News

IT for financial services

• March 17, 2017 17 Mar'17

  Singapore startup partners IBM to pilot blockchain technology

  Invictus’ distributed ledger prototype will offer financing options for small and medium-sized enterprises

• March 13, 2017 13 Mar'17

  Nearly 2,000 Lloyds bank IT jobs set to move to IBM in £1.3bn outsourcing deal

  Around 2,000 IT staff at Lloyds Banking Group are set to transfer to IBM as part of a seven-year IT outsourcing deal, says union

• March 10, 2017 10 Mar'17

  Paying ransomware attackers perpetuates attacks, says researcher

  Continually evolving ransomware is among the threats organisations need to factor into their cyber defences in 2017, but only once they have taken care of the basics, says Kaspersky Lab researcher

• March 09, 2017 09 Mar'17

  Nordea brings social aspect to saving with fintech startup Spiff

  Nordea launches a mobile savings app from Norwegian finanical technology company Spiff

• March 06, 2017 06 Mar'17

  Deutsche Bank creates group-wide CIO role

  New chief will drive technology transformation across the bank

• March 06, 2017 06 Mar'17

  3D printing gets serious in the Netherlands

  3D projects abound in the Netherlands, with the technology being applied to canal bridges, bicycles, ship components and buildings

• March 03, 2017 03 Mar'17

  Businesses blame rivals for DDoS attacks

  Industrial sabotage is considered to be the most likely reason behind a distributed denial of service attack, a study has revealed

• February 27, 2017 27 Feb'17

  Santander bank to work with IBM developing mobile apps for staff

  Santander bank wants to make its staff more productive through mobile apps, which it will create alongside IBM

• February 27, 2017 27 Feb'17

  Cyber criminals net £8bn from financial services in 2016

  Organised cyber fraud gangs are turning their attention to online lenders and emerging financial services, potentially netting £8bn in 2016, a report reveals

• February 24, 2017 24 Feb'17

  Banking malware, DDoS, ransomware and CEO fraud top UK cyber threats

  Businesses need to be aware of the value of their data, how that data is likely to be attacked, and how to defend against particular attacks, says leading UK cyber cop

• February 17, 2017 17 Feb'17

  HPE services and CSC to become DXC Technology

  The merger between HP's services division and CSC will launch in April 2017 and is expected to save the companies billions

• February 15, 2017 15 Feb'17

  UAE bank builds predictive marketing models

  Rakbank is using SAS analytics software to better understand its customers following a successful implementation of the supplier’s anti-money laundering software

• February 14, 2017 14 Feb'17

  HMRC rejects Gov.uk Verify

  HM Revenue and Customs says it won’t be using Gov.uk Verify, which could cause difficulties for the government’s target of having 25 million Verify users by 2020

• February 14, 2017 14 Feb'17

  Co-op Bank up for sale now legacy shift to IBM is complete

  Bank put up for sale just days after it completed a multimillion-pound migration of its legacy banking platform into an IBM datacentre

• February 13, 2017 13 Feb'17

  Santander introduces voice-controlled payments

  Santander has taken its voice-controlled banking initiative to the next phase, with customers now able to make payments by voice

• February 07, 2017 07 Feb'17

  Middle East and North Africa public cloud spend to hit $2bn by 2020

  Middle East-based organisations are turning to public cloud services, with software as a service driving a major year-on-year spending increase

• January 29, 2017 29 Jan'17

  Artificial intelligence will increase productivity by sharpening human mind

  The combination of AI and humans will triple productivity if businesses get the balance right for different roles

• January 26, 2017 26 Jan'17

  Mixed feelings on Australian enterprise app market

  The enterprise mobile app development market is attracting big money despite a lack of corporate appetite

• January 23, 2017 23 Jan'17

  Singapore and Indonesia stand out for IT spend in Apac banking sector

  Singapore is the top spender on IT for banking of all developed economies in the Apac region, while Indonesia has the fastest growth rate in IT spending

• January 23, 2017 23 Jan'17

  Lloyds Bank hit by massive DDoS attack

  It has emerged that UK banks have been targeted by a DDoS campaign that affected services intermittently only at the Lloyds Banking Group

• January 17, 2017 17 Jan'17

  Blockchain can cut investment bank infrastructure costs by 30%

  Investment banks can make huge cuts to their IT infrastructure costs through blockchain, according to analysis

• January 17, 2017 17 Jan'17

  HSBC appoints technology advisers to keep pace with IT changes

  Bank hopes to gain knowledge about technologies such as artificial intelligence and biometric security through its new technology advisory board

• January 15, 2017 15 Jan'17

  The evolution of smart Dubai

  Aisha Bin Bishr, director general at Smart Dubai Office, discusses how Dubai is evolving as a smart city with the support of local telecoms provider Du.

