IT for financial services
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News
11 Jul 2024
Dutch research firm TNO pictures the SOC of the future
In only a few years, security operations centres will have a different design and layout, and far fewer will remain Continue Reading
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News
11 Jun 2024
Cobol knowledge crisis threatens Dutch financial systems
Expertise in complex Cobol systems, critical to major financial institutions, is dwindling in The Netherlands, resulting in retired professionals returning work 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
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Blog Post
25 Jan 2019
Fintech Interview: Part 12 Eucaps
Swedish fintech Eucaps is about to launch as the Spotify of the share trading sector Continue Reading
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News
24 Jan 2019
Poor practices expose 24 million financial records
Failure to maintain appropriate security controls has again led to the exposure of millions of sensitive data records, this time from the banking world Continue Reading
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Blog Post
24 Jan 2019
Lloyds Bank to migrate from IT alphabet spaghetti to Google-like simplicity sounds easy, but…TSB
Lloyds Bank wants to move customers to a Google inspired banking platform Continue Reading
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News
24 Jan 2019
Lloyds Bank to migrate hundreds of thousands of customers to Google-inspired fintech
Following its announcement that it was exploring the use of a fintech platform, Lloyds Bank has been quick to plan customer migration Continue Reading
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News
24 Jan 2019
Santander announces latest branch closures as digital channels take over
Bank to close 140 more UK branches as in-branch transactions fall and digital banking accelerates Continue Reading
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News
23 Jan 2019
Finnish banks to share core banking platform and supplier
Three banks in Finland have hired an IT services supplier to build a shareable core banking platform Continue Reading
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News
23 Jan 2019
US issues emergency directive to halt DNS hijacking
US government agencies have been given 10 days to complete a four-step action plan to stop DNS hijacking attacks Continue Reading
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News
22 Jan 2019
IBM mobile cyber range starts European tour in London
IBM’s mobile cyber range is kicking of a tour in London to raise awareness around the need for tried and tested cyber attack responses among organisations in Europe Continue Reading
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News
22 Jan 2019
Young Dutch cyber criminals get re-education rather than jail time
Young hackers in the Netherlands are being rehabilitated through punishments that educate rather than incarcerate Continue Reading
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News
22 Jan 2019
Mastercard fined over half a billion euros for unfair payment fees
Mastercard has been heavily fined for having rules on interchange fees which distorted the EU single market Continue Reading
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Blog Post
22 Jan 2019
Is Tandem's half a million new customers in a year a measure of success?
How do challenger banks measure success? Continue Reading
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E-Zine
22 Jan 2019
Moving beyond network boundaries
In this week’s Computer Weekly, we look at how businesses are adapting to the challenges of perimeterless network security. We examine how digital transformation is bringing increased complications for identity and access management (IAM). And we ask if public cloud providers are becoming a threat to the funding model for open source software. Read the issue now. Continue Reading
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Blog Post
21 Jan 2019
Are bank innovation hubs just showcasing and should fintechs go direct to business units?
Sending a gift to a manager at a potential customer to attract attention seems old fashioned but it could be for a fintech to get visibility Continue Reading
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News
21 Jan 2019
Public procurement key to cyber security
Using public procurement as a means of boosting cyber security is the top recommendation for 2019, according to a report based on expert views Continue Reading
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News
21 Jan 2019
Bahrain plans to create a world-leading tech ecosystem
Bahrain is building a technology ecosystem that will help the country further reduce its economic reliance on the oil and gas industry Continue Reading
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News
18 Jan 2019
Siemens connects to world’s largest UCC deployment
German technology powerhouse Siemens AG reveals how it unified communications and collaboration for hundreds of thousands of employees worldwide Continue Reading
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Blog Post
18 Jan 2019
Fintech Interview: Part 11 AimBrain
AimBrain is targeting finnacial services companies with its biometric identification management platform, which is being created by a top team of Phds Continue Reading
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News
18 Jan 2019
Prepare for no-deal Brexit, says ICO
The UK data protection authority is urging businesses to prepare for a no-deal Brexit to ensure there is no interruption in data flows from Europe Continue Reading
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Opinion
18 Jan 2019
Leading IT: Lessons from the front line
As a CIO, whatever challenges you face in terms of budget, mandates or timetable, you may already have the right people to carry out incredible IT feats. Here are four ways to lead your organisation to unprecedented success Continue Reading
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News
17 Jan 2019
Vodafone and IBM prep user clouds for future network tech
Companies expand existing collaboration to enable enterprise customers to prepare for the impact of advanced networking technologies Continue Reading
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Blog Post
17 Jan 2019
If a fintech could be in Jeremy Corbyn’s shoes what would be its demands for Brexit ?
