News

Technology startups

• July 27, 2021 27 Jul'21

  Gaming could reduce the gamble for users of online finance

  Financial gaming platform designed to educate the increasing number of amateur traders

• July 20, 2021 20 Jul'21

  Research and development investment programme launches in UK

  A government-backed investment programme designed to direct more capital towards research and development-intensive technology firms has opened for applications

• July 20, 2021 20 Jul'21

  Uber drivers face real-terms pay cut after service fee hike

  Unionised Uber drivers have condemned the ride-hailing firm for ‘cynically’ framing its UK service fee rise as a way of improving equality among drivers, rather than a pay cut

• July 13, 2021 13 Jul'21

  Regional cyber clusters score £700k of funding

  DCMS has awarded £700,000 of funding to a network of 20 regional cyber clusters

• July 13, 2021 13 Jul'21

  AI to have biggest impact on fintech development over next five years

  Artificial intelligence will become the most influential technology in the fintech sector over the next five years

• July 08, 2021 08 Jul'21

  Developers have a moral duty to create ethical AI

  Corsight AI publishes report on how organisations can develop more human-centric AI and biometric technologies

• July 06, 2021 06 Jul'21

  Gulf hospitals flock to digital health to manage lifestyle diseases

  The Middle East is accelerating its take-up of digital healthcare technologies following lessons learned in the Covid-19 pandemic

• July 06, 2021 06 Jul'21

  Nordic fintech could lead the world

  Will the Nordics become the fintech and open banking innovation capital of the world?

• July 05, 2021 05 Jul'21

  Klarna’s alumni thrive with new ventures after witnessing path to success

  Former Klarna employees are using their experiences with the fintech giant to create the next wave of Swedish tech startups

• July 02, 2021 02 Jul'21

  Cricket Australia’s replatforming of online services paid off during pandemic

  Cricket Australia was able to keep digital services up and running during a period of unprecedented customer demand

• July 01, 2021 01 Jul'21

  UK government issues “safety by design” guidance for tech firms

  The guidance is designed to help technology companies embed safer design for users into their services in anticipation of the Online Safety Bill becoming law

• June 28, 2021 28 Jun'21

  Zopa Bank to make profit in its first year

  Bank set up by peer-to-peer lending fintech firm expected to make a profit in its first year

• June 28, 2021 28 Jun'21

  German merger to fuel savings fintech expansion

  German savings fintechs merge and plan European and US expansion

• June 24, 2021 24 Jun'21

  Visa to acquire Swedish open banking fintech for €1.8bn

  Payments giant Visa agrees to pay €1.8bn to acquire Tink, a specialist open banking fintech

• June 23, 2021 23 Jun'21

  Thousands of UK IT SMEs in financial distress with 185,000 jobs at risk

  Thousand of jobs in the UK IT sector are at risk as nearly 50,000 small businesses find themselves in dire straits financially

• June 18, 2021 18 Jun'21

  ICO issues guidance on facial recognition in public spaces

  Information commissioner’s concern over the problematic use of facial recognition in public spaces has prompted her to publish official guidance on its deployment, while civil society calls for an outright ban

• June 18, 2021 18 Jun'21

  Lorca Ignite programme targets breakout cyber talent

  Six of the most successful companies to have come through Lorca’s existing accelerators are being inducted into an intensive programme

• June 17, 2021 17 Jun'21

  Accenture acquisition will expand services that help customers be more like Tesla

  Accenture’s latest acquisition will boost the part of the organisation that helps manufacturers and engineering firms be more like Tesla

• June 16, 2021 16 Jun'21

  Tech sector hiring reaches highest level in five years

  The number of job vacancies in the UK tech sector has reached the highest level since 2016, with massive expansion of remote working opportunities and growing demand for software developers

• June 15, 2021 15 Jun'21

  UK IT outsourcing set to continue after service levels improve during pandemic

  UK organisations will increase IT outsourcing following the Covid-19 pandemic

• June 15, 2021 15 Jun'21

  Amazon Web Services launches space tech accelerator

  Accelerator will see a cohort of 10 space startups use AWS to accelerate their research, development and growth

• June 11, 2021 11 Jun'21

  Virgin Atlantic expands 17-year relationship with TCS as it begins Covid-19 crisis recovery

  Virgin Atlantic has expanded its IT services agreement with Tata Consultancy Services, with 70 of its IT staff transferring to the supplier

• June 09, 2021 09 Jun'21

  Klarna takes on UK credit card providers with feature that breaks up online payments

  Fintech unicorn introduces feature to its app in the UK which will challenge traditional credit card providers

• June 04, 2021 04 Jun'21

  Indian IT giants cut carbon emissions by 85% as pandemic stops travel

  Spurred by pandemic-related challenges, India’s IT industry has slashed travel costs and carbon emissions through the use of the latest technology

• May 27, 2021 27 May'21

  Uber signs collective bargaining agreement with GMB

  Uber and GMB sign “landmark” collective bargaining agreement with no ability to negotiate on earnings, attracting criticism from smaller unions that it lacks teeth

• May 25, 2021 25 May'21

  Stockholm’s startup scene seeks more diversity

  Swedish capital has created a world-leading tech startup environment, but it still lacks the diversity of people needed to move it to the next level

• May 19, 2021 19 May'21

  UK tech sector grows tenfold in 10 years

  Massive expansion of the UK tech sector since 2010 has seen venture capital investment and the number of unicorn businesses increase by factor of 10

• May 18, 2021 18 May'21

  Shift to digital remittances helps sector retain transaction value

  Global remittance volumes and value was more resilient than expected over the past year, partly as a result of the take-up of fintech services

• May 14, 2021 14 May'21

  Cabinet Office launches climate challenges for startups

  The Cabinet Office has partnered with government technology accelerator Public to run a programme for startups developing innovative digital and data technologies that can help with some of the most pressing climate issues

• May 12, 2021 12 May'21

  CyberUK 2021: NCSC encourages startups to invest in cyber

  National Cyber Security Centre is launching bespoke cyber security guidance aimed at the UK’s valuable startup community

• May 06, 2021 06 May'21

  Tech startups turn to digital PR platform for media exposure

  Digital PR platform Newspage helps early-stage tech startups with limited resources increase their visibility to journalists and news organisations

• May 05, 2021 05 May'21

  Delivering international talent to Helsinki’s tech ecosystem

  Finland’s capital is the envy of the world as a tech hub, but it still faces challenges in attracting skills in a highly competitive global market

• April 28, 2021 28 Apr'21

  Norway’s agritech innovators are ready to expand to pastures new

  A tech startup industry aimed at modernising farming is making hay in Norway and laying down roots in other countries

• April 27, 2021 27 Apr'21

  UK supermarkets to trial age estimation tech for alcohol purchases

  Biometric age estimation technology developed by Yoti to be tested in UK supermarkets for alcohol purchases as part of government-led digital identities initiative

• April 20, 2021 20 Apr'21

  Transatlantic relationship strengthens Sweden’s startup sustainability

  Nordic startup network is taking lessons from Canada in getting women into the IT industry

• April 19, 2021 19 Apr'21

  UK fintech investment hits new heights as government announces increased support

  The UK fintech sector saw high levels of investment in the first quarter of this year, with increased support from the government

• April 14, 2021 14 Apr'21

  Europe provides growth for TCS despite year floored by pandemic

  Tata Consultancy Services grows its continental European business despite economic slowdown brought by Covid-19 restrictions

• 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