News

E-commerce technology

March 15, 2018 15 Mar'18
Tesco appoints new chief technology officer

Supermarket giant’s new CTO joins from Airbus and will continue to implement retailer’s digital transformation programme
March 14, 2018 14 Mar'18
Most people think cryptocurrency will be accepted on buses by 2025

Cryptocurrency is a mystery to many people, yet 55% of respondents to a survey expect shops and buses to accept digital money in seven years’ time
March 13, 2018 13 Mar'18
Retailers need to prepare properly before AI adoption, say experts

Artificial intelligence can help many areas of the retail landscape, but retailers should make sure they prepare before taking on AI adoption, says an expert panel
March 09, 2018 09 Mar'18
Modern retail: machine learning, customer experience and legacy

As the retail landscape shifts in the wake of new technologies, experts in retail and tech explain how firms need to adapt to cater for modern consumers

March 09, 2018 09 Mar'18
Amazon bank could have 70 million customers in five years

Amazon could have more banking customers in the US than the UK has citizens within five years
March 08, 2018 08 Mar'18
Denmark’s MobilePay expands in Finnish market through deal with retailer

Deal with Finland’s largest grocery retailer helps mobile payment service spread its reach
March 07, 2018 07 Mar'18
Co-op trials pay-in-aisle technology

Food retailer Co-op plans to introduce a smartphone self-checkout system so customers can pay for goods without visiting a till
March 06, 2018 06 Mar'18
Government sets out tighter security measures for IoT devices

The government has announced plans to develop a new code of practice to improve the security of connected internet of things devices
March 06, 2018 06 Mar'18
Amazon contemplating next move in banking sector

Amazon is in talks with a bank about setting up a current account that will appeal to young people
March 02, 2018 02 Mar'18
Bank of England chief calls for cryptocurrency regulation

Bank of England governor calls on cryptocurrencies to be regulated to protect financial system and reduce illicit activities

March 02, 2018 02 Mar'18
People at risk of psychological side-effects of screen addiction

Many Brits spend more than 10 hours a day attached to a screen and 60% look at two at once, research shows
February 28, 2018 28 Feb'18
Virgin Money launches digital bank

Virgin Money is setting up a digital bank to expand into the current account and SME business account markets
February 23, 2018 23 Feb'18
RBS’s first profit in a decade accompanied by major first for mobile channel

News of its first profit in 10 years might overshadow a major first for the Royal Bank of Scotland’s mobile channel
February 20, 2018 20 Feb'18
UK finance regulator collaborates with US counterpart on fintech

The FCA is working with a US finance regulator to support financial technology companies on both sides of the Atlantic
February 16, 2018 16 Feb'18
CIO interview: Mike Thomas, CIO, Hobbycraft

The CIO of Hobbycraft, Mike Thomas, speaks to Computer Weekly about the art of digital transformation in retail, the importance of customer experience and getting a good return on investment
February 15, 2018 15 Feb'18
Cash will remain in use in Eurozone for a very long time, says central bank

Cash seems set to survive the onslaught of digital payments, at least in countries that use the euro
February 14, 2018 14 Feb'18
Nordic banks plan common cross-border payment infrastructure

Banks in the different Nordic countries plan to move to a shared payments infrastructure
February 13, 2018 13 Feb'18
Quarter of retailers say tech investment makes it harder to connect with consumers

Lack of return on investment in technology has left one in four retailers disappointed and unable to connect with their customers
February 07, 2018 07 Feb'18
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
February 02, 2018 02 Feb'18
Google Q4 results show businesses are buying into its public cloud

The Google Cloud Platform is earning the search engine giant $1bn per quarter. Expect more cloud investment this year
February 02, 2018 02 Feb'18
Faster data is a safer bet for risk exposure

Betting platform service supplier FSB Technology (UK) has used GridGain’s in-memory database to support its existing PostgreSQL transactional system
February 01, 2018 01 Feb'18
More than half of millennials prefer online retailer info to in-store assistance

Customers between the ages of 25 and 34 would rather look online for information than talk to a shop assistant, even when they are in a store
February 01, 2018 01 Feb'18
Facebook reports $15.9bn profit after ‘hard’ year

