IT for financial services
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News
26 Aug 2022
Making her mark in financial technology
Archana Manjunatha’s career in financial technology took her to the trading floors in India, where she learned the ropes of futures and options trading and the back offices of some of the world’s largest banks Continue Reading
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News
03 Aug 2022
More than 60% of world population will use digital wallets by 2026
Global take-up of digital wallets will accelerate over the next four years, driven by ‘super apps’ and QR code-based payments Continue Reading
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E-Zine
07 Nov 2019
CW Benelux: Dutch banks fight money laundering
Dutch banks are sharing expertise and resources to help reduce money laundering through their accounts. Also read in this issue how companies could lose loyal IT staff because salary rises do not match those at rival employers, and why a Dutch province is pioneering a no-code software development platform. Continue Reading
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Blog Post
07 Nov 2019
Tandem Bank embarks on international expansion
UK chanllenger bank embarks on international expansion in Hong Kong Continue Reading
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News
07 Nov 2019
Abu Dhabi AI university is key to UAE’s future as the oil dries up
Abu Dhabi’s fledgling artificial intelligence university is part of a highly ambitious 30-year plan to transform the UAE’s economy and culture Continue Reading
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News
05 Nov 2019
Cloud native core banking enables consumers to personalise what they buy
Google inspired core banking platform could help banks offer personalised products to millions of people. Continue Reading
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News
05 Nov 2019
Nordic private equity groups drive paytech investments as global actors hover
Private equity companies in the Nordic region are stepping up M&A activity as international tech firms eye acquisitions in the region Continue Reading
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News
05 Nov 2019
Goldman Sachs lends billions of dollars through Apple partnership
Apple Card issuing bank Goldman Sachs has already given billions of dollars in credit to iPhone users since Apple's credit card was launched Continue Reading
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E-Zine
05 Nov 2019
The benefits of API-first software development
In this week’s Computer Weekly, we find out how organisations are using an API-based approach to software development to boost digital initiatives. We examine the potential pitfalls in using cloud storage. And we talk to the Department for Work and Pensions about its four-year project to move from outsourced IT to the cloud. Read the issue now. Continue Reading
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News
04 Nov 2019
Brits moving to digital banking channel faster than people in the US
Digital banking services rapidly gain popularity, but digital banks face major challenges to make deeper inroads into traditional banks’ customer bases Continue Reading
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News
01 Nov 2019
Banks let customers down with mixed approaches to security
Treasury Committee report recommends new measures to tackle financial fraud Continue Reading
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News
01 Nov 2019
Nordea brings fintech for women by women
Bank’s female-only hackathon comes up with new ideas for financial services aimed at improving women’s financial wellbeing Continue Reading
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Blog Post
31 Oct 2019
TrueLayer set to expand its services through Visa network
Open banking specialist fintech will offer its APIs through payments giant Visa Continue Reading
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News
29 Oct 2019
Reykjavik: An IT ecosystem beyond the ice
Iceland is a small island between Europe and the US, and that is one of several reasons why it is attracting tech startups to its capital Continue Reading
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E-Zine
29 Oct 2019
IR35 reforms – the difficult decisions facing IT contractors
In this week’s Computer Weekly, we examine the difficult choices facing UK IT contractors from the controversial IR35 tax reforms. Social engineering is a major source of cyber security attacks – we look at mitigation strategies. And the IT chief at Mercedes F1 explains what it takes to support a world championship team. Read the issue now. Continue Reading
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News
28 Oct 2019
Stronger regulations needed to fix banking IT problems, say MPs
Regulators need to use more potent tools to get banks to sort out problems with their IT systems, as customers become more reliant on digital channels Continue Reading
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News
28 Oct 2019
P27 pan-Nordic payments system moves a step closer
Six regional banks sign shareholders’ agreements, agree business plan and make financial commitments to payments platform Continue Reading
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News
25 Oct 2019
Refinitiv appoints first female CTO after IT leadership shake-up
Alex Cesar steps up to be chief technology officer at financial service data provider Refinitiv, after previous CTO Phil Wellard took over as global CIO in September Continue Reading
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News
22 Oct 2019
Banks move to contain impact of Samsung biometric flaw
NatWest and Nationwide have moved to lock down their mobile banking apps after Samsung warned of a biometric security flaw on its Galaxy and Note S10 devices Continue Reading
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E-Zine
22 Oct 2019
Microsoft vs Google – who’s winning the cloud email race?
