms large, research suggests some companies are still dragging their feet with their preparations

• January 12, 2021 12 Jan'21

  Bahrain hopes 5G roll-out will attract more tech firms to its shores

  Bahrain has completed its 5G roll-out, which will support its IT infrastructure in creating the right environment for technology firms

• January 11, 2021 11 Jan'21

  Jobs in fintech bounce back after brief lockdown lull

  Fintechs and payments companies need to make staff recruitment a priority as talent pool shrinks

• January 11, 2021 11 Jan'21

  New Zealand central bank IT system breached in cyber attack

  Bank is responding to a cyber attack after hackers breached the system of a third-party supplier

• January 08, 2021 08 Jan'21

  Which? online banking investigation reveals ‘worrying gaps’ in security

  Consumer rights organisation has ranked the security of UK online current account providers

• January 07, 2021 07 Jan'21

  Trump bans Chinese payment apps

  US president signs executive order banning the use of Chinese payments app, citing national security risks

• January 07, 2021 07 Jan'21

  DBS opens tech academy in skills training drive

  The DBS Future Tech Academy will focus on training the bank’s technologists in three disciplines for a start – site reliability engineering, data processing and analytics, and application security

• January 05, 2021 05 Jan'21

  Huawei battles for market access in Nordics

  Chinese networking equipment supplier Huawei fights to retain access to potential 5G contracts across the Nordic region

• January 05, 2021 05 Jan'21

  Banking trade body calls for increased contactless payment limit

  UK Finance proposes an increase in the limit on spending using contactless cards

• January 05, 2021 05 Jan'21

  AAT calls on government to re-think the Making Tax Digital exemption threshold

  The Association of Accounting Technicians calls for improvements to HM Revenue and Customs’ Making Tax Digital programme, and says the exemption threshold, currently at £10,000, should be raised

• December 31, 2020 31 Dec'20

  Pandemic heroes dominate New Year Honours List 2021

  The New Year Honours List 2021 is remarkable for its recognition of those who have excelled during the Covid-19 public health emergency, including digital and data professionals

• December 29, 2020 29 Dec'20

  Top 10 financial services stories of 2020

  Here are Computer Weekly’s top 10 financial services IT stories of 2020

• December 24, 2020 24 Dec'20

  Top 10 Middle East stories of 2020

  Here are Computer Weekly’s top 10 Middle East stories of 2020

• December 22, 2020 22 Dec'20

  Swedish central bank moves e-krona project to next stage

  Riksbank takes digital currency project to the next phase with Accenture building a platform to test the concept

• December 21, 2020 21 Dec'20

  Top 10 enterprise IT in the Nordics stories of 2020

  Here are Computer Weekly’s top 10 Nordic enterprise IT stories of 2020

• December 18, 2020 18 Dec'20

  Prepare for bringing people back to the office with the Nordic tech startup blueprint

  Business can learn lessons from Nordic tech startups to prepare employees to return to the office after Covid restrictions

• December 17, 2020 17 Dec'20

  Post Office suffers latest court defeat in Horizon IT scandal

  Court of Appeal indicates subpostmasters can pursue appeal route that could do more damage to Post Office’s reputation

• December 17, 2020 17 Dec'20

  Danske Bank fights money laundering with AI

  Danske Bank is using artificial intelligence to help it prevent a repeat of the huge money laundering scandal that hit one of its operations in Estonia

• December 15, 2020 15 Dec'20

  Covid-19 sparks boom in Middle East digital payments sector

  Stubborn cash use could fall in the Middle East after an acceleration in the take-up of digital payments amid the coronavirus pandemic

• December 15, 2020 15 Dec'20

  Interview: Sudaman Thoppan Mohanchandralal, chief data and analytics officer, Allianz Benelux

  The financial services firm is demonstrating the value of the chief data officer role

• December 11, 2020 11 Dec'20

  Agility key to pandemic recovery, say APAC CFOs

  Chief financial officers in the Asia-Pacific region call for financial transformation to bring about the agility that their organisations need to tide over the pandemic

• December 10, 2020 10 Dec'20

  Challenger banks hindered by lack of customer confidence

  Despite an acceleration in the use of digital banking services, challenger banks face the obstacle of winning customer trust

• December 08, 2020 08 Dec'20

  Societe Generale latest banking giant to cut costs and increase digital investment

  French bank Societe Generale is merging two retail brands and increasing investment in its digital offering to meet its ambitious customer acquisition plans

• December 07, 2020 07 Dec'20

  Singapore government to boost blockchain adoption

  Singapore government unveils S$12m programme to promote development and adoption of blockchain applications beyond financial services

• December 04, 2020 04 Dec'20

  What next for the now-profitable app-based Starling Bank?

  Starling bank is the first of the new breed of UK digital banks to make a profit, so where next?

• December 03, 2020 03 Dec'20

  Allied Irish Bank prioritises digital services as it cuts workforce

  Bank is cutting its operating costs by 10% with job cuts and facility closures, but will continue to invest heavily in technology

• December 03, 2020 03 Dec'20

  Bank of England enlists development partner to unlock cloud

  Bank has agreed a two-year deal with a cloud development platform provider as it seeks to take its cloud journey to the next level

• December 03, 2020 03 Dec'20

  Lax Android app developers putting millions of users at risk

  Eight months after Google patched a critical vulnerability, developers have failed to update their apps, putting millions of users of apps such as dating services Bumble and Grindr at risk

• December 02, 2020 02 Dec'20

  CIO interview: John Davison, First Central Group

  For the last nine years, John Davison has provided an IT strategy to drive business operations. Automation is the next phase of that strategy

• December 01, 2020 01 Dec'20

  ABN Amro to sell head office as it focuses on enabling remote working

  Dutch bank is selling its head office and redesigning another facility to facilitate increased home working

• December 01, 2020 01 Dec'20

  22,000 malicious .uk domains suspended in past year

  Nominet has suspended just over 22,000 domains in the 12 months to 31 October 2020, continuing a downward trend, and with less impact from Covid-19 than might be expected

• December 01, 2020 01 Dec'20

  Government covers its ears as complaint by victims of Post Office abuse heads to ombudsman

  Government denies responsibility for the abuse inflicted on subpostmasters by the Post Office over faulty IT system

• November 30, 2020 30 Nov'20

  $60m Middle East tech fund targets 120 startups

  Venture capital fund expects rapid regional technology growth in the post-Covid-19 world

• November 27, 2020 27 Nov'20

  CIO interview: Simon Bateman, Allica Bank

  Challenger bank has built its entire core banking system from scratch using the Azure public cloud and an API ecosystem

• November 26, 2020 26 Nov'20

  Data safes will give users control over their data

  Belgian computer scientist tells Computer Weekly how people can regain control of their online personal information