News

Technology startups

• April 09, 2021 09 Apr'21

  Global demand for IT and business services highest ever for first quarter

  Global demand for IT and business services began the year strongly, with a record first quarter

• April 07, 2021 07 Apr'21

  Deliveroo riders strike over pay and work conditions

  Riders across the country are demanding fair pay, safety protections and basic workers’ rights pay on Deliveroo’s first day of trading as a public company

• March 29, 2021 29 Mar'21

  How far has open banking come in Europe?

  Open banking is a relatively new concept, having come into effect in Europe only in the last couple of years. So what is the state of play?

• March 18, 2021 18 Mar'21

  Reshaping the women-in-tech debate in Denmark, from the top down

  Tech Nordic Advocates adopts a different approach to closing the gap between women and men in the Danish tech startup sector

• March 17, 2021 17 Mar'21

  Nordic healthcare digitisation drives medtech growth

  Nordic medtech is growing rapidly as the healthcare sector adopts technologies such as artificial intelligence and the internet of things

• March 16, 2021 16 Mar'21

  One-fifth of all UK tech investment went to just 10 scaleup firms in 2020

  Annual Tech Nation report shows UK technology firms saw record levels of investment in 2020, but a significant proportion of it was concentrated in a small number of scaleup enterprises

• March 16, 2021 16 Mar'21

  Insurers unable to fill a quarter of tech roles

  Insurance companies need to fill tech skills gaps if they are going to prosper in the age of insurtech

• March 12, 2021 12 Mar'21

  UK technology business created every 30 minutes in 2020

  New figures on UK business creation show surge in entrepreneurs setting up technology businesses during 2020, while the sector’s hiring efforts climb back to pre-pandemic levels

• March 03, 2021 03 Mar'21

  Glitch signs collective bargaining agreement with unionised workers

  US software startup’s ‘milestone’ agreement with employees focuses on job security and labour rights rather than salaries and benefits

• February 26, 2021 26 Feb'21

  It’s now or never for UK fintech, government told

  The UK government faces a ‘now or never’ moment if it wants financial technology to play a central role in the economy for years to come

• February 26, 2021 26 Feb'21

  Nordic startups strive to fuel international e-commerce transformation

  Nordic startups are developing technology for retailers that want to improve the customer experience when buying online

• February 24, 2021 24 Feb'21

  Businesses forced to ask IT service providers for help during pandemic

  IT service providers have been approached by long-time enterprise customers asking for price cuts due to the impact of the pandemic

• February 22, 2021 22 Feb'21

  Startup founders worried about proposed capital gains tax changes

  British technology startups are concerned about proposed changes to widen the UK’s capital gains tax, with just over four in five saying they would consider moving their enterprise abroad

• February 19, 2021 19 Feb'21

  European Commission proposes UK data adequacy agreement

  The publication of two draft data adequacy decisions brings the UK closer to a final positive decision, which will enable the continued free flow of data between the EU and the UK if green-lit by member states

• February 17, 2021 17 Feb'21

  Finnish IT sector demand increases after months of decline

  IT sector in Finland sees small signs of recovery as demand increases after months of Covid-19-related decline

• February 16, 2021 16 Feb'21

  TransferGo to harness Google-inspired tech capability

  Payments fintech TransferGo chooses cloud-native core banking platform to build a digital wallet and expand its services

• February 10, 2021 10 Feb'21

  Tech sector calls for renewed cooperation in global digital tax talks

  Industry groups want renewed multilateral negotiations between countries about taxation of the digital economy in the wake of Joe Biden’s election as US president

• February 08, 2021 08 Feb'21

  Interview: Robert Opp, chief digital officer, United Nations Development Programme

  Chief digital officer of the United Nations Development Programme talks about the relationship between digital technologies and sustainability, and how it can be used for a more environmentally-friendly and inclusive future

• February 08, 2021 08 Feb'21

  North-West England ‘perfect’ growth area for tech startups

  Industry groups mapping the UK’s technology landscape say the North-West of England is a hotspot for growing tech firms, which benefit from increasing investment and geographic proximity to academic and business support networks

• February 05, 2021 05 Feb'21

  Government R&D funding fails to maximise ‘catapult’ potential

  Barriers in the UK’s research and development funding system mean technology and innovation centres, also known as catapults, are prevented from maximising their potential economic impact

