News
IT for financial services
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September 27, 2017
27
Sep'17
RHB Bank rolls out chatbot for loan applications
The Malaysian lender hopes to improve the loan application experience and grow its personal loan business by 60% through a new chatbot
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September 25, 2017
25
Sep'17
Amazon launches Middle East region
Amazon opens its latest delivery hub in Bahrain to serve customers in the Middle East
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September 20, 2017
20
Sep'17
Why businesses should tackle the digital workplace
IT chiefs should make implementing the digital workplace core to their company’s digitisation strategy, says analyst Gartner
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September 20, 2017
20
Sep'17
Blockchain tests delivering results and IBM seen as leader
Businesses that have invested in trials of blockchain technology will repeat their investments
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September 15, 2017
15
Sep'17
Banks across Europe cut thousands of staff and branches as IT replaces them
Banks across Europe cut jobs and close thousands of branches as IT shakes the industry
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September 14, 2017
14
Sep'17
BT offers enterprise customers flexible bandwidth for peak usage
New element of BT IP Connect Global WAN service will enable businesses to dial their network capacity up and down at will
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September 08, 2017
08
Sep'17
Millions of customer records compromised in Equifax breach
Major security breach unfolded over a two-month period, and is thought to have affected 143 million customers in the US, as well as an undisclosed number of Britons and Canadians
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September 07, 2017
07
Sep'17
Thousands of Deutsche Bank employees will be replaced by robots
The CEO of Deutsche Bank said a "big number of staff will eventually be replaced by robots” as it looks towards artificial intelligence technology
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September 06, 2017
06
Sep'17
European Union states question copyright law proposal
European states are questioning legality of a new copyright law proposed by the EU
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September 05, 2017
05
Sep'17
People with non-IT backgrounds could help fill cyber security skills gap
Organisations should look to fill cyber security roles with people who are curious and have work experience rather than focusing solely on graduates
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September 04, 2017
04
Sep'17
Women still under-represented in Nordic IT despite region’s efforts
Although countries in the Nordic region are often hailed as pioneers of digital and equal worker rights, there is still gender inequality in the IT sector.
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September 04, 2017
04
Sep'17
Government launches FTTP pilot for businesses, schools and hospitals
The government has released £10m to six FTTP trial projects around the UK, testing ultrafast broadband technology in businesses, schools and hospitals
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August 31, 2017
31
Aug'17
App-based challenger bank Starling enters next stage of its journey
Thousands of people are downloading Starling’s app every week as the bank builds its customer base
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August 30, 2017
30
Aug'17
Researcher finds over 711 million compromised email accounts
A security researcher has discovered a spambot using more than 711 million compromised email accounts to spread data-stealing malware
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August 30, 2017
30
Aug'17
Challenger bank Fidor reaches 200,000 customers
Fintech trailblazer Fidor now has more than 200,000 people using its banking services, but its CEO believes the fintech environment is getting tougher
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August 29, 2017
29
Aug'17
Danske Bank taps into the cognitive capabilities of IBM Watson
Danish bank is using IBM Watson as part of a major IT outsourcing deal
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August 23, 2017
23
Aug'17
UAE telco Du pushes SaaS adoption in Middle East
The Middle East looks set to see strong growth in software as a service and IT departments need to take a different approach
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August 22, 2017
22
Aug'17
Barclays installs devices to monitor office use
Barclays bank has installed sensors connected to a cloud-based analytics platform to monitor and analyse office use
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August 22, 2017
22
Aug'17
Blockchain skills in high demand and jobs being swept up quickly
Job vacancies for people with blockchain skills are being filled in just seven days, on average, once they are advertised online
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August 21, 2017
21
Aug'17
HSBC streamlines mortgages with Capita software
Bank is using software to improve its mortgage application processes and subsequently increase business through brokers
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August 17, 2017
17
Aug'17
World's largest’ data center planned in Norway
Norway will soon have the biggest datacenter in the world which will harness the countries rich natural resources
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August 17, 2017
17
Aug'17
Barclays ring-fencing project means downtime for customers
Many Barclays services will be unavailable this weekend as part of the bank's project to separate retail and investment operations
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August 16, 2017
16
Aug'17
A decade of IT change since banking meltdown
With 10 years passing since Northern Rock had to be bailed out by the government, we look at how banking IT has changed since the financial crisis
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August 11, 2017
11
Aug'17
BBVA tops Forrester mobile bank app chart
Spanish bank BBVA has the best mobile banking app in the world, according to Forrester Research
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August 11, 2017
11
Aug'17
HSBC uses IBM to automate the processing of 100 million document pages
In another instance of banks adopting automation to lower costs and drive productivity, HSBC uses IBM analytics technology to cut down on its paper trail
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August 10, 2017