In this week’s Computer Weekly, there’s a two-horse race for dominance in the cloud email market between Microsoft and Google, but they are not alone – we examine the runners and riders. Our latest buyer’s guide looks at governance, risk and compliance solutions. And we assess the progress of public cloud in the banking sector. Read the issue now. Continue Reading
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News
21 Oct 2019
Equifax lawsuit offers more evidence against passwords
Equifax’s internal security policies were a mess and directly led to one of the largest recorded data breaches in history, according to a lawsuit, demonstrating fundamental insecurities inherent in the use of passwords Continue Reading
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News
18 Oct 2019
Two-thirds of UK financial services firms are using machine learning
The use of machine learning in the finance sector is set to increase as obstacles to its take up are not seen as being insurmountable Continue Reading
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News
18 Oct 2019
Huge rise in rogue banking apps driving fraud attacks
Fraud perpetrated through fake mobile apps purporting to be from legitimate banks has seen a statistically significant spike, says RSA Continue Reading
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News
17 Oct 2019
Barclays demonstrates proof-of-concept quantum clearing algorithm
Barclays and IBM researchers publish paper on a quantum computing algorithm for securities transaction trading Continue Reading
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Blog Post
17 Oct 2019
The demise of Lehman Brothers sparked Inbotiqa’s flame: Fintech interview 29
Following its demise former IT workers at Lehman Brothers used the experience they gained at the bank to create a tech start up Continue Reading
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News
17 Oct 2019
IR35 private sector preparation: What the banks’ take on the reforms means for IT contractors
With six months until IR35 tax avoidance reforms are extended to the private sector, a number of financial services firms are thinning out their contractor workforce – is that the way to ensure compliance? Continue Reading
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News
16 Oct 2019
Zopa continues in its mission to apply a Netflix user experience to banking
Zopa has made a credit scoring tool available as it continues to expand the portfolio of products it offers beyond loans. Continue Reading
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News
14 Oct 2019
Digital and innovation apprentices to start NatWest programme
NatWest is kicking off a tech apprentice programme, with its digital innovation hub set to play a key role Continue Reading
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News
14 Oct 2019
French and German banks end talks on challenger bank sale
After months of negotiations, BPCE's proposed sale of Fidor Bank to OLB has fallen through Continue Reading
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News
11 Oct 2019
Why would a bank that made billions of pounds’ profit cut thousands of staff?
HSBC is the latest bank to make thousands of staff cuts as even profitable businesses need to reshape themselves for the challenges that digital transformation brings Continue Reading
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News
10 Oct 2019
GoCardless gives 95% of its staff business intelligence at their fingertips
Fintech payments company GoCardless is enabling staff to carry out business intelligence queries themselves Continue Reading
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E-Zine
10 Oct 2019
CW Middle East: Saudi banks trial biometrics in ATMs
Biometric and blockchain technologies are being used in tandem to provide ID verification at Saudi Arabian cash machines. Also read about the first government organisation in Bahrain to migrate to Amazon Web Services, and an interview with Yasmeen Al Sharaf, head of fintech and innovation unit, Central Bank of Bahrain. Continue Reading
- 09 Oct 2019
- 09 Oct 2019
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News
08 Oct 2019
Sweden’s SEB explores core banking in the cloud
Swedish Bank is the latest organisation to agree to start using a Google-inspired, cloud-native core banking platform Continue Reading
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News
08 Oct 2019
Deutsche Bank to set up innovation division to drive digital transformation
More details about Deutsche Bank’s new technology division in internal company email Continue Reading
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News
07 Oct 2019
UKtech50 2019 – help us find the most influential people in UK technology
Computer Weekly’s annual search for the 50 most influential people in UK technology reaches its 10th anniversary – let us know who you would like to nominate for this year’s list Continue Reading
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News
03 Oct 2019
NatWest bank uses artificial intelligence to predict the future
NatWest is using artificial intelligence to help it paint a more accurate picture of future trends Continue Reading
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News
03 Oct 2019
IR35 reforms: Lloyds Bank contractors to get deadline on future employment status
Lloyds Banking Group is the latest large firm set to end engagement of IT contractors through personal service companies due to impending IR35 tax reforms Continue Reading
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Blog Post
02 Oct 2019
From university lab to mainstream Mambu provides cloud ERP system for banks: Fintech interview 28
Mambu started as a university project and is today offering cloud based banking services across the world. Continue Reading
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News
01 Oct 2019
IR35 reforms will prompt Barclays to re-engage contractors on PAYE terms, 'leaked email' suggests
