News

IT for financial services

• January 21, 2018 21 Jan'18

  Cloud firm speeds customer analytics with Pure Storage arrays

  Cloudhelix replaces Pernix Data storage with Pure Storage FlashArray products to provide “brute force” performance approach for unpredictable customer workloads

• January 18, 2018 18 Jan'18

  Nordic IT executive interview: Daniel Kjellén, CEO, Tink

  Sweden could have a head start in the race to open up banking through the European Union’s PSD2 regulation

• January 18, 2018 18 Jan'18

  Next-gen Mirai botnet targets cryptocurrency mining operations

  A variant of the Satori botnet, a successor of the IoT device hijacking Mirai botnet, is designed to hijack cryptocurrency mining operations, syphoning off newly created digital coins

• January 17, 2018 17 Jan'18

  North Korean hackers tied to cryptocurrency attacks in South Korea

  North Korea's Lazarus Group targeted South Korean cryptocurrency exchanges and users in late 2017, but may soon go after exchanges and users in other countries, warns report

• January 17, 2018 17 Jan'18

  Davos: Disintegration of the internet could create economic turmoil

  Politicians and business leaders will discuss the risks posed by fake news, cyber attacks, and artificial intelligence to jobs, political stability and global security, at the World Economic Forum in Davos

• January 17, 2018 17 Jan'18

  UBS uses predictive analytics to manage its travel spend

  Swiss bank is getting a better insight into its business travel costs through an automated software platform

• January 16, 2018 16 Jan'18

  Financial savings just the beginning for CIOs who understand code quality

  Businesses need to understand the quality of the code in their applications if they are to avoid unnecessary costs and glitches

• January 16, 2018 16 Jan'18

  Abu Dhabi continues fintech agenda in 2018

  Abu Dhabi is open to developing its fintech ecosystem, with the next 12 months expected to see more focus on the sector

• January 11, 2018 11 Jan'18

  Hard Brexit risks 92,000 UK science and technology jobs

  Economic analysis commissioned by London mayor Sadiq Khan warns that thousands of jobs in science and technology sectors be at risk if UK crashes out of EU with no deal

• January 10, 2018 10 Jan'18

  UAE tech growth prompts firms to review internal IT security

  As IT becomes more prominent in the UAE economy, more and more internal connections between people and systems are created, all of which need to be secured

• January 09, 2018 09 Jan'18

  Dutch bank tests wearable technology payments

  ABN Amro is testing out wearable payment devices with 500 customers as part of a four-month pilot

• January 09, 2018 09 Jan'18

  Cyber attacks in 2017 drive Nordic security efforts

  The volume of cyber attacks last year has increased boardroom focus on security in the Nordic region

• January 09, 2018 09 Jan'18

  Google puts its payment services under one roof

  Internet giant is bringing all its payment services under the Google Pay brand, making them “simpler, safer and more consistent”

• January 05, 2018 05 Jan'18

  Insurance broker Simply Business ditches legacy MPLS for SD-WAN

  Insurance business finds networking a breeze after ditching its unresponsive managed services provider and implementing VeloCloud’s latest software-defined wide area network technology

• January 05, 2018 05 Jan'18

  London attracted record tech investment in 2017

  London-based tech firms received record levels of venture capital funding last year

• January 04, 2018 04 Jan'18

  Nordic banks face digitisation decisions over PSD2

  With the latest version of the EU payment services directive coming into force, traditional Nordic banks can’t afford to slow their digital transformations

• January 03, 2018 03 Jan'18

  Top IT priorities for Nordic CIOs in 2018

  Nordic CIOs tell Computer Weekly about their intentions for the year ahead

• December 28, 2017 28 Dec'17

  Top 10 CIO interviews of 2017

  IT leaders from across the UK and Europe shared their plans, strategies and best practice advice with Computer Weekly

• December 19, 2017 19 Dec'17

  Top 10 enterprise IT in the Nordics stories in 2017

  The Nordic region might be best known in IT circles for its startup communities – but it has much more to offer

• December 11, 2017 11 Dec'17

  Innovation key to halt cyber attacks

  In the light of the number of cyber breaches taking place, innovative security systems are required, according to the UK National Cyber Security Centre (NCSC)

• December 11, 2017 11 Dec'17

  Workers should embrace robots, not fear them, says Labour deputy

  Labour deputy leader to say workers need not fear robots taking their jobs, but welcome the opportunities they will bring

• December 11, 2017 11 Dec'17

  Bumps in the road ahead for Nordic cashless societies

  Sweden and Norway are global leaders when it comes to reducing the use of cash in the economy – but what about the Nordic region as a whole?

• December 10, 2017 10 Dec'17

  Russian-speaking hackers targeting financial institutions

  A Russian-speaking cyber criminal gang is targeting financial institutions in the UK, US and Russia, a Moscow-based security firm reports

• December 08, 2017 08 Dec'17

  Hackers steal nearly $80m in bitcoin

  Hackers have stolen nearly $80m worth of bitcoin from a bitcoin mining service as the cryptocurrency’s value continues to skyrocket

• December 06, 2017 06 Dec'17

  UKtech50 2017 - The most influential people in UK IT

  Computer Weekly has announced the eighth annual UKtech50 – our definitive list of the movers and shakers in the UK IT sector

• December 06, 2017 06 Dec'17

  CIO interview: Carlos Abarca, TSB

  Carlos Abarca is guiding TSB through its migration from systems hosted by a competitor to a digitally focused in-house core banking platform.

