IT for financial services
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News
18 Sep 2024
Dreamforce 2024: Salesforce calls on customers to flesh out AI vision
A stream of customers helped Salesforce make the case for its Agentforce artificial intelligence offering on the opening day of the annual Dreamforce conference in San Francisco Continue Reading
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News
17 Sep 2024
Barclays takes on more GreenLake
Barclays has ramped up its HPE-powered private cloud, as it continues to modernise IT and reduce its carbon footprint Continue Reading
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News
23 Apr 2019
APAC set for blockchain boom
Led by China, spending on blockchain technology in Asia-Pacific excluding Japan will surpass $2bn by 2022 Continue Reading
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News
17 Apr 2019
Middle East CIOs optimistic as budgets increase and digital transformations expand
Cyber security and risk management will see the biggest increase in spending, but digital transformation of businesses is a major driver of investment, survey shows Continue Reading
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Blog Post
16 Apr 2019
Third of people would allow tech platform to automatically move mortgage
Almost a third of people have such confidence in fin tech that they would allow a digtal platform to automatically move their mortgage to a better deal. Continue Reading
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News
16 Apr 2019
NatWest eases business payments with biometric authentication on mobile
NatWest is making it easier and safer for businesses to make payments of any size via a mobile app using biometric authentication technology Continue Reading
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Opinion
15 Apr 2019
Security Think Tank: Seven steps to manage risk of catastrophic cyber attack
How should businesses plan to survive a potential cyber attack extinction event? Continue Reading
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News
14 Apr 2019
Singapore firms streamline operations, fend off disruption with cloud
Certis and financial institutions are among those in the city state that are turning to cloud services to gain a competitive edge Continue Reading
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Blog Post
10 Apr 2019
Consumers will ditch bank if online experience falls short
Would you ditch your bank or building society if its digital services didn't match up to Google? Continue Reading
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News
10 Apr 2019
Google Cloud CEO outlines plans to take firm even deeper into the enterprise
CEO Thomas Kurian used inaugural Google Cloud Next keynote to detail how infrastructure investments, supplier partnerships and simplified processes will be key to its plans to conquer even more of the enterprise market Continue Reading
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News
09 Apr 2019
Digital doppelgangers for sale to defeat anti-fraud tech
Security researchers have uncovered an online market selling digital identities to help cyber criminals to defeat anti-fraud technologies, as financial cyber crime becomes a bigger threat than ever before Continue Reading
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Blog Post
09 Apr 2019
Brexit turn off increases IT salaries in UK fintech as overseas experts become harder to attract
The fintech industry in the UK is growing fast but it could face difficulties attracting the right IT talent as a result of the Brexit turnoff Continue Reading
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Opinion
08 Apr 2019
Security Think Tank: How to reduce the impact of a potential cyber extinction event
How should businesses plan to survive a potential cyber attack extinction event? Continue Reading
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Blog Post
08 Apr 2019
Is fintech making it too easy to mis-buy financial products?
Is fin tech making it too easy for people to mis-buy financial products? Continue Reading
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News
04 Apr 2019
Social inclusion unit aims to expand diversity in IT conversation
New unit at startup hub wants to explore how technology can be applied to address the barriers many people face in participating in society Continue Reading
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News
04 Apr 2019
National Savings and Investments makes £300m extension to Atos deal
UK government-owned savings bank adds three years to IT services contract with French supplier Continue Reading
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Blog Post
04 Apr 2019
Goldex is bringing Amazon-like usability to gold trading: Fintech interview part 19
An encounter between seasoned trading executive and archaic gold trading processes ignited Goldex Technologies Continue Reading
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News
04 Apr 2019
Researchers uncover US-based malware distribution centre
More than a dozen US-based web servers are operating as the malware equivalent of an Amazon fulfilment centre to target businesses, security researchers have found Continue Reading
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News
04 Apr 2019
Post Office to appeal judgment from first Horizon trial
The Post Office will appeal against some of the judgments from the first trial concerning the Horizon computer system used by subpostmasters Continue Reading
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News
04 Apr 2019
Fresh approach needed to reap cloud security benefits
Transitioning to cloud-based services offers businesses an opportunity to improve security capabilities, but only if they adopt a proactive cloud-native approach, says Palo Alto Networks cloud security expert Continue Reading
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News
04 Apr 2019
SuiteWorld 2019: Using technology to close the financial gender gap
The CFO from non-profit organisation Kiva explains how the organisation is using distributed ledger technology to close the financial inclusion gender gap Continue Reading
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News
03 Apr 2019
Most business decision-makers and knowledge workers happy to work alongside robots