Barclays is understood to have notified line managers via email on 30 September 2019 of its plans to phase out use of limited company contractors, ahead of the IR35 private sector reforms coming into force in April 2020 Continue Reading
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News
01 Oct 2019
Interview: James Smith, director of digital, Nationwide Building Society
James Smith says heading up the digital unit at Nationwide Building Society is the best job in the business Continue Reading
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News
27 Sep 2019
ABN Amro investigation lends weight to anti-money laundering collaboration by Dutch banks
Dutch authorities are investigating ABN Amro for possible failures to monitor and report potential money laundering activity Continue Reading
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Blog Post
27 Sep 2019
SIBOS audience applauds Boris Johnson’s loss in the Supreme Court
SIBOS audience welcomes UK governments defeat in Supreme Court with a round of applause Continue Reading
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News
26 Sep 2019
Nordic payment collaboration will ease cross-border payments
P27 and Mastercard to bring seamless cross-border payments across Norway, Finland, Denmark and Sweden Continue Reading
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News
20 Sep 2019
Enterprises can hire software robots at the push of a button
IPsoft is beta testing a marketplace where businesses can look at what software robots are available and interview them about their suitability to take roles Continue Reading
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Feature
19 Sep 2019
EBA outsourcing guidelines: What banks, fintechs and cloud providers need to know
The regulatory landscape for financial services and outsourcing will undergo a refresh this month with new guidance from the European Banking Authority. We look at what banks, fintechs and cloud firms need to do Continue Reading
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News
19 Sep 2019
CTO interview: Paul Clark, Tandem Bank
Tandem Bank’s chief technology officer had a close encounter with legacy banking when he left his previous job to pursue a career in fintech Continue Reading
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News
19 Sep 2019
Direct Line built an insurtech it can tweak a thousand times a day
Insurance group Direct Line has added a new business to its portfolio, designed to let it act as a sandbox for its digital journey Continue Reading
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News
18 Sep 2019
Emotet phishing botnet returns from summer vacation
The Emotet phishing trojan-turned-botnet is back in action after a three-and-a-half month break, say threat researchers Continue Reading
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Blog Post
17 Sep 2019
Fintech Bud cuts 20% of workforce
Fintech Bud is cutting support staff as it focuses on engineering open banking software capabilities Continue Reading
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News
17 Sep 2019
Travelex launches fintech platform for B2B customers
Travelex has launched a digital platform that enables businesses to use its services via application programming interfaces Continue Reading
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Opinion
17 Sep 2019
The five software testing techniques every software developer should know about
Five simple testing techniques that will help developers test their software systematically, thoroughly and quickly Continue Reading
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News
17 Sep 2019
Ecuador citizens’ data breach holds lessons for enterprises
What caused the mass breach of Ecuadorian citizens’ data, and what can businesses learn from it? Continue Reading
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Podcast
17 Sep 2019
Podcast: The Computer Weekly Downtime Upload – Episode 30
The Computer Weekly Downtime Upload podcast team returns from its brief summer hiatus to discuss HPE’s hardware refresh processes, the financial services industry’s changing relationship with cloud and a charity that is helping people with chronic illnesses find work in tech Continue Reading
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Blog Post
17 Sep 2019
PSD2 security deadline extension is not a reason for further can kicking
The extension of a compliance deadline for PSD2 should not be a signal for banks to reduce preperations Continue Reading
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News
16 Sep 2019
Gartner Catalyst: Prepare for web giants crushing your industry
Companies like Amazon and Alibaba are taking a bigger chunk of the customer journey, but they are also spreading across industry sectors Continue Reading
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News
13 Sep 2019
Ditch hoodies and hackers to encourage diverse security recruitment
The cyber security industry needs to address a systemic image problem if it is to succeed in recruiting more diverse teams Continue Reading
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News
13 Sep 2019
When AIs go to war: Autonomous cyber weapons ‘inevitable’
CISOs must start thinking about how to engage with intelligent, adaptive, non-human attackers, says Trend Micro’s Rik Ferguson Continue Reading
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News
13 Sep 2019
Dutch banks to work together in fight against money laundering
Dutch banks are sharing expertise and resources to help reduce money laundering through their accounts Continue Reading
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News
13 Sep 2019
Fintech lender increases loan limit as customer demand accelerates
Small business lender Esme Loans has increased its loan limit to quarter of a million pounds as businesses are drawn to its simple and fast digital platform Continue Reading
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News
