News
Information technology (IT) in Turkey
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March 01, 2022
01
Mar'22
Zopa Bank to sponsor 50 Ukrainian tech professionals with visa offer
IT companies are reaching out to IT professionals in the Ukraine with offers of support for those looking to work in the UK
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February 28, 2022
28
Feb'22
EU big tech laws put in context by Russian invasion of Ukraine
Pressure is mounting on EU institutions to cut back regulations they are preparing to impose on US big tech firms while forming laws to create a single digital market
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February 28, 2022
28
Feb'22
Ukraine cyber attacks seen spiking, but no destructive cyber war yet
While cyber attacks linked to Russia’s war on Ukraine are taking place, they are having little impact beyond the region
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February 11, 2022
11
Feb'22
Why security professionals should pay attention to what Russia is doing
Even though the average organisation is an unlikely target for a Russian state cyber attack, here's why security teams still need to watch what Russian threat groups are up to
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January 27, 2022
27
Jan'22
CISOs must get out in front of Ukraine cyber crisis, says NCSC
The National Cyber Security Centre is urging UK organisations to take steps to bolster their cyber security resilience in response to the ongoing Ukraine crisis
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January 26, 2022
26
Jan'22
More intel emerges on WhisperGate malware that hit Ukraine
Security experts have been poring over the WhisperGate malware with which alleged Russia-backed entities targeted Ukrainian government websites
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January 25, 2022
25
Jan'22
Prepare, but don’t panic, over supposed Russian cyber threat
A fresh alert from the US Department of Homeland Security may have IT security teams jumpy over the possibility that their organisations could be targeted by Russian state actors
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January 12, 2022
12
Jan'22
Outsourced IT and business services hit record levels in 2021
Spending on IT and business process outsourcing services in Europe hits highest ever level in 2021, with cloud service spending continuing to grow rapidly
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December 07, 2021
07
Dec'21
AI assistant Bürokratt to reduce bureaucracy in Estonian government
Estonia to launch a Siri-like digital assistant that will automate the completion of government service requests
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December 06, 2021
06
Dec'21
European finance firms increase open banking spend
Financial services firms are increasing investment in open banking capabilities, with improvements to payment initiation and onboarding capabilities expected
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December 01, 2021
01
Dec'21
Unesco member states adopt AI ethics recommendation
The non-binding recommendation seeks to define a common set of values and principles to guide the development of ethical AI globally
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November 10, 2021
10
Nov'21
EU artificial intelligence regulation risks undermining social safety net
Europe’s proposed artificial intelligence regulation will not adequately protect people from European governments' increasing use of the technology in social security decisions and resource allocation, says Human Rights Watch
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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
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November 01, 2021
01
Nov'21
Payments through open banking could end card dominance
Payments made through open banking will eat into those made using cards as the next five years sees an acceleration in adoption
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September 30, 2021
30
Sep'21
Digital bank fined by regulator due to weak anti-money laundering controls
German digital bank is fined by financial services regulator for failing in relation to its anti-money laundering practices
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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
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August 11, 2021
11
Aug'21
Global fintech investments reach new heights
The global financial technology industry is emerging from the pandemic-triggered slowdown with record levels of investment to fuel further growth
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August 10, 2021
10
Aug'21
Dutch lead the way in protecting themselves against internet risks
Dutch citizens come top in a study on awareness of internet risks in Europe, which showed major differences across the continent
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July 14, 2021
14
Jul'21
More than half of European IT outsourcing spending will soon be on cloud services
Cloud services will soon be the largest part of the IT services market in Europe, as enterprises invest in them as part of their Covid-19 recovery strategies
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June 11, 2021
11
Jun'21
FBI planned a sting against An0m cryptophone users over drinks with Australian investigators
Australian Federal Police and the FBI came up with the idea over drinks: build a cryptophone network with a built-in backdoor and sell it to crime gangs around the world
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June 09, 2021
09
Jun'21
FBI arrests distributors accused of selling An0m encrypted phones to crime groups
Working with overseas law enforcement, the FBI has arrested eight people and named a further 13 accused of distributing An0m phones to organised crime groups
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May 24, 2021
24
May'21
MEPs urge European Commission to revise UK adequacy decisions
Members of the European Parliament are calling for the European Commission to ensure EU citizens have greater privacy rights
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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
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March 29, 2021
29
Mar'21
How far has open banking come in Europe?
Open banking is a relatively new concept, having come into effect in Europe only in the last couple of years. So what is the state of play?