Fears that automation will remove jobs for knowledge workers are reducing as opportunities emerge to upskill and eradicate mundane work Continue Reading
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Opinion
02 Apr 2019
Goliath vs Goliath and the complexities of 5G intellectual property
Is Apple the good guy or the bad guy? It has violated patents and had its wrist slapped by the courts (bad), yet its products are still available for adoring fans to buy (good) Continue Reading
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News
02 Apr 2019
Four in 10 leading banks failing on email fraud protection
Top UK traditional and challenger banks risk exposing customers to email fraud, a study reveals Continue Reading
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News
02 Apr 2019
Cyber attacks increasingly exploiting supply chain weaknesses
Cyber attacks are increasingly characterised by supply chain attacks, counter incident response and lateral movement, research reveals Continue Reading
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News
02 Apr 2019
Thales completes acquisition of Gemalto
Multi-billion-euro acquisition gives Thales a global leadership position in digital identity and security Continue Reading
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News
01 Apr 2019
Fidor founder leaves as parent bank plots future
The founder of digital challenger bank Fidor leaves company as traditional banking parent company tries to sell business Continue Reading
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Blog Post
01 Apr 2019
Fintechs taking large chunk of SME lending sector
Alternative lending platforms targeting the SME sector have managed to get their message across to their customer base Continue Reading
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News
29 Mar 2019
Major shake-up of TSB IT after core banking system migration disaster
TSB has restructured its IT team to give its internal team control of its core banking system Continue Reading
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News
28 Mar 2019
Encryption adoption driven by new tech and compliance
The adoption of encryption is at its highest level yet, driven by the need to protect data generated by new digital initiatives, but still less than half of organisations are applying it consistently across the enterprise Continue Reading
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News
28 Mar 2019
Businesses losing out on early payment discounts due to outdated software
Chief financial officers need to upgrade their accounting software to benefit from discounts available for paying suppliers early Continue Reading
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Blog Post
27 Mar 2019
Azimo is stripping high streets and denting the universe: Fintech interview part 18
Cross border money transfer fintech Azimo is disrupting the high street Continue Reading
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News
26 Mar 2019
Nominet urges SMEs to register .uk domains to thwart squatters
The automatic right of .co.uk domain name holders to register the shorter .uk domains ends in June Continue Reading
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Blog Post
26 Mar 2019
Add Apple credit card to list of things you can do on your iPhone
Apple has announced a fintech service which will enable customers to turn their mobile phone into a credit card. From the summer customers in the US will have access to the Apple Card. There is an ... Continue Reading
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News
25 Mar 2019
Artificial intelligence making major inroads into Russian banking
Russian banks are identifying use cases for artificial intelligence, but the gradual adoption of the technology will require access to a deeper skills pool if it is to accelerate Continue Reading
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News
19 Mar 2019
NatWest launches female-focused crowdfunding programme
Consumer bank NatWest is backing female entrepreneurs through a crowdfunding programme Continue Reading
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News
19 Mar 2019
Firms urged to protect against spear phishing
Spear phishing attacks are sophisticated, targeted, costly and increasing in popularity among cyber attackers, a report warns Continue Reading
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News
19 Mar 2019
NatWest launches business virtual account platform
Features supported by a new system enable corporate customers to manage and segregate money, and are part of a wider digital transformation plan to enhance customer experience Continue Reading
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News
13 Mar 2019
Bank of England’s large IT spend partly due to use of manual processes and legacy systems
The Bank of England admits there is room for improvement when it comes to IT efficiency Continue Reading
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Blog Post
13 Mar 2019
Hear from some of the women shaping UK fintech
Find out what needs to done to increase diversity in fintech from some of the women shaping the industry Continue Reading
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News
12 Mar 2019
Nationwide uses natural language processing to discover what annoys customers
SAS has run a proof of concept at building society Nationwide, using artificial intelligence and natural language processing to determine how to improve customer correspondence Continue Reading
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News
11 Mar 2019
NatWest launches biometric card pilot
NatWest Bank is set to trial biometrics-based cards with 200 customers to verify contactless payment transactions over £30 Continue Reading
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News
09 Mar 2019
ICO data raises doubts over UK firms’ ability to manage breaches
Most ICO data breach reports late and incomplete prior to full GDPR implementation, FoI request data reveals, raising doubts about breach prevention, detection and response capabilities Continue Reading
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News
08 Mar 2019
Equifax defends against scathing Senate report
Equifax chief says firm did take cyber security seriously in a response to a scathing Senate report on the credit rating agency’s 2017 data breach, which experts say highlights failings around open source software Continue Reading
