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
08 Feb 2018
Teenager suspected of crippling Dutch banks with DDoS attacks
A large distributed denial of service attack on banks and other organisations in the Netherlands, first thought to emanate from Russia, is now thought to have been launched by a local teenager Continue Reading
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Opinion
08 Feb 2018
Mobile biometrics set to be game-changer in APAC
Telcos, financial institutions and other industry players risk losing market share if they do not keep up with the demand for security, convenience and mobility Continue Reading
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News
07 Feb 2018
Stay of execution for RBS branches and free devices for some customers
RBS is offering free training and devices to some customers in Scotland to help them eventually live without bank branches Continue Reading
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News
06 Feb 2018
Lloyds Bank cuts CIO workforce
Lloyds Banking Group is changing the skills make-up of its IT team to support demand for digital services Continue Reading
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News
06 Feb 2018
UK leads international crackdown on Luminosity spyware
Law enforcement agencies shut down international support network for a hacking tool that allowed cyber criminals to gain remote control of victims’ computers Continue Reading
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Opinion
06 Feb 2018
Security Think Tank: Take care of security basics before automating
How can organisations evolve their security operations teams to do more automation of basic tasks and cope with dynamic IT environments? Continue Reading
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News
05 Feb 2018
Appeals court rules Lauri Love will not be extradited over US hacking charges
The lord chief justice, Lord Burnett, says 33-year-old engineering student Lauri Love will not be extradited to the US to face hacking charges, in a landmark legal decision, and the Crown Prosecution Service should bring proceedings against Love in the UK Continue Reading
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Blog Post
05 Feb 2018
Buying cryptocurrency on credit is so risky Lloyds Banking Group won’t let customers do it
If you are a Lloyds Banking Group credit card holder that fancies a flutter on cryptocurrencies ,think again it's banned. Continue Reading
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News
01 Feb 2018
European Commission eyes blockchain opportunity
The European Commission is aiming to get the most out of blockchain technology in a wide variety of sectors Continue Reading
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News
01 Feb 2018
Businesses urged to patch against cryptocurrency-mining botnet
Researchers have uncovered further evidence that cyber criminals are cashing in on the popularity of cryptocurrencies, with the discovery of a global cryptocurrency-mining botnet Continue Reading
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News
01 Feb 2018
Dutch companies not ready for GDPR despite approaching deadline
Organisations in the Netherlands are racing towards General Data Protection Regulation compliance, but there is still much to be done Continue Reading
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News
31 Jan 2018
Many businesses still using outdated security, says Troy Hunt
Too many businesses are using out-of-date approaches to security, a world-renowned cyber security author and trainer warns Continue Reading
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News
31 Jan 2018
GDPR requests to take thousands of hours a month, says survey
A recent survey predicts organisations will potentially face thousands of customer requests about their personal information every month, with many unprepared for GDPR compliance Continue Reading
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News
31 Jan 2018
Swedish banks embrace rapidly evolving chatbots
Artificial intelligence is playing an increasingly important business role for Sweden’s banks – and chatbots are the starting point for many Continue Reading
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News
31 Jan 2018
Carillion not a like-for-like comparison with IT services firms, but an overt reminder
Although Carillion’s problems are unlikely to hit major IT services suppliers, its collapse is a reminder of the need to ensure good governance Continue Reading
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News
30 Jan 2018
Davos: Cyber risks grow as countries turn towards protectionism
The cost of natural disasters is now at record levels, but the cost of cyber crime is far higher. The World Economic Forum hopes to persuade governments to work together on the problem, but with isolationist politics back in fashion, can it succeed? Continue Reading
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News
29 Jan 2018
Millennials set to disrupt authentication, shows IBM study
Young adults are lax on passwords, but are more comfortable than older generations with biometric and multifactor authentication, an IBM study shows Continue Reading
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News
29 Jan 2018
Hefty fines confirmed for CNI providers with poor cyber security
The government has confirmed that critical infrastructure providers with poor cyber security face fines of millions of pounds as the National Cyber Security Centre publishes new guidance for the industry Continue Reading
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Blog Post
24 Jan 2018
Fintech based banks need more differentiation to convince consumers to ditch traditional players
New banks are putting too much importance on their digital usability as a way to win over coustomers Continue Reading
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News
24 Jan 2018
Dark web Dream Market drives cyber fraud industry
An international operation shut down the AlphaBay and Hansa marketplaces in July 2017, but new ones have sprung up on the dark web, with one in particular helping to drive cyber fraud Continue Reading
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News
23 Jan 2018
Mastercard sets biometric ID deadline for banks
Mastercard has committed to guaranteeing that every one of its customers will have access to biometric authentication services by April 2019 Continue Reading
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News
23 Jan 2018
Interview: Kaspar Korjus, Estonian e-Residency lead
As the number of people signing up to become Estonian e-residents exceeds the country’s birth rate, Computer Weekly speaks to the man heading up the programme Continue Reading
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E-Zine
23 Jan 2018
Will banking regulations create a new Big Bang?
