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
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
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News
02 Aug 2018
Three-quarters of UK adults have not heard of open banking
Open banking will struggle to deliver what it promises unless people are made aware of its existence and what it could do for them Continue Reading
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News
02 Aug 2018
GDPR harmonised with local laws in Nordic EU states
Sweden provides an interesting challenge for the European Union’s data protection regulation due to its laws around freedom of press and free speech Continue Reading
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News
02 Aug 2018
Three Carbanak cyber heist gang members arrested
Three alleged members of the Carbanak gang believed to be responsible for more than 100 cyber heists worldwide have been arrested, US authorities have announced Continue Reading
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News
01 Aug 2018
Public sector increases outsourcing in first half of 2018
IT and business processing outsourcing in UK central government accelerates in the first half this year, almost matching the total spend by financial services firms Continue Reading
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News
01 Aug 2018
Bromium evolves virtualisation-based security
Virtualisation-based security firm Bromium has evolved its technology to offer bidirectional protection for applications and underlying operating systems Continue Reading
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News
01 Aug 2018
Top dark web indicators of compromise
There are 10 common activities on the dark web that indicate a data breach or some other security compromise has taken place, according to a specialist monitoring firm Continue Reading
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News
31 Jul 2018
UK fintech investment exceeds US and China
Financial technology investments in the UK have surpassed those made in the US and China Continue Reading
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News
31 Jul 2018
Intelligent automation spending to hit $232bn by 2025
Technologies such as artificial intelligence, robotic process automation and machine learning could help traditional enterprises gain ground on digital-first giants Continue Reading
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News
30 Jul 2018
IBM and CLS to work on blockchain app store
IBM and foreign exchange settlement provider CLS are using their complimentary expertise to create an app store for finance firms using distributed ledger technology Continue Reading
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News
30 Jul 2018
Dubai disputes court and Smart Dubai partner to apply blockchain
Organisations in Dubai are working on developing the principal of blockchain-based courts Continue Reading
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News
30 Jul 2018
Search begins for UK’s cyber security Unsung Heroes
The Security Serious cyber awareness campaign has opened nominations for the third annual cyber security Unsung Heroes awards Continue Reading
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News
27 Jul 2018
Post-quantum security on Airbus’s radar
With quantum computing on the horizon, multinational aerospace and defence firm Airbus is among those organisations that are looking at evolving their cryptography capabilities to stay ahead of technology Continue Reading
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Blog Post
27 Jul 2018
Five things to consider when joining Open Banking revolution
Open Banking has arrived and will gather pace over the coming tears, but what should organisations consider when they join the revolution Continue Reading
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News
27 Jul 2018
IT meltdown pushes TSB into loss
Bank is feeling the effects of its recent IT problems, reporting a loss of more than £100m for the first six months of 2018 Continue Reading
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News
26 Jul 2018
Brace for PowerGhost cryptominer, warns Kaspersky Lab
Corporate networks are the target of a new illicit cryptocurrency mining malware that is difficult to detect and eradicate, security researchers warn Continue Reading
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News
26 Jul 2018
Software development remains insecure
The prevalence of common and well-known web-based vulnerabilities underlines the need for better education around secure software development Continue Reading
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News
26 Jul 2018
Cyber security vulnerability concerns skyrocket
Security professionals are more worried about data breaches and cyber attacks than they were a year ago, with most fearing that Meltdown-Spectre attacks are becoming the norm Continue Reading
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News
25 Jul 2018
ERP applications are under cyber attack, research confirms
ERP applications are increasingly being targeted by cyber criminals, hacktivists and nation-state actors, a report reveals Continue Reading
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News
24 Jul 2018
Capital markets firms to ramp up public cloud spending
Companies in the investment sector are increasingly using the public cloud to improve access to business-critical data Continue Reading
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News
24 Jul 2018
Nordnet drops AI assistant while SEB deepens collaboration
