News

IT for financial services

• May 09, 2017 09 May'17

  Highly skilled professionals at risk of being replaced by computers

  Highly skilled jobs will be replaced by artificial intelligence by 2022, says Gartner

• May 09, 2017 09 May'17

  Large UK businesses increasingly want CEOs to have IT background

  More large businesses in the UK want a CEO that has a good understanding of IT

• May 07, 2017 07 May'17

  Barclays launches £10m UK digital safety campaign

  Barclays is to lead a £10m campaign against digital fraud as research reveals London, Bristol and Birmingham are scam hotspots, with young adults most at risk

• May 03, 2017 03 May'17

  Mayor of London seeks chief digital officer

  Capital’s first-ever chief digital officer will oversee the digital transformation of public services across London

• May 02, 2017 02 May'17

  UBS applies data protection for compliance and competitive advantage

  Swiss bank UBS aims to get greater value out of investments in sensitive data protection systems by using its security capabilities as a differentiator

• May 02, 2017 02 May'17

  IT outsourcing going strong in the Nordics

  IT outsourcing is popular among companies in the Nordic region, but the market is changing

• April 28, 2017 28 Apr'17

  UBS reduces legacy dependence with Microsoft Azure

  Swiss bank begins its strategy of moving core systems into the cloud

• April 28, 2017 28 Apr'17

  Nordea strikes partnership with Swedish mobile payment startup

  Nordic bank links up with payments startup in its latest fintech project

• April 25, 2017 25 Apr'17

  UK trade department in New York to promote fintech firms

  Group of financial technology firms taken to New York to show off their knowledge of regulatory compliance software

• April 20, 2017 20 Apr'17

  Mastercard integrates biometric technology into cards

  MasterCard tests out biometric technology embedded into payment cards, with further trials in Europe planned

• April 20, 2017 20 Apr'17

  Banks suffer average of 85 attempted serious cyber attacks a year, and one-third are successful

  Banks face daily cyber attacks, many of which succeed in stealing data, research finds

• April 18, 2017 18 Apr'17

  Kone brings elevator maintenance online with IBM Watson and Salesforce

  Lift manufacturer is using sensors and artificial intelligence to support its maintenance staff

• April 11, 2017 11 Apr'17

  ‘Can do’ attitude of DevOps teams is driving cloud-first strategies

  The cloud-first strategies of businesses across sectors are maturing, with DevOps teams playing a leading role

• April 10, 2017 10 Apr'17

  IAM a core building block for GDPR compliance

  Identity and access management is key to enabling organisations to become compliant with the GDPR, increase security and improve customer relationships, according to a senior analyst at KuppingerCole

• April 10, 2017 10 Apr'17

  Outsourcing service left Scottrade Bank customer data exposed

  Mistake by outsourcing service provider left the details of 20,000 Scottrade Bank customers vulnerable to theft

• April 10, 2017 10 Apr'17

  Wonga warns 245,000 UK customers of cyber breach

  Loan firm urges customers to be vigilant after data breach that may have exposed personal details, including some financial information

• April 06, 2017 06 Apr'17

  Telenor launches IoT pilot in Norway

  Telenor is opening up its IoT infrastructure in Norway to encourage students and entrepreneurs to develop IoT products and services

• April 06, 2017 06 Apr'17

  Research fires warning at banks over branch closures

  Traditional retail banks cannot rely on customer loyalty if service levels drop as a result of branch closures and staff cuts

• April 06, 2017 06 Apr'17

  Interview: F-Secure’s Mikko Hyppönen on the Nordics, Russia and the internet of insecure things

  Computer Weekly sat down with Finnish cyber security expert Mikko Hyppönen to talk about security in the Nordics, Russia and the trouble with connected devices

• April 05, 2017 05 Apr'17

  Technology investments core to JP Morgan Chase success

  US investment bank is reaping the benefits of its $9.5bn annual technology spend

• April 05, 2017 05 Apr'17

  Australia’s Commonwealth Bank unveils data analytics platform

  Free platform made available to bank’s customers at a time when only 34% of the country’s SMEs are making data-driven decisions

• March 29, 2017 29 Mar'17

  Are ethical questions holding back AI in France?

  France has been slow to create a strategy around the use of artificial intelligence, partly due to questions around ethics

• March 28, 2017 28 Mar'17

  Threats grow in Saudi Arabia’s cyber sector

  Saudi Arabia's wealth makes it an attractive target for cyber criminals, but what have been the recent trends in cyber crime?