• February 03, 2021 03 Feb'21

  Venture capital trusts lobby for relaxed state aid rules

  Venture Capital Trust Association chair speaks to Computer Weekly about how the UK’s exit from the EU means state aid rules can be rewritten to allow for the expansion of funding mechanisms used by tech startups

• February 02, 2021 02 Feb'21

  Ten startups graduate from virtual reality-focused accelerator

  Startups focusing on building new immersive technology products have completed Digital Catapult’s Augmentor accelerator programme

• January 26, 2021 26 Jan'21

  Saudi IT spending to hit $11bn in 2021

  Saudi Arabian organisations will spend about $11bn on IT this year, with emerging technologies high on shopping lists

• January 21, 2021 21 Jan'21

  Interview: Tony Porter, chief privacy officer, Corsight AI

  Tony Porter speaks to Computer Weekly about the changes in facial-recognition during his time as surveillance camera commissioner, the ethics of using the technology, and his new role as chief privacy officer at Corsight AI

• January 18, 2021 18 Jan'21

  Nottinghamshire uses citizen engagement tools to inform residents

  Nottinghamshire Council is seeking to expand Granicus integrations after success in using its communications services to keep citizens informed during pandemic

• January 15, 2021 15 Jan'21

  Nordic startups make advances in pet tech

  Nordic tech startups are looking to take pet tech mainstream following the acceleration of the industry during the current pandemic

• January 14, 2021 14 Jan'21

  London received quarter of all European tech funding in 2020

  Technology startups in London raised near-record levels of venture capital investment last year despite uncertainty related to Brexit and Covid-19

• January 14, 2021 14 Jan'21

  Numbers stack up for UK open banking three years on

  Three years have passed since open banking regulations came into force and momentum is gathering

• January 13, 2021 13 Jan'21

  European IT outsourcing spend up in 2020 after cloud boost

  IT outsourcing sector growth is an indication that businesses are beginning to see light at the end of the tunnel amid the Covid-19 pandemic and the economic disruption it has brought

• January 12, 2021 12 Jan'21

  Retail giant Walmart to launch a fintech

  Fintech will be geared towards offering the services Walmart’s customers and employees want

• January 12, 2021 12 Jan'21

  Early stage UK security startups face funding crisis

  Overall cyber security funding since the advent of the pandemic is well up, but investment is dominated by safe, later-stage firms while those raising capital for the first time fall away

• December 23, 2020 23 Dec'20

  Top 10 startup stories of 2020

  Here are Computer Weekly’s top 10 startup stories of 2020

• December 17, 2020 17 Dec'20

  Danske Bank fights money laundering with AI

  Danske Bank is using artificial intelligence to help it prevent a repeat of the huge money laundering scandal that hit one of its operations in Estonia

• December 15, 2020 15 Dec'20

  UK government unveils details of upcoming online harms rules

  Online Harms Bill due early 2021 will introduce GDPR-style fines for technology companies that breach online duty of care rules

• December 14, 2020 14 Dec'20

  Digital Ethics Summit 2020: governance key to inclusive post-Covid economic recovery

  Pluralism key to developing and deploying technologies for an inclusive post-Covid economic recovery, according to a panel at Digital Ethics Summit 2020

• December 08, 2020 08 Dec'20

  CIO interview: David Plumb, chief innovation officer, University of Warwick

  The innovation leader is developing ecosystems of partners from industry, public sector and academia to not only help Warwick students, but also to support them as entrepreneurs and benefit the regional economy

• December 01, 2020 01 Dec'20

  Wayra partners with UK government for Latin American scaleup project

  Two scaleups from three Latin American countries – Argentina, Chile and Uruguay – will be selected by a project that will help the growing firms expand overseas into the UK market

• November 30, 2020 30 Nov'20

  $60m Middle East tech fund targets 120 startups

  Venture capital fund expects rapid regional technology growth in the post-Covid-19 world

• November 24, 2020 24 Nov'20

  Fintechs take stock amid economic shocks

  Survey reveals that the top priority for 10% of UK fintechs next year will be to survive the double blow of Covid-19 and Brexit