Facebook has reported a strong fourth quarter and a strong year with quarterly profit up 20% and annual profit up 56%, but chief Mark Zuckerberg admits it has been a challenging 12 months
January 30, 2018 30 Jan'18
Most online retail sites put customers at risk of phishing

Most top online retail sites fail to protect consumers from phishing attacks, a study has revealed
January 29, 2018 29 Jan'18
Online retail grew less than expected in 2017

IMRG and Capgemini found retail sales grew by 12.1% in 2017, but growth was lower than in the previous year
January 26, 2018 26 Jan'18
CIO interview: Vlassios Rizopoulos, CTO, Pricesearcher.com

CTO of independent online search engine Pricesearcher.com explains how it uses big data and high-performance computing to cater to customers who use price as the deciding factor for their purchase
January 23, 2018 23 Jan'18
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
January 22, 2018 22 Jan'18
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
January 22, 2018 22 Jan'18
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
January 18, 2018 18 Jan'18
NRF 2018: Rent the Runway – focus on data proves use case for clothing rental

Clothing retailers are not traditionally known to rent products to anyone other than celebrities, but retail service Rent the Runway is using data to prove customer demand
January 18, 2018 18 Jan'18
NRF 2018: Companies should take “lab approach” to innovation, says former GE exec

Organisations should use a lab-type approach to test ideas and drive innovation, according to the former vice-chair of GE, Beth Comstock, speaking at At NRF 2018
January 17, 2018 17 Jan'18
Business needs to reduce cyber threat to payment card data

Cardholder data is a prime target for cyber criminals, and that is only likely to increase in the coming year, according to a cloud-based secure payments firm
January 16, 2018 16 Jan'18
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
January 10, 2018 10 Jan'18
Marks and Spencer eyes £30m annual cost savings from digital-first retail push

High-street retailer has fleshed out plans to put digital at the heart of its business to boost operational efficiency in response to changing consumer demands
January 09, 2018 09 Jan'18
Dutch bank tests wearable technology payments

ABN Amro is testing out wearable payment devices with 500 customers as part of a four-month pilot
January 09, 2018 09 Jan'18
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”
January 04, 2018 04 Jan'18
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
December 22, 2017 22 Dec'17
Air New Zealand to trial digital translation technology

Airline becomes one of the first companies to try out a business case for Google's real-time translation technology
December 20, 2017 20 Dec'17
Yoox Net-A-Porter Group appoints first chief data and analytics officer

Online fashion retailer Yoox Net-A-Porter Group has confirmed the appointment of its chief data and analytics officer, a new role for the firm
December 11, 2017 11 Dec'17
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?
December 08, 2017 08 Dec'17
Santander UK recruits digital banking expert from Barclays

Santander UK has poached Michael Harte from Barclays to drive digital transformation
October 31, 2017 31 Oct'17
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
October 24, 2017 24 Oct'17
Almost 70% of customers willing to use fingerprint biometrics to shop

Consumers are becoming more comfortable using biometrics to pay when shopping, with fingerprint payments proving the most popular biometric identification method
October 16, 2017 16 Oct'17
How technology is transforming healthcare delivery in Gulf region

IT will transform the healthcare sector in the Gulf Cooperation Council countries over the coming years
October 03, 2017 03 Oct'17
Tech entrepreneur aims to take digital skills to refugees

Tech entrepreneur Emma Sinclair hopes to raise £150,000 to run an education programme for displaced young people in a Unicef programme that aims to develop skills that might otherwise be lost
September 15, 2017 15 Sep'17
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
September 12, 2017 12 Sep'17
Government wants to remain in EU cyber security club after Brexit

The UK government wants to maintain deep links with the European Union’s cyber security working groups following Britain’s exit from the bloc in 2019
September 08, 2017 08 Sep'17
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
September 01, 2017 01 Sep'17
Content delivery innovation improves user experience for e-tailer

WorldStores Group, the owner of a number of online home and lifestyle retail brands, has transformed its customer experience with enhanced content delivery capabilities from Instart Logic
August 31, 2017 31 Aug'17
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