13 Sep 2019
Industry opposition to no-deal Brexit hardens, says TechUK
A survey of TechUK members has found that 71% believe a no-deal Brexit at the end of October will negatively affect them in spite of their preparations Continue Reading
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News
12 Sep 2019
Less than quarter of fintechs prepared for no-deal Brexit
A survey reveals that less than a quarter of UK fintech companies have their businesses prepared for the UK's exit from the EU Continue Reading
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News
12 Sep 2019
Mirai descendants dominate IoT threat environment
Attacks leveraging compromised IoT devices are growing in size, scale and frequency, report security experts at F-Secure and Trend Micro, with Mirai-related botnets a major source of trouble Continue Reading
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News
12 Sep 2019
Bloomberg will move historic trading data to cloud in support of clients’ machine-learning ambitions
Bloomberg’s CIO for enterprise, Tony McManus, says its clients’ changing attitude to using cloud is changing the way the firm makes its real-time trading data available to the financial services community Continue Reading
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News
11 Sep 2019
Fintech Fluidly combines Google’s cloud and AI tech to ease SME cashflow management woes
London-based fintech Fluidly explains how its recent all-in move to the Google Cloud is supporting its continued growth, and delivers new features to customers faster Continue Reading
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News
11 Sep 2019
GDPR non-compliance worse than feared
Over half of UK businesses do not yet appear to be fully GDPR-compliant, and many have de-prioritised their compliance efforts Continue Reading
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News
10 Sep 2019
Brexit disrupts FCA exploration into data use in wholesale banking
The extra work for banks due to Brexit preparations has caused a delay to FCA work on the use of data in the wholesale banking sector Continue Reading
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News
10 Sep 2019
Inside NatWest Ventures
NatWest Ventures is helping NatWest bank to remain relevant to its SME businesses customer community through digital innovation Continue Reading
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News
10 Sep 2019
BT gears up to take on rogue drones
BT’s Enterprise unit is offering customers an anti-drone security solution to protect their physical sites from intrusion Continue Reading
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News
09 Sep 2019
Social engineering a factor in virtually all cyber attacks, report claims
Almost every single cyber attack will, at some stage, require a human to be tricked into doing something, according to research by Proofpoint Continue Reading
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News
09 Sep 2019
Loyal Dutch IT professionals not being rewarded enough, survey shows
Companies warned they could lose loyal IT staff because salary rises do not match those on offer from rival employers Continue Reading
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Blog Post
04 Sep 2019
Tandem Bank steps up its artificial intelligence training with appointment
Tandem Bank names seasoned artificial intelligence expert to drive its journey to personalise banking Continue Reading
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Opinion
04 Sep 2019
Businesses need to keep investing in tech and hope to avoid a no-deal Brexit
A no-deal Brexit could have serious consequences for the UK tech sector and skills base, making it more difficult to recruit technology specialists and hire freelancers Continue Reading
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News
04 Sep 2019
Danish MobilePay app moves away from mainframe
Danske Bank’s popular mobile payment app moves from mainframe to open source DataStax Enterprise built on Apache Cassandra Continue Reading
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News
04 Sep 2019
Nationwide Building Society harnesses low-code platform
Software development platform makes it quicker to build apps Continue Reading
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News
03 Sep 2019
CISOs think cloud safer, but security fears remain
The majority of information security leaders think cloud is now safer than on-premise, but security fears remain, with recently breached and highly regulated organisations most concerned, poll reveals Continue Reading
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News
03 Sep 2019
Allied Irish Banks selects cloud platform for digital transformation
Bank is streamlining its operations through a cloud platform from nCino Continue Reading
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Opinion
03 Sep 2019
Security Think Tank: Risk mitigation is key to blockchain becoming mainstream
What are the best and most effective ways information security professionals can use blockchain technology? Continue Reading
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News
02 Sep 2019
UK organisations join quantum comms pilot
Four UK companies are taking part in a pilot project to build the most secure communication infrastructure in Europe Continue Reading
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News
02 Sep 2019
TSB works with Silicon Valley tech firm to help SME customers take card payments
UK bank will offer its small business customers card-processing and point-of-sale technology by partnering with a fintech set up by Twitter CEO Continue Reading
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Opinion
02 Sep 2019
Security Think Tank: Blockchain – balance risk and opportunity for smart security
What are the best and most effective ways information security professionals can use blockchain technology? Continue Reading
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01 Sep 2019
