News
Internet technology
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March 06, 2023
06
Mar'23
Fintech industry calls for regulatory change to help struggling consumers
Fintech trade body calls for regulatory changes to allow fintechs to broaden services for people struggling in the cost-of-living crisis
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March 06, 2023
06
Mar'23
How to get mainframe modernisation right
Around a third of mainframe modernisation efforts fail, but that doesn’t need to be the case if organisations can harness the best of mainframe and distributed architectures, according to Rocket Software
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March 03, 2023
03
Mar'23
White House unveils National Cybersecurity Strategy
The strategy will focus on ensuring closer collaboration on cyber security between government and industry, while giving software and other tech companies a bigger role in combatting threats due to their resources and expertise
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March 02, 2023
02
Mar'23
Salt Labs identifies OAuth security flaw within Booking.com
Security flaw in Booking.com OAuth implementation could be used to launch account takeovers, but researchers discovered and flagged the issue before it could be exploited in the wild
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March 02, 2023
02
Mar'23
MWC 2023: Netflix pushes back against telcos in net neutrality row
Net neutrality seems to be an itch the European comms industry cannot scratch, and hot on the heels of an intention to get content firms to contribute to the build-out of networks for tomorrow’s services, Netflix takes aim at telcos’ demands
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March 02, 2023
02
Mar'23
MWC 2023: Huawei chooses not to choose on network energy efficiency
Comms tech firm rebuts assumed binary choice in comms arena and assures simultaneous green ICT and ICT development is possible if the right balance is struck between energy efficiency, renewable energy utilisation and user experience
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February 28, 2023
28
Feb'23
Two years on from the Kalifa report, UK fintechs speak out
Two years after the UK government’s Kalifa fintech report, entrepreneurs warn of a continuing Brexit headache and slow regulatory reform
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February 28, 2023
28
Feb'23
MWC 2023: ICT infrastructure investment to drive Industry 4.0
Study reveals how digital economy will account for more than half of global GDP by end of 2023 and how growth of 5G and intergenerational evolution of connectivity technology will increase global economic benefits by approximately 15%
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February 27, 2023
27
Feb'23
How Dell is future-proofing its business
Dell Technologies is building a more resilient supply chain, investing in growth areas like edge and multicloud, and responding to shifts in consumption models to position itself for long-term growth
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February 23, 2023
23
Feb'23
Ciena claims industry first with 1.6 Tbps coherent optic service
WaveLogic 6 Extreme and WaveLogic 6 Nano products designed to meet critical network provider capacity and power efficiency needs
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February 21, 2023
21
Feb'23
Seven million people in UK used open banking services in 2022
More than seven million people used services that harnessed open banking last year, with 1.2 million of these first-time users
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February 21, 2023
21
Feb'23
Online makes up a quarter of retail sales in January 2023
Online shopping makes up a quarter of all retail volumes in the first month of 2023, but retail is still rocky as the cost of living rises
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February 20, 2023
20
Feb'23
Full-fibre internet to reach half of UK homes by March 2023
Ofcom data shows full-fibre deployment in the UK has maintained pace over the past 12 months and is set to reach a major tipping point in the next few weeks
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February 20, 2023
20
Feb'23
Twitter 2FA changes bring more risks than benefits
Twitter’s approach to nudging users away from insecure SMS-based 2FA is being questioned over its logic
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February 20, 2023
20
Feb'23
App-based Zopa bank buys BNPL fintech
App-based Zopa bank is adding a buy now, pay layer platform to its technology stack through its first acquisition
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February 16, 2023
16
Feb'23
Virgin Media O2 makes deal for small business broadband customers
Leading UK operator announces faster upload speeds for its small business broadband services, with customers now able to access 10:1 download to upload speed ratio across all Voom packages
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February 15, 2023
15
Feb'23
UK saw fintech investment collapse in 2022, but is still a world leader
Fintech investment in the UK sees steep drop, but the country was still a top destination for capital
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February 14, 2023
14
Feb'23
‘Buy now, pay later’ crackdown in the making
The finance regulator has proposed bringing ‘buy now, pay later’ providers within its regulatory remit
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February 14, 2023
14
Feb'23
Payment tech provider opens Finnish tech hub
Nordic payment tech supplier opens a hub in the Finnish city of Espoo to access expertise
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February 14, 2023
14
Feb'23
UAE central bank programme to accelerate digital transformation
The United Arab Emirates government launches programme to accelerate the digital transformation of the country’s finance sector
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February 14, 2023
14
Feb'23
Researcher exposes crypto scam network exploiting YouTube
A massive network of fake YouTube videos promoted by automated sock puppet accounts is reeling in hundreds of cryptocurrency enthusiasts and persuading them to hand over their money, WithSecure researchers found
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February 13, 2023
13
Feb'23
Hycu aims at universal SaaS backup with R-Cloud
Hycu’s R-Cloud aims to provide an API-driven backup product for any software-as-a-service application for enterprise customers, based on a simple low-code development environment
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February 13, 2023
13
Feb'23
Porsche revs up Formula E team with NetApp hybrid cloud
Porsche’s electric car racing team has to set up on city street courses in short order, and does it with a portable server setup and hybrid cloud storage managed by NetApp GFC
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February 13, 2023
13
Feb'23
Ericsson boosts indoor 5G capacity, precise location services
Comms tech provider introduces suite of indoor hardware and software to make indoor 5G easier for enterprises with precise-location software that enables enterprise use cases such as asset tracking and tool positioning
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February 10, 2023
10
Feb'23
BNPL accounted for 12% of UK online spending in January
Buy now, pay later products from fintech providers accounted for 12% of the £8bn spent online in the UK in January, according to analysis