• November 12, 2020 12 Nov'20

  Financial Stability Board says it’s time to talk about IT outsourcing risks

  International organisation that monitors the finance sector asks for the industry to discuss the risks that IT outsourcing brings to the sector

• November 12, 2020 12 Nov'20

  TCS acquires Prudential Financial tech operation unit for free

  Hot on the heels of its €1 acquisition of Deutsche Bank’s Postbank Systems IT unit, TCS has taken on 1,500 people from the insurance giant’s Ireland-based IT unit

• November 11, 2020 11 Nov'20

  Tim Berners-Lee startup releases decentralisation tech to enterprises

  Roll-out of Inrupt’s decentralised privacy technology to four large organisations is helping the startup to develop explicit use cases, which it hopes will prove the tech and lead to faster adoption

• November 10, 2020 10 Nov'20

  Border technologies largely fail to respect human rights

  AI-powered border technologies used to ‘manage’ migration frequently make the process more arbitrary, discriminatory and unjust, says human rights group

• November 10, 2020 10 Nov'20

  Deutsche Bank to sell retail banking IT unit to TCS for €1

  Deutsche Bank has agreed to sell its retail banking IT operation to one of its main IT suppliers for a token €1

• November 10, 2020 10 Nov'20

  Better data sharing needed to help children during pandemic

  Closing gaps in data infrastructure will help the education sector respond better to children’s needs during the Covid-19 pandemic, says Open Data Institute

• November 09, 2020 09 Nov'20

  Tampere’s perfect storm triggers a startup revolution

  Previously a hub for Nokia and Microsoft, Finland’s second-largest city is capitalising on a wealth of technical knowhow to become the dark horse of the Nordic startup scene

• November 05, 2020 05 Nov'20

  Microsoft to support next generation of security startups

  Tech giant lends its support to the NCSC Cyber Accelerator scheme, which is seeking its seventh cohort of startups

• November 04, 2020 04 Nov'20

  Government releases funding for green technology businesses

  New funding will support UK entrepreneurs and startups in scaling up their eco-friendly innovations

• November 02, 2020 02 Nov'20

  Finnish government rolls out digital projects to support SMEs

  Finland is set to create network of technology hubs that will support SMEs in the country, as well as create links across the EU

• October 27, 2020 27 Oct'20

  UK ‘impact startups’ see investment surge

  ‘Impact startups’ continue to raise funding during the pandemic despite difficulties faced by the wider tech startup sector

• October 23, 2020 23 Oct'20

  Digital public services fail UK citizens on multiple fronts

  Commission for Smart Government publishes paper on obstacles facing the UK’s digital government, setting out principles for digital government initiatives to follow

• October 22, 2020 22 Oct'20

  Nordic CIO Interview: Teemu Salmi, Stora Enso

  Working with startup communities helps to drive digital transformation at one of the world’s largest forest industry companies, Stora Enso

• October 19, 2020 19 Oct'20

  Pandemic causes record spike in collapse of tech startups

  A record number of technology startups folded in September, after months of early-stage companies struggling to attract the investment needed to stay afloat

• October 19, 2020 19 Oct'20

  London’s fintechs continue to attract investment

  The capital’s fintechs continue to attract large volumes of venture capital funds despite the global economic slowdown

• October 19, 2020 19 Oct'20

  Estonian rude awakening spurs tech startup activity

  Money laundering scandal in Estonia has sparked tech startup activity in the Baltic country as banks look for answers

• October 12, 2020 12 Oct'20

  Challenger bank accessing latest anti-money laundering technology through fintech

  Challenger banks works with fintech to support its anti-money laundering efforts

• October 09, 2020 09 Oct'20

  TCS results signal enterprise readiness to spend on IT after Covid-19 pause

  TCS’s financial results signal that enterprises are ready to invest in IT to help them recover from the coronavirus-related business slowdown

• October 07, 2020 07 Oct'20

  US lawmakers release big tech antitrust report

  House Democrats have published a report on the monopoly power wielded by big tech companies and how to restore competition in digital markets

• October 07, 2020 07 Oct'20

  Consumers find new payment methods during pandemic

  Non-cash payments have grown at their fastest rate for a decade and due to Covid-19 restrictions, more people are discovering different ways to pay