• December 05, 2017 05 Dec'17

  Bitcoin industry enters top 10 DDoS targets

  The bitcoin industry has become one of the top 10 industries most targeted by distributed denial of service attacks, a report has revealed

• December 04, 2017 04 Dec'17

  Barclays Bank stops offering Kaspersky software to new users

  Bank is no longer offering customers Kaspersky anti-virus software after UK security agency issues warning

• November 29, 2017 29 Nov'17

  Norway merges payment systems to combat global competition

  Norwegian banks are merging three payment and identification systems in the face of increased competition from companies in other countries

• November 28, 2017 28 Nov'17

  Fintech is increasing operational risk to banks

  European Banking Association report reveals fear of greater operational risk because of increased take-up of fintech in financial services sector

• November 27, 2017 27 Nov'17

  UK IT professionals could lose out in a free trade deal between UK and India

  There could be an increase in Indian IT professionals coming to work in the UK post-Brexit if a new trade deal is signed with India

• November 16, 2017 16 Nov'17

  Private Swiss bank Julius Baer to save $1m a year with cloud HR

  Julius Baer banks on higher returns after replacing on-premise systems with cloud HR services

• November 16, 2017 16 Nov'17

  Post Office court case judge issues warning to legal teams

  The high court judge managing the sub-postmasters versus Post Office legal case over an allegedly faulty computer system tells legal teams to cooperate

• November 13, 2017 13 Nov'17

  DBS teams up with Equinix to reduce datacentre footprint

  Building on earlier efforts to harness cloud computing to support growing compute workloads, DBS’s new private cloud datacentre will be smaller, greener and cheaper to run

• November 09, 2017 09 Nov'17

  TSB customers can use their faces to authenticate payments

  Bank’s latest addition to its mobile apps is a facial recognition option for Apple iPhone X users

• November 09, 2017 09 Nov'17

  Bangalore offers the best ecosystem for digital transformation, says Economist report

  Bangalore ranked as the number one location for businesses looking to access the right ecosystem to support digital transformation

• November 06, 2017 06 Nov'17

  Bank of Scotland testing out artificial intelligence on customer iPhone app

  Bank of Scotland pilots artificial intelligence within its iPhone banking app.

• November 03, 2017 03 Nov'17

  Go beyond GDPR for a competitive edge

  By exceeding the bare minimum requirements set by privacy regulations, businesses can win customers by offering greater assurances, says a business adviser

• November 03, 2017 03 Nov'17

  Monique Shivanandan leaves Aviva

  CIO has left the insurance company after more than three years in the role

• November 02, 2017 02 Nov'17

  Middle East blockchain forum moves to accelerate adoption of the distributed ledger technology

  Blockchain technology is becoming more widely used by financial services companies in the Middle East, and is finding its way into other sectors in the region

• October 31, 2017 31 Oct'17

  Image recognition system clears cheques in one day

  All cheques paid in the UK will be cleared on the next working day once an image-based clearing system is fully rolled out

• October 27, 2017 27 Oct'17

  Nordea lays off 6,000, citing digital transformation as the driver

  Nordea is cutting staff as a result of its ongoing digital transformation, which means it needs less people

• October 24, 2017 24 Oct'17

  Nordic finance watchdogs losing patience over anti-money laundering systems at banks

  The financial services watchdogs have informed banks that they have to do more to improve anti-money laundering systems

• October 18, 2017 18 Oct'17

  Focus needs to shift to breach impact, says McAfee researcher

  Breach investigations commonly focus on the attackers and their motives, but a security researcher believes there needs to be more emphasis on business impact

• October 18, 2017 18 Oct'17

  Cloud service spending almost matches traditional IT outsourcing

  Traditional outsourcing spending has plummeted in the latest three-month period, but spending on cloud-based IT services is going some way to filling the void

• October 17, 2017 17 Oct'17

  RSA’s Middle East cyber security conference gains its own identity

  RSA Abu Dhabi conference focuses on region’s cyber security needs as digital technology deployments expand

• October 12, 2017 12 Oct'17

  UK bank Standard Chartered opens IT service centre in Bangalore

  Bank is expanding its operation in India, which provides business services to its operations globally

• October 11, 2017 11 Oct'17

  Dutch government agreement increasingly focuses on IT security

  The coalition government in the Netherlands has agreed its plan for the next four years, with IT security prominent

• October 10, 2017 10 Oct'17

  Some IT contractors earning more than £700 a day

  Research shows 40% of contractors reach the average annual IT salary within three months

• October 03, 2017 03 Oct'17

  CIOs moving to revenue-generating roles

  Gartner survey shows changing role for CIOs to cover revenue generation and deriving value from data, and spending less time on traditional IT delivery