IT for financial services
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Opinion
23 Apr 2024
Security Think Tank: Cyber sector, you have failed this community
In the wake of renewed calls for lawmakers to consider enacting legal bans on ransomware payments, the Computer Weekly Security Think Tank weighs in to share their thoughts on how to tackle the scourge for good. Continue Reading
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Feature
23 Apr 2024
Five reasons why – and when – cloud storage is the answer
We look at when cloud storage can be the best choice, with considerations that include performance, scalability and agility, cost, management simplicity, and security and resilience Continue Reading
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News
25 Oct 2018
Firms will use AI to automate HR processes within two years
Companies are gearing up to automate HR processes with artificial intelligence and machine learning, while at the same time battling with outdated IT systems Continue Reading
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News
25 Oct 2018
Nordic banks target SME customers with fintech services
Traditional Nordic banks are slimming down workforces as they turn increasingly to technology-based service delivery, and some are linking up with small fintech companies to deliver online products. Continue Reading
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News
24 Oct 2018
Choose security tools wisely to gain upper hand
The cyber threat landscape is continually changing, but staying abreast of attacker and defender innovation can help business leaders gain the upper hand, says KuppingerCole Continue Reading
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Blog Post
24 Oct 2018
The fintech interview: Part 7 ClauseMatch
ClauseMatch is a London based startup that offers to automate the process that banks go through to prove they comply with industry regulations Continue Reading
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News
22 Oct 2018
Centralised identity risky and not web 3.0 friendly, says entrepreneur
User controlled identity is less risky than centralised identity and essential for the next evolution of the web, according to an entrepreneur and evangelist of self-sovereign identity and blockchain technologies Continue Reading
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Blog Post
19 Oct 2018
The fintech interview: Part 6 Rebuilding Society
Rebuilding Society is a Leeds based fintech trying to offer SMEs access to better loans as well as selling its technology to organisations setting up crowdfuning initiatives Continue Reading
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News
19 Oct 2018
Russians using less cash after accelerated use of electronic payments
Russians are increasingly using electronic payments rather than cash, a recent study by Sberbank has found Continue Reading
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News
19 Oct 2018
Chinese insurance giant extends cloud service to other sectors
Ping An is opening up its cloud service to more sectors, including real estate and automotive, in its efforts to become a technology company Continue Reading
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News
18 Oct 2018
Middle East gears up for 5G
The race for 5G is well and truly under way, and the UAE and Saudi Arabia are well positioned to be among the first countries in the world to deliver the benefits of this new telecoms protocol Continue Reading
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News
17 Oct 2018
Contactless payments surpass Chip and PIN in UK shops
Contactless card payments now account for more spending in UK stores than Chip and PIN Continue Reading
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Blog Post
17 Oct 2018
The fintech interview: Part 5 Honcho
How a serial entrepreneur and a former soldier plotted to take on the car insurance price comparison sites Continue Reading
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News
16 Oct 2018
There is more to fintech than meets the eye
Financial technology goes way beyond the flashy apps facing consumers and into the depths of the back office Continue Reading
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News
16 Oct 2018
UK faces 10 cyber attacks a week as hostile states step up hacking, says NCSC
The UK’s National Cyber Security Centre has thwarted more than 1,600 attacks over the past two years – many by hostile nation states Continue Reading
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Blog Post
16 Oct 2018
Will CYBG integrate Virgin to its digital platform and is it curtains for Virgin’s digital bank?
