E-commerce technology

Joint committee publishes report on improving Online Safety Bill

MPs and peers release report on Online Safety Bill following five-month inquiry into the draft legislation and make a number of recommendations on how it can be improved to deal with harmful content and abuse on the internet Continue Reading

By

• Sebastian Klovig Skelton, Data & ethics editor

The rules for a safer internet

In this week’s Computer Weekly, as the government publishes the Online Safety Bill, we look at what the laws mean for internet services. A ransomware victim shares the insider story of the trauma of losing their corporate IT systems. And we ask, what happens when quantum computers get too powerful to verify their output? Read the issue now. Continue Reading

Retailers as tech firms: Next, The Very Group and others see power in the platform

Gap and Reiss are set to utilise Next’s end-to-end e-commerce service, Total Platform, in 2022, as more retailers carve out a future as part tech company Continue Reading

By

• Ben Sillitoe

Number of .uk domain suspensions at record low

Statistics from Nominet show how effective law enforcement action against cyber crime in the UK is paying off Continue Reading

By

• Alex Scroxton, Security Editor

Zopa to focus on banking after closing peer-to-peer lending

Peer-to-peer lending pioneer Zopa to focus on its banking operation after the closure of its original business Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

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 Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Consumers say supermarkets among best at social engagement

Many types of business have improved their online interactions with consumers as a result of the pandemic, with consumers claiming supermarkets are among the most engaging Continue Reading

By

• Clare McDonald, Business Editor

UK consumers warned of increase in credit card application fraud

There has been a sharp rise in fraudsters using stolen personal details to open credit card accounts Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

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 Continue Reading

By

• Sebastian Klovig Skelton, Data & ethics editor

CIO interview: Mia Sorgi, director of digital product and experience, PepsiCo Europe

A trial project using gesture-based technology to help customers order in restaurants is just one example of the pioneering digital innovations being explored by food and drinks giant PepsiCo Continue Reading

By

• Mark Samuels

Government to legislate to make APP fraud reimbursement mandatory

UK payments regulator wants to reduce the huge sums of money lost to authorised push payment fraud and is calling on the banking and tech industries to play their part Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Amazon to stop accepting Visa credit cards in UK due to high fees

Online retail giant Amazon will stop accepting UK Visa credit card payments from January next year Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Arkwright’s till, Tesco GetGo and retail tech’s non-linear innovation journey

The checkout-free Tesco GetGo store shows that retail technology has come a long way since the faulty till draws in Open All Hours, but some of today’s innovation goes back to the future Continue Reading

By

• Ben Sillitoe

IT Priorities 2022: APAC enterprises invest in digital future

Nearly two-thirds of enterprises in Asia-Pacific plan to increase their IT budgets next year in areas such as cloud computing and cyber security to secure their digital future Continue Reading

By

• Aaron Tan, Informa TechTarget

Online sales now account for 34.4% of M&S clothing and home goods

Ongoing digital transformation sees online sales grow for M&S as pandemic consumer habits continue Continue Reading

By

• Clare McDonald, Business Editor

Traditional banks could get revenue boost if they copy digital challengers

Traditional banks could see huge sales increases if they adopted the business models of their digital challengers Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Vienna’s tech startup ecosystem gathers momentum

After a sustained period of inactivity, Vienna’s startup environment is finally on the rise again Continue Reading

By

• Matthew Staff

How cosmetics retailer Lush made over its approach to authentication

Evolving approaches to IT at cosmetics retailer Lush meant the organisation’s previous approach to authentication was no longer up to scratch. Find out how it overcame this hurdle Continue Reading

By

• Alex Scroxton, Security Editor

Women grossly underrepresented in global fintech

Women are CEOs at less than 6% of global financial technology firms and even fewer hold top tech jobs Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

How in-store technology is supporting retail’s sustainability agenda

Boots, Costa Coffee and the major grocers’ in-store technology focus is switching towards systems supporting sustainability goals Continue Reading