CIO interview: Simon McNamara, chief administrative officer, RBS Group
Brought in after a catastrophic IT failure that affected 6.5 million customers, the IT chief at Royal Bank of Scotland Group says the bank is now a leader in innovation. Continue Reading
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News
29 Aug 2019
UK gets first millionaire ethical hacker
Six months after the first millionaire ethical hacker was announced, five more have been recognised, including a Briton, who have collectively discovered nearly 5,000 vulnerabilities Continue Reading
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Blog Post
28 Aug 2019
Don’t upset the Apple Card
Apple has reiterated its searing contempt for the hoi polloi that uses its products by releasing a physical credit card you’re not supposed to put in your wallet. The titanium card is, in Apple’s ... Continue Reading
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News
28 Aug 2019
Most UK firms ignore security in tech investments
Less than a quarter of UK firms prioritise security when investing in new technology, despite the threat of cyber attacks and data protection regulations, a survey reveals Continue Reading
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News
28 Aug 2019
Ransomware has evolved into a serious enterprise threat
Ransomware has seen a resurgence since the start of 2019, with cyber criminals changing code and tactics to target enterprises and local authorities for higher ransom payments, McAfee researchers warn Continue Reading
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News
27 Aug 2019
Employees, MSPs and developers top third-party risks
Employees, managed service providers and developers are the top sources of third-party risks in terms of data security, a survey reveals, highlighting the value of workplace monitoring Continue Reading
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News
23 Aug 2019
IR35 reforms: HMRC defends off-payroll rules guidance against "woeful" IPSE jibes
HMRC promises there are more preparatory materials in the pipeline to help the private sector prepare for the April 2020 IR35 rules, after IPSE brands its current guidance "woeful" Continue Reading
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News
22 Aug 2019
A helping hand from the Nordics in the eye of the GDPR storm
Nordic IT companies are well suited to supporting enterprises in their data protection projects, even though openness is more natural to them Continue Reading
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Blog Post
22 Aug 2019
UK businesses at risk due to PSD2 security standard myths re-emerging
UK businesses could put themselves at risk because of myths surrounding the PSD2 security standard Continue Reading
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E-Zine
22 Aug 2019
CW Nordics: Copenhagen woos tech startups
Copenhagen offers all the advantages startups need to get off the ground and many are setting up with the intention of staying there for the long haul. Also read how shipping giant Maersk is employing a cloud-first strategy to disrupt competition and build innovation, and why three Finnish banks are sharing a core IT platform. Continue Reading
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News
21 Aug 2019
UK banks outage caused by problem at US payment service provider
UK consumers were unable to access some banking services due to a hardware failure at a US payments provider Continue Reading
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Blog Post
21 Aug 2019
Still work to be done securing Open Banking as PSD2 deadline looms
Banks and retailers have work to do to ensure that open banking and PSD2 don't open doors for fraudsters Continue Reading
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Blog Post
20 Aug 2019
PSD2 creates more potential entry points for fraudsters
PSD2 widens the target for fraudsters preying on consumers through social engineering and other non technical attacks Continue Reading
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News
20 Aug 2019
Buyers think SD-WAN is too expensive and complicated
Building and maintaining an SD-WAN is perceived as a complicated endeavour, and the industry’s messages are not getting through, says a new report Continue Reading
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News
20 Aug 2019
Restaurant group pays staff almost £1m early through fintech app
Wagestream app enables Casual Dining Group employees to receive salary payments in advance for a small fee Continue Reading
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News
20 Aug 2019
Even fintech startups battling to meet cyber security challenges
A study shows that most fintech startups, like most banks, are failing to address vulnerabilities in the web and mobile applications, underlining the scale of the challenge Continue Reading
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News
19 Aug 2019
UK financial account takeovers up, report warns
Commercial cyber criminal services are helping to drive up the number of account takeovers, a fraud report for the first half of the year shows Continue Reading
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News
19 Aug 2019
First government organisation in Bahrain migrates to Amazon Web Services
Sovereign wealth fund’s internal IT team handled migration process, which has slashed the organisation’s technology operational costs Continue Reading
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News
16 Aug 2019
London Stock Exchange glitch delays trading
The London Stock Exchange suffered a 90-minute technical outage which prevented early trading in major stocks Continue Reading
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News
15 Aug 2019
European fintech investment continues to grow as global investment falls
European countries are continuing to see significant growth in financial technology investment as total global investment decreases Continue Reading