Virgin Money will be the next banking brand to be integrated into the CYBG digital platform Continue Reading
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News
15 Oct 2018
Good data governance is good business
Organisations are failing to understand the importance of getting their data relationship with customers right and seeing the business opportunities that it enables, an industry analyst warns Continue Reading
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News
12 Oct 2018
FS-ISAC awards cyber security scholarships in Europe
Five women have been awarded cyber security scholarships at FS-ISAC’s 2018 EMEA Summit Continue Reading
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News
11 Oct 2018
Robots in the workplace supported by 81% of business chiefs
Robotic process automation continues to be taken up by more organisations – but despite proven benefits, those that already use it are struggling to scale it up Continue Reading
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E-Zine
11 Oct 2018
CW Middle East: Middle East warms to humanoid robots
Countries in the Middle East are warming to humanoid robotics, robotic process automation and artificial intelligence as these technologies become widely accepted globally. Also in this issue, read why Saudi Arabia has called on London’s fintechs to set up in the country with the promise of government support, and find out how the Gulf Warehousing Company has introduced cloud-based technology to replace paper processes used by its HR department. Continue Reading
- 10 Oct 2018
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News
10 Oct 2018
Huawei Connect 2018: Huawei tackles barriers to effective AI
At its annual customer and technology event, Huawei chairman Eric Xu set out 10 key challenges facing AI, and revealed how the networking supplier’s strategy will help to address these Continue Reading
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News
09 Oct 2018
Blockchain adoption hotting up in Australia
The emerging technology is being tested in several industries in a country aspiring to be a global leader in blockchain development Continue Reading
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News
09 Oct 2018
Tech takes centre stage in CBI’s pre-Budget wish list
Industry calls on government to set the tone for a tech-friendly business environment after the UK leaves the EU Continue Reading
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Blog Post
09 Oct 2018
IT professionals losing faith in direction IT is going at banks
Banking IT professional speaks out against worrying software development methods used in the UK Continue Reading
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News
05 Oct 2018
EE switches on 5G test network at Canary Wharf
MNO explores high-capacity zone testing for its 5G network roll-out, with the first phase expected to target hotspots such as London’s Canary Wharf Continue Reading
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News
05 Oct 2018
GDPR case work swamps Denmark’s data protection agency
The agency investigating alleged breaches of GDPR in Denmark is recruiting additional resources to cope with the increase in work Continue Reading
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News
04 Oct 2018
Business email compromise made easy for cyber criminals
Poor security practices and access to hacking services are making it easy for cyber criminals to compromise business email, research reveals Continue Reading
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Blog Post
03 Oct 2018
Why do UK banks suffer more software failures than those in other countries?
Why do UK banks suffer more outages than banks in other countries? Continue Reading
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News
03 Oct 2018
Rise in data-stealing Betabot malware
Researchers are warning about an increase in Betabot malware after detecting multiple infections in recent weeks, underlining the importance of software patching Continue Reading
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News
02 Oct 2018
How Bank of England is using Splunk for proactive security
Head of the Bank of England’s security operations centre talks about how Splunk is helping it to take a more proactive approach to preventing cyber attacks Continue Reading
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News
02 Oct 2018
Filling the blockchain chasm
Blockchain as a term is becoming common language, but there is a long way to go before it will mean anything to the performance of most organisations Continue Reading
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News
01 Oct 2018
UK will unilaterally tax web giants, says Hammond
Chancellor threatens to go it alone on tax reform for digital services businesses if an international agreement cannot be reached Continue Reading
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News
01 Oct 2018
UK firms’ password security score ‘average’
While businesses are making strides in strengthening password security, there is more work to be done, with the UK password score lagging behind the frontrunners, a survey shows Continue Reading
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News
01 Oct 2018
Tesco Bank gets first cyber-related FCA fine
UK’s financial watchdog issues its first cyber-related fine to Tesco Bank in connection with a multimillion-pound cyber fraud in 2016 Continue Reading
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News
28 Sep 2018
No let-up in digital banking glitches as TSB and HSBC customers are hit on payday
Online and mobile app banking outages continue to increase in regularity as TSB and HSBC customers report problems Continue Reading
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Blog Post
28 Sep 2018
The fintech interview: Part 2 CreditLadder
CreditLadder is helping renters build up their credit scores and helping the rental industry get good renters Continue Reading
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News
27 Sep 2018
CIO interview: Fraser Ingram, Clydesdale and Yorkshire Bank
Fraser Ingram joined the Clydesdale and Yorkshire banking group as CIO just at the right time – as it was embarking on its digital journey Continue Reading
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Feature
27 Sep 2018
Prepare now for quantum computers, QKD and post-quantum encryption
The predicted processing power of quantum computers is likely to make existing encryption algorithms obsolete. Quantum key distribution (QKD) is a possible solution - we investigate whether QKD is viable Continue Reading
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News
26 Sep 2018
Indian IT giant TCS sees IBM and Accenture as nearest rivals
Rapidly-growing Tata Consultancy Services has its eyes on the US IT giants, with customer service key if it is to overtake them Continue Reading
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News
26 Sep 2018
Financial services firms face potential security bombshell
UK financial services are facing a security crisis over outdated services and applications, a survey shows Continue Reading
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News
26 Sep 2018
Australia’s ANZ banks on Google Cloud
The Australia and New Zealand Banking Group has signed up for the Google Cloud Platform to help its bankers deliver data insights to institutional customers Continue Reading
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Feature
26 Sep 2018
Intelligent automation and the WAN: Is SD-WAN moving mainstream?