10
Aug'17
China tests hack-proof quantum satellite communications
China has tested a prototype communication system that uses the principles of quantum mechanics to make it impossible for hackers to access
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August 09, 2017
09
Aug'17
Over 40% of IT professionals want another general election this year
A large proportion of IT workers in the UK want another general election this year in the hope it will stave off a hard brexit
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August 09, 2017
09
Aug'17
Nordic countries top digital nations ranking, but risk stalling
Nordic countries are leaders when it comes to digitisation – but they must continue to innovate to retain their position
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August 08, 2017
08
Aug'17
WannaCry hero due in court on malware charges
The Briton who played a key role in halting the global WannaCry ransomware attacks is due in court in the US to face charges in connection with the Kronos banking Trojan
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August 03, 2017
03
Aug'17
Ransom DDoS attacks on the rise
The use of distributed denial of service (DDoS) attacks to extort money from organisations is on the rise, warns security firm Kaspersky Lab
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July 25, 2017
25
Jul'17
AA Ireland turns to predictive analytics in fraud crackdown
Roadside assistance company invests in analytics software to fight fraud and introduce dynamic pricing after its split with the AA
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July 25, 2017
25
Jul'17
Nordea deploys AI to speed up customer service
Nordea is reaping the rewards of its fintech investments through its latest project to use artificial intelligence to support customers
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July 20, 2017
20
Jul'17
TSB to introduce iris scan authentication in September 2017
TSB customers will soon be able to access their mobile bank accounts through iris scanning, which is regarded as the most secure biometric authentication available
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July 19, 2017
19
Jul'17
London Stock Exchange uses IBM blockchain technology
The London Stock Exchange is testing out IBM's blockchain technology in a platform to help SME operations become more transparent
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July 17, 2017
17
Jul'17
IBM claims breakthrough in mainframe encryption
IBM says its new mainframe ushers in a new era of data protection in response to a call to action from chief information security officers and security experts worldwide
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July 13, 2017
13
Jul'17
Encryption keys too predictable, warn security researchers
Encryption keys are not as random as most people think, which means encrypting data is often not as secure as it could be, according to security researchers
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July 13, 2017
13
Jul'17
HPE and CSC merger wins confidence of Zurich
Zurich Insurance has demonstrated confidence in CSC's merger with HPE through a contract extension
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July 13, 2017
13
Jul'17
Visa encourages US businesses to go cashless with £500,000 in hard cash
Card giant offers small US businesses financial support to upgrade their payments technology if they agree to abandon cash
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July 12, 2017
12
Jul'17
UK ranked as top 10 digital economy
The UK has been ranked among the top 10 nations in terms of digital capabilities
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July 11, 2017
11
Jul'17
Legal & General picks HomeServe’s IoT LeakBot to protect homeowners
Insurance firm partners with HomeServe to deploy its internet of things LeakBot technology and lower customer premiums
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July 10, 2017
10
Jul'17
Experian admits mobile and online issues after system upgrade
Some customers of credit referencing company are having problems accessing a service they pay for following an IT upgrade and large customer migration to a new system
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June 29, 2017
29
Jun'17
App-based banking continues its ascent in the UK
The number of people banking from their mobile phones is increasing as more services are made available through the channel
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June 26, 2017
26
Jun'17
Interview: Louise McCarthy and Valeria Della Rosa, EBRD
Two women are at the helm of the European Bank of Reconstruction and Development’s technology change programme – the bank’s first-ever digital transformation
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June 23, 2017
23
Jun'17
Swedish fintech Klarna gains full banking licence
Swedish online payments provider Klarna becomes one of “the largest banks in Europe” after being granted an EU-wide banking licence by the Swedish Financial Supervisory Authority
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June 22, 2017
22
Jun'17
Voice biometrics still relatively unheard
Authentication system could help reduce UK fraud by making it hard for fraudsters to glean information from contact centres
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June 21, 2017
21
Jun'17
The human apprentices behind robotic automation
IT apprentices are helping large businesses transform their back-office processes through software robots
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June 15, 2017
15
Jun'17
Finnish mobile operators opt-out from free EU roaming
Finnish mobile operators have been exempted from new European Union data roaming rules for now
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June 14, 2017
14
Jun'17
Microchips implanted in hands could be in use for payments in 20 years
UK consumers are becoming more accepting that biometric authentication will become the norm for payments
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June 14, 2017
14
Jun'17
HR technology essential to cutting-edge customer service, say big businesses
If you can’t get your internal HR systems right, the business will suffer – Jaguar Land Rover, Lufthansa and Russia’s Sberbank explain why
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June 07, 2017
07
Jun'17
Challenger bank technology arm hires former ABN Amro IT executive as CIO
Bank and banking technology supplier Fidor hires an experienced banking CIO to support its international expansion