News

IT for financial services

• December 29, 2020 29 Dec'20

  Top 10 financial services stories of 2020

  Here are Computer Weekly’s top 10 financial services IT stories of 2020

• December 24, 2020 24 Dec'20

  Top 10 Middle East stories of 2020

  Here are Computer Weekly’s top 10 Middle East stories of 2020

• December 22, 2020 22 Dec'20

  Swedish central bank moves e-krona project to next stage

  Riksbank takes digital currency project to the next phase with Accenture building a platform to test the concept

• December 21, 2020 21 Dec'20

  Top 10 enterprise IT in the Nordics stories of 2020

  Here are Computer Weekly’s top 10 Nordic enterprise IT stories of 2020

• December 18, 2020 18 Dec'20

  Prepare for bringing people back to the office with the Nordic tech startup blueprint

  Business can learn lessons from Nordic tech startups to prepare employees to return to the office after Covid restrictions

• December 17, 2020 17 Dec'20

  Post Office suffers latest court defeat in Horizon IT scandal

  Court of Appeal indicates subpostmasters can pursue appeal route that could do more damage to Post Office’s reputation

• December 17, 2020 17 Dec'20

  Danske Bank fights money laundering with AI

  Danske Bank is using artificial intelligence to help it prevent a repeat of the huge money laundering scandal that hit one of its operations in Estonia

• December 15, 2020 15 Dec'20

  Covid-19 sparks boom in Middle East digital payments sector

  Stubborn cash use could fall in the Middle East after an acceleration in the take-up of digital payments amid the coronavirus pandemic

• December 15, 2020 15 Dec'20

  Interview: Sudaman Thoppan Mohanchandralal, chief data and analytics officer, Allianz Benelux

  The financial services firm is demonstrating the value of the chief data officer role

• December 11, 2020 11 Dec'20

  Agility key to pandemic recovery, say APAC CFOs

  Chief financial officers in the Asia-Pacific region call for financial transformation to bring about the agility that their organisations need to tide over the pandemic

• December 10, 2020 10 Dec'20

  Challenger banks hindered by lack of customer confidence

  Despite an acceleration in the use of digital banking services, challenger banks face the obstacle of winning customer trust

• December 08, 2020 08 Dec'20

  Societe Generale latest banking giant to cut costs and increase digital investment

  French bank Societe Generale is merging two retail brands and increasing investment in its digital offering to meet its ambitious customer acquisition plans

• December 07, 2020 07 Dec'20

  Singapore government to boost blockchain adoption

  Singapore government unveils S$12m programme to promote development and adoption of blockchain applications beyond financial services

• December 04, 2020 04 Dec'20

  What next for the now-profitable app-based Starling Bank?

  Starling bank is the first of the new breed of UK digital banks to make a profit, so where next?

• December 03, 2020 03 Dec'20

  Allied Irish Bank prioritises digital services as it cuts workforce

  Bank is cutting its operating costs by 10% with job cuts and facility closures, but will continue to invest heavily in technology

• December 03, 2020 03 Dec'20

  Bank of England enlists development partner to unlock cloud

  Bank has agreed a two-year deal with a cloud development platform provider as it seeks to take its cloud journey to the next level

• December 03, 2020 03 Dec'20

  Lax Android app developers putting millions of users at risk

  Eight months after Google patched a critical vulnerability, developers have failed to update their apps, putting millions of users of apps such as dating services Bumble and Grindr at risk

• December 02, 2020 02 Dec'20

  CIO interview: John Davison, First Central Group

  For the last nine years, John Davison has provided an IT strategy to drive business operations. Automation is the next phase of that strategy

• December 01, 2020 01 Dec'20

  ABN Amro to sell head office as it focuses on enabling remote working

  Dutch bank is selling its head office and redesigning another facility to facilitate increased home working

• December 01, 2020 01 Dec'20

  22,000 malicious .uk domains suspended in past year

  Nominet has suspended just over 22,000 domains in the 12 months to 31 October 2020, continuing a downward trend, and with less impact from Covid-19 than might be expected

• December 01, 2020 01 Dec'20

  Government covers its ears as complaint by victims of Post Office abuse heads to ombudsman

  Government denies responsibility for the abuse inflicted on subpostmasters by the Post Office over faulty IT system

• November 30, 2020 30 Nov'20

  $60m Middle East tech fund targets 120 startups

  Venture capital fund expects rapid regional technology growth in the post-Covid-19 world

• November 27, 2020 27 Nov'20

  CIO interview: Simon Bateman, Allica Bank

  Challenger bank has built its entire core banking system from scratch using the Azure public cloud and an API ecosystem

• November 26, 2020 26 Nov'20

  Data safes will give users control over their data

  Belgian computer scientist tells Computer Weekly how people can regain control of their online personal information

• November 26, 2020 26 Nov'20

  Robots taking jobs, but creating careers

  Robotic process automation developers tell Computer Weekly about the job they never expected to be doing

• November 25, 2020 25 Nov'20

  Securing UK’s critical national infrastructure is a 2021 priority

  Government outlines the UK’s strategic cyber security policies for the coming 12 months, with critical national infrastructure a clear priority