One Nordic bank decides to stop using cognitive agent Amelia to focus on other AI technologies, but another widens the use of the software Continue Reading
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News
23 Jul 2018
Commerzbank creates Hadoop-based platform for business-critical insights
German bank creates an entire new department to build and support a platform to provide business-critical insights Continue Reading
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News
23 Jul 2018
Zero trust security model boosts business confidence
Organisations that combine the zero trust security model with next-gen access are more confident about meeting access control challenges, a study shows Continue Reading
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News
23 Jul 2018
Barclays to open tech hub in Glasgow
Banking group’s campus in Glasgow will host technology and operations teams using the latest technologies Continue Reading
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News
20 Jul 2018
Brussels aims to become an insurtech hub
Belgian capital is calling on startups as it eyes up the huge opportunities in the insurance technology sector Continue Reading
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News
20 Jul 2018
Cloud sales stoke Microsoft’s strong growth
Microsoft says cloud-based Office products made a huge contribution to sales growth Continue Reading
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News
20 Jul 2018
Interview: Dan Phelps, chief architect, Travelex
Travelex is changing the way it works by combining people, processes and technology to transform the company and by setting up a digital platform Continue Reading
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News
18 Jul 2018
Global trading infrastructure firm opens office in Ireland because of Brexit
Financial services firms are attracted to Ireland as the UK prepares to leave the EU, leading to the creation of IT jobs in the Emerald Isle Continue Reading
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Blog Post
18 Jul 2018
London Fintechs: Could Saudi Arabia be your next stage growth opportunity?
Saudi Arabia is selling itself as a fintech hub with an environment for startups to flourish, but are fintechs ready to set up there? Continue Reading
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News
17 Jul 2018
Saudi Arabia entices UK fintechs to its shores
Saudi Arabia is offering fintechs from other countries the opportunity to access its large internal market Continue Reading
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Feature
13 Jul 2018
Matching disaster recovery to cyber threats
While it is important to take steps to prevent cyber attacks, they can still happen. That is why disaster recovery practices are equally critical Continue Reading
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Blog Post
13 Jul 2018
Venture capitalists fears for London’s fintech future is the starkest of warnings
Fintech is nothing without VC funding and the UK risks losing a significant share Continue Reading
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News
12 Jul 2018
Cyber attackers cashing in on ‘hidden’ attack surface
Cyber attackers are cashing in on organisations’ lack of visibility into all online interactions that can involve multiple third parties, a report reveals Continue Reading
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News
12 Jul 2018
Three-quarters of consumers have interacted with artificial intelligence
Capgemini survey finds 55% of people prefer a mix of AI and humans when they interact with organisations Continue Reading
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Blog Post
12 Jul 2018
The sacking of a robot revealed the need for robot probation periods
Businesses need to give robots a probabtion period for different roles andd must be prepared to bring out the P45 Continue Reading
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News
11 Jul 2018
White-hat hackers find record number of vulnerabilities
White-hat hackers are finding more vulnerabilities than ever before, with crowdsourced security testing continuing to gain popularity, a report reveals Continue Reading
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News
11 Jul 2018
UK firms too confident about cyber security
Three-quarters of UK companies say their cyber protection is above average, and nearly half think they are a “top performer” despite the growth in data breaches Continue Reading
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News
11 Jul 2018
UK fintech industry fears Brexit-induced talent squeeze
London’s financial technology community warns of problems ahead as the reality of the UK leaving the EU unfolds Continue Reading
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News
10 Jul 2018
Hidden costs of data breaches difficult to manage, study finds
The full cost of “mega breaches” can be up to £264m, with the average UK data breach costing £2.69m, a study has revealed Continue Reading
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News
06 Jul 2018
Infosec community welcomes bank sector focus on cyber resilience
The information security community has welcomed regulators’ call on the banking industry to demonstrate their capability to respond to cyber attacks because it highlights the importance of cyber resilience for all businesses Continue Reading
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News
06 Jul 2018
Investment flows into Nordic startups from all directions