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February 10, 2023
10
Feb'23
Social media platform Reddit breached in phishing attack
An unspecified threat actor obtained access to internal documents, code and business systems at Reddit after stealing employee credentials in a phishing attack
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February 09, 2023
09
Feb'23
Cost-of-living crisis creates appetite to switch banks
As millions of Brits struggle with their finances, many view tailored financial services as beneficial
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February 09, 2023
09
Feb'23
Twitter CEO Elon Musk pauses datacentre downsizing push in wake of outage
Twitter CEO Elon Musk has called a temporary halt to the company’s push to cut costs by downsizing its infrastructure expenditure after an outage left users around the world unable to post tweets
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February 09, 2023
09
Feb'23
Cisco looks to Full-Stack Observability Platform to address demands of experience economy
Experience is everything in the new world of work, as organisations disrupt their own business to get a full view on how networks ensure operations will be more important
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February 09, 2023
09
Feb'23
Consumers want tech-driven clothing stores
As consumers increasingly visit stores as the pandemic subsides, NTT Data finds that technology in shops could persuade consumers to return to physical shopping
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February 08, 2023
08
Feb'23
Prolific social media fraudster jailed for three years
Ramzan Abubakarov of Hendon will serve three-year prison sentence after using Telegram to coordinate series of frauds which netted almost £2m
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February 08, 2023
08
Feb'23
Cisco unveils toolkit for greater network visibility and control
Tech giant introduces cloud services in Operations Dashboard to increase industrial asset visibility and provide industrial IoT customers with path to cloud automation for Operational Technology
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February 07, 2023
07
Feb'23
TSB pilots pods as branch replacements
TSB joins Barclays in adopting banking pods to ensure customers have access to physical banking services as the number of high street branches declines
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February 06, 2023
06
Feb'23
Online banks still riddled with cyber security flaws, report says
Online bank Virgin Money was found to have the weakest online and application security measures in a Which? study but Nationwide, TSB and The Co-Operative Bank all failed on multiple points, too.
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February 03, 2023
03
Feb'23
Finance regulator finding more misleading promotions quicker through improved digital tools
UK finance regulator able to find and block misleading promotions faster through improved digital tools
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February 03, 2023
03
Feb'23
FCA cracks down on misleading promos by social media influencers
Social media is becoming a major part of the FCA’s work in clamping down on misleading financial advertising and promotions, with multiple influencers rapped for their behaviour
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February 03, 2023
03
Feb'23
Record fibre growth fails to halt mixed Q3 for BT
Strategy of focus on fibre and 5G vindicated in financial results showing leading UK telco buffeted by inflationary headwinds – but also seeing benefit of growing investment in fixed network infrastructure
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February 02, 2023
02
Feb'23
UK government announces plans to protect consumers through cryptoasset regulation
UK government wants feedback on its plans to regulate organisations operating in the cryptoasset sector
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February 01, 2023
01
Feb'23
Romance fraudsters stole £65m from Brits since 2020
Online romance fraudsters have scammed Brits out of £65m in the past three years, according to retail bank TSB
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February 01, 2023
01
Feb'23
CryptoRom scam abuses Apple and Google app stores to claim victims
Sophos researchers report on two fake apps used by romance scammers to lure victims into parting with their money, both of which were able to escape the attention of Apple and Google app store safeguards
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January 31, 2023
31
Jan'23
Digital banking changing the high street forever as banks close branches and open alternatives
Banks are reshaping their channels as customers move to digital services, with physical innovation complementing digital strategies
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January 30, 2023
30
Jan'23
BT tests out high-altitude flying antenna
The trial with Stratospheric Platforms may lead to hydrogen-powered drones being used to provide 4G and 5G rural coverage
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January 30, 2023
30
Jan'23
Data of 10 million JD Sports customers accessed in cyber attack
Data on 10 million people who shopped online at JD Sports over a two-year period was accessed and potentially stolen in a cyber attack
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January 27, 2023
27
Jan'23
Lords question ‘extensive’ government online safety powers
Digital minister Paul Scully defends government Online Safety plans to give secretary of state powers to direct Ofcom
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January 26, 2023
26
Jan'23
Final months of 2022 saw highest ever number of bank account switches
More people than ever before switched their current account provider using the government’s switching service
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January 25, 2023
25
Jan'23
UK Treasury recruiting digital currency leader
The UK government’s investigation into the merits of a central bank digital currency gathers pace at it looks for a team leader
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January 25, 2023
25
Jan'23
Neos Networks completes full-fibre access promise for key UK cities
Just over a year after UK business connectivity provider opened its first metro access network to offer last-mile services direct to nearly 10,000 regional businesses, such services are now live in four key UK cities as part of an ongoing expansion ...
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January 25, 2023
25
Jan'23
Virgin Media O2 taps Juniper to upgrade core IP backbone for 800G readiness
Need for increased data capacity and flexible scalability highlighted by 32% traffic growth on its mobile network,16% growth in broadband data downloads and a peak traffic load of 22TB over the past year
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January 24, 2023
24
Jan'23
AWS opens Melbourne region, to invest $4.5bn by 2037
Amazon Web Services’ new Melbourne cloud region will better serve Australian customers such as ANZ Bank and is expected to benefit over 2,500 full-time jobs in the country
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January 24, 2023
24
Jan'23
Vodacom lands 2Africa subsea cable in the Eastern Cape, South Africa
What is described as ‘transformative’ subsea cable lands at the Vodacom facility in Gqeberha at South Africa’s Eastern Cape to provide a gateway to direct international connectivity for faster, more reliable internet services in the country and ...