• January 13, 2017 13 Jan'17

  Davos: Technology poses new risks to jobs, economies and society

  Politicians and business leaders will discuss the risks posed by technology to jobs, political stability and cyber security at the World Economic Forum in Davos

• January 12, 2017 12 Jan'17

  Lloyds Bank digital banking problems an industry warning

  Lloyds Bank’s digital banking problems still unresolved after a second day

• January 11, 2017 11 Jan'17

  Tech focus helps Singapore go second in globalisation index

  Singapore is the second most globalised economy in the world and its IT infrastructure is critical to this achievement

• January 10, 2017 10 Jan'17

  Cyber security scare stories could sharpen focus at banks

  There are continual cyber attacks on banks, and although most are repelled, there is significant room for improvement

• January 05, 2017 05 Jan'17

  Robots replace staff at Japanese insurance firm

  Japanese insurance company Fukoku Mutual Life Insurance replaces 34 members of its claims assessment team with IBM Watson

• January 04, 2017 04 Jan'17

  Customer-first approach will make 2017 a challenge for Dutch CIOs

  CIOs in the Netherlands could see their strategies lead to thousands of jobs being cut as businesses automate

• December 30, 2016 30 Dec'16

  Top 10 financial services stories of 2016

  Here are 10 of the most popular fintech articles on Computer Weekly in 2016

• December 21, 2016 21 Dec'16

  Top 10 IT security stories of 2016

  Here are Computer Weekly’s top 10 IT security stories of 2016:

• December 20, 2016 20 Dec'16

  Top 10 cyber crime stories of 2016

  Here are Computer Weekly’s top 10 cyber crime stories of 2016:

• December 19, 2016 19 Dec'16

  HMRC slammed over tax probe into Newcastle datacentre campus investors

  HM Revenue and Customs said it is committed to clamping down on abuses of the UK tax system, following criticism of its decision to recoup tax relief payments to datacentre investors

• December 13, 2016 13 Dec'16

  Metro Bank moves IT infrastructure to cloud

  Metro Bank moves its IT infrastructure to a private Rackspace cloud platform, which will allow it to keep up with the latest technologies and reduce costs

• December 09, 2016 09 Dec'16

  IT Priorities 2017: Nordic organisations to spend more on cloud services

  The adoption of cloud computing in its many guises will be a top priority in the Nordic region in 2017

• December 07, 2016 07 Dec'16

  The United Arab Emirates enterprise IT trends for 2017

  The UAE is already a leader in areas such as smart city developments, and 2017 looks set to see organisations in the country increase its adoption of other transformational IT

• December 07, 2016 07 Dec'16

  40 firms to trial IBM Watson cognitive computing for cyber security

  Forty companies sign up to apply IBM’s Watson cognitive computing systems to cyber security, but threat intelligence experts caution against total reliance on such systems

• December 06, 2016 06 Dec'16

  London Stock Exchange opens tech services centre in Sri Lanka

  The London Stock Exchange increases its technology support services operation in Sri Lanka

• December 05, 2016 05 Dec'16

  Top 10 ANZ enterprise IT stories of 2016

  Here is a rundown of Computer Weekly’s most popular ANZ enterprise IT articles for 2016

• December 02, 2016 02 Dec'16

  Academics link payment card vulnerability to Tesco Bank cyber heist

  UK academics uncover a vulnerability in online payment systems, which they say could have been used in the Tesco Bank cyber heist

• November 30, 2016 30 Nov'16

  Mastercard uses artificial intelligence for transaction approval

  Mastercard is using artificial intelligence to reduce the number of transactions that are wrongly declined, while maintaining security

• November 23, 2016 23 Nov'16

  Axa offers on-demand insurance via mobile app

  Insurance company launches app that offers quick and easy insurance cover for individual items owned by customers

• November 22, 2016 22 Nov'16

  Middle East bank to launch AI for customer support

  Middle East bank Emirates NBD is piloting artificial intelligence to automate customer services

• November 17, 2016 17 Nov'16

  Dutch bank ING to spend millions ‘disrupting’ its own business

  Dutch bank ING used digital technology to reinvent itself following the financial crash, and is about to reinvent itself again, says its global CTO, Brendan Donovan

• November 17, 2016 17 Nov'16

  Lending platform pioneer Zopa aims to become a UK bank

  Zopa, the company that pioneered the peer-to-peer lending sector with its tech platform, looks to add more disruption to the retail banking market

• November 16, 2016 16 Nov'16

  UK almost bottom of OECD pile for ICT investment

  The UK ranks low in terms of how much it invests in the ICT infrastructure as a proportion of GDP

• November 11, 2016 11 Nov'16

  Russian banks hit by IoT-enabled DDoS attacks

  DDoS attacks on Russian banks have been linked to IoT botnets, further confirming this worrying trend and highlighting the need for IoT suppliers to improve security capabilties

• November 11, 2016 11 Nov'16

  24 cyber criminals arrested in Europol operation

  Romanian police arrest 24 members of a card skimming and cloning operation and identify 47 other suspects

• November 09, 2016 09 Nov'16

  HSBC combines AWS with agile thinking to tap into growing demand for mobile banking

  Banking giant opens up about how cloud and DevOps adoption is helping it cope with the growing consumer demand for mobile and online banking services

• November 02, 2016 02 Nov'16

  Australia and New Zealand IT pros on bigger salaries than UK equivalents

  Aussie IT pros are better rewarded than their counterparts in the UK, according to surveys