News

IT project management

May 15, 2018 15 May'18
TSB refused help from Lloyds as IT meltdown began

TSB turned down an offer of help from Lloyds Banking Group as the migration of customers accounts to its new banking system went wrong
May 15, 2018 15 May'18
Santander latest traditional player to open digital bank

Santander is the latest traditional bank to follow an industry trend and develop a digital banking unit
May 14, 2018 14 May'18
HSBC blockchain trial proves trade finance utility model

HSBC and ING used blockchain to successfully complete a real-world trade financing transaction as part of a pilot
May 14, 2018 14 May'18
Gatwick Airport completes £15m network upgrade to support expansion plans

Gatwick’s new network promises to drive IoT applications, offer free passenger Wi-Fi and provide robust connectivity across the airport campus

May 11, 2018 11 May'18
Emerson ordered to pay UK-based BladeRoom $30m in damages over datacentre IP theft

Energy giant Emerson told to compensate UK-based modular datacentre tech maker after US court rules that it stole trade secrets
May 10, 2018 10 May'18
Barclays to set up biggest office outside UK in India

Bank is expanding its presence in India with plans for an office for 8,000 staff in Pune
May 10, 2018 10 May'18
UK railways to save billions of pounds through digital signalling

Network Rail hails digital transformation plans as “a turning point in the history of our railways”
May 09, 2018 09 May'18
Dutch Tax Authority not fully GDPR-compliant as deadline approaches

The Netherlands’ Department of Finance warns that not all aspects of the EU privacy law will be implemented by the 25 May deadline
May 09, 2018 09 May'18
Justice system transformation programme faces 'daunting challenge', says NAO

Government’s £1bn project to overhaul courts through use of technology has hit delays, with unresolved funding gaps and “significant risk” that it won’t deliver on time, NAO report finds
May 09, 2018 09 May'18
NatWest fintech investments bear fruit as SME loans platform goes live

Online lending platform enables small businesses to apply for loans of up to £150,000 in 10 minutes

May 08, 2018 08 May'18
Nordic CIO interview: Helena Skarle, Handicare

Swedish CIO believes more women might get the top IT jobs if organisations look beyond IT skills
May 08, 2018 08 May'18
TSB offers interest rate sweetener as IT issues continue at the bank

TSB is offering customers higher interest rate to go towards making up for the problems its core banking system migration caused customers
May 04, 2018 04 May'18
Most CIOs not interested in “massively hyped” blockchain, finds Gartner

Despite the noise surrounding blockchain technology, not many CIOs are using it or planning to do so in the near future, finds Gartner
May 02, 2018 02 May'18
RBS closes branches after axing challenger bank project

Royal Bank of Scotland to close 162 branches and shed 800 jobs after deciding not to create a challenger bank – but a new digital bank may be on the way
May 01, 2018 01 May'18
MPs to grill TSB CEO over IT disaster

Paul Pester will face questions from the Treasury Committee about the bank’s IT problems
April 30, 2018 30 Apr'18
TSB IT disaster moves into a second week

TSB's IT problems have moved into a second week, as the bank fights to get its services and reputation back on track
April 27, 2018 27 Apr'18
BEIS yet to begin procuring IT systems needed for Brexit, PAC finds

Public Accounts Committee chair Meg Hillier says the Department for Business, Energy and Industrial Strategy “appears to be operating in a parallel universe where urgency is an abstract concept”, as it needs upwards of 12 new digital systems and so ...
April 26, 2018 26 Apr'18
Almost all London law firms are using or plan to use artificial intelligence

Law firms are harnessing artificial intelligence to reduce the manual creation and checking of legal documents
April 26, 2018 26 Apr'18
TSB banking service tech problems continue

TSB customers are still experiencing problems using online and mobile banking services after almost a week of disruption
April 26, 2018 26 Apr'18
SuiteWorld 2018: Hiring people is about more than just ability, says Rachel Zoe

NetSuite customer, fashion designer and CEO of Rachel Zoe explains that part of entrepreneurship is hiring people who fill the gaps you leave behind, and that in doing so passion can be more important than ability
April 26, 2018 26 Apr'18
SuiteWorld 2018: Businesses more likely to learn from failures than successes, says NetSuite EVP

Failure is the best way for firms to learn and succeed when it comes to business transformation, NetSuite’s executive vice-president Jim McGeever tells the audience at SuiteWorld 2018
April 25, 2018 25 Apr'18
TSB IT meltdown has the makings of an epic

TSB’s very public IT problems will send shivers down the spine of IT teams at large banks that are yet to migrate to new core banking systems
April 24, 2018 24 Apr'18
ICO and finance regulator assess TSB IT blunder

Customer data was exposed during migration to new core banking platform
April 19, 2018 19 Apr'18
UK and Indian governments agree tech partnership

Agreement aims to identify organisations in the two countries that can work together and open up opportunities for tech entrepreneurs
April 17, 2018 17 Apr'18
Russian energy giant makes digital tech adoption a priority

Russian oil and gas giant Gazprom Neft is exploring the use of the latest digital technologies across its entire business
April 16, 2018 16 Apr'18
Santander uses Ripple technology to offer international payments