In this week's Computer Weekly, we look at two important new financial services regulations, PSD2 and open banking, which promise to revolutionise the industry by opening up customer data. We ask security researchers to explain the Spectre and Meltdown processor flaws and how to tackle them. And we examine the NVMe protocol and its likely benefits for storage technologies. Read the issue now. Continue Reading
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News
22 Jan 2018
NRF 2018: Cryptocurrencies “won’t take off”, says Visa executive
Visa’s CEO, Alfred Kelly, told retailers at the 2018 NRF Big Show that bitcoin and other cryptocurrencies should be low on their list of priorities Continue Reading
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News
22 Jan 2018
IT of world’s banks is moving on from crippling regulation
Banks need to invest more in fintech and IT skills as they emerge from years of stagnation Continue Reading
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News
22 Jan 2018
Cyber attackers exploiting trust in FTP servers
Some cyber attackers are exploiting trust in FTP servers to distribute malware, security researchers warn Continue Reading
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News
21 Jan 2018
Cloud firm speeds customer analytics with Pure Storage arrays
Cloudhelix replaces Pernix Data storage with Pure Storage FlashArray products to provide “brute force” performance approach for unpredictable customer workloads Continue Reading
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News
18 Jan 2018
Nordic IT executive interview: Daniel Kjellén, CEO, Tink
Sweden could have a head start in the race to open up banking through the European Union’s PSD2 regulation Continue Reading
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News
18 Jan 2018
Next-gen Mirai botnet targets cryptocurrency mining operations
A variant of the Satori botnet, a successor of the IoT device hijacking Mirai botnet, is designed to hijack cryptocurrency mining operations, syphoning off newly created digital coins Continue Reading
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News
17 Jan 2018
North Korean hackers tied to cryptocurrency attacks in South Korea
North Korea's Lazarus Group targeted South Korean cryptocurrency exchanges and users in late 2017, but may soon go after exchanges and users in other countries, warns report Continue Reading
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News
17 Jan 2018
Davos: Disintegration of the internet could create economic turmoil
Politicians and business leaders will discuss the risks posed by fake news, cyber attacks, and artificial intelligence to jobs, political stability and global security, at the World Economic Forum in Davos Continue Reading
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News
17 Jan 2018
UBS uses predictive analytics to manage its travel spend
Swiss bank is getting a better insight into its business travel costs through an automated software platform Continue Reading
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News
16 Jan 2018
Financial savings just the beginning for CIOs who understand code quality
Businesses need to understand the quality of the code in their applications if they are to avoid unnecessary costs and glitches Continue Reading
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News
16 Jan 2018
Abu Dhabi continues fintech agenda in 2018
Abu Dhabi is open to developing its fintech ecosystem, with the next 12 months expected to see more focus on the sector Continue Reading
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News
11 Jan 2018
Hard Brexit risks 92,000 UK science and technology jobs
Economic analysis commissioned by London mayor Sadiq Khan warns that thousands of jobs in science and technology sectors be at risk if UK crashes out of EU with no deal Continue Reading
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Blog Post
10 Jan 2018
As open banking hits UK is it time to dispel the Google Bank theory?