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February 18, 2021
18
Feb'21
Fingerprints will help payment cards retain relevance
Biometric payment cards using fingerprint technology could add billions to global banking revenues, says UBS
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February 16, 2021
16
Feb'21
TransferGo to harness Google-inspired tech capability
Payments fintech TransferGo chooses cloud-native core banking platform to build a digital wallet and expand its services
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February 02, 2021
02
Feb'21
Nordic countries dominate European online banking take-up
Nordics dominate online banking take-up in Europe, but the UK is not far behind
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January 11, 2021
11
Jan'21
Jobs in fintech bounce back after brief lockdown lull
Fintechs and payments companies need to make staff recruitment a priority as talent pool shrinks
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November 13, 2020
13
Nov'20
IT Priorities 2020: European IT budget share reflects home-working challenges brought by Covid
European organisations are being forced to redivert more limited budgets during the pandemic
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November 11, 2020
11
Nov'20
EU aid funds used to train ‘unaccountable intelligence agencies’ in high-tech surveillance
Hundreds of documents obtained by campaign group Privacy International show how the EU is supporting surveillance programmes in the Balkans, the Middle East and Africa
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August 05, 2020
05
Aug'20
Netherlands investigates innovative privacy technology SSI
Dutch research organisation is looking into areas where self-sovereign identity technology could be used in society and business
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July 15, 2020
15
Jul'20
Huge declines in traditional outsourcing as Covid-19 puts a stop on deals
Traditional IT outsourcing deals value plummets in the last quarter as contracts dry up amid Covid-19 disruption
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May 20, 2020
20
May'20
Coronavirus: Pandemic spurs QR code app upgrade at PayPal
PayPal introduces QR code payment functionality to its mobile app to support social distancing
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May 05, 2020
05
May'20
Coronavirus: Total outsourcing spending collapses in March
IT spending plunged in March, drastically reducing increases that had been expected in the EMEA region
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April 09, 2020
09
Apr'20
How Bolt plans to be more uber than Uber
Overcoming competitors with brand names that have become part of the modern vernacular is a challenge Estonia-based Bolt has set itself as it takes on Uber
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March 18, 2020
18
Mar'20
Estonia offers digital tools to countries struggling with coronavirus school closures
Government and tech companies in Baltic state unite to offer advanced digital learning tools to other countries
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February 26, 2020
26
Feb'20
Thousands of UK entrepreneurs register businesses in Estonia since Brexit referendum
UK entrepreneurs are registering businesses in Estonia to make sure they can continue to trade freely in the EU
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February 25, 2020
25
Feb'20
IT Priorities 2020: Cloud storage key but SAN/NAS alive and well
In the Computer Weekly/TechTarget IT Priorities survey cloud dominates storage spending priorities for 2020, but on-premise technologies such as SAN and NAS are still key to IT
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February 25, 2020
25
Feb'20
Mastercard creates 1,500 tech jobs in Ireland
New roles at tech hub in Dublin will include professionals with expertise in artificial intelligence, cyber security, blockchain and user experience
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February 04, 2020
04
Feb'20
Azimo gets loan from European Investment Bank to build cross-border payments infrastructure in EU
UK fintech gets validation from EIB through €20m loan which will contribute to building its smartphone app-based payments infrastructure
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February 03, 2020
03
Feb'20
New jobs in Ireland as Brexit forces Revolut to migrate work from London
Brexit has pushed the financial technology firm into moving London jobs to Ireland
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February 03, 2020
03
Feb'20
Cost-cutting and digital transformation spur increased European IT outsourcing in 2019
The need to rein in costs while digitally transforming has led to growth in traditional and as-a-service base outsourcing
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January 31, 2020
31
Jan'20
Estonian CIO gives UK IT professionals hope as Brexit removes rights
Tech chief says Estonia’s door is open to UK IT professionals if they want to continue enjoying an EU lifestyle
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January 22, 2020
22
Jan'20
UK and EU AI communities will only be globally significant if they work as one
The European Union and the UK will be left behind in artificial intelligence research and development if they take separate paths after Brexit
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January 21, 2020
21
Jan'20
High-street banks face disruption three weeks after Travelex hack
Foreign exchange services still disrupted, three weeks after Travelex received a $6m ransom demand from cyber gangsters
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January 16, 2020
16
Jan'20
UK’s phone and internet bulk data surveillance unlawful, says EU court opinion
The Advocate General of the European Court of Justice issues legal opinions finding that the UK, French and Belgian bulk surveillance regimes are unlawful
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January 13, 2020
13
Jan'20
Travelex to begin restoring foreign exchange services two weeks after ‘Sodinokibi’ attack
Travelex says it is making “good progress” in its recovery and is to begin restoring electronic foreign exchange services, but is silent about whether it has agreed to pay hackers a $6m ransom to decrypt computer files
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January 09, 2020
09
Jan'20
Travelex hackers threaten to sell credit card data on dark web
Sodinokibi cyber gangsters have threatened to sell Travelex customers’ private data on a Russian underground cyber crime forum if it fails to pay a $6m ransom
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January 06, 2020
06
Jan'20
Cyber gangsters demand payment from Travelex after ‘Sodinokibi’ attack
Cyber criminals are demanding payment to decrypt Travelex’s computer files after a devastating malware attack. New questions have been raised about the security of Travelex’s computer network after it emerged the company waited eight months to patch...
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January 03, 2020
03
Jan'20
Suspected ransomware attack causes worldwide disruption for Travelex
Travelex switches off computer systems and resorts to cash-only currency sales after malware attack. Insiders claim the currency exchange chain has been hit by ransomware which has left critical files containing customer data encrypted