Take-up of software-defined networking in corporates is slower than expected. Where have we reached on the journey to software-controlled networks – and SD-WAN in particular – becoming the norm? Continue Reading
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News
25 Sep 2018
PCI DSS compliance falls despite security benefit
Despite the benefits of the payment card industry security standard, there is a concerning downward trend in compliance, a report reveals Continue Reading
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News
24 Sep 2018
InfoWatch opens training centre to help address Middle East skills shortage
Security supplier offers Middle East customers cyber security and digital training facility as organisations in the region struggle to equip staff with latest skills Continue Reading
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News
21 Sep 2018
Businesses that take humans with them on robotics journeys gain the most
Businesses that put human development at the centre of their automation strategies will profit the most Continue Reading
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News
21 Sep 2018
RBS, Barclays and NatWest customers suffer more mobile banking outages
Banks apologise for problems that have affected mobile and internet banking services Continue Reading
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Blog Post
20 Sep 2018
A battle between big tech firms and banks can only help fintechs
If banks and big tech firms go head to head for customers fintechs will benefit because the banks need them if they are to have any chance of winning the customer satisfaction battle Continue Reading
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Feature
19 Sep 2018
What are the current SD-WAN options for enterprises?
Software-defined wide area networking is well on its way to being a multi-billion dollar market. We assess the current state of the market and look at some of the options for enterprise CIOs and network managers Continue Reading
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Feature
19 Sep 2018
Employers turn to wearable technology to help staff manage work-life balance
Companies are realising that there are sound business reasons for ensuring their employees get enough sleep and exercise, so they are turning to wearable technology to help their staff stay healthy, despite the pressures of work Continue Reading
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News
19 Sep 2018
Santander plans UK tech hub in Milton Keynes
Santander is opening a UK tech hub in Milton Keynes that will have 5,000 staff Continue Reading
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Blog Post
18 Sep 2018
What does a fintech do when the most experienced coders don’t want to code?
What do you do when the coders you want would rather manage than code? Continue Reading
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E-Zine
18 Sep 2018
The importance of smartphone sustainability
In this week’s Computer Weekly, we examine the considerable environmental footprint of the mobile phone industry and ask what can be done to further the circular economy. We find out how disaster recovery as a service (DRaaS) is being used and when it’s an option for businesses. And we look at some of the UK’s emerging fintech success stories. Read the issue now. Continue Reading
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News
17 Sep 2018
Danske Bank invests in anti-money laundering systems following Estonian problems
Danske bank improves its anti money laundering software, utilising artificial intelligence and machine learning Continue Reading
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News
17 Sep 2018
Nationwide Building Society adds over a billion pounds to IT spend
Nationwide is increasing the budget for its latest multi-year IT project Continue Reading
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News
14 Sep 2018
CIO interview: Amir Nooriala, chief operating officer, OakNorth
The challenger bank’s COO on wanting to be fully cloud hosted, going through a huge cloud migration and being able to rebuild its core banking platform in five hours Continue Reading
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Opinion
14 Sep 2018
Security Think Tank: Supplement security with an MSSP to raise the bar
What is the most practical and cost-effective way for organisations to identify and remediate high-risk software vulnerabilities? Continue Reading
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News
13 Sep 2018
GCHQ mass surveillance regime was in breach of human rights law, European court rules
The European Court of Human Rights in Strasbourg has ruled that the UK’s collection of bulk interception of communications data lacked adequate oversight and safeguards and was in breach of human rights law Continue Reading
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Blog Post
13 Sep 2018
Fintechs: what do you want the UK’s immigration policy to look like after Brexit
Today IT trade group techUK announced some of the things it wants the UK post-brexit immigration policy to include. Just yesterday I was talking to the fintech lead at Tech Nation about this very ... Continue Reading
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News
13 Sep 2018
Tech Nation startup programme demonstrates richness of UK fintech
A Tech Nation programme to support the UK's financial technology startups demonstrates the increasingly diverse range of business-to-business products and services available through the country's fintech community Continue Reading
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News
12 Sep 2018
FCA warns it cannot manage financial crime risks without sharing data with EU
FCA admits it will be unable to manage financial crime effectively if it cannot share data with EU authorities. Continue Reading
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Blog Post
11 Sep 2018
Fintech firms pay top executives top dollar
Interesting article on Finextra about the pay packages of top fintech executives. According to research from Morlands Human Capital, cited by Finextra, the average package of a CEO at a fintech ... Continue Reading