As the UK embarks oon a journey to open retail banking up to more competition it is time to stop talking about Google Bank? Continue Reading
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News
10 Jan 2018
UAE tech growth prompts firms to review internal IT security
As IT becomes more prominent in the UAE economy, more and more internal connections between people and systems are created, all of which need to be secured Continue Reading
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Feature
10 Jan 2018
Inside DBS Bank’s digital journey
The Singapore-based bank laid the foundation for its digital strategy a decade ago, starting with an overhaul of its IT systems before going big on cloud computing in later years Continue Reading
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News
09 Jan 2018
Dutch bank tests wearable technology payments
ABN Amro is testing out wearable payment devices with 500 customers as part of a four-month pilot Continue Reading
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News
09 Jan 2018
Cyber attacks in 2017 drive Nordic security efforts
The volume of cyber attacks last year has increased boardroom focus on security in the Nordic region Continue Reading
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News
09 Jan 2018
Google puts its payment services under one roof
Internet giant is bringing all its payment services under the Google Pay brand, making them “simpler, safer and more consistent” Continue Reading
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News
05 Jan 2018
Insurance broker Simply Business ditches legacy MPLS for SD-WAN
Insurance business finds networking a breeze after ditching its unresponsive managed services provider and implementing VeloCloud’s latest software-defined wide area network technology Continue Reading
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News
05 Jan 2018
London attracted record tech investment in 2017
London-based tech firms received record levels of venture capital funding last year Continue Reading
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News
04 Jan 2018
Nordic banks face digitisation decisions over PSD2
With the latest version of the EU payment services directive coming into force, traditional Nordic banks can’t afford to slow their digital transformations Continue Reading
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News
03 Jan 2018
Top IT priorities for Nordic CIOs in 2018
Nordic CIOs tell Computer Weekly about their intentions for the year ahead Continue Reading
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News
28 Dec 2017
Top 10 CIO interviews of 2017
IT leaders from across the UK and Europe shared their plans, strategies and best practice advice with Computer Weekly Continue Reading
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News
19 Dec 2017
Top 10 enterprise IT in the Nordics stories in 2017
The Nordic region might be best known in IT circles for its startup communities – but it has much more to offer Continue Reading
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E-Zine
14 Dec 2017
CW Europe: Eurosport pumps up digital technology for cycling fans
Read how Eurosport is using a novel combination of technology and information to develop immersive viewing experiences for sports fans across a range of platforms. Also find out how Russian state bank Vneshekonombank expects to become a vehicle for a blockchain revolution in the country’s public sector, and what the European Parliament's approval of a new electronic system to store biometric information might mean for UK citizens after Brexit. Continue Reading
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News
11 Dec 2017
Innovation key to halt cyber attacks
In the light of the number of cyber breaches taking place, innovative security systems are required, according to the UK National Cyber Security Centre (NCSC) Continue Reading
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News
11 Dec 2017
Workers should embrace robots, not fear them, says Labour deputy
Labour deputy leader to say workers need not fear robots taking their jobs, but welcome the opportunities they will bring Continue Reading
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News
11 Dec 2017
Bumps in the road ahead for Nordic cashless societies
Sweden and Norway are global leaders when it comes to reducing the use of cash in the economy – but what about the Nordic region as a whole? Continue Reading
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News
10 Dec 2017
Russian-speaking hackers targeting financial institutions
A Russian-speaking cyber criminal gang is targeting financial institutions in the UK, US and Russia, a Moscow-based security firm reports Continue Reading
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News
08 Dec 2017
Hackers steal nearly $80m in bitcoin
Hackers have stolen nearly $80m worth of bitcoin from a bitcoin mining service as the cryptocurrency’s value continues to skyrocket Continue Reading
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News
06 Dec 2017
UKtech50 2017 - The most influential people in UK IT
Computer Weekly has announced the eighth annual UKtech50 – our definitive list of the movers and shakers in the UK IT sector Continue Reading
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News
06 Dec 2017
CIO interview: Carlos Abarca, TSB
Carlos Abarca is guiding TSB through its migration from systems hosted by a competitor to a digitally focused in-house core banking platform. Continue Reading
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News
05 Dec 2017
Bitcoin industry enters top 10 DDoS targets
The bitcoin industry has become one of the top 10 industries most targeted by distributed denial of service attacks, a report has revealed Continue Reading
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News
04 Dec 2017
Barclays Bank stops offering Kaspersky software to new users
Bank is no longer offering customers Kaspersky anti-virus software after UK security agency issues warning Continue Reading
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News
29 Nov 2017
Norway merges payment systems to combat global competition
Norwegian banks are merging three payment and identification systems in the face of increased competition from companies in other countries Continue Reading
