News
Technology startups
-
July 04, 2023
04
Jul'23
Scotland’s Techscaler programme joins forces with CivTech
The partnership between the scaler programme and the innovation accelerator means CivTech alumni companies will be offered Techscaler membership and gain access to its technology hubs, education initiatives and support
-
June 28, 2023
28
Jun'23
Scottish government tech accelerator opens latest funding round
The Scottish government’s CivTech accelerator is seeking technology businesses to help develop new tools to improve public services, as well as to address pressing social and environmental issues
-
June 22, 2023
22
Jun'23
Lloyds Bank to open tech centre in India
UK bank taps into Hyderabad tech ecosystem by opening a tech centre focused on improving digital experiences for customers
-
June 19, 2023
19
Jun'23
Visa takeover means economic turmoil won’t slow Tink’s progress
Tink is one of the pioneers of the open banking sector, and under Visa’s light-touch ownership is continuing to think like a startup
-
June 14, 2023
14
Jun'23
Banks still investing heavily in legacy payments systems
Banks are missing out on additional revenues through payment services because they are stuck with inflexible legacy payments systems.
-
June 13, 2023
13
Jun'23
GoCardless cuts jobs and wants its ‘startup spirit’ back
Payments fintech unicorn GoCardless will cut its workforce in the UK as part of a 15% reduction in its global workforce
-
June 12, 2023
12
Jun'23
Annual spend on regtech to reach more than £200bn by 2028
Global corporates will spend over $200bn in 2028 as the technology is used to help organisations in more industries comply with complex regulations.
-
June 08, 2023
08
Jun'23
CDEI publishes portfolio of AI assurance techniques
The UK’s Centre for Data Ethics and Innovation has published a variety of case studies to show how different assurance techniques can build and maintain trust in artificial intelligence systems
-
June 08, 2023
08
Jun'23
Government and industry figures meet to discuss AI regulation
Tech industry figures are broadly supportive of the need for artificial intelligence to be regulated, but despite growing consensus, there is still disagreement over what effective AI regulation looks like
-
June 07, 2023
07
Jun'23
Open banking regulator sets out next steps
Plans for ongoing evolution of the UK open banking sector have been set out by regulator in bid to grow the open banking sector in a ‘safe, scalable and economically sustainable way’
-
June 06, 2023
06
Jun'23
TechUK publishes ‘UK tech plan’ for next government
Technology businesses are calling on UK politicians to devise a ‘comprehensive, forward-thinking strategy’ to realise the benefits of technology ahead of the next general election
-
June 05, 2023
05
Jun'23
UK has time limit on ensuring cryptocurrency regulatory leadership, says Parliamentary report
Parliamentary report makes 53 recommendations to the government's plans to regulate cryptocurrency
-
June 01, 2023
01
Jun'23
HSBC explores quantum computing for finance sector
UK banking giant works with quantum computing specialist to explore the technology’s potential in the finance sector
-
May 24, 2023
24
May'23
Two-thirds of all 2022 breaches resulted from spear phishing
Research by Barracuda Networks has found that, despite the low volume of spear-phishing attempts, the attacks are highly successful and have major consequences
-
May 24, 2023
24
May'23
JPMorgan’s UK digital retail bank adds more than a million customers in a year
The app-based bank launched in the UK by US giant JPMorgan has added one million customers in the past 12 months
-
May 22, 2023
22
May'23
Worker-focused AI Bill introduced by backbench MP Mick Whitley
Using the 10-minute motion rule, backbench Labour MP Mick Whitley has introduced a worker-focused artificial intelligence (AI) bill to Parliament, which outlines a similar approach to AI being advocated by unions in the UK
-
May 17, 2023
17
May'23
Home Office pushes for more police facial-recognition deployments
An independent report commissioned by the biometrics commissioner of England and Wales reveals that the UK policing minister is pushing for wider adoption of facial-recognition technology by police, and further criticises the government’s proposed ...
