News

Technology startups

• April 21, 2022 21 Apr'22

  Tech to account for over half of regulatory compliance spending

  By 2026, regtech will account for more than half of the money that businesses spend on compliance with regulations

• April 07, 2022 07 Apr'22

  European IT and BPO outsourcing off to strong start

  European IT and business process outsourcing services continue to increase rapidly, with cloud-based services now more than half of the total

• April 05, 2022 05 Apr'22

  Structured decentralisation is the key to unlocking Nordic-level innovation

  Finnish tech entrepreneurs will be taking the stage at the World Economic Forum to tell the world about the role of trust in Finnish startup success

• March 30, 2022 30 Mar'22

  Lax money laundering controls lands N26 with ban from Italian central bank

  German digital bank N26 has had problems with anti-money laundering regulations in the past, and is now banned in Italy

• March 29, 2022 29 Mar'22

  UK tech ecosystem reaches $1tn valuation

  The onset of the Covid-19 pandemic prompted massive investment in the UK’s digital companies, which are collectively valued at $1tn

• March 24, 2022 24 Mar'22

  Ad agency slashes NetApp costs with Datadobi data migration

  US-based branding agency needed to migrate 20TB of large files to new NetApp hardware, but unwilling to stomach the vendor’s migration costs it chose Datadobi instead

• March 17, 2022 17 Mar'22

  Online Safety Bill introduced in Parliament

  The government has introduced its long-awaited Online Safety Bill in Parliament, alongside new criminal offences and sanctions for tech company execs

• March 16, 2022 16 Mar'22

  Estonian anti-money laundering software pilot reaps benefits

  Estonian startup and local banks have successfully piloted a data-sharing platform that prevents money laundering

• March 11, 2022 11 Mar'22

  Majority of UK adults support legal right to disconnect

  The introduction of ‘right to disconnect’ legislation to stop employees having to engage in work-related electronic communications outside their normal hours remains popular in the UK

• March 11, 2022 11 Mar'22

  AWS launches its first UK healthtech accelerator

  A cohort of 12 startups will use AWS resources to accelerate their technology and business development, with opportunities to sell to public sector healthcare organisations at the end

• March 07, 2022 07 Mar'22

  NHS AI framework offers decision support for stroke diagnosis

  Procurement framework aims to help hospitals gain access to pioneering AI-powered image analysis for stroke detection

• February 21, 2022 21 Feb'22

  Open banking surpasses five million UK customers

  Upwards of five million people in the UK are using open banking services as the financial sector’s fintech revolution gathers pace

• February 16, 2022 16 Feb'22

  2021 another record year for UK cyber investment

  Total revenue generated by the UK’s cyber sector was up 14% last year, and UK-registered security firms raised over £1bn in investment

• February 09, 2022 09 Feb'22

  Minister defends digital economy legislation before Lords

  A digital minister has said that the UK’s forthcoming digital markets legislation is ‘superior’ to similar efforts in the EU, but could not commit to a specific time frame for when it will be introduced to Parliament

• February 08, 2022 08 Feb'22

  The Security Interviews: Building the UK’s future cyber ecosystem

  As the government lays out the next iteration of its Cyber Security Strategy, we speak to Plexal and Lorca’s Saj Huq about his work building a cyber ecosystem to support the UK’s future ambitions

• February 08, 2022 08 Feb'22

  UK fintech investment sees sevenfold increase in a year

  UK fintech investment rose from $5.2bn in 2020 to $37.3bn in 2021, with 603 private equity, venture capital and merger and acquisition deals

• February 07, 2022 07 Feb'22

  Government expands tech firms’ obligations in Online Safety Bill

  UK government announces changes to its forthcoming Online Safety Bill, including new criminal offences and expanded list of content internet companies will need to proactively address

• February 07, 2022 07 Feb'22

  Breaking the noise barrier: The startups developing quantum computers

  Noise limits the scalability of quantum computing. Computer Weekly speaks to startups that are turning down the volume

• February 04, 2022 04 Feb'22

  Female tech founder programme hits Helsinki

  From Denmark to Finland: Helsinki’s women in tech are introduced to Tech Nordic Advocates’ International Mentoring Programme

• February 02, 2022 02 Feb'22

  Nationwide Building Society streamlines digital onboarding through API

  Building society is improving its digital onboarding process through application programming interface-based technology from a US startup

• February 02, 2022 02 Feb'22

  Saudi Arabia to invest billions of dollars in technology and startups

  Saudi Arabia announces $6.4bn investment in its tech sector as part of plans to diversify its economy

• February 01, 2022 01 Feb'22

  Sweden’s Husqvarna expands IT outsourcing deal with HCL

  Swedish power tool maker expands its contract with Indian IT service provider as it continues on its digital journey

• January 31, 2022 31 Jan'22

  UK has record year for tech IPOs in 2021

  Tech companies represented 29% of all UK initial public offerings last year, raising a record $6.6bn

• January 24, 2022 24 Jan'22

  India’s cyber security industry doubles in size amid pandemic

  Revenues from cyber security products and services reached $9.85bn in 2021 thanks to rapid digitalisation and regulatory attention on data and privacy

• 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 cosy 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

  Channelling 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 ...