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Technology startups

• January 20, 2022 20 Jan'22

  Zopa Bank hits £1bn deposits in just 18 months

  Bank has seen rapid growth since its launch and has set ambitious targets for the next 12 months

• January 20, 2022 20 Jan'22

  NCSC for Startups programme seeks ransomware-busters

  Innovative ideas for ransomware-busting technology are being sought by the UK’s National Cyber Security Centre and startup incubator Plexal

• January 11, 2022 11 Jan'22

  Companies propose scanning content pre-encryption to fight CSAM

  Firms working on the UK government’s Safety Tech Challenge have suggested that scanning content before encryption will help prevent the spread of child sexual abuse material – but privacy concerns remain

• January 06, 2022 06 Jan'22

  Record amount invested in UK fintech last year, but female founders still overlooked

  Last year the UK financial technology sector attracted the most investment ever following a slowdown in 2020

• January 05, 2022 05 Jan'22

  Fintech players get cozy in Luxembourg

  Luxembourg aims to play a larger role in the rapidly growing global fintech market

• December 31, 2021 31 Dec'21

  Top 10 startup stories of 2021

  Here are Computer Weekly’s top 10 startup stories of 2021

• December 29, 2021 29 Dec'21

  Top 10 Nordic IT stories of 2021

  Computer Weekly selects some of the biggest Nordic tech stories of 2021

• December 21, 2021 21 Dec'21

  Large organisations turning to digital currencies for stored value

  Gartner predicts a major acceleration in the use of digital currencies over the next couple of years

• December 21, 2021 21 Dec'21

  IT services spending recovery to get renewals boost in 2022

  IT services and BPO deals worth $18.5bn globally up for renewal next year, adding fuel to already-expected high growth

• December 21, 2021 21 Dec'21

  UK tech startups raise almost £30bn in record year

  The UK tech sector has achieved record growth in the past 12 months after the Covid pandemic paused investment

• December 10, 2021 10 Dec'21

  SMEs dominate list of 200 fastest growing tech companies

  List of 200 fastest growing companies in the public sector is made up primarily of small and medium-sized enterprises, which collectively earned £936m from government contracts in the past fiscal year

• December 10, 2021 10 Dec'21

  Channeling Nordic startup innovation towards global survival

  Nordic startup innovation offers global organisations the green light towards sustainability

• December 07, 2021 07 Dec'21

  Former TSB CEO joins money-sharing fintech

  Paul Pester teams up with fintech heavyweights to target multibillion-pound money-sharing market

• December 07, 2021 07 Dec'21

  Fintech boss fires 900 staff on one Zoom call

  Better.com boss used a Zoom call to tell 900 people they no longer had a job

• November 30, 2021 30 Nov'21

  Accenture to create 3,000 UK tech jobs

  Accenture’s recruitment plan in the UK is a response to businesses to the release of pent-up demand for digital transformations

• November 29, 2021 29 Nov'21

  UK ‘impact startups’ raise £2bn in 2021

  Impact startups in the UK have raised record levels of investment this year, with most of the capital raised going to climate tech firms

• November 24, 2021 24 Nov'21

  One in three Norwegian unicorns created in 2021 alone

  Norway’s tech sector has undergone rapid growth in the past year, consolidating the Nordic country’s position as an emerging European tech hub

• November 24, 2021 24 Nov'21

  Kazakhstan’s IT industry growing rapidly thanks to heavy government support

  Kazakhstan’s IT sector is being prepared for international expansion through government investment

• November 19, 2021 19 Nov'21

  UK government announces safety tech challenge fund winners

  The Safety Tech Challenge Fund winners will now develop technologies to limit the spread of child abuse material in encrypted environments, which the government has claimed will not be repurposed for other uses

• November 17, 2021 17 Nov'21

  Security startups line up on Cyber Runway

  Some 108 cyber security startups representing the UK’s most cutting-edge innovators are to join Plexal’s Cyber Runway accelerator

• November 16, 2021 16 Nov'21

  Can UAE become a world leader in AI?