By

• Ben Sillitoe

HSBC standardises on DevOps platform

HSBC to standardise and automate software development through CloudBees platform Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

TechUK slams government gift to big banks that will disadvantage fintechs

The government will put challenger banks at a disadvantage through its reduction in the bank profit surcharge, says TechUK Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Retail tech community reacts to BNPL regulatory proposals

Regulation is coming to the buy now, pay later market, but what does it mean for a retail tech community increasingly embracing these solutions? Continue Reading

By

• Ben Sillitoe

Depop launches programme to help charities sell online

Online marketplace Depop has launched a programme to make it easier for charities to set up shops and sell goods online through its platform Continue Reading

By

• Clare McDonald, Business Editor

German regulator imposes limit on number of new customers digital bank can sign each month

BaFin limits the number of new customers that digital bank N26 can enrol until it is reassured on issues it has raised about the company Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Lloyds Bank closes more branches as customers migrate to digital channels

Banking group has announced more closures as part of the ongoing reduction of its branch network Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Zopa becomes unicorn with latest funds to go to bank operation

Zopa will invest in its growing digital bank operation after becoming a unicorn in its latest fund-raising round Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Argos topped online sales for sports and outdoor gear in 2020

Research by betting firm Wette.de has found Argos was the top retailer for online sales of sports-based and outdoor goods during the height of the pandemic Continue Reading

By

• Clare McDonald, Business Editor

Tech Nation adds 30 fintech scaleups to growth programme as funding continues to rise

UK government-backed startup network adds 30 fintechs to its growth programme amid record investments in finance tech sector Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Keeping the UK in the global race to adopt digital identity

The UK government’s proposed digital ID trust framework is a step in the right direction, but more is needed to ensure the successful adoption of digital identity across the economy Continue Reading

By

• Nick Mothershaw, OIX

ICO cookie consent: How will the plan affect businesses?

A data privacy and compliance expert considers what the ICO’s proposals for an overhaul of cookie consent procedures could mean for businesses Continue Reading

By

• Peter Borner

Mastercard acquisition of Aiia is a further sign of open banking’s big future

Mastercard’s acquisition of Denmark-based open banking fintech Aiia follows rival’s takeover of Sweden’s Tink Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Secure Electronic Transaction (SET)

Secure Electronic Transaction (SET) is a system and electronic protocol to ensure the integrity and security of transactions conducted over the internet. Continue Reading

By

• Rahul Awati

JP Morgan Chase digital investment good for UK IT sector, but what’s in it for the bank?

JP Morgan Chase’s digital bank allows it to start from scratch in the UK, with no legacy infrastructure to overhaul Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

UK consumer trust in banks, retailers and telcos declines as scams increase

Consumers are blaming banks, retailers and social media for the huge increase in online scams, survey shows Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Digital regulators need discrete but cooperative remits

The UK’s information commissioner has told MPs that digital economy regulators need discrete remits backed up by strong information sharing powers to both provide clear focus as well as allow for greater cooperation between their disparate but interlinked regimes Continue Reading

By

• Sebastian Klovig Skelton, Data & ethics editor

Authorised push payment fraud sees huge increase as criminals switch tactics

Criminals tricking people into making payments through channels such as fake emails and websites have stolen more money than payment card fraudsters Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Open banking objectives a decade away for over a third of UK finance firms

The completion of complex open banking initiatives could still be over a decade away for many companies in the finance sector Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

How Estonia’s country-as-a-service scheme has attracted tens of thousands of foreign entrepreneurs

Estonia has created a country-as-a-service offering which is attracting entrepreneurs and businesses from across the world Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

JP Morgan launch of UK digital bank expected next week

JP Morgan will launch its UK digital retain bank next week, and continental Europe will be next if it’s a success Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Digital retail: how to optimise success

GUEST BLOG: In this contributed blog post, Greg Ouillon, CTO, New Relic, talks about digital retail and how it has shifted during the pandemic. The last year has certainly changed the high street ... Continue Reading

By

• Clare McDonald, Business Editor

Is 3D printing about to hit the mainstream?