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News
07 Mar 2019
ICO head still in top three of DataIQ data leader list
The UK’s information commissioner remains in the top three data leaders after claiming top spot in 2018 in the DataIQ 100 list of most influential data leaders, but GDPR is not the only focus in the industry Continue Reading
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News
07 Mar 2019
Machine identities for sale on dark web, business warned
Academics and security professionals are warning businesses that certificates used to establish trust and privacy on the internet are being weaponised and sold to cyber criminals bundled with other services Continue Reading
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News
07 Mar 2019
Tech under spotlight at High Court in second subpostmasters versus Post Office trial
The second trial in a court battle between the Post Office and the people who run branches analyses alleged bugs in the computer system they use Continue Reading
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Blog Post
06 Mar 2019
NatWest fintech loan platform partners Microsoft for data warehouse and AI chatbot
NatWest fintech loans platform tapping Microsoft data warehouse expertise to support its rapid decision making Continue Reading
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05 Mar 2019
Bank of England to migrate from core system with a one-off big bang
The Bank of England will migrate from its current 23-year-old core settlement system with a big bang migration before the end of 2025 in an effort to modernise its way of working Continue Reading
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Blog Post
05 Mar 2019
Innovate Finance launches initiative to get teens into fintech
Innovate Finance wants to establish a long term pipeline of fintech talent Continue Reading
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News
05 Mar 2019
Santander latest bank to tap Google experience
Spanish banking giant is tapping IT skills from Google through its latest senior tech appointment Continue Reading
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Blog Post
05 Mar 2019
NatWest launches its baseline open banking feature
NatWest is the latest bank to offer its baseline open banking service Continue Reading
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News
04 Mar 2019
Cyber awareness of UK boards found wanting
Boards of many of the UK’s biggest firms must do more to be cyber aware, according to a government report. Continue Reading
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News
04 Mar 2019
Danske Bank builds on machine learning to predict IT failures
Danish bank is using artificial intelligence to help it prevent IT outages that could damage its reputation with customers Continue Reading
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Blog Post
01 Mar 2019
Yoyo on its way up: Fintech interview part 17
Fintech Yoyo is on its upward trajectory as mobile phones take centre stage in people's lives Continue Reading
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Feature
01 Mar 2019
What are the CDN options for enterprises?
We look at how content delivery networks can give your organisation’s web presence a literal edge Continue Reading
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News
01 Mar 2019
IBM deal to drive Nordea’s IT-led transformation
Nordea is expanding its relationship with IBM through a deal that will give it access to the skills and resources required to keep pace with the digital revolution in banking Continue Reading
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News
01 Mar 2019
BBC reveals high frequency of UK banking outages from data mandated by the FCA
BBC analysis of IT outages at UK banks, evident in data mandated by the Financial Conduct Authority since August 2018, reveals them to occur at least once a month at each current account provider Continue Reading
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Blog Post
27 Feb 2019
Substantive reform to education needed to address the skills gap blighting fintechs
TrueLayer talks about the deeper causes of fintech skills shortages beyond Brexit uncertainty Continue Reading
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News
27 Feb 2019
Dutch companies lack knowledge of IoT’s benefits
Many organisations in the Netherlands are missing out on the benefits of the internet of things because they lack awareness of its potential Continue Reading
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Blog Post
26 Feb 2019
Brexit self-harm means London no longer the Holy Land for all fintech talent
Fintechs in London and the UK will face increased challenges finding the right staff as Brexit makes other European hubs even more attractive Continue Reading
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Blog Post
25 Feb 2019
Fidor bank future clearer next month as split from BCPE nears
Digital challenger bank Fidor is close to splitting from BCPE, with clarity expected next month Continue Reading
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News
25 Feb 2019
Nordic tech is increasing diversity but more needs to be done
The shortage of women in the boardroom is a problem in the Nordics, like other regions, but work in its tech sector means the future could be more promising Continue Reading
- 21 Feb 2019
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E-Zine
21 Feb 2019
CW Nordics: Sweden to test e-krona and plans cashless society
Sweden’s vision of a cashless society has gained traction after the Riksbank (central bank) rolled out plans to test a digital currency, the e-krona. Also read how the Nordic region’s longer-established companies are playing a forceful role to advance digital transformation, and how Finland’s IT sector has rebounded strongly after Microsoft’s takeover of Nokia’s mobile phones and smart devices business units in 2014. Continue Reading
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Blog Post
21 Feb 2019
Astrophysics and music production skills give Bud a different approach: Fintech interview part 16
Fintech Bud is using a diverse range of skills to help banks like HSBC understand and create customer services based on open banking rules Continue Reading