  The UAE has launched multiple programmes as it bids to be a world-leading location for artificial intelligence innovation

• November 11, 2021 11 Nov'21

  Stockholm and Copenhagen: Different IT innovation journeys, similar success

  Swedish and Danish capitals have build compelling tech startup success stories, and now rub shoulders with the likes of San Francisco

• November 09, 2021 09 Nov'21

  Standard Chartered picks Starling Bank tech for product launch

  Standard Chartered able to quickly launch new product through fintech platform

• November 09, 2021 09 Nov'21

  Vienna’s tech startup ecosystem gathers momentum

  After a sustained period of inactivity, Vienna’s startup environment is finally on the rise again

• November 09, 2021 09 Nov'21

  Blockchain technology will help banks will cut cross-border payment costs by $10bn in 2030

  The use of blockchain technology in cross-border payments will save global banks $10bn in 2030, according to research

• November 03, 2021 03 Nov'21

  Facebook self-imposes facial recognition moratorium

  Facebook and Meta have committed to halting their use of facial recognition technology and deleting the biometric data of more than a billion people by the end of 2021, but will retain the underlying algorithms and software for potential use in ...

• November 02, 2021 02 Nov'21

  Cloud-fuelled European IT outsourcing spend hits record high

  European IT services spend up on the back of strong demand for cloud-based services

• October 27, 2021 27 Oct'21

  TechUK slams government gift to big banks that will disadvantage fintechs

  The government will put challenger banks at a disadvantage through its reduction in the bank profit surcharge, says TechUK

• October 27, 2021 27 Oct'21

  Russian IT market growing steadily after pandemic

  Russia’s enterprise IT sector is recovering steadily after a slowdown caused by Covid-19

• October 21, 2021 21 Oct'21

  German regulator imposes limit on number of new customers digital bank can sign each month

  BaFin limits the number of new customers that digital bank N26 can enrol until it is reassured on issues it has raised about the company

• October 20, 2021 20 Oct'21

  Police IT buyers should compel suppliers to prove AI claims

  House of Lords told that UK law enforcement bodies should use their position as buyers to compel private sector suppliers to divulge more information about how their AI-powered technologies work

• October 18, 2021 18 Oct'21

  DCMS appoints Plexal to drive telecoms diversity strategy

  Government chooses UK innovation company to understand and develop the role of SMEs in the telecoms market with particular reference to how to create a diverse market that supports the creation of home-grown, sovereign technology

• October 15, 2021 15 Oct'21

  Global IT outsourcing sees record spending and no sign of slowing

  Cloud services are being taken up by enterprises rapidly as they accelerate digital transformations

• October 12, 2021 12 Oct'21

  Nearly half of finance firms will acquire or partner fintechs in next year

  UK financial services firms are preparing to acquire or partner fintechs as they target business growth

• October 07, 2021 07 Oct'21

  HCL Benelux telco partnership targets SME and government

  Indian IT service provider signs partnership that will see it modernise the core technology of Proximus to offer its services through

• October 06, 2021 06 Oct'21

  Tech Nation adds 30 fintech scaleups to growth programme as funding continues to rise

  UK government-backed startup network adds 30 fintechs to its growth programme amid record investments in finance tech sector

• October 06, 2021 06 Oct'21

  Ocado gets closer to autonomous delivery with Wayve trial

  Startup Wayve takes what it believes is a different approach to autonomous driving by modelling the behaviour of a driver

• October 06, 2021 06 Oct'21

  5PRING issues call for 5G innovation in UK events sector

  West Midlands telecoms industry testbed challenges innovators to help lead the next-generation networks revolution as live events industry gets back to life

• October 04, 2021 04 Oct'21

  Mastercard acquisition of Aiia is a further sign of open banking’s big future

  Mastercard’s acquisition of Denmark-based open banking fintech Aiia follows rival’s takeover of Sweden’s Tink

• September 30, 2021 30 Sep'21

  Starling Bank takes its banking-as-a-service into European Union

  API-based banking-as-a-service offering means customers can access services such as current accounts or debit cards without the need for heavy tech development or regulatory approval

• September 29, 2021 29 Sep'21

  Women in fintech welcome Barclays initiative and demand more from the sector

  Women in UK financial technology have welcomed bank’s new female-focused lab and funding initiative and call for more like it from the sector

• September 24, 2021 24 Sep'21

  London publishes guidelines for ethical use of smart city tech

  Latest draft of the ‘Emerging Technology Charter for London’ encourages local authorities, public services and technology companies to improve how they implement technology in the capital

• September 23, 2021 23 Sep'21

  Tech Nation announces 15 startups for 10th Future Fifty cohort

  Fifteen high-growth startups set to join Tech Nation’s 10th annual Future Fifty programme to help them scale further