In this week’s Computer Weekly, we find out about the emerging consumer services using 3D printing and ask if the technology is about to go mainstream. Our latest buyer’s guide looks at the importance of sustainable datacentres. And we analyse the risks of increasing contactless card spending limits and whether tech could help. Read the issue now. Continue Reading

ICO in bid to end cookie pop-ups

Outgoing information commissioner Elizabeth Denham will call on her equivalents across the G7 group of countries to collaborate on an overhaul of cookie consent pop-ups Continue Reading

By

• Alex Scroxton, Security Editor

Banking anti-fraud scheme blocks 65% more fraud

Scheme designed to protect vulnerable people against banking fraud has been expanded to include online scams Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

How high can the contactless card limit go without two-factor authentication?

The spending limit for contactless cards has reached an eyebrow-raising triple-digit figure – £100 – raising questions about the need for user authentication Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Tech sector spends nearly €100m a year lobbying the EU

Study on technology firms’ lobbying efforts in the European Union shows the sector spends more than any other in trying to influence policies and legislation Continue Reading

By

• Sebastian Klovig Skelton, Data & ethics editor

Boots leading drive for ‘professionalisation of IT’ in retail

Boots becomes member of the BCS, the Chartered Institute for IT, as CIO Rich Corbridge accelerates drive for the ‘professionalisation of IT’ Continue Reading

By

• Ben Sillitoe

CW Nordics: Klarna alumni energise Stockholm’s startup scene

Klarna, established in 2005, has not only grown into a well-known Swedish fintech brand, but former staff have gone on to create some of the Nordic region's new startup ventures that are currently riding a wave of growth. Find out more about the so-called ‘Klarna academy’. Also read in this issue why growing tech companies in Stockholm say the city's startup environment needs to diversify more. Continue Reading

Challenger banks make reputational gains in business banking

The business banking sector is a big target for digital challengers and some are already building good reputations in the market Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

What will be the bank branch balance in the digital age?

Will the traditional banks be permanently disadvantaged by the need to retain bank branches or could they turn it to their advantage? Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

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 Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Banks could be blocked from closing branches through FCA legislation

UK financial services regulator the Financial Conduct Authority considers legislation that could block some bank branch closures to ensure citizens have easy access to cash Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Around 75% of minority tech employees don’t feel a sense of belonging at work

Research by Capgemini found just over three-quarters of global tech employees who are women or ethnic minorities don’t feel a sense of belonging at work Continue Reading

By

• Clare McDonald, Business Editor

M&S launches initiative to hire software engineers

Supermarket and department store M&S has launched an initiative designed to help it find software engineering talent Continue Reading

By

• Clare McDonald, Business Editor

Gaming could reduce the gamble for users of online finance

Financial gaming platform designed to educate the increasing number of amateur traders Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

New thinking and systems required to tackle online fraud in retail

Online fraud is a growing problem for retail, but are merchants doing enough to update systems and how should they change their actions to address it? Continue Reading

By

• Ben Sillitoe

Nordic banks join forces to compete with fintechs

Collaboration will be key for traditional Nordic banks to retain business amid intense competition from tech companies Continue Reading

By

• Gerard O'Dwyer

Video commerce and livestreaming make waves in retail

The growth in e-commerce during the pandemic is well documented, but the fragmented retail environment has also helped video commerce and livestreaming rise to prominence Continue Reading

Fintech sector continues to attract investment as Revolut hits $33bn valuation

Revolut has become the most valuable financial technology firm in the UK after its latest round of investment, with plans for a ‘superapp’ Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

UK fintech investments recovering from lost year

Fintech investments have bounced back in the first half of this year after a Covid-19-hit 2020 Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Brands opt for headless e-commerce vs. traditional commerce

For large enterprises, headless commerce breaks down websites into user-friendly modules marketers can update. SMBs can also use it, paired with WordPress and other simple tools. Continue Reading

