News

IT for financial services

• February 05, 2018 05 Feb'18

  Appeals court rules Lauri Love will not be extradited over US hacking charges

  The lord chief justice, Lord Burnett, says 33-year-old engineering student Lauri Love will not be extradited to the US to face hacking charges, in a landmark legal decision, and the Crown Prosecution Service should bring proceedings against Love in ...

• February 01, 2018 01 Feb'18

  European Commission eyes blockchain opportunity

  The European Commission is aiming to get the most out of blockchain technology in a wide variety of sectors

• February 01, 2018 01 Feb'18

  Businesses urged to patch against cryptocurrency-mining botnet

  Researchers have uncovered further evidence that cyber criminals are cashing in on the popularity of cryptocurrencies, with the discovery of a global cryptocurrency-mining botnet

• February 01, 2018 01 Feb'18

  Dutch companies not ready for GDPR despite approaching deadline

  Organisations in the Netherlands are racing towards General Data Protection Regulation compliance, but there is still much to be done

• January 31, 2018 31 Jan'18

  Many businesses still using outdated security, says Troy Hunt

  Too many businesses are using out-of-date approaches to security, a world-renowned cyber security author and trainer warns

• January 31, 2018 31 Jan'18

  GDPR requests to take thousands of hours a month, says survey

  A recent survey predicts organisations will potentially face thousands of customer requests about their personal information every month, with many unprepared for GDPR compliance

• January 31, 2018 31 Jan'18

  Swedish banks embrace rapidly evolving chatbots

  Artificial intelligence is playing an increasingly important business role for Sweden’s banks – and chatbots are the starting point for many

• January 31, 2018 31 Jan'18

  Carillion not a like-for-like comparison with IT services firms, but an overt reminder

  Although Carillion’s problems are unlikely to hit major IT services suppliers, its collapse is a reminder of the need to ensure good governance

• January 30, 2018 30 Jan'18

  Davos: Cyber risks grow as countries turn towards protectionism

  The cost of natural disasters is now at record levels, but the cost of cyber crime is far higher. The World Economic Forum hopes to persuade governments to work together on the problem, but with isolationist politics back in fashion, can it succeed?

• January 29, 2018 29 Jan'18

  Millennials set to disrupt authentication, shows IBM study

  Young adults are lax on passwords, but are more comfortable than older generations with biometric and multifactor authentication, an IBM study shows

• January 29, 2018 29 Jan'18

  Hefty fines confirmed for CNI providers with poor cyber security

  The government has confirmed that critical infrastructure providers with poor cyber security face fines of millions of pounds as the National Cyber Security Centre publishes new guidance for the industry

• January 24, 2018 24 Jan'18

  Dark web Dream Market drives cyber fraud industry

  An international operation shut down the AlphaBay and Hansa marketplaces in July 2017, but new ones have sprung up on the dark web, with one in particular helping to drive cyber fraud

• January 23, 2018 23 Jan'18

  Mastercard sets biometric ID deadline for banks

  Mastercard has committed to guaranteeing that every one of its customers will have access to biometric authentication services by April 2019

• January 23, 2018 23 Jan'18

  Interview: Kaspar Korjus, Estonian e-Residency lead

  As the number of people signing up to become Estonian e-residents exceeds the country’s birth rate, Computer Weekly speaks to the man heading up the programme

• January 22, 2018 22 Jan'18

  NRF 2018: Cryptocurrencies “won’t take off”, says Visa executive

  Visa’s CEO, Alfred Kelly, told retailers at the 2018 NRF Big Show that bitcoin and other cryptocurrencies should be low on their list of priorities

• January 22, 2018 22 Jan'18

  IT of world’s banks is moving on from crippling regulation

  Banks need to invest more in fintech and IT skills as they emerge from years of stagnation

• January 22, 2018 22 Jan'18

  Cyber attackers exploiting trust in FTP servers

  Some cyber attackers are exploiting trust in FTP servers to distribute malware, security researchers warn

• 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