• October 05, 2020 05 Oct'20

  Employees overwhelmingly hostile to workplace monitoring tech

  The use of workplace surveillance technologies to monitor and track staff working from home has increased hugely since the start of the pandemic, but most workers say it makes them feel uncomfortable

• October 05, 2020 05 Oct'20

  Business leaders call on G20 to drive affordable and responsible tech

  A new report from the Business Twenty has urged G20 members to use digitisation to support economic recovery

• October 05, 2020 05 Oct'20

  Regulator wants fintechs to address pandemic financial challenges

  UK financial services regulator is supporting fintechs in addressing some of the challenges consumers and small businesses face amid the current pandemic

• October 01, 2020 01 Oct'20

  Trust in government technology is key to adoption

  Panellists at GovTech Summit 2020 speak about the need to build trust in government digital services, as the pandemic has created room for increased use of technology in the public sector

• September 23, 2020 23 Sep'20

  Latest Tech Nation fintech cohort reflects diversifying sector

  The latest group of fintechs accepted into Tech Nation’s growth programme reflects the diversification of a maturing sector

• September 18, 2020 18 Sep'20

  Ex-NCSC boss Ciaran Martin joins cyber venture capital outfit

  Outgoing NCSC CEO Ciaran Martin is to take up a new role guiding new investments in cyber security

• September 16, 2020 16 Sep'20

  Lorca security scaleups to get Splunk data expertise

  Lorca inducts Splunk onto its co-marketing programme, giving security scaleups access to new data expertise

• September 14, 2020 14 Sep'20

  Fintech Pledge launched to strengthen UK’s financial technology sector

  The Fintech Pledge initiative is designed to foster closer collaboration between banks and fintechs so that the UK can continue building a globally competitive fintech ecosystem

• September 11, 2020 11 Sep'20

  Law Commission proposes greater protections for victims of online abuse

  The Law Commission wants to change the criminal law around communications offences to better protect victims from harmful online behaviour

• September 11, 2020 11 Sep'20

  UK ‘future tech’ development gets government funding boost

  £65m in funding will be used to develop electric batteries, robotics and advanced healthcare treatments

• September 11, 2020 11 Sep'20

  Santander to double investment in fintechs

  Santander is doubling the amount of money it invests in fintech startups after the success of its funding arm, which was established in 2014

• September 10, 2020 10 Sep'20

  Lorca security scaleups hit funding milestone

  £153m of investment has been raised by Lorca cohort companies in just two years, almost four times the original target

• September 10, 2020 10 Sep'20

  Edinburgh council to create smart city operations centre

  Edinburgh council extends an outsourcing agreement with CGI as it steps up its smart city programme

• September 09, 2020 09 Sep'20

  Technology businesses vital to UK post-Covid economic recovery

  Technology firms are set to play a larger role in UK’s post-Covid economy and are being encouraged to expand overseas after a strong year for digital exports

• September 08, 2020 08 Sep'20

  UK leads Europe in net zero venture capital investment

  With the UK leading venture capital investment in net zero enterprises, Tech Nation have launched a new, government-backed scaleup programme to further develop the sector

• September 08, 2020 08 Sep'20

  TechUK urges government to back emerging digital clean technology sector

  To ensure the UK reaches its climate and decarbonisation goals, TechUK is calling on the government to support the emerging clean tech sector

• September 04, 2020 04 Sep'20

  Covid-19 has strained London tech firms but they have central role in recovery

  London tech startups are feeling the effects of the economic slowdown brought on by Covid-19, but there is a huge opportunity for those with the right focus

• September 03, 2020 03 Sep'20

  Insurers accept they were slow to adopt digital

  Insurance companies know they must prioritise digital investment and are planning in-house development to help make up lost ground

• September 03, 2020 03 Sep'20

  UK tech firms urged to seek out international opportunities

  Tech Nation study finds UK businesses are in a strong position to take advantage of global tech growth

• September 01, 2020 01 Sep'20

  Here East CEO advises startups to generate own revenue streams

  In a time of deep uncertainty, startups with their own streams of revenue independent of investors and large corporates will have more options and be in a much stronger negotiating position

• August 27, 2020 27 Aug'20

  Tech and telecoms advisory group set up to help trade negotiations

  Department of International Trade launches new Trade Advisory Groups to guide trade negotiations with other countries