By

• Don Fluckinger, Senior News Writer

Tech and new experiences tackling trouble at t’mall

UK shopping centres are under pressure, but new concepts, tech-infused spaces, and fresh approaches to consumer engagement are revitalising the sector Continue Reading

By

• Ben Sillitoe

Why identity is the central problem for the future of the internet

As debate rages over who has the right to control user identities online, is the concept of decentralised identity about to have its day? Continue Reading

By

• Nick Lambert

Ocado sees 19.8% increase in retail business revenue

Online retailer’s half-year results show a significant increase in revenue for its retail business, with numbers reaching £1.2bn Continue Reading

By

• Clare McDonald, Business Editor

Bank of England searches for new CIO amid once-in-a-generation project

The Bank of England is recruiting a head of IT during a period of major change in its core IT system Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Nordic fintech could lead the world

Will the Nordics become the fintech and open banking innovation capital of the world? Continue Reading

By

• Alex Cruickshank

Nordic mobile wallets to merge onto single tech platform

Plans underway to merge the mobile wallets of various Nordic banks into a single public cloud-based technology platform Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

E-commerce giant Shopify upgrades Liquid, dev tools

Buoyed by the pandemic e-commerce boom, Shopify rolls out upgrades for no-code, low-code and pro-code offerings for its web platform -- and rewrites APIs to make stores faster. Continue Reading

By

• Don Fluckinger, Senior News Writer

Bank branches will be a thing of the past in five years, say bankers

Traditional bank branches are likely to disappear from the high street in the next five years, but banking ecosystems will ensure customer service levels are high, say bankers Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

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 Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

CMA to probe Amazon and Google over fake reviews

The CMA has opened an investigation into Amazon and Google over possible breaches of consumer protection law Continue Reading

By

• Alex Scroxton, Security Editor

Brighton tourists charged thousands of pounds for fairground ride after Worldpay glitch

Tourists at a Brighton attraction were overcharged by thousands of pounds due to a glitch at payment processor Worldpay Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

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 Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Google hands third-party cookies a stay of execution

Google’s proposed Privacy Sandbox initiative – which will see third-party cookies phased out in the Chrome web browser – has been pushed back to 2023 Continue Reading

By

• Alex Scroxton, Security Editor

Lloyds Bank to close 44 more branches

Banking group has announced the closure of a further 44 branches as customers increasingly use other channels for banking Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Digital banks could dominate once baby boomers pass on their wealth

Traditional banks face challenges in the coming years due to an increasing number of millennials only using digital banks Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Video commerce and livestreaming make waves in retail

The growth in e-commerce during the pandemic is well documented, but the fragmented retail environment has also helped video commerce and livestreaming rise to prominence Continue Reading

By

• Ben Sillitoe

CMA secures commitments from Google on future of cookies

The Competition and Markets Authority is opening a consultation on commitments offered to it by Google to ensure its Privacy Sandbox proposals do not harm digital advertising markets Continue Reading

By

• Alex Scroxton, Security Editor

CW Europe: Amsterdam reins back datacentre developments over environmental concern

The construction of datacentres in the Netherlands’ Amsterdam region has accelerated at such a pace that their demands for electricity are causing concern, prompting city authorities and datacentre operators to open a dialogue about sustainable datacentre industry expansion. Also in this issue, find out the state of play in the adoption of open banking across Europe. Continue Reading

RSA spins out fraud and risk unit as Outseer

RSA Security is transitioning its fraud and risk intelligence work into a new business to be called Outseer Continue Reading

By

• Alex Scroxton, Security Editor

BBVA to cut 3,000 jobs in Spain as digital technology transforms industry

Spanish bank is the latest to announce swingeing branch and job cuts amid increased digital competition Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

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 Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

Amazon launches apprenticeship fund for small businesses

The £2.5m Amazon Apprenticeship Fund will be aimed at helping small businesses use the government’s levy transfer scheme to access talent Continue Reading