The Nordic tech startup scene is attracting funding from a variety of sources, with private equity firms, banks and traditional IT companies all keen to put money in Continue Reading
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News
06 Jul 2018
HSBC previews the banking staff of the future
The digital revolution in banking is set to create previously unknown jobs, and HSBC has outlined three of the job roles that will be created in the future Continue Reading
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News
06 Jul 2018
Banks given three months to report on how they respond to outages
UK financial services regulators get tough on banks over their ability to recover from IT outages Continue Reading
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News
06 Jul 2018
How changes in retail law could affect customer experience
New payments regulations could increase the amount of times customers will need to use two-factor authentication to make a purchase, potentially putting a strain on customer experience, according to MasterCard Continue Reading
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News
05 Jul 2018
Beware blockchain security blindspots, warns RSA
Companies need to ensure that rushed blockchain and other new technology projects are not introducing security vulnerabilities by gaining granular visibility of network activity, according to RSA Security Continue Reading
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Feature
05 Jul 2018
DevOps done right: Securing grassroots support for a top-down DevOps enterprise push
As more and more enterprises rush to join the DevOps movement, practitioners share details of how they secured grassroots support for their senior leadership team's top-down agile adoption mandates Continue Reading
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Blog Post
04 Jul 2018
London fintechs managed by Oracle's Brussels arm: a shock a few years ago, but not today
Not that surprising in this day and age that a large software company puts its European fintech resources in a city other than London Continue Reading
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News
04 Jul 2018
European banks need to balance fintech strategies
European Banking Authority highlights the risks of banks taking up fintech too quickly, and of ignoring it Continue Reading
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News
03 Jul 2018
UK financial services firms up tech investments to fuel new services
Driven by the need to offer new services, as well as meet industry regulations, UK financial services firms are increasing spending on IT Continue Reading
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News
02 Jul 2018
HMRC deactivates record number of fake websites
HM Revenue & Customs has removed more than 20,000 malicious websites in the past year, but warns people to stay alert to the threat from online fraudsters Continue Reading
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News
29 Jun 2018
GDPR exposes breach reporting flaws
In the month since the GDPR compliance deadline, it has become clear that many organisations are not well prepared for personal data breach notifications, says PwC’s data protection lead Continue Reading
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News
27 Jun 2018
Nationwide Building Society to fund tech startups to the tune of £50m
With an available fund of £50m, Nationwide Building Society is the latest traditional financial services provider to support tech startups Continue Reading
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News
27 Jun 2018
Cyber criminals 'infect and collect' in cryptojacking surge
Illicit cryptocurrency mining offers cyber criminals lower risk, higher efficacy and greater ease of making money, adding passive exploitation to ransomware extortion, data breach theft and fraud, a report reveals Continue Reading
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News
27 Jun 2018
Technology key to keeping staff happy
Giving employees access to the latest technologies will improve their satisfaction and increase productivity, survey shows Continue Reading
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News
22 Jun 2018
IBM early findings on disastrous TSB core banking system migration released
Report released by Treasury Committee criticises lack of rigour in preparation for core banking system migration, but TSB says report’s content is out of date Continue Reading
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News
21 Jun 2018
Lloyds Bank cuts 450 jobs to make way for digitisation roles
Lloyds Banking Group has axed 450 jobs to create 255 digital-focused roles as it adapts to changes in customer banking habits Continue Reading
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Feature
20 Jun 2018
Need for speed: designing a modern campus LAN
Just like datacentres before them, campus LANs are increasingly being defined by virtualisation and software-based controls. Next to this shift, the hardware also continues to improve as network owners look to keep pace with user demand Continue Reading
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News
20 Jun 2018
Banks already looking for EU-based IT staff for post-Brexit operations
UK banks already have plans to move some of their operations to the EU, with the search for EU-based IT professionals under way Continue Reading
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News
20 Jun 2018
Nine out of 10 enterprises will use robotic process automation by 2020
Robotic process automation take-up expected to reach 92% of European enterprises within two years, finds ISG survey Continue Reading