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News
28 Nov 2017
Fintech is increasing operational risk to banks
European Banking Association report reveals fear of greater operational risk because of increased take-up of fintech in financial services sector Continue Reading
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News
27 Nov 2017
UK IT professionals could lose out in a free trade deal between UK and India
There could be an increase in Indian IT professionals coming to work in the UK post-Brexit if a new trade deal is signed with India Continue Reading
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E-Zine
23 Nov 2017
CW Nordics: IT companies focus on job satisfaction
The Nordics IT industry’s increasing focus on job satisfaction is paying off. Computer Weekly’s global salary survey shows Nordic IT professionals are happy with their pay and training opportunities and few are actively seeking a new job. Also in this issue, read how there is still gender inequality in the IT sector despite Nordic countries being hailed as pioneers of digital and equal worker rights. And Anna Eriksson, CIO of the Swedish National Land Survey, talks about the organisation’s approach to digital transformation. Continue Reading
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News
16 Nov 2017
Private Swiss bank Julius Baer to save $1m a year with cloud HR
Julius Baer banks on higher returns after replacing on-premise systems with cloud HR services Continue Reading
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News
16 Nov 2017
Post Office court case judge issues warning to legal teams
The high court judge managing the sub-postmasters versus Post Office legal case over an allegedly faulty computer system tells legal teams to cooperate Continue Reading
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News
13 Nov 2017
DBS teams up with Equinix to reduce datacentre footprint
Building on earlier efforts to harness cloud computing to support growing compute workloads, DBS’s new private cloud datacentre will be smaller, greener and cheaper to run Continue Reading
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News
09 Nov 2017
TSB customers can use their faces to authenticate payments
Bank’s latest addition to its mobile apps is a facial recognition option for Apple iPhone X users Continue Reading
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E-Zine
09 Nov 2017
CW Benelux: Young wayward hackers could help fill Dutch IT skills gap
In this issue, read how an initiative in Rotterdam is helping young people get into the IT sector by targeting those overlooked by traditional methods. Also find out how Amsterdam’s Schiphol airport is utilising open source software to create and use a multi-cloud platform with an open API, and how the Netherlands’ Rabobank has moved from tape libraries and robotic arms to a platform-based storage and retrieval system. Continue Reading
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News
09 Nov 2017
Bangalore offers the best ecosystem for digital transformation, says Economist report
Bangalore ranked as the number one location for businesses looking to access the right ecosystem to support digital transformation Continue Reading
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News
06 Nov 2017
Bank of Scotland testing out artificial intelligence on customer iPhone app
Bank of Scotland pilots artificial intelligence within its iPhone banking app. Continue Reading
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News
03 Nov 2017
Go beyond GDPR for a competitive edge
By exceeding the bare minimum requirements set by privacy regulations, businesses can win customers by offering greater assurances, says a business adviser Continue Reading
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News
03 Nov 2017
Monique Shivanandan leaves Aviva
CIO has left the insurance company after more than three years in the role Continue Reading
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News
02 Nov 2017
Middle East blockchain forum moves to accelerate adoption of the distributed ledger technology
Blockchain technology is becoming more widely used by financial services companies in the Middle East, and is finding its way into other sectors in the region Continue Reading
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News
31 Oct 2017
Image recognition system clears cheques in one day
All cheques paid in the UK will be cleared on the next working day once an image-based clearing system is fully rolled out Continue Reading
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News
27 Oct 2017
Nordea lays off 6,000, citing digital transformation as the driver
Nordea is cutting staff as a result of its ongoing digital transformation, which means it needs less people Continue Reading
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News
24 Oct 2017
Nordic finance watchdogs losing patience over anti-money laundering systems at banks
The financial services watchdogs have informed banks that they have to do more to improve anti-money laundering systems Continue Reading
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News
18 Oct 2017
Focus needs to shift to breach impact, says McAfee researcher
Breach investigations commonly focus on the attackers and their motives, but a security researcher believes there needs to be more emphasis on business impact Continue Reading
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News
18 Oct 2017
Cloud service spending almost matches traditional IT outsourcing
Traditional outsourcing spending has plummeted in the latest three-month period, but spending on cloud-based IT services is going some way to filling the void Continue Reading
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News
17 Oct 2017
RSA’s Middle East cyber security conference gains its own identity
RSA Abu Dhabi conference focuses on region’s cyber security needs as digital technology deployments expand Continue Reading
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News
12 Oct 2017
UK bank Standard Chartered opens IT service centre in Bangalore
Bank is expanding its operation in India, which provides business services to its operations globally Continue Reading
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News
11 Oct 2017