Santander has launched an international fund transfer service for retail customers in the UK about two years after it started testing the blockchain-based application
April 16, 2018 16 Apr'18
HMRC to stop or delay transformation projects to ensure customs system is ready for Brexit

HM Revenue & Customs chief executive confirms several major programmes will be affected due to prioritising development of new customs IT systems
April 10, 2018 10 Apr'18
European CIOs have budget balancing act ahead of them

There is some consensus among European CIOs on budget rises across the continent, but less so on what to invest in
April 06, 2018 06 Apr'18
Why Lufthansa went back to the drawing board with its HR IT project

Aviation group says it is confident of landing a company-wide IT project following a sometimes turbulent journey
April 05, 2018 05 Apr'18
Deutsche Bank system replacement already paying back

Deutsche bank is replacing a complex IT infrastructure that helps its traders operate and automates regulatory compliance processes
April 05, 2018 05 Apr'18
Interview: GDPR will give Dutch privacy watchdog its teeth

The Netherlands’ privacy watchdog has not handed out fines so far because there has been no reason to, says the organisation’s chairman, Aleid Wolfsen
March 24, 2018 24 Mar'18
Government must improve quality and awareness of childcare website, say MPs

Treasury Committee says government should launch websites only when they can cope with the expected workload, after childcare website was down for 160 hours last summer
March 23, 2018 23 Mar'18
Telefonica cuts HR running costs by 40% as it replaces hundreds of ageing IT systems

Multinational telecoms group Telefonica is on the verge of completing a project to replace 175 incompatible HR IT systems with a cloud service covering more than 40 countries
March 22, 2018 22 Mar'18
Fintechs weigh up their partnership options

Fintechs need to consider what type of companies they should work with to make the most of open banking regulations
March 22, 2018 22 Mar'18
HMRC sets August launch date for customs IT system

HMRC plans to begin a phased deployment of its Customs Declaration Service this August, with completion expected by early 2019
March 22, 2018 22 Mar'18
Legacy IT hampers digital strategy at banks and insurers

A highly regulated environment, a risk-averse culture and a reliance on core legacy technology are holding back banks and insurance companies from modernisation
March 19, 2018 19 Mar'18
Digital retail calls for agile approach, say experts

To embrace digital technology, retailers need to adopt an agile nature across the entire business and break down internal silos, said a panel at Retail Week Live
March 16, 2018 16 Mar'18
Nordic CIO interview: Jussi Sorvali, HMD Global

The head of IT at Finland-based smartphone maker HMD Global turned to the cloud to get the entire IT department up and running quickly
March 12, 2018 12 Mar'18
Proof of concept shows blockchain could save lives in pharmaceutical logistics

DHL and Accenture pilot tracks pharmaceutical products from manufacture to prescription, showing potential to clamp down on counterfeit medicines
March 09, 2018 09 Mar'18
Universal Credit project warned over Gov.uk Verify performance in 2015

Government project management experts warned as long ago as 2015 that a problem with GDS's Verify online identity system could undermine the Universal Credit business plan
March 09, 2018 09 Mar'18
Booking.com annual tech awards focuses on creating visible role models

Booking.com has announced the winners of its 2018 Technology Playmaker Awards and emphasised the importance of having more visible female role models in the industry
March 08, 2018 08 Mar'18
DWP to publish key documents on Universal Credit

The government will finally publish internal assessment reviews of the controversial Universal Credit programme under Freedom of Information laws, after years of refusing to do so
March 06, 2018 06 Mar'18
Norway’s Statkraft outsources IT infrastructure management

Energy company awards India’s HCL five-year IT deal in order to free up resources to focus on core business
March 02, 2018 02 Mar'18
CIOs ill-prepared for IT changes to enable digital business transformation

Lack of skills, an inability to make the most of advanced analytics internally and slow software development are hampering digitisation efforts
March 02, 2018 02 Mar'18
New privacy fears as IT challenges delay surveillance oversight body by a year

IT challenges have delayed government plans for an independent body to authorise requests to access the public’s internet and phone records by nearly a year, raising new legal and privacy concerns
March 01, 2018 01 Mar'18
Security fears delay roll-out of national e-voting system in Finland

Project enters problem-solving phase to identify advanced, effective and best practice solutions to develop a secure internet-based voting system
February 28, 2018 28 Feb'18
Chances of success with SAP are only 50-50

Companies can spend millions, but half of SAP projects fail because there is no connection between the implementation and the original business case
February 23, 2018 23 Feb'18
IT services giants face stiff challenge from niche players in IoT market

Traditional broad and large IT services firms are facing competition from niche industry-focused companies in the IoT services market
February 20, 2018 20 Feb'18
Government must invest in efficient IT to support food trade post-Brexit, say MPs

Inefficient IT and infrastructure at the border could cause perishable foods to spoil, says committee, which calls for the government to ensure the right IT is in place for prompt export and import
February 09, 2018 09 Feb'18
Can we trust Intel Inside to mean secure computing?

Intel has just released an updated patch after its previous update failed spectacularly. Now its CEO is promising security assurance