News

Technology startups

• 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