If you had the parliamentary numbers that Jeremy Corbyn has how would you use them to break the Brexit impasse Continue Reading
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Opinion
17 Jan 2019
Security Think Tank: Cloud tech helps to protect advanced networks
How can organisations combine software-defined networking, containerisation and encryption to prevent rogue code from running freely across a corporate network? Continue Reading
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News
17 Jan 2019
UK tech firms favour second referendum as next move in Brexit stalemate
UK tech firms want to remain as close to the EU as possible and believe a second referendum on membership of the trading bloc would be the best way out of the current political stalemate Continue Reading
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News
16 Jan 2019
Researchers discover new Magecart group
Security researchers have uncovered a sub-group of the Magecart hacking group, highlighting the wider risks of web-based supply chain attacks Continue Reading
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Blog Post
16 Jan 2019
Is BBVA eyeing Atom takeover?
Spanish bank could expand on its significant shift to digital banking if it takes full control of the UK's Atom Bank Continue Reading
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Blog Post
16 Jan 2019
London didn’t only lose £700m tech investment, its reputation is also being hammered by Brexit
The UK risks losing its position as a leading fintech hub as a result of the suicidal tendencies of some politicians and group masochism within the population Continue Reading
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News
16 Jan 2019
UK financial services regulator to link top banker bonuses to IT performance
FCA head tells Commons Treasury committee: “We expect banks’ policies on variable remuneration to reflect operational resilience. They have to – if they don’t, we will act.” Continue Reading
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Feature
15 Jan 2019
The rise of DevSecOps
The increasing complexity of security threats facing enterprises is leading to DevSecOps approaches, which combine operations and development with security, so that all business units are involved in security operations Continue Reading
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Blog Post
15 Jan 2019
Open banking will transform financial services through osmosis
Open banking regulation will transform the financial services sector but don't expect changes overnight Continue Reading
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News
15 Jan 2019
Nottingham Building Society boosts storage and saves power with Nexsan deployment
Building society ditches geriatric IBM storage array to gain reliability, boost capacity by 20 times and make energy savings with Nexsan, but rejects flash storage for spinning disk SAN Continue Reading
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Blog Post
14 Jan 2019
Talent shortages, new investments sources and increased diversity expected in UK fintech
A talent squeeze, new sources of investment and increasing diversity are all in store for the UK fintech sector this year Continue Reading
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News
14 Jan 2019
Top UK hacker-for-hire jailed
Notorious British hacker-for-hire jailed for cyber attacks on a Liberian telco after an international criminal justice operation Continue Reading
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News
11 Jan 2019
Microsoft takes community approach to artificial intelligence in Sweden
Microsoft is making increasing use of artificial intelligence in Sweden as it shares experiences with the development community Continue Reading
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News
10 Jan 2019
UK firms say £6.6bn annual security testing cost too high
Avord launches platform to reduce the multibillion-pound annual cyber security testing cost that most UK firms say is too high Continue Reading
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News
10 Jan 2019