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News
20 Feb 2019
Estonia redoubles efforts to attract global IT talent
IT professionals from all over the world are being lured to Estonia through a government recruitment campaign Continue Reading
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Blog Post
20 Feb 2019
Upgraded Bank of England system that gives more fintechs the same rights as banks, due in 2025
While fintechs get their platforms up and running in months the Bank of England’s core system replacement will take best part of a decade. Continue Reading
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News
19 Feb 2019
Bank of England to migrate from core system with a one-off big bang
The Bank of England will migrate from its current core settlement system with a 'big-bang' migration before the end of 2025 Continue Reading
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Blog Post
18 Feb 2019
Forget all the fancy stuff and apply AI to paying invoices, says Previse: Fintech interview part 15
While self driving cars and robotic co-workers take the limelight businesses can benefit from the seemingly more mundane application of machine learning Continue Reading
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Blog Post
15 Feb 2019
Fintech reveals that Brexit induced fall in pound’s value hits migrant workers in UK
Cross border payments Fintech identifies migrant workers in UK losing out because of falling pound Continue Reading
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Opinion
15 Feb 2019
Making the move to cloud work for you
Getting the best out of a move to the cloud means getting the size right, turning off what you don’t need, smart purchasing and continuously decluttering your new environment Continue Reading
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News
14 Feb 2019
Action needed as venture capitalists reluctant to invest in fintechs founded by women
Action is needed if fintechs set up by women are to receive the same level of venture capitalist backing as those set up by men Continue Reading
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Blog Post
13 Feb 2019
HSBC to turn off mobile app after it finds life in open banking features
HSBC's exploration of open banking functionality with fintech Bud has identified what customers want Continue Reading
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News
12 Feb 2019
Legacy systems holding banks back from meeting demand for instant accounts
Banks are struggling to meet customer demand to open accounts instantly because of legacy IT systems and processes Continue Reading
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Blog Post
12 Feb 2019
Lloyds Bank outage just the latest of a recurring trend as complexity grows
Lloyds Bank IT outage he latest to hit UK consumers as banking systems wobble under pressure Continue Reading
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Blog Post
12 Feb 2019
Positive discrimination needed to remedy shocking under-investment in fintechs founded by women
Positive discrimination if the lack of investment in fintechs founded by women is to become a thing of the past Continue Reading
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News
12 Feb 2019
Dutch developer offers businesses nuclear security option for communications
Startup that created the secure platform for communication between world leaders at the 2014 Nuclear Security Summit in the Netherlands seeks to revolutionise business mail Continue Reading
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News
11 Feb 2019
Lauri Love takes legal action against NCA for return of seized computers
Lauri Love, a former engineering student who won a battle with the US Department of Justice against extradition to the US to face hacking charges, is suing the UK's intelligence agency, the NCA, for the return of his seized computers Continue Reading
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Blog Post
11 Feb 2019
Challenger bank Monzo applying agile development techniques to business banking product
Monzo is testing out a business banking proposition with 1000 customers as it plans to be an SME finance management hub Continue Reading
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Blog Post
08 Feb 2019
Consequences of failure at banks means they can’t mimic Google too closely
Banks are under pressure to transform digitally but is it fair to set Google as the destination? Continue Reading
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News
08 Feb 2019
Lloyds Bank rolls out open banking functionality to mobile app customers
Lloyds Bank customers can now see current accounts from multiple banks through their mobile banking app Continue Reading
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Blog Post
07 Feb 2019
Finastra business expands with fintech disruption: Fintech interview part 14
Finastra is an IT supplier build on very old foundations but fintech disruption has forced it to extend beyond them Continue Reading
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News
07 Feb 2019
Nordic region primed to pioneer 5G
The Nordic region could pioneer the commercial use of 5G, with Finland and Sweden hotbeds for the technology Continue Reading
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Blog Post
06 Feb 2019
InstaReM, from ruined bachelor party to global business: Fintech Interview part 13
Money transfer company InstaRem is an example of something worth remembering after a Bachelor party Continue Reading
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News
06 Feb 2019
UK’s IT and BPO spend plummets because of Brexit uncertainty
UK businesses cut their investment in IT and business process outsourcing last year because of confusion over Brexit, but there was a 68% rise in public sector spending Continue Reading
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News
05 Feb 2019
Payday lender cuts troubleshooting by 30% with Virtual Instruments
Curo Financial thought storage was slowing down its websites, but found virtual machine and network issues were to blame. To fix this, it’s going proactive on storage performance issues Continue Reading
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Blog Post
05 Feb 2019
Could Atom bank’s deal with Thought Machine be a stepping stone for legacy replacement at BBVA?