• September 19, 2021 19 Sep'21

  UK tech sector on track for another record year of investment

  The UK creates one unicorn tech business a week, as startup funding during the first half of 2021 rockets to £13.5bn

• September 15, 2021 15 Sep'21

  Interview: Chancellor of the Exchequer Rishi Sunak on supporting the UK tech sector

  Computer Weekly talked to Sunak at a Treasury event in front of an audience of tech sector leaders, investors and startups, to discuss how the government can support the digital economy

• September 15, 2021 15 Sep'21

  Tech Nation announces second cohort for Net Zero accelerator

  The Net Zero programme from Tech Nation aims to help tech startups and scaleups realise their potential to reduce global emissions

• September 14, 2021 14 Sep'21

  UK government takes equity shares in more than 150 startups

  Covid-support loans given to startups through the UK government’s Future Fund have given it stakes in more than 150 high-growth enterprises

• September 08, 2021 08 Sep'21

  Estonian government opens its digital heart to tech testers

  Tech startups are being invited to build and test their products and services on the Estonian government’s IT estate for free, in return for use of the software developed

• September 01, 2021 01 Sep'21

  Tech sector spends nearly €100m a year lobbying the EU

  Study on technology firms’ lobbying efforts in the European Union shows the sector spends more than any other in trying to influence policies and legislation

• August 20, 2021 20 Aug'21

  How the pandemic transformed IAG’s Hangar 51 accelerator

  Businesses of all shapes and sizes have had to take a different approach during the pandemic – Dupsy Abiola, head of global innovation at IAG, explains how IAG transformed its Hangar 51 accelerator during the coronavirus outbreak

• August 19, 2021 19 Aug'21

  Inside Estonia’s tech startup scene

  Estonia is a Baltic tech tiger that is fast-gaining an international reputation for competently delivered government e-services at a level that surpasses most of its European and international counterparts

• August 13, 2021 13 Aug'21

  Cyber Runway programme supports new security businesses

  The Cyber Runway programme is a government-backed scheme to support entrepreneurs, startups and scaleups in launching and growing new security businesses

• August 13, 2021 13 Aug'21

  Hospitals see cyber security investment as a low priority

  Almost half of hospitals have experienced an IT shutdown as a result of a cyber attack in the past six months, but just over one in 10 hospital executives see cyber security investment as a high priority

• August 13, 2021 13 Aug'21

  GoStudent: Europe’s newest edtech unicorn

  Europe’s biggest ed-tech unicorn reaches unicorn status and tests sector traditions

• August 12, 2021 12 Aug'21

  NCSC for Startups initiative launched with Plexal

  National Cyber Security Centre and Plexal will support startups to develop products to address the government’s cyber security priorities

• August 12, 2021 12 Aug'21

  ICO consults on new international data transfer agreement

  Information Commissioner’s Office to consult on its draft international data transfer agreement and guidance, which will replace standard contractual clauses to protect personal data during overseas transfers

• August 10, 2021 10 Aug'21

  Researchers uncover database with 126 million unsecured records

  Business-to-business marketing firm OneMoreLead was storing tens of millions of records in an unsecured database, exposing at least 63 million people to fraud, identify theft and phishing campaigns

• August 09, 2021 09 Aug'21

  Possible ransomware attack hits Italian vaccine booking system

  It is still unclear who is behind the attack that caused Covid-19 vaccine bookings in Lazio, Italy, to grind to a halt, as despite masses of files being encrypted no specific ransom demands have been made for the decryptor

• August 05, 2021 05 Aug'21

  Cloud misconfiguration a growing cause of security incidents

  Rapid cloud adoption during the pandemic has increased the attack surface and heightened the risk of misconfiguring services, leaving organisations more vulnerable to cyber attacks

• August 04, 2021 04 Aug'21

  Six Isle of Wight schools hit by ransomware attack

  Authorities are still working to manage the fallout from the attack, which has already forced at least one school to delay the start of the new term in September

• August 04, 2021 04 Aug'21

  Leading venture capital firms are failing to protect human rights

  Venture capital firms and high-profile tech accelerators are not conducting human rights due diligence on their investments, which means they cannot be sure the companies they invest in are not causing, or contributing to, human rights abuses

• July 30, 2021 30 Jul'21

  Joint parliamentary committee to scrutinise Online Safety Bill

  A parliamentary “super committee” made up of MPs and lords has been established to scrutinise government online harms approach

• 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