News

Technology startups

• 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

• February 28, 2023 28 Feb'23

  Industrial safetytech startups secure £150m funding since 2020

  Industrial safetytech investment reached a record high of $100m in 2021, and remains significantly ahead of pre-pandemic funding levels despite a dip in 2022

• 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

• February 28, 2023 28 Feb'23

  Government announces national fintech hub

  The UK Treasury has announced a centre for fintech innovation, two years after a major report recommended one

• February 22, 2023 22 Feb'23

  UK HSE to launch regulatory sandbox for industrial safety tech

  The sandbox will see the regulator work with industry and tech startups to accelerate the development and adoption of a range of safety-related technologies, with a particular emphasis on data and analytics

• 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

• 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

• February 16, 2023 16 Feb'23

  Helsinki’s tech and business ecosystem in 90 days

  Helsinki gives tech entrepreneurs a taste of life and business in Finland for 90 days as it bids to attract global tech startups

• 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

• February 13, 2023 13 Feb'23

  KPMG launches metaverse and digital twin hub in Saudi Arabia

  The Saudi Arabian government’s commitment to investing in metaverse technology has attracted a KPMG centre of excellence to its shores

• February 06, 2023 06 Feb'23

  Estonian anti-money laundering platform used to fight APP fraud

  A real-time data-sharing platform originally built to identify money laundering is also being applied to the fight against authorised push payment fraud

• February 01, 2023 01 Feb'23

  NCSC for Startups inducts four companies into programme

  Four more startups are set to join the NCSC accelerator, which helps the UK government develop technology and approaches to pressing cyber security challenges

• February 01, 2023 01 Feb'23

  PayPal slashes 2,000 jobs in face of tough economic outlook

  Fintech giant making thousands of redundancies as global economic outlook remains poor

• January 31, 2023 31 Jan'23

  Tech Nation to shutter after more than a decade

  Tech Nation due to shutter after losing core funding to Barclays Eagle Labs, which will take over its role in supporting UK technology startups and scaleups

• January 24, 2023 24 Jan'23

  Executive interview: Andrew Roughan, CEO, Plexal

  Plexal CEO Andrew Roughan talks about how tech startups collaborate with the government to transform public services, the barriers to entry, and how the process can be improved

• January 20, 2023 20 Jan'23

  Barclays Eagle Labs awarded Digital Growth Grant over Tech Nation

  Barclays Eagle Labs incubator to take over Tech Nation’s role in administering UK government digital growth grant amid backlash from startup ecosystem

• January 13, 2023 13 Jan'23

  Unionised contract workers who train Google’s AI win pay rise

  Google contract workers employed at artificial intelligence training supplier RaterLabs have secured their first-ever pay rise, following collective demands that Google fulfil its own commitment to pay its extended workforce a minimum of $15 an hour

• January 11, 2023 11 Jan'23

  SMEs eye moving business to challenger bank

  Known for their consumer banking success, challenger banks are now winning over hearts and minds in the small business sector

• January 10, 2023 10 Jan'23

  Latest Innovate Finance report reveals decrease in UK fintech investment, but like-for-like increase

  Innovate Finance’s latest figures on fintech investment show reduction in UK, but report methodology leaves this open to change

• January 04, 2023 04 Jan'23

  Why India’s Mphasis chose West Yorkshire for tech hub

  IT services firm Mphasis is moving more service delivery to the UK with around 1000 tech recruits planned for Northern England

• December 29, 2022 29 Dec'22

  CIO interview: David Schwartz, vice-president, PepsiCo Labs

  The food and drinks giant actively seeks out innovative tech startups and runs a programme to find creative ways to use their products to benefit the business

• December 29, 2022 29 Dec'22

  Top 10 technology and ethics stories of 2022

  Here are Computer Weekly’s top 10 technology and ethics stories of 2022

• December 29, 2022 29 Dec'22

  Top 10 technology startup stories of 2022

  Here are Computer Weekly’s top 10 technology startup stories of 2022

• December 15, 2022 15 Dec'22

  Digital Ethics Summit: Who benefits from new technology?

  Experts at the 2022 Digital Ethics Summit say expedited development cycles and obviously over-hyped PR material, in tandem with the public’s near-total exclusion from conversations around technology, is creating distrust towards the tech sector

• December 09, 2022 09 Dec'22

  Labour unveils plans to make UK global startup hub

  The Labour Party has published a review into the UK startup landscape, which calls for a number of changes to help make the country a more attractive place for startups

• December 06, 2022 06 Dec'22

  Industrial IoT focus of next NCSC startup challenge

  The NCSC for Startups programme is looking for innovative ideas to encrypt and secure the industrial internet of things

• November 30, 2022 30 Nov'22

  Parity AI talks about auditing recruitment algorithms for bias

  Algorithmic auditing firm Parity speaks to Computer Weekly about the process of auditing artificial intelligence for bias, following its partnership with AI-powered recruitment platform Beamery

• November 27, 2022 27 Nov'22

  Plexal inducts six into cyber leadership scheme

  Tech innovation hub Plexal is expanding its Cyber Runway programme with a new Ignite strand dedicated to supporting high-potential security leaders

• November 17, 2022 17 Nov'22

  Brexit deregulation will make UK next Silicon Valley, vows Hunt

  Chancellor vows to revolutionise how the IT industry is regulated to spur competition, investment and innovation in a technological ‘Big Bang’

• November 14, 2022 14 Nov'22

  Sadiq Khan launches Data for London Advisory Board

  Board will look at how to join up and share data between public and private London organisations in an effort to build a stronger data economy and improve public services

• November 07, 2022 07 Nov'22

  UK climate tech startup investment doubles in 2022

  Climate technology investment has nearly doubled in the UK over the past year and is growing globally, but questions remain over how to scale capacity and whether the necessary change will occur in time to prevent climate catastrophe

• November 07, 2022 07 Nov'22

  Public sector IT projects need ethical data practices from start

  Data ethics needs to be integrated into public sector IT projects from the very start, and considered throughout every stage of the process, to be effective

• October 26, 2022 26 Oct'22

  ICO warns against using biometrics for ‘emotional analysis’

  ICO warning highlights risk of ‘systemic bias’ and discrimination associated with organisations using biometric data and technologies for emotion analysis

• October 25, 2022 25 Oct'22

  Sainsbury’s outsources for cloud-first benefits

  Retailer signs multi-year IT services contract with Tata Consultancy Services to support move to cloud-first strategy