Could BBVA follow Lloyds Banking Group onto the Google inspired banking platform from Thought Machine Continue Reading
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News
05 Feb 2019
CIO interview: David Germain, CITO, RSA Insurance Group
Insurance giant’s chief information and technology officer wants to refresh the company’s user computing environment, make smart technology investments and take advantage of the latest innovations Continue Reading
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News
04 Feb 2019
Swiss bank moves away from file with Cloudian object storage
PostFinance opts for Cloudian object storage as it migrates 100 million files away from NetApp and builds S3-compatible archives for Hadoop and Apache Spark Continue Reading
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News
04 Feb 2019
Massive uptick in cyber attacks targeting Student Loans Company
Cyber criminals used a range of techniques, as well as malware, malicious emails and calls, in attempts to access confidential financial data belonging to students, in massive uptick in attacks in the past year Continue Reading
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News
01 Feb 2019
TSB blames IT disaster for huge losses
TSB made a huge loss in its latest financial year because of costs it incurred as a result of an IT disaster Continue Reading
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News
01 Feb 2019
ICO to audit Leave.EU and Eldon Insurance
UK privacy watchdog will audit the data protection practices at Leave.EU and Eldon Insurance and has confirmed fines for both companies for unlawful marketing messages Continue Reading
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News
01 Feb 2019
Clydesdale, Yorkshire and Virgin Money opt for OpenShift digital push
Banking group CYBG uses OpenShift to roll out a common set of services and improve developer productivity Continue Reading
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News
31 Jan 2019
Cyber insurance uptake growing, but not all firms convinced
The adoption of cyber insurance is expected to grow, but one in three companies still are not sold on the benefits, a survey shows Continue Reading
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News
30 Jan 2019
AXA recruits AI assistants in back office
Insurance giant is deploying software robots to take over repetitive tasks and free up humans to do more analytical work Continue Reading
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News
30 Jan 2019
NatWest opens academy to teach staff the power of data
Bank tools up its employees with the data skills required to offer customised products for customers Continue Reading
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Blog Post
29 Jan 2019
What the fintechs think about open banking’s progress? Part 2 Fluidly
What do fintechs think of the first year of Open Banking and what do they expect over the next 12 months? Continue Reading
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News
29 Jan 2019
Global cyber attack could cost up to $193bn, study shows
A coordinated global cyber attack could have an economic impact of up to $193bn, an insurance industry-backed report claims Continue Reading
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News
29 Jan 2019
IT leaders grapple with workforce skills gap as they deploy AI and digital technology
Organisations will have to find new ways of reskilling their workforce as they get to grips with artificial intelligence and other digital technologies. CIOs also need to keep their skills updated if they are to succeed Continue Reading
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Blog Post
28 Jan 2019
Tens of billions of pounds of IT spending held back as UK businesses wait for clearer idea of Brexit
Fintech could be losing billions of pounds in potential revenues as banks hold off IT projects until clearer picture of post Brexit business environment emerges Continue Reading
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News
28 Jan 2019
UK IT spending worth £27bn held back due to Brexit uncertainty
UK businesses are putting billions of pounds of IT investments on hold until they know the terms that the UK will leave the EU Continue Reading