• March 17, 2017 17 Mar'17

  Singapore startup partners IBM to pilot blockchain technology

  Invictus’ distributed ledger prototype will offer financing options for small and medium-sized enterprises

• March 13, 2017 13 Mar'17

  Nearly 2,000 Lloyds bank IT jobs set to move to IBM in £1.3bn outsourcing deal

  Around 2,000 IT staff at Lloyds Banking Group are set to transfer to IBM as part of a seven-year IT outsourcing deal, says union

• March 10, 2017 10 Mar'17

  Paying ransomware attackers perpetuates attacks, says researcher

  Continually evolving ransomware is among the threats organisations need to factor into their cyber defences in 2017, but only once they have taken care of the basics, says Kaspersky Lab researcher

• March 09, 2017 09 Mar'17

  Nordea brings social aspect to saving with fintech startup Spiff

  Nordea launches a mobile savings app from Norwegian finanical technology company Spiff

• March 06, 2017 06 Mar'17

  Deutsche Bank creates group-wide CIO role

  New chief will drive technology transformation across the bank

• March 06, 2017 06 Mar'17

  3D printing gets serious in the Netherlands

  3D projects abound in the Netherlands, with the technology being applied to canal bridges, bicycles, ship components and buildings

• March 03, 2017 03 Mar'17

  Businesses blame rivals for DDoS attacks

  Industrial sabotage is considered to be the most likely reason behind a distributed denial of service attack, a study has revealed

• February 27, 2017 27 Feb'17

  Santander bank to work with IBM developing mobile apps for staff

  Santander bank wants to make its staff more productive through mobile apps, which it will create alongside IBM

• February 27, 2017 27 Feb'17

  Cyber criminals net £8bn from financial services in 2016

  Organised cyber fraud gangs are turning their attention to online lenders and emerging financial services, potentially netting £8bn in 2016, a report reveals

• February 24, 2017 24 Feb'17

  Banking malware, DDoS, ransomware and CEO fraud top UK cyber threats

  Businesses need to be aware of the value of their data, how that data is likely to be attacked, and how to defend against particular attacks, says leading UK cyber cop

• February 17, 2017 17 Feb'17

  HPE services and CSC to become DXC Technology

  The merger between HP's services division and CSC will launch in April 2017 and is expected to save the companies billions

• February 15, 2017 15 Feb'17

  UAE bank builds predictive marketing models

  Rakbank is using SAS analytics software to better understand its customers following a successful implementation of the supplier’s anti-money laundering software

• February 14, 2017 14 Feb'17

  HMRC rejects Gov.uk Verify

  HM Revenue and Customs says it won’t be using Gov.uk Verify, which could cause difficulties for the government’s target of having 25 million Verify users by 2020

• February 14, 2017 14 Feb'17

  Co-op Bank up for sale now legacy shift to IBM is complete

  Bank put up for sale just days after it completed a multimillion-pound migration of its legacy banking platform into an IBM datacentre

• February 13, 2017 13 Feb'17

  Santander introduces voice-controlled payments

  Santander has taken its voice-controlled banking initiative to the next phase, with customers now able to make payments by voice

• February 07, 2017 07 Feb'17

  Middle East and North Africa public cloud spend to hit $2bn by 2020

  Middle East-based organisations are turning to public cloud services, with software as a service driving a major year-on-year spending increase

• January 29, 2017 29 Jan'17

  Artificial intelligence will increase productivity by sharpening human mind

  The combination of AI and humans will triple productivity if businesses get the balance right for different roles

• January 26, 2017 26 Jan'17

  Mixed feelings on Australian enterprise app market

  The enterprise mobile app development market is attracting big money despite a lack of corporate appetite

• January 23, 2017 23 Jan'17

  Singapore and Indonesia stand out for IT spend in Apac banking sector

  Singapore is the top spender on IT for banking of all developed economies in the Apac region, while Indonesia has the fastest growth rate in IT spending

• January 23, 2017 23 Jan'17

  Lloyds Bank hit by massive DDoS attack

  It has emerged that UK banks have been targeted by a DDoS campaign that affected services intermittently only at the Lloyds Banking Group

• January 17, 2017 17 Jan'17

  Blockchain can cut investment bank infrastructure costs by 30%

  Investment banks can make huge cuts to their IT infrastructure costs through blockchain, according to analysis

• January 17, 2017 17 Jan'17

  HSBC appoints technology advisers to keep pace with IT changes

  Bank hopes to gain knowledge about technologies such as artificial intelligence and biometric security through its new technology advisory board

• January 15, 2017 15 Jan'17

  The evolution of smart Dubai

  Aisha Bin Bishr, director general at Smart Dubai Office, discusses how Dubai is evolving as a smart city with the support of local telecoms provider Du.

• January 13, 2017 13 Jan'17

  Davos: Technology poses new risks to jobs, economies and society

  Politicians and business leaders will discuss the risks posed by technology to jobs, political stability and cyber security at the World Economic Forum in Davos

• January 12, 2017 12 Jan'17

  Lloyds Bank digital banking problems an industry warning

  Lloyds Bank’s digital banking problems still unresolved after a second day

• January 11, 2017 11 Jan'17

  Tech focus helps Singapore go second in globalisation index

  Singapore is the second most globalised economy in the world and its IT infrastructure is critical to this achievement

• January 10, 2017 10 Jan'17

  Cyber security scare stories could sharpen focus at banks

  There are continual cyber attacks on banks, and although most are repelled, there is significant room for improvement