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News
07 Sep 2018
RBS announces branch closures as part of cancelled project to create challenger bank
The Royal Bank of Scotland has announced more branch closures and job losses as digital transformation continues to transform the sector Continue Reading
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News
07 Sep 2018
North Korean programmer charged for WannaCry attacks
The US has charged a member of a group of North Korean hackers linked to the WannaCry, Sony Pictures and other cyber attacks around the world Continue Reading
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Blog Post
07 Sep 2018
If Virgin Money combines with Clydesdale and Yorkshire its digital bank project could be canned
Virgin Mooney will probably scrap its plan to build a digital bank if it merges with Clydesdale and Yorkshire banks, because the latter already has an established bank. Continue Reading
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News
05 Sep 2018
The fintech startups to watch in the UK
Tech Nation’s choice of fintech companies to back reflects the changes expected to hit financial services IT Continue Reading
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News
04 Sep 2018
Element AI teams up with AI Singapore
The Canadian upstart is co-developing AI applications for local industries as part of its efforts to build new research capabilities via local talent pools Continue Reading
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News
04 Sep 2018
Britons concerned over security of contactless payments, research finds
Despite the popularity of contactless payments ahead of cash, Britons are worried about the security of tap and go Continue Reading
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News
04 Sep 2018
TSB CEO out after months of IT problems
TSB’s CEO, Paul Pester, is stepping down after the bank and its customers were beset by another round of IT problems Continue Reading
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Opinion
03 Sep 2018
From Aberdeen to Brighton: Investing in the UK’s digital future
More investment in the UK’s broadband infrastructure is critical to ensure the UK’s future success in technology in a post-Brexit world Continue Reading
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News
03 Sep 2018
Dutch bank ING sees financial boost from employee performance management rethink
ING claims business has improved after replacing ‘scattered and fragmented’ IT systems to change the way it manages employee performance Continue Reading
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News
03 Sep 2018
Majority of UK firms not insured for data breaches
Many UK firms are not insured against information security breaches and data loss, and would have to spend £1m on average to recover from a breach, a report reveals Continue Reading
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News
30 Aug 2018
Cobalt cyber heist group mounts new campaign
Security researchers discover new campaign using two malicious links to double the chances of infection, which is believed to be linked to a notorious cyber crime group Continue Reading
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News
30 Aug 2018
Accountant dumps Dell SAN for StorMagic hyper-converged
Accounting firm ditches traditional SAN hardware for software-defined hyper-converged storage from StorMagic and avoids tens of thousands of dollars in capex costs Continue Reading
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News
29 Aug 2018
IT leaders at a crossroads as they grapple with digital technology
CIOs have the opportunity to influence their company strategy as digital technology reshapes business. A survey of CIOs across 70 countries charts a path for IT leaders through emerging technologies Continue Reading
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News
28 Aug 2018
Sharp rise in business email compromise
Cyber attackers are expanding their attack methods to steal money and to gain access to corporate and employee data, a report reveals Continue Reading
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News
24 Aug 2018
North Koreans add Mac OS to cryptocurrency-stealing malware attacks
A North Korean hacking group is targeting cryptocurrency exchanges using Trojanised cryptocurrency trading software designed for both Microsoft’s Windows and Apple’s Mac OS, say researchers Continue Reading
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News
23 Aug 2018
Cryptographic agility is key to post-quantum security
Although post-quantum security is not an issue for all organisations today, an expert believes that those needing to ensure data is secure for decades to come should aim to achieve cryptographic agility above all else Continue Reading
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News
23 Aug 2018
No Deal Brexit papers warn of stark future for UK tech
The government has published the first of its No Deal Brexit contingency planning notices, containing sobering messages for the UK technology industry Continue Reading
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News
23 Aug 2018
Apache Struts users urged to update due to new security flaw
Another security flaw has been discovered in the Apache Struts, which was at the heart of the massive Equifax data breach in 2017 Continue Reading
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News
22 Aug 2018
European cloud adopters still lack basic security
Despite outpacing the rest of the world, the majority of organisations adopting cloud in Europe, the Middle East and Africa lack basic security, a report reveals Continue Reading
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News
22 Aug 2018
Language barrier won’t hold back chatbots in the Netherlands
The use of chatbots by Dutch organisations is on the up, with KLM's chatbot a pioneering example Continue Reading
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News
22 Aug 2018
Barclays appointment will step up use of AI in investment bank