Enterprises are increasing the human workforce while deploying AI
Artificial intelligence is creating more jobs than it replaces, according to a study of businesses using the technology Continue Reading
- 10 Jan 2019
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E-Zine
10 Jan 2019
CW Middle East: Bahrain aims to be fintech hub
Bahrain’s government wants to make the country the go-to place in the Middle East for financial technology companies. It hopes to capitalise on its banking know-how to establish an ambitious fintech “ecosystem”. Also read about Dubai’s plans for the Smart Data platform and the UAE Pass, a digital ID and signature, and how Shell is using AI to amplify the human impact of its workforce. Continue Reading
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Blog Post
10 Jan 2019
UK Finance plays down fraud threat through contactless card skimming
Contactless card fraud is rising bit it is easily preventable Continue Reading
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News
09 Jan 2019
Banking apps overtake online banking
Mobile apps are the most popular channel for banking as consumers swap online platforms for smartphone software Continue Reading
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Blog Post
09 Jan 2019
Challenger bank creates hundreds of new UK jobs outside London
There is life beyond London. Challenger bank Monzo creates hundreds of tech jobs in South wales Continue Reading
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News
08 Jan 2019
IT professionals in London could see roles shipped to EU as result of Brexit
The UK and London in particular could see IT jobs in financial services move to hubs across the European Union as a result of Brexit. Continue Reading
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Blog Post
08 Jan 2019
RBS gets down with the youth as digital bank invests in fintech Loot
Royal Bank of Scotland wants to appeal to a younger audience as its launches is digital bank Continue Reading
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Blog Post
07 Jan 2019
What does Google's EU payments authorisation mean to consumers, businesses and the company itself?
Google increases its credentials in the EU banking sector with payments licence Continue Reading
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Blog Post
07 Jan 2019
The fintech interview: Part 10 Meniga
Icelandic fintech Meniga, grew from offering a personal finance tools to a company offering banks digital building blocks, is targeting UK growth. Continue Reading
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News
07 Jan 2019
UK contactless card fraud surges
Fraudsters stole £1.18m from contactless users in 2018, with the average theft size also increasing Continue Reading
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Blog Post
04 Jan 2019
Is Ireland the main life raft for UK fintechs as Brexit approaches and could Paris be a reserve
Dublin is the natural choice for UK fitechs building an EU footing but there are alternatives Continue Reading
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News
04 Jan 2019
Phishing attacks hidden by custom fonts
Security researchers have uncovered a new way in which phishing attacks are evading detection. Continue Reading
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News
04 Jan 2019
JP Morgan looks for someone to lead its blockchain developments
Bank seeks executive to take on blockchain role, with responsibility for creating technology to solve business challenges Continue Reading
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Blog Post
03 Jan 2019
Imagine the entire population of Australia using digital banking services from one bank
Spanish banks now has more digital customers than Australia has people Continue Reading
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News
02 Jan 2019
Nordic digital transformation driven by traditional businesses
More traditional Nordic businesses are fuelling the region's digital transformation, finds report Continue Reading
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Opinion
31 Dec 2018
Can we live without passwords?