By

• Clare McDonald, Business Editor

MP-backed push to stop tech giants claiming super-deduction tax relief thwarted

Move to prevent the likes of Amazon using the government's new super-deduction policy to minimise their UK tax liabilities even further fails to win support in the House of Commons Continue Reading

By

• Caroline Donnelly, Senior Editor, UK

Trust is key to keeping the digital customer happy

Consumers were forced into using digital channels during the coronavirus lockdowns, but some digital users now plan to return to the physical world Continue Reading

By

• Cliff Saran, Managing Editor

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 Continue Reading

By

• Matthew Staff

Pandemic tech use heightens consumer privacy fears

Report on consumer attitudes to privacy finds evidence of a “heightened sense of fear” as digital footprints expand inexorably Continue Reading

By

• Alex Scroxton, Security Editor

UK government publishes Online Safety Bill draft

Bill builds on previous commitments by the government, which has added new measures to uphold democracy and freedom of speech while making tech giants more accountable Continue Reading

By

• Sebastian Klovig Skelton, Data & ethics editor

The Security Interviews: Why helpful bots could hurt vaccine roll-outs

Earlier this year, spikes in traffic to websites containing information about Covid-19 vaccines were attributed by Imperva to automated bots scraping data. Why is that a problem? Continue Reading

By

• Alex Scroxton, Security Editor

Running a bees and spirits business on low-code

We look at how a small honey and gin producer has adapted and grown its business without requiring external software development expertise Continue Reading

By

• Cliff Saran, Managing Editor

Government urged to add scam protections to Online Safety Bill

Group of organisations calls for the government to use the Online Safety Bill to protect people from cyber scams Continue Reading

By

• Alex Scroxton, Security Editor

Scammers accidentally reveal fake Amazon review data

More than 13 million records relating to an organised fake review scam have been found on an unsecured ElasticSearch database, implicating hundreds of thousands of people in unethical behaviour Continue Reading

By

• Alex Scroxton, Security Editor

How KFC put digital on the menu

In this week’s Computer Weekly, we find out how fast-food chain KFC turned to digital to survive the pandemic. Our latest buyer’s guide looks at technologies to improve office productivity for home workers. And we assess the growing problem of electronic waste and how to tackle it. Read the issue now. Continue Reading

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 Continue Reading

By

• Sebastian Klovig Skelton, Data & ethics editor

How AI and automation drive better customer service

Forrester analysts explore the benefits of combining artificial intelligence with automation Continue Reading

By

• Karine Cardona-Smits and Ian Jacobs

CW Middle East: Qatari regulator launches platform to help combat money laundering

The Qatar Financial Markets Authority is using a digital platform to enable financial services professionals to assess their knowledge of anti-money laundering and combating the financing of terrorism. Also in this issue, read how the Covid-19 pandemic has changed the IT spending patterns among enterprises in Saudi Arabia. Continue Reading

Covid-19 left people feeling vulnerable to cyber crime

Around 15 million people in the UK experienced cybercrime in the past 12 months, with a cumulative 64 million hours wasted dealing with the fallout Continue Reading

By

• Alex Scroxton, Security Editor

Another 27 Danish banks get access to open banking APIs

Nordic banks gain access to open banking capabilities from Nordic API Gateway, with an agreement through their shared IT service provider Continue Reading

By

• Karl Flinders, Chief reporter and senior editor EMEA

NCSC: Using your pet’s name as a password is very stupid

If your email password is still Rex, Rover or Mr Fluffles, it’s probably best to change it, the NCSC has said Continue Reading

By

• Alex Scroxton, Security Editor

Digital Markets Unit starts work on codes of conduct for tech giants

Digital markets regulator officially launched to ensure tech giants such as Facebook and Google cannot exploit their market dominance to crowd out competition and stifle innovation online Continue Reading

By

• Sebastian Klovig Skelton, Data & ethics editor