News

IT for financial services

• June 19, 2019 19 Jun'19

  Luxembourg tech startups get premium connections

  Luxembourg is at the centre of a continent with ambitious plans to develop a thriving tech industry, but what makes it different?

• June 18, 2019 18 Jun'19

  Facebook announces global digital currency Libra

  Facebook is launching digital coin to open up affordable financial services to the world

• June 18, 2019 18 Jun'19

  Openreach trials will speed up broadband upgrade

  Tests to focus on process of migrating households and businesses to fibre to the premise and voice over IP

• June 17, 2019 17 Jun'19

  DevSecOps is key to uniting opposing forces

  Unifying DevOps and security teams with the aid of automation will bring harmony and added business benefits, says systems engineer

• June 17, 2019 17 Jun'19

  HMRC urged to delay April 2020 extension of IR35 rules to private sector by 'at least' 12 months

  An analysis of the responses HMRC has reportedly received to its consultation on extending the IR35 tax avoidance reforms to the private sector suggests the tax agency is coming under pressure to put its plans on hold for at least 12 months

• June 13, 2019 13 Jun'19

  AI-enabled cyber attacks a reality soon, warns Mikko Hypponen

  Technology continues to shape human conflict and artificial intelligence will be no exception, so business needs to up its ability to detect attacks and respond, says security expert

• June 12, 2019 12 Jun'19

  From oil crash to tech startup boom in Norway

  For countries highly dependent on oil, the global price crash had huge potential ramifications – one of which, in Norway, was the development of a thriving technology sector

• June 11, 2019 11 Jun'19

  Most code-signing processes insecure, study shows

  The majority of organisations are failing to enforce security for code-signing processes, providing opportunities for cyber criminals, a survey reveals

• June 11, 2019 11 Jun'19

  Implementing Dmarc a top priority for UK

  Basic email security should be a top priority for UK firms, followed by reducing third-party web exposure and monitoring data flows leaving the enterprise, a Rapid7 study reveals

• June 10, 2019 10 Jun'19

  TSB makes key appointment in IT restructure

  Mark Curran moves from CYBG to head up reorganisation that will see control of TSB’s IT transferred to an internal team from parent company’s tech subsidiary

• June 10, 2019 10 Jun'19

  Large firms look to zero-trust security to reduce cyber risk

  In the face of increasing cyber breach risk as organisations move to hybrid multi-cloud IT environments, just over half of large firms in Europe are planning a zero-trust approach to security

• June 07, 2019 07 Jun'19

  CIO interview: John Finch, Refinitiv

  Refinitiv CIO John Finch says finding people with the right level of data science skills is his biggest challenge

• June 06, 2019 06 Jun'19

  Firms face targeted bespoke cyber attacks, dark web study reveals

  Academic study exposes prolific availability and demand for tailored malware, network access and corporate espionage services, which suggests many firms’ cyber defences are below standard

• June 06, 2019 06 Jun'19

  Half of CFOs frustrated by complex accounting systems

  Chief financial officers need to upgrade to easier-to-use accounting systems, but are strapped for time and lack the resources to make the right choices, according to survey

• June 05, 2019 05 Jun'19

  CIO interview: Chris Worle, chief digital officer, Hargreaves Lansdown

  Former marketing director is defining the newly created CDO role at the financial services firm, and is starting to appreciate the cultural changes involved in digital transformation

• June 05, 2019 05 Jun'19

  London could be world cyber risk leader, says ex-Lloyd’s chief

  Collaboration across the cyber insurance, technology and security organisations in London could make the capital a leading world centre on these topics, says former Lloyd’s of London boss

• June 05, 2019 05 Jun'19

  Emirates NBD builds bank of future with Amazon Web Services

  UAE bank is accessing the latest technology through a close relationship with IT giant Amazon Web Services

• June 03, 2019 03 Jun'19

  Most of today’s enterprise blockchain platforms will need replacing in two years

  Most blockchain platforms currently being used in enterprises will have to be replaced in the next couple of years, says Gartner

• June 03, 2019 03 Jun'19

  More than half of UK workforce lacks essential digital skills, says Lloyd’s

  In the modern world, digital skills are becoming increasingly important, but a large amount of the UK workforce doesn’t measure up, Lloyd’s has found

• May 30, 2019 30 May'19

  2.3 billion business and consumer data files exposed online

  In the year since the GDPR compliance deadline, the number of data files exposed online without adequate protection is up more than 50% due to misconfigured security controls, report reveals

• May 28, 2019 28 May'19

  Swedes need to keep a week’s cash under the bed

  The Swedish population is being advised to keep enough cash at home to last a week in case of problems such as online banking crashes

• May 24, 2019 24 May'19

  No real change a year into GDPR, says privacy expert

  A year after the GDPR compliance deadline, many organisations still have a lot of work to do to make real changes and shift focus away from fines to business value and gain, says PwC’s GDPR and data protection lead

• May 23, 2019 23 May'19

  Police shut down Bestmixer bitcoin laundering service

  The Bestmixer cryptocurrency laundering service has been shut down by Dutch anti-fraud police with support from Europol after a tip off by cyber security researchers at McAfee, significantly disrupting cyber criminal money flows

• May 22, 2019 22 May'19

  GoCardless migrates to cloud and gets Google engineering capability

  Fintech has moved from an IBM infrastructure as a service to Google’s cloud platform

• May 22, 2019 22 May'19

  Hundreds of European retail banks will disappear as challengers scoop up customers

  One in every 10 banks in Europe will no longer exist as digital challengers take customers from them

• May 21, 2019 21 May'19

  MoneySupermarket.com orchestrates data pipeline with GKE

  The price comparison site has used container orchestration to split its machine learning data pipeline into parallel processes

• May 21, 2019 21 May'19

  UC Expo 2019: Experts talk up future tech in unified communications

  Automation and AI are increasingly prevalent in unified comms, but do enterprises really need it?

