News

IT for financial services

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
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
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 05, 2018 05 Jan'18
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

January 05, 2018 05 Jan'18
London attracted record tech investment in 2017

London-based tech firms received record levels of venture capital funding last year
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
January 03, 2018 03 Jan'18
Top IT priorities for Nordic CIOs in 2018

Nordic CIOs tell Computer Weekly about their intentions for the year ahead
December 28, 2017 28 Dec'17
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
December 19, 2017 19 Dec'17
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
December 11, 2017 11 Dec'17
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)

December 11, 2017 11 Dec'17
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
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 10, 2017 10 Dec'17
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
December 08, 2017 08 Dec'17
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
December 06, 2017 06 Dec'17
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
December 06, 2017 06 Dec'17
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.
December 05, 2017 05 Dec'17
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
December 04, 2017 04 Dec'17
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
November 29, 2017 29 Nov'17
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
November 28, 2017 28 Nov'17
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
November 27, 2017 27 Nov'17
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
November 16, 2017 16 Nov'17
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
November 16, 2017 16 Nov'17
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
November 13, 2017 13 Nov'17
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
November 09, 2017 09 Nov'17
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
November 09, 2017 09 Nov'17
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
November 06, 2017 06 Nov'17
Bank of Scotland testing out artificial intelligence on customer iPhone app

Bank of Scotland pilots artificial intelligence within its iPhone banking app.
November 03, 2017 03 Nov'17
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
November 03, 2017 03 Nov'17
Monique Shivanandan leaves Aviva

CIO has left the insurance company after more than three years in the role
November 02, 2017 02 Nov'17
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
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 27, 2017 27 Oct'17
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
October 24, 2017 24 Oct'17
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
October 18, 2017 18 Oct'17
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
October 18, 2017 18 Oct'17
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
October 17, 2017 17 Oct'17
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
October 12, 2017 12 Oct'17
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
October 11, 2017 11 Oct'17
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
October 10, 2017 10 Oct'17
Some IT contractors earning more than £700 a day

Research shows 40% of contractors reach the average annual IT salary within three months
October 03, 2017 03 Oct'17
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
September 27, 2017 27 Sep'17
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
September 25, 2017 25 Sep'17
Amazon launches Middle East region

Amazon opens its latest delivery hub in Bahrain to serve customers in the Middle East
September 20, 2017 20 Sep'17
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
September 20, 2017 20 Sep'17
Blockchain tests delivering results and IBM seen as leader

Businesses that have invested in trials of blockchain technology will repeat their investments
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 14, 2017 14 Sep'17
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
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 07, 2017 07 Sep'17
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
September 06, 2017 06 Sep'17
European Union states question copyright law proposal

European states are questioning legality of a new copyright law proposed by the EU
September 05, 2017 05 Sep'17
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