• August 27, 2020 27 Aug'20

  Aggrieved Amazon employees organise protests at homes of Jeff Bezos

  A newly formed workers’ collective will protest outside the homes of Amazon CEO Jeff Bezos seeking to secure a number of concessions for essential workers

• August 25, 2020 25 Aug'20

  Nordic startups send a message to global investment community

  Early-stage tech companies across the world should set up Nordic operations earlier in their development journeys

• August 21, 2020 21 Aug'20

  SMEs outperform Q2 expectations but remain cautious about Q3 prospects

  Small confidence boost for small to medium-sized enterprises puts tech investment back on the table over coming 12 months

• August 17, 2020 17 Aug'20

  Comms startup Element helps support secure communications during pandemic

  With the huge increase in remote working, Element is using an open, decentralised network to give organisations more control over their communications

• August 12, 2020 12 Aug'20

  Government awards funding for innovation projects

  The funding for innovative projects forms part of the government’s plan to increase research and development spending, which it claims will aid the UK’s post-Covid-19 economic recovery

• August 07, 2020 07 Aug'20

  Cyber attack combined with Covid-19 puts Travelex into administration

  Foreign exchange firm Travelex has cut UK staff by 1,300 and physical outlets will remain closed

• August 03, 2020 03 Aug'20

  Covid-19 forces TechHub into administration

  Silicon Roundabout mainstay TechHub has been forced into administration after Covid-19 pandemic undermines ability to generate revenue

• July 31, 2020 31 Jul'20

  US lawmakers grill big tech chiefs over market power

  Sixth antitrust hearing sees CEOs of major technology companies face combative questioning from members of Congress over their market power and dominance

• July 29, 2020 29 Jul'20

  Campaigners urge government to resist big tech lobbying pressure

  Lobbyists for big tech, supported by senior US politicians, have rallied against stricter regulation of technology companies, and threatened the US-UK trade deal unless Britain scraps plans to levy a digital services tax

• July 28, 2020 28 Jul'20

  NCSC inducts six security startups to Cyber Accelerator

  10-week programme will guide some of the UK’s most innovative security startups as they scale their businesses for future growth

• July 28, 2020 28 Jul'20

  Latent demand for fertility tech identified by market study

  Global investment in fertility tech startups tops $2.2bn over five-year period, with significant growth opportunities going forward due to combination of technological innovation and latent demand for fertility treatments

• July 24, 2020 24 Jul'20

  Venture firm Public launches fourth GovTech accelerator

  The GovStart 2020 accelerator programme is looking for innovators working on transport, health and workforce-related technology to help get more startups working on the delivery of public services

• July 23, 2020 23 Jul'20

  Business resilience key to startups ahead of post-Covid recession

  Startups should begin building up their resilience to resist unattractive acquisition bids ahead of post-Covid recession

• July 15, 2020 15 Jul'20

  Huge declines in traditional outsourcing as Covid-19 puts a stop on deals

  Traditional IT outsourcing deals value plummets in the last quarter as contracts dry up amid Covid-19 disruption

• July 08, 2020 08 Jul'20

  Security funding soars despite Covid-19 slump, but problems lie ahead

  The overall cyber security funding ecosystem in the UK is healthier than ever despite Covid-19, but the figures mask stark and concerning disparities in where the money is going

• July 06, 2020 06 Jul'20

  Lorca scale-ups bring diverse security to the fore

  London Office for Rapid Cybersecurity Advancement announces the cyber security scale-ups that will make up its fifth cohort

• July 06, 2020 06 Jul'20

  Ferry port implements terminal operation system remotely

  UK ferry port takes advantage of suppliers remote-working capability to complete IT project during lockdown

• July 03, 2020 03 Jul'20

  Green tech needed for post-Covid economic recovery

  Green technology investments could help society recover from the coronavirus – and prepare it for the long-term negative social and economic outcomes of climate change

• July 03, 2020 03 Jul'20

  Bergen’s tech hub seeking to scale after positive start

  Norway's second largest city is building a tech ecosystem that is beginning its development with a focus on the city's industrial heritage

• July 02, 2020 02 Jul'20

  New normal of remote working sees more than half of innovation budgets cut

  Nearly one-fifth of tech executives have seen significant reductions in their innovation budgets because of the Covid-19 pandemic, says report