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News
20 Jun 2018
Dutch organisations must unite to fight DDoS attacks
Experts in the Netherlands call on Dutch corporations and institutions to work together to help prevent distributed denial of service attacks Continue Reading
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Blog Post
20 Jun 2018
Fintech takes headlines but Insurtech is a huge opportunity
Insurtech doesn't have the ring of Fintech but the opportunity to personalise insurance through tech is huge Continue Reading
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News
19 Jun 2018
Debit card payments surpassed cash for first time in 2017
For the first time, UK customers used debit cards to make more payments than cash in 2017, a change which has come a year earlier than expected. Continue Reading
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News
19 Jun 2018
Visa reveals 'rare' datacentre switch fault as root cause of June 2018 outage
Visa has offered a retrospective analysis of what went wrong in its datacentre during its UK-wide outage on Friday 1 June, in response to a request from the Treasury Select Committee for more detail about the downtime Continue Reading
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News
19 Jun 2018
Surface web used in private data sales
The surface web plays an integral role in the selling of personal information, a report on identify fraud has revealed Continue Reading
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News
19 Jun 2018
Young generation tempted by Amazon bank-like services
Tech firms offering banking services will be inevitable in the future as more than half of young people are tempted by such a prospect Continue Reading
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News
18 Jun 2018
Bank uses AI to select job candidates
Singapore’s DBS Bank is using artificial intelligence to automate parts of its recruitment process Continue Reading
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Feature
15 Jun 2018
IPsoft’s digital worker is part of a shift in human productivity
IPsoft used its annual user summit to allow customers to update themselves on the career of its cognitive digital agent Amelia Continue Reading
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News
14 Jun 2018
Cyber attack warnings highlight need to be prepared
Fresh warnings about the vulnerability of national infrastructure to cyber attacks show the need for securing and monitoring associated control systems connected to the internet Continue Reading
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E-Zine
14 Jun 2018
CW Europe: Lufthansa’s HR IT project takes off
Lufthansa says it is confident of landing a company-wide HR IT project after having to go back to the drawing board. Also in this issue, read about the ComputerWeekly/TechTarget IT Priorities survey’s findings that many European technology leaders are expecting to increase IT spending through 2018, and how a major report has reassured Swedish society that artificial intelligence will be a positive force for change despite fears of job losses. Continue Reading
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News
14 Jun 2018
Bank of England to set minimum service requirements after TSB and Visa outages
The Bank of England is planning new rules for the minimum service levels that financial service providers must offer, even during IT outages Continue Reading
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News
12 Jun 2018
Mayor Khan bids to make London the world’s smartest city
At London Tech Week, mayor Sadiq Khan launched a city-wide initiative to harness the capital’s technology talent to address London’s most pressing problems Continue Reading
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News
12 Jun 2018
Insurer Beazley meets global challenge to secure mobile workforce
Beazley has stolen a march on other London-market insurers by implementing a versatile global digital workspace with improved security Continue Reading
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News
12 Jun 2018
BT announces “unhackable” quantum-secured network
In the face of the threat that quantum computers could crack many of the encryption methods used to protect highly sensitive data, BT has developed a “quantum-secured” network Continue Reading
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News
11 Jun 2018
Coinrail cyber heist highlights need for exchange security
A cyber heist at South Korea’s Coinrail has prompted fresh calls for industry regulations to drive better cyber security at cryptocurrency exchanges Continue Reading
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News
08 Jun 2018
Thriving fintech, AI sectors give boost to UK tech funding
British technology businesses have received £5bn worth of venture capital funding since June 2016 – more than France, Germany and Sweden put together – with fintech and AI startups standing out Continue Reading
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News
07 Jun 2018
IT spending reaches 10-year high as CIOs struggle with digital technology strategy
IT leaders have seen their budgets and headcounts rise for the first time in 10 years, but face challenges implementing their digital strategies Continue Reading
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News
06 Jun 2018
Financial Conduct Authority raises questions over TSB's IT regression testing
The FCA will look at whether TSB carried out sufficient regression and user acceptance testing before migrating to a new IT platform Continue Reading