Ex-Goldman Sachs expert will focus on improving Barclays’ trading services and making internal systems more efficient Continue Reading
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News
22 Aug 2018
JP Morgan fintech strategy widens retail trading
Bank’s digital You Invest service opens up trading opportunities to millions of customers Continue Reading
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News
21 Aug 2018
Retail and finance top cyber targets
Retail and finance remain the top cyber attack targets, but the second quarter also saw a spike in attacks against the manufacturing industry and an increase in remote desktop attacks, a report reveals Continue Reading
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News
21 Aug 2018
UK cryptocurrency exchange enlists Rackspace for Microsoft Azure cloud move
London Block Exchange taps up Rackspace to assist with two-month Microsoft Azure migration as it sets about shoring up its platform against demand spikes Continue Reading
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News
20 Aug 2018
Job losses caused by artificial intelligence will dwarf those of Victorian revolution
The disruption to the jobs market caused by artificial intelligence will be far greater than that caused by industrialisation in Victorian times Continue Reading
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News
17 Aug 2018
Cyber Security Challenge UK to scale up
Cybersecurity Challenge UK plans to scale up its events and its role in coordinating UK industry efforts to attract talented people to the cyber security profession Continue Reading
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Feature
16 Aug 2018
Inside DevOps, containers and enterprise security
Global corporates are waking up to containers and orchestrated containerisation for software development that is fast and safe. Computer Weekly looks at the best approach to ensure security is not compromised along the way Continue Reading
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E-Zine
15 Aug 2018
CW ANZ: Gearing up for 5G
The potential benefits of 5G are certainly promising in Australia, which is seen as a test bed for 5G services with the country’s dense cities and wide open spaces. Indeed, telcos in Australia have used the recent Commonwealth Games on the Gold Coast in southeast Queensland to test their coming 5G networks. In this edition of CW ANZ, we look at how Australia is ushering in 5G services and the industries that will get the most out of the technology. Read the issue now. Continue Reading
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E-Zine
15 Aug 2018
CW ASEAN: Preparing for 5G
As telcos gear up to roll out the first 5G networks, enterprises are keen to see how they can take advantage of faster 5G connectivity to support a broad range of applications, from the internet-of-things to high-fidelity remote applications. In this edition of CW ASEAN, we look at how telcos and enterprises are readying themselves for 5G and the opportunities presented by the new technology. Read the issue now. Continue Reading
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News
14 Aug 2018
Phishing remains top fraud enabler, RSA reports
Phishing is the most popular way of enabling fraud for cyber criminals, who are also increasingly using rogue mobile apps, mobile browsers and social media, a report reveals Continue Reading
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News
14 Aug 2018
UK banks under pressure to improve downtime reporting under new FCA rules
To make it easier for customers to compare and switch between current account providers, UK banks are under pressure to improve their reporting processes for downtime and security incidents Continue Reading
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News
14 Aug 2018
FBI warns of global ATM cyber crime spree
The FBI has issued a warning to banks that cyber criminals are planning to steal millions in a coordinated worldwide attack on cash machines Continue Reading
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News
13 Aug 2018
Banks lead in digital era fraud detection
All e-commerce businesses should follow the banks’ lead in how to detect fraud in the digital era, says RSA fraud and risk expert Continue Reading
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News
10 Aug 2018
NCR patches ATM vulnerabilities
NCR has patched ATM vulnerabilities discovered by Positive Technologies Continue Reading
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Blog Post
09 Aug 2018
Banking as a service could help challenger bank expand and profit
Fintech driven challenger banks could make white label banking services attractive to businesses in various consumer facing sectors Continue Reading
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News
08 Aug 2018
Nordic fintech becomes a significant global player
The Nordic region accounted for three of the 10 biggest financial technology deals in the first half of 2018 Continue Reading
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News
07 Aug 2018
Starbucks to advise on development of bitcoin trading platform
Coffee giant Starbucks has joined a group of firms advising Intercontinental Exchange on the development of a digital assets platform Continue Reading
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Blog Post
07 Aug 2018
Young age group need to be educated about open banking if it is to take-off
There needs to be a concerted effort to educate the population about the benefits open banking can offer individuals and society Continue Reading
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News
06 Aug 2018
Starling raises the fintech stakes with banking-as-a-service
Challenger bank enables companies outside the financial sector to offer their customers savings and current accounts via the bank’s APIs Continue Reading
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News
06 Aug 2018
Mobile banking Trojans reach all-time high
Mobile banking Trojans topped the list of cyber threats in the second quarter of the year, according to research by Kaspersky Lab Continue Reading