-
May 16, 2023
16
May'23
Plexal launches Cyber Runway 3.0 accelerator programme
The latest iteration of Plexal’s government-backed cyber security startup accelerator will run four work streams to boost startups at various stages of maturity and growth
-
May 12, 2023
12
May'23
MEPs vote in raft of amendments to EU AI Act
The proposed amendments to the EU’s AI Act have garnered a mixed reception from both industry and civil society, with the former seeing it as too stringent and the latter as not stringent enough in many areas, despite positive progress in others
-
May 03, 2023
03
May'23
Cyber Action Plan for Wales launched
The devolved Welsh government has set out four priorities in an action plan designed to foster cyber resilience, talent and innovation across the country
-
May 03, 2023
03
May'23
US competition watchdog issues generative AI warning
Generative AI can be used to manipulate people into making harmful decisions, says US Federal Trade Commission in warning to firms building and using AI-powered tools
-
April 27, 2023
27
Apr'23
Zopa’s emotional journey to becoming a bank
Zopa Bank’s CEO sees no reason why the app-based bank should not be as big as the high street giants
-
April 26, 2023
26
Apr'23
UK government introduces Digital Markets Bill to Parliament
The Digital Markets, Competition and Consumers Bill will seek to level the playing field in digital markets by empowering regulators with new tools and powers to directly enforce competition and consumer protection laws
-
April 24, 2023
24
Apr'23
Amazon Web Services selects 14 startups for space accelerator
The cohort of startups will use AWS and its resources to accelerate the research and development of their technologies and boost their growth
-
April 21, 2023
21
Apr'23
Prototype cyber tech has revolutionary potential
The so-called CHERI protection model developed at the University of Cambridge is showing great promise for future cyber security technologies
-
April 20, 2023
20
Apr'23
Banks don’t want to develop fintech in-house
Banks are increasingly partnering with fintechs to gain access to their platforms, with few interested in developing such capabilities in-house
-
April 20, 2023
20
Apr'23
Good Friday Agreement key to growth of Northern Ireland cyber hub
Now 25 years since the historic Good Friday Agreement ended the Troubles, Northern Ireland has become a flourishing centre of cyber security excellence and has ambitions to grow further
-
April 20, 2023
20
Apr'23
UK SMEs are the most tech savvy in Europe
UK SMEs have taken to contactless payments faster than their counterparts in continental Europe
-
April 18, 2023
18
Apr'23
Reduced spending on cloud services weighs European IT services market down
Reduced spending on cloud services in the EMEA region meant a year-on-year drop in total IT and BPO services spend
-
April 14, 2023
14
Apr'23
Global spending on IT and BPO down as cloud deals slow
Spending on IT and BPO services drops as demand for cloud services slows
-
April 13, 2023
13
Apr'23
Sweden and Finland make advances in quantum computing
Separate Swedish and Finnish quantum computing projects make promising advances in the technology of the future
-
April 13, 2023
13
Apr'23
ICO responds to UK government AI regulation plans
The ICO has officially responded to the government’s plans for regulating artificial intelligence as outlined in its recent whitepaper, but called for clarity on certain aspects before the proposals are taken further
-
April 11, 2023
11
Apr'23
Scotland links its tech scaler programme with the NHS
As part of the deal, firms part of the tech scaler programme aimed at helping startups scale up will be given access to NHS regional test beds
-
April 05, 2023
05
Apr'23
Nordic app-based bank offloads its peer-to-peer lending business
Danish fintech Lunar has sold its peer-to-peer lending business to Sweden’s SaveLend
-
April 05, 2023
05
Apr'23
Developers say Apple and Google are running app store monopolies
Coalition for App Fairness and its members speak to Computer Weekly about alleged anti-competitive practices of Apple and Google in their respective app stores, and call for urgent regulatory action to level the playing field
-
March 31, 2023
31
Mar'23
Generative AI central to Accenture’s tech vision
Generative AI will play a central role over the next 10 years as the digital and physical world become more and more integrated
-
March 30, 2023
30
Mar'23
How millions of consumers and businesses are using open banking
SMEs and consumers are increasingly turning to open banking services to help them manage their businesses and lives
-
March 29, 2023
29
Mar'23
UK’s open banking industry at a crossroads
The UK open banking sector is at a crossroads and suppliers need more certainty about its direction, says report
-
March 29, 2023
29
Mar'23
UK government publishes AI whitepaper
Artificial intelligence whitepaper outlines UK government’s proposals to regulate the technology, which are based around creating an agile, “pro-innovation” framework
-
March 29, 2023
29
Mar'23
Lloyds Bank looking for fintech partners
Lloyds Banking Group wants to partner startups in the financial services sector in its latest fintech and insurtech programme
-
March 27, 2023
27
Mar'23
CBI launches campaign to boost UK tech unicorns
The CBI has launched a campaign to transform the UK’s technology unicorns into decacorns valued at $10bn, with specific policy recommendation due to be published later in 2023
-
March 24, 2023
24
Mar'23
Accenture to cut 19,000 jobs globally
Accenture is cutting ‘structural’ costs which includes a reduction of 19,000 staff and a consolidation of office space
-
March 23, 2023
23
Mar'23
Tech Nation says UK needs roadmap to help tech sector reach $4tn
In its final report published before shutting for good in April, Tech Nation has outlined success of the UK’s tech sector to date, and explores at a high level what needs to be done to ensure massive future growth
-
March 17, 2023
17
Mar'23
UK government to create code of practice for generative AI firms
The code will look to strike a balance between copyright holders and generative AI firms so that both parties can benefit from the use of copyrighted material in training data
-
March 16, 2023
16
Mar'23
Budget 2023: startups extra funding via R&D relief and pensions
UK government aims to promote increased investment in research and development-intensive startups through tax relief measures, relaxed pension rules, and new investment zones
-
March 14, 2023
14
Mar'23
AI interview: Elke Schwarz, professor of political theory
Elke Schwarz speaks with Computer Weekly about the ethics of military artificial intelligence and the dangers of allowing governments and corporations to push forward without oversight or scrutiny
-
March 13, 2023
13
Mar'23
HSBC buys Silicon Valley Bank UK arm for £1 following collapse
UK tech ecosystem welcomes government intervention to facilitate HSBC purchase after the collapse of SVB left many UK startups unable to access their deposits
-
March 10, 2023
10
Mar'23
Technology minister Michelle Donelan defends data reforms
Secretary of state Michelle Donelan has defended the government’s new data reforms as providing certainty for businesses while simultaneously retaining high standards of data protection, but industry figures are having mixed reactions
-
March 08, 2023
08
Mar'23
UK government introduces revised data reform bill to Parliament
Designed in close collaboration with technology businesses, the UK government is re-introducing an updated version of its Data Protection and Digital Information Bill to Parliament, which civil society groups say upends key safeguards
-
March 02, 2023
02
Mar'23
UK government migration scheme to boost tech ties with India
The UK has agreed to allow thousands of young Indian professionals to work for two years in the UK as part of a migration exchange