Dutch government agreement increasingly focuses on IT security
The coalition government in the Netherlands has agreed its plan for the next four years, with IT security prominent Continue Reading
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News
10 Oct 2017
Some IT contractors earning more than £700 a day
Research shows 40% of contractors reach the average annual IT salary within three months Continue Reading
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News
03 Oct 2017
CIOs moving to revenue-generating roles
Gartner survey shows changing role for CIOs to cover revenue generation and deriving value from data, and spending less time on traditional IT delivery Continue Reading
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E-Zine
03 Oct 2017
Digitally preserving history
In this week’s Computer Weekly, we find out how cloud technologies are helping Gibraltar to digitally preserve historic documents and safeguard its cultural heritage. We examine progress on the roll-out of the new NHS national network. And our latest buyer’s guide looks at the benefits and challenges of cloud-based ERP software. Read the issue now. Continue Reading
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Feature
28 Sep 2017
Where the device hits the network – a mobile device management update
As business becomes increasingly mobile, we look at the latest trends in mobile device management to give businesses the edge Continue Reading
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News
27 Sep 2017
RHB Bank rolls out chatbot for loan applications
The Malaysian lender hopes to improve the loan application experience and grow its personal loan business by 60% through a new chatbot Continue Reading
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News
25 Sep 2017
Amazon launches Middle East region
Amazon opens its latest delivery hub in Bahrain to serve customers in the Middle East Continue Reading
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News
20 Sep 2017
Why businesses should tackle the digital workplace
IT chiefs should make implementing the digital workplace core to their company’s digitisation strategy, says analyst Gartner Continue Reading
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News
20 Sep 2017
Blockchain tests delivering results and IBM seen as leader
Businesses that have invested in trials of blockchain technology will repeat their investments Continue Reading
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E-Zine
19 Sep 2017
Can DevOps deliver on its productivity promises?
DevOps and agile working are often cited as key elements of successful digital transformation – in this week’s Computer Weekly, we examine the challenges to delivering on that promise. Many retailers are investing in emerging technologies to gain an edge – but are they getting too far ahead of the curve? And we hear how a new spirit of collaboration could help UK broadband roll-out. Read the issue now. Continue Reading
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News
15 Sep 2017
Banks across Europe cut thousands of staff and branches as IT replaces them
Banks across Europe cut jobs and close thousands of branches as IT shakes the industry Continue Reading
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News
14 Sep 2017
BT offers enterprise customers flexible bandwidth for peak usage
New element of BT IP Connect Global WAN service will enable businesses to dial their network capacity up and down at will Continue Reading
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News
08 Sep 2017
Millions of customer records compromised in Equifax breach
Major security breach unfolded over a two-month period, and is thought to have affected 143 million customers in the US, as well as an undisclosed number of Britons and Canadians Continue Reading
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News
07 Sep 2017
Thousands of Deutsche Bank employees will be replaced by robots
The CEO of Deutsche Bank said a "big number of staff will eventually be replaced by robots” as it looks towards artificial intelligence technology Continue Reading
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News
06 Sep 2017
European Union states question copyright law proposal
European states are questioning legality of a new copyright law proposed by the EU Continue Reading
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News
05 Sep 2017
People with non-IT backgrounds could help fill cyber security skills gap
Organisations should look to fill cyber security roles with people who are curious and have work experience rather than focusing solely on graduates Continue Reading
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News
04 Sep 2017
Women still under-represented in Nordic IT despite region’s efforts
Although countries in the Nordic region are often hailed as pioneers of digital and equal worker rights, there is still gender inequality in the IT sector. Continue Reading
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News
04 Sep 2017
Government launches FTTP pilot for businesses, schools and hospitals
The government has released £10m to six FTTP trial projects around the UK, testing ultrafast broadband technology in businesses, schools and hospitals Continue Reading
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News
31 Aug 2017
App-based challenger bank Starling enters next stage of its journey
Thousands of people are downloading Starling’s app every week as the bank builds its customer base Continue Reading
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News
30 Aug 2017
Researcher finds over 711 million compromised email accounts
A security researcher has discovered a spambot using more than 711 million compromised email accounts to spread data-stealing malware Continue Reading
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News
30 Aug 2017
Challenger bank Fidor reaches 200,000 customers
Fintech trailblazer Fidor now has more than 200,000 people using its banking services, but its CEO believes the fintech environment is getting tougher Continue Reading
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News
29 Aug 2017
Danske Bank taps into the cognitive capabilities of IBM Watson
Danish bank is using IBM Watson as part of a major IT outsourcing deal Continue Reading