• May 20, 2019 20 May'19

  Lloyds Bank creates 500 IT roles in Scotland

  New recruits will support banking group’s digital transformation as it aims to give customers “Google-like experiences”

• May 20, 2019 20 May'19

  Danske Bank launches initiative to help SME customers with cyber security

  Danske Bank launches initiative to support the cyber security efforts of its SME customers

• May 17, 2019 17 May'19

  École Hôtelière de Lausanne puts Amelia the robot at its core

  When Switzerland-based hospitality school EHL began to automate processes, it was met with staff inertia, but that all changed after its benefits became clear

• May 17, 2019 17 May'19

  Identity custodians needed in digital era

  Digital identity systems will fail if they do not take humans into account, warns identity innovator, suggesting that a ‘digital guardian’ could help overcome most of these challenges

• May 17, 2019 17 May'19

  GozNym bust underlines cyber crime threat

  A criminal network using GozNym malware has been shut down in an international law enforcement operation, but others are still operating, underlining the need for vigilance, warns a security expert

• May 16, 2019 16 May'19

  Fujitsu sets out to restore trust in technology

  Trust in technology, how to recapture it, and how to ensure AI doesn’t overstep its bounds were the big messages on the opening day of Fujitsu Forum in Tokyo

• May 15, 2019 15 May'19

  UK pensions trust launches £1.5bn tender for digital services delivery

  The National Employment Savings Trust wants its new supplier to build innovations such as data analytics to services provided via digital channels

• May 14, 2019 14 May'19

  Public sector outsourcing spend plummets

  Private sector outsourcing dominated spending in the UK during the first quarter of 2019

• May 14, 2019 14 May'19

  Electronic ID in the Nordics – a model for other countries?

  Use of electronic identity schemes in Sweden, Norway, Finland and Denmark is far ahead of other countries – but why?

• May 10, 2019 10 May'19

  Reducing poverty through fintech at the Bill and Melinda Gates Foundation

  Kosta Peric swapped a life innovating for banks to work on increasing financial inclusion in the developing world

• May 10, 2019 10 May'19

  Dutch businesses not yet implementing NIS Directive

  Little urgency to comply with the Network and Information Systems Security Act, which seeks to protect the Netherlands’ vital infrastructure and digital services from cyber attack

• May 09, 2019 09 May'19

  Deutsche Börse harnesses Microsoft cloud

  German stock exchange signs deal with Microsoft that will not only benefit the exchange, but other organisations in the sector that are considering cloud migration

• May 07, 2019 07 May'19

  Swedish government tells citizens to hoard cash in case of cyber attack

  Civil Contingencies Agency says cash is needed in case of emergencies such as technology failures and cyber attacks

• May 03, 2019 03 May'19

  Co-operative Bank creates over 100 IT jobs in Manchester

  The Co-operative Bank is looking for talent to support its digital strategy and previous banking and IT experience is not a necessity

• May 02, 2019 02 May'19

  Firms urged to embrace positive security trends to win cyber war

  Modern cyber security challenges overshadow the information security successes of the past, but several positive trends are emerging as defenders come to grips with new threats, says Deloitte

• May 02, 2019 02 May'19

  Microservices introduce hidden security complexity, analyst warns

  Microservice architecture – an approach to application development in which applications are built as a suite of modular services – simplifies development but complicates security, says KuppingerCole

• May 01, 2019 01 May'19

  Middle East Interview: Bahrain fintech drive gathers speed

  Bahrain wants to be a launchpad into the wider region for financial technology firms looking to scale

• May 01, 2019 01 May'19

  Danish financial services regulator launches sandbox initiative

  FT Lab offers fintech startups a platform to test out their products in a secure environment

• May 01, 2019 01 May'19

  Get more proactive on cyber security, says ex Europol chief

  Business needs to get more proactive, collaborative, resilient and analytical to manage cyber risks posed by cyber criminals down to acceptable levels, says former Europol chief

• April 30, 2019 30 Apr'19

  Nearly half of UK IT pros report serious data breaches

  Integration of security systems and employee training recognised as key ways to reduce the growing severity of data breaches

• April 29, 2019 29 Apr'19

  Fix the basics first, then worry about AI, advise experts

  The freedom of the internet is at risk, with the cyber arms race and the industrialisation of hacking are set to continue as attackers move up the value chain to target trust mechanisms, threat experts predict

• April 29, 2019 29 Apr'19

  Danske Bank and IBM bring AI to banking IT

  Artificial intelligence partnership is designed to reduce the risk of major IT outages and keep the bank’s customers happy

• April 24, 2019 24 Apr'19

  Challenger bank Tandem migrates to AWS in one weekend

  Customer migration to Amazon Web Services demonstrates challenger banks’ agility in moving quickly to the latest technology