Can you imagine a future in which we can be secure online without having to remember an unwieldly list of passwords? Solutions are emerging that could make passwords redundant, but there will be other security problems to resolve Continue Reading
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News
28 Dec 2018
Top 10 HR technology stories of 2018
Companies are turning to artificial intelligence, robotic automation and chatbots to take the drudgery out of human resource management Continue Reading
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News
27 Dec 2018
Top 10 CIO interviews of 2018
IT leaders from across the UK and Europe shared their plans, strategies and best practice advice with Computer Weekly in 2018 Continue Reading
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News
27 Dec 2018
Top 10 Middle East stories of 2018
Here are Computer Weekly’s top 10 Middle East enterprise IT stories of 2018 Continue Reading
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News
21 Dec 2018
Top 10 cyber crime stories of 2018
Here are Computer Weekly’s top 10 cyber crime stories of 2018 Continue Reading
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News
20 Dec 2018
Top 10 financial services stories of 2018
Here are Computer Weekly's top 10 financial services stories of 2018 Continue Reading
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News
18 Dec 2018
HSBC taking data analysis service to business customers
HSBC is upping its search for artificial intelligence expertise as it takes a data analytics service to its business customers Continue Reading
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News
17 Dec 2018
Financial services giant transforms application delivery through HCL
Dutch financial services firm Aegon is outsourcing the management of its fintech supplier network Continue Reading
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News
14 Dec 2018
Paris latest city to join Tech Global Advocates
The city of Paris is the latest to join the Tech Global Advocates network, offering a life raft to fintechs in the UK that want to retain customers across Europe Continue Reading
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News
14 Dec 2018
Australia passes controversial encryption law
Arguments continue over law that requires companies to work with government agencies to ensure that encrypted communications can be read if a crime is suspected Continue Reading
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Opinion
14 Dec 2018
Security Think Tank: Strategies for blocking malware comms
As attackers begin to use multiple command and control systems to communicate with backdoors and other malware, how can organisations ensure that they detect such methods and that all C&C systems are removed, including “sleepers” designed to be activated at a future date? Continue Reading
- 13 Dec 2018
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News
13 Dec 2018
Social engineering at the heart of critical infrastructure attack
Social engineering is the core technique used in a series of cyber attacks targeting government, defence, nuclear, energy and financial organisations around the world, which means people are key to defence Continue Reading
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E-Zine
13 Dec 2018
CW Europe: Russia banks on electronic payments
A recent study by Sberbank, Russia’s largest state-run lender, shows the country has experienced a cashless payment boom over the past decade. Also read about the attempt by four Russians to break into the networks of the Organisation for the Prohibition of Chemical Weapons in The Hague, and why the Estonian government is directly targeting IT professionals in the UK. Continue Reading
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News
13 Dec 2018
Chief technology officers in high demand in finance sector
Financial services firms need to hire experienced chief technology officers as the sector is transformed through fintech Continue Reading
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News
12 Dec 2018
UKtech50 2018 – the most influential people in UK IT
Computer Weekly has announced the ninth annual UKtech50 – our definitive list of the movers and shakers in the UK IT sector Continue Reading
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News
07 Dec 2018
Finnish government announces research and development ecosystem
Finland has launched an innovation ecosystem that will support IoT and AI developers amongst others Continue Reading
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News
07 Dec 2018
Half of business leaders unaware of BPC cyber attacks
Half of management teams polled in 12 countries, including the UK, are unaware of business process compromise (BPC) attacks Continue Reading
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Opinion
06 Dec 2018
Douglas Engelbart, the forgotten hero of modern computing
Half a century ago, Douglas Engelbart demonstrated an experimental computer that laid the foundations for modern computing. His vision to use computing power to solve complex problems in all areas of human activity has become reality, but not in the way that he imagined Continue Reading
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News
06 Dec 2018
Software failure paralyses O2’s 4G network
O2 is racing to fix a major outage on its 4G network that has left millions of mobile subscribers without access to data services Continue Reading
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News
05 Dec 2018
Australia races towards commercial quantum computing
Universities make headway in the challenge of commercialising quantum computing Continue Reading
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News
05 Dec 2018
UK consumers threaten data breach backlash
Most UK and global consumers are willing to walk away from businesses that fail to look after personal data, with retailers most at risk, research shows Continue Reading
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News