• November 24, 2020 24 Nov'20

  Fintechs take stock amid economic shocks

  Survey reveals that the top priority for 10% of UK fintechs next year will be to survive the double blow of Covid-19 and Brexit

• November 23, 2020 23 Nov'20

  Finnish finance giant pilots fingerprint payments

  OP Financial introduces biometric security technology to enable higher-value payments to be made safely using contactless cards

• November 17, 2020 17 Nov'20

  HMRC warns over uptick in Self Assessment tax scams

  HMRC issues updated warnings as 2021 Self Assessment deadlines loom

• November 17, 2020 17 Nov'20

  Financial services data volumes heighten risk of insider breach

  Financial services organisations hold so much data that it is becoming virtually impossible to safeguard properly against data breaches caused by malicious or careless employees

• November 13, 2020 13 Nov'20

  IT Priorities 2020: European IT budget share reflects home-working challenges brought by Covid

  European organisations are being forced to redivert more limited budgets during the pandemic

• November 13, 2020 13 Nov'20

  Ticketmaster fined £1.25m by ICO for failing to protect customer data

  Ticket website’s customer data was exposed through an attack on a third-party chatbot

• November 13, 2020 13 Nov'20

  UKtech50 2021: Help us find the most influential people in UK IT

  Computer Weekly’s annual search for the 50 most influential people in UK IT is on – let us know who you would like to nominate for this year’s list

• November 12, 2020 12 Nov'20

  Financial Stability Board says it’s time to talk about IT outsourcing risks

  International organisation that monitors the finance sector asks for the industry to discuss the risks that IT outsourcing brings to the sector

• November 12, 2020 12 Nov'20

  TCS acquires Prudential Financial tech operation unit for free

  Hot on the heels of its €1 acquisition of Deutsche Bank’s Postbank Systems IT unit, TCS has taken on 1,500 people from the insurance giant’s Ireland-based IT unit

• November 11, 2020 11 Nov'20

  Tim Berners-Lee startup releases decentralisation tech to enterprises

  Roll-out of Inrupt’s decentralised privacy technology to four large organisations is helping the startup to develop explicit use cases, which it hopes will prove the tech and lead to faster adoption

• November 11, 2020 11 Nov'20

  Norway has lowest physical cash use in the world, says report

  Norway claims to use less cash as a proportion of total spending than any other country across the globe, according to a study by its central bank

• November 11, 2020 11 Nov'20

  Lack of openness on Horizon errors remains as Fujitsu refuses to explain latest outage

  Subpostmasters are being kept in the dark about errors in the branch computer system they use, despite the Post Office and Fujitsu being slammed in court over their lack of openness

• November 10, 2020 10 Nov'20

  Deutsche Bank to sell retail banking IT unit to TCS for €1

  Deutsche Bank has agreed to sell its retail banking IT operation to one of its main IT suppliers for a token €1

• November 09, 2020 09 Nov'20

  Tampere’s perfect storm triggers a startup revolution

  Previously a hub for Nokia and Microsoft, Finland’s second-largest city is capitalising on a wealth of technical knowhow to become the dark horse of the Nordic startup scene

• November 05, 2020 05 Nov'20

  Consumer rights organisation warns of computer takeover scams

  Consumers warned to be on guard against criminals pretending to be IT support staff to gain access to personal banking information

• November 05, 2020 05 Nov'20

  BBVA creates market information infrastructure on AWS cloud

  Spanish bank BBVA is using Amazon Web Services to give its traders better access to market data following a project which also involved data provider Bloomberg

• November 05, 2020 05 Nov'20

  Mastercard: Looks like a tech firm, acts like a tech firm, is a tech firm

  Financial services giant finds itself in a prominent position as the volume of digital transactions increases

• November 04, 2020 04 Nov'20

  Nordic countries to develop common digital system

  Common digital platform will help small and medium-sized enterprises across the Nordic region with data sharing

• November 04, 2020 04 Nov'20

  Contractors claim IR35 reforms pose ‘bigger threat’ to their livelihoods than Covid-19 or Brexit

  Latest poll by contractor tax consultancy Qdos suggests freelancers are less concerned about the threat the coronavirus and Brexit pose to their businesses than the havoc the IR35 private sector reforms might cause

• November 03, 2020 03 Nov'20

  Robot lawyer gets Sberbank role

  Russia's largest state-owned bank creates a robot lawyer to reduce the time taken to process documents and make decisions based on them

• November 02, 2020 02 Nov'20

  Finnish government rolls out digital projects to support SMEs

  Finland is set to create network of technology hubs that will support SMEs in the country, as well as create links across the EU

• October 27, 2020 27 Oct'20

  ICO slams Experian over ‘invisible’ data processing

  Data processing practices used by Experian broke data protection law, says Information Commissioner’s Office

• October 27, 2020 27 Oct'20

  Covid crisis proves tech can replace office space and support cost-cutting at Barclays

  Bank says it will continue to look at its use of office space as it targets further cost-cutting measures

• October 26, 2020 26 Oct'20

  Dutch government ‘unambitious’ in digital

  The Netherlands has been working at home as much as possible since the outbreak of Covid-19, but its dependence on technology and connectivity does not seem to be reflected by the government’s approach to digitisation