04 Dec 2018
Financial institutions’ data at risk despite security spending
Despite increased spending on cyber security, digital transformation and advanced attacks mean financial institutions’ data is still at risk, a report reveals Continue Reading
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News
04 Dec 2018
Zopa gains banking licence and prepares launch
Peer-to-peer lending pioneer Zopa is turning its attention to retail banking in the UK, with plans to offer savings, credit and money management products Continue Reading
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News
04 Dec 2018
Barclays staff to transfer to HCL as IT deal is expanded
Bank announces closure of operation in Lithuania, with employees transferring to IT services company HCL Continue Reading
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News
04 Dec 2018
Lloyds to use core banking technology from Google-inspired UK fintech
Banking group explores cloud-based core banking technology as part of a major transformation programme Continue Reading
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News
30 Nov 2018
WannaCry borderline national cyber emergency
The May 2017 WannaCry attack, which disrupted services at one-third of NHS trusts and more than 600 primary care organisations is the closest the UK has come to a national cyber emergency, says the NCSC Continue Reading
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Opinion
29 Nov 2018
Agile becomes mainstream
There are clear parallels between the conditions that led the IT industry to adopt agile approaches and the challenges facing business today Continue Reading
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Blog Post
28 Nov 2018
Lloyds Banking Group in Google maps mash up
Lloyds bank is integrating its mobile app with Google Maps in a Mash up that will help customers keep track of spending Continue Reading
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Opinion
28 Nov 2018
More effective digital transformation through the power of your own people
The old model of escalating decisions up and down the management chain does not work any more. Business leaders need to delegate responsibility for projects to business and technology specialists and eliminate the fear of failure Continue Reading
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News
28 Nov 2018
Challenger bank signs up Google-inspired platform
Cloud-based platform offers functionality around smart contracts and a workflow engine for bank processes Continue Reading
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News
28 Nov 2018
FCA deeply concerned as no end in sight for IT failures in banking
The FCA has reported a massive increase in the number of banking IT failures in the UK and admitted there is no end in sight Continue Reading
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News
28 Nov 2018
UK competition watchdog concerned with PayPal’s fintech acquisition
Competition and Markets Authority fears $2.2bn deal could reduce competition for payment services in the UK Continue Reading
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News
27 Nov 2018
York teen crowned 2018 UK cyber security champion
Teenager beat off competition from 41 other cyber security enthusiasts from across the UK, and six from Singapore, in the UK Cyber Security Challenge final Continue Reading
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News
27 Nov 2018
Treasury Committee launches inquiry into bank IT failures
With IT outages in the financial sector a regular occurrence, the Treasury Committee is investigating the causes and consequences of these failures, and what industry and regulators are doing to promote resilience Continue Reading
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News
27 Nov 2018
High Court trial over Horizon computer system completes witness cross-examinations
The High Court trial in which subpostmasters are suing the Post Office has reached an important stage Continue Reading
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News
21 Nov 2018
Interview: Comms sector ripe for disruption as climate change takes hold
Humanity has just 12 years left to keep global warming to a maximum of 1.5⁰C and prevent climate meltdown. Paul Dickinson from the Carbon Disclosure Project discusses how CIOs can help take steps to avert disaster by changing their attitude to business communications Continue Reading
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News
21 Nov 2018
How voice biometrics catches fraudsters
Telephone banking is often seen as the forgotten channel in multi-channel banking, something that fraudsters are now exploiting Continue Reading
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News
19 Nov 2018
CDO interview: Aidan Millar, DNB
Norwegian bank hires chief data officer to lead its data-driven transformation Continue Reading
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News
19 Nov 2018
Standard Life and Aberdeen Asset Management turn to Workday to complete merger
Standard Life Aberdeen, created in August 2017 when two of Scotland’s largest financial services companies merged, is transferring 3,000 former Standard Life staff to Aberdeen Asset Management’s Workday HR system as it integrates the two businesses Continue Reading
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Feature
16 Nov 2018
Securing the SD-WAN: The next network challenge
Every time an enterprise weighs up whether or not to try SD-WAN, security is an essential part of the picture Continue Reading
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News
16 Nov 2018
Russian banks to introduce contactless ATMs
Russian banks have introduced their first contactless ATMs, which customers can link to via smartphones and wearable devices Continue Reading
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News
14 Nov 2018
Challenger bank ready to get its banking licence back
CivilisedBank is reapplying for a banking licence after giving it up to focus on its technology Continue Reading
