IT for financial services
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News
31 Jan 2023
Crédit Agricole tests quantum in finance
The corporate and investment bank has run experiments with Pasqal and Multiverse to demo quantum computing in finance Continue Reading
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News
31 Jan 2023
Zurich Insurance Group plots multiyear move to AWS public cloud
Multiline insurance firm Zurich is plotting a move to the AWS public cloud to help revamp its customer offerings Continue Reading
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News
15 Aug 2019
Most UK financial firms hit by cyber attack in the past year
The majority of UK financial companies are failing to prevent cyber security incidents, mainly because of employees failing to follow security policies and a lack of security budget, a survey reveals Continue Reading
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News
14 Aug 2019
UK finance regulator gives extra time for companies to meet payment security rules
Financial Conduct Authority gives companies under its watch an extra 18 months to meet an EU payments security standard Continue Reading
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Feature
13 Aug 2019
What 5G applications will transform your business?
The UK’s mobile network operators have started work on their 5G roll-outs, but what applications are most likely to gain enterprise traction for the new standard? Continue Reading
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News
13 Aug 2019
Breach cost $53m in Q2, says Desjardins
Credit union cooperative Desjardins reveals that a data breach in June cost the company $53m in the second quarter, but that could be just the start, warn industry commentators Continue Reading
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Feature
13 Aug 2019
Financial services and cloud: Delivering digital transformation in a highly regulated industry
The financial services community has gone from being one of the least likely sectors to adopt cloud to becoming one of its keenest users, as regulator attitudes to using the technology have become more accommodating Continue Reading
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News
09 Aug 2019
F-Secure warns of F5 Big IP-related security issue
F-Secure has discovered security issues relating to an F5 device that it says could potentially turn hundreds of thousands of load balancers into beachheads for cyber attacks Continue Reading
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News
08 Aug 2019
Ransomware a continued threat to business, report warns
Businesses are increasingly becoming the most popular targets for ransomware, which remains a top cyber threat around the world, especially in the US, a report reveals Continue Reading
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E-Zine
08 Aug 2019
CW Benelux: Dutch academic hunts the personality behind the hacker
Rutger Leukfeldt, senior researcher on cyber crime at the Netherlands Institute for the Study of Crime and Law Enforcement, is working to help organisations understand the personalities behind criminal hackers. Also in this issue, read about research that shows over half of Dutch organisations admit their knowledge of blockchain is substandard. We also feature an article about ABN Amro’s work with researchers to explore how quantum computing can be used to secure online banking. Continue Reading
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News
07 Aug 2019
Shared files in the cloud are a top ransomware target
Vectra 2019 Spotlight report shows recent ransomware attacks cast a wider net to ensnare cloud, datacentre and enterprise infrastructures Continue Reading
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News
06 Aug 2019
African bank foils suspected North Korean cyber attack
An African bank is among the financial institutions to be targeted by North Korea’s multi-billion dollar cyber theft campaign to support its weapons programmes Continue Reading
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News
05 Aug 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
05 Aug 2019
Nordic banks move into wearable payment technology
Payment by watch or watch strap is now an option for customers of two banks in Sweden Continue Reading
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News
01 Aug 2019
Nationwide plans 750 tech roles at new digital hub in London
Building society is setting up its first major tech presence in London to help it access deep skills pool Continue Reading
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News
01 Aug 2019
London Stock Exchange agrees to acquire Refinitiv for £22bn
The London Stock Exchange has agreed to a multi-billion pound takeover of data giant Refinitiv Continue Reading
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News
31 Jul 2019
Cisco pays $8.6m after whistleblower discloses security flaws in video surveillance system
James Glenn, a video surveillance expert working for a Cisco reseller in Denmark, alerted Cisco to security faults and stands to gain a share of a multimillion-dollar settlement with the US government Continue Reading
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News
31 Jul 2019
Financial services top cyber attack target
Financial services are among the most attractive targets for cyber attackers, security researchers reveal, with phishing and credential stuffing among the top threats Continue Reading
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News
31 Jul 2019
Middle East businesses welcome Amazon Web Services region launch
Bahrain AWS region, with three datacentres, links Middle East to AWS's global network and will help to accelerate digital transformation Continue Reading
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30 Jul 2019
Deutsche Bank’s public contraction marks a major breakthrough for fintech startups
German bank is cutting costs overall but is investing more in the latest digital technology as fintechs chip away at banking business Continue Reading
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E-Zine
30 Jul 2019
Digital takes the racing line in Formula One
In this week’s Computer Weekly, we talk to the CIO of Formula One racing team Haas F1 to find out how technology is helping to compete with better-funded rivals. We examine the latest best practice advice on disaster planning. And we look at what the troubles at Deutsche Bank tell us about the rise of fintech startups. Read the issue now. Continue Reading
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News
30 Jul 2019
London Stock Exchange eyes £22bn acquisition of Refinitiv to expand data capabilities
The London Stock Exchange is looking at a huge tech acquisition to provide customers access to a wealth of data services built using the latest technologies Continue Reading
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News
30 Jul 2019
Former AWS engineer arrested for Capital One data breach
Capital One announces data breach affecting more than 100 million customers as US federal authorities arrest a Seattle woman formerly employed by Amazon Web Services Continue Reading
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News
29 Jul 2019
Visa card vulnerabilities enable contactless limit bypass
Security researchers have discovered vulnerabilities on Visa cards that could be exploited to bypass contactless payment limits and result in huge losses Continue Reading
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News
29 Jul 2019
TSB takes another £36m hit related to botched IT migration
TSB has been stung for another £36m in costs related to its botched IT migration last year, but managed a profit in its latest six monthly results Continue Reading
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News
29 Jul 2019
WannaCry hero Marcus Hutchins spared jail
British security researcher who helped halt the global WannaCry ransomware attack that hit the NHS in 2017 has avoided jail in the US for creating other malware Continue Reading
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News
25 Jul 2019
Surge in UK businesses switching bank account providers
The UK system that makes it easy to change bank account has seen a surge in businesses taking up the service Continue Reading
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News
24 Jul 2019
Santander brings global digital services under one roof
Spanish banking giant Santander Group is creating a global digital unit as part of its transformation plans Continue Reading
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Blog Post
24 Jul 2019
Innovate Finance expands national network with three regions added
Innovate Finance is continuing to expand its network of fintechs with agreements with three regional hubs Continue Reading
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News
24 Jul 2019
Smart technology will transform Dutch neighbourhood
A programme in the Netherlands is creating a smart neighbourhood as a pilot for how people could live in the future Continue Reading
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News
22 Jul 2019
Morgan Stanley uses Box to power new Digital Vault
Bank has integrated the Box collaboration platform to provide a new, secure document-sharing service for its customers Continue Reading
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News
22 Jul 2019
Latest investments in Atom Bank will support cloud platform project
Bank has raised £50m more finance, which will contribute to funding its project to migrate to the cloud Continue Reading
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News
17 Jul 2019
Most security pros still concerned about public cloud security
Despite accelerated adoption of public cloud services by companies keen to benefit from increased efficiency, scalability and agility, most security professionals have reservations Continue Reading
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News
17 Jul 2019
Facebook accused of ‘breathtaking arrogance’ over Libra cryptocurrency plan
US senators grill Facebook’s David Marcus over social media giant’s plans to launch cryptocurrency Continue Reading
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Blog Post
17 Jul 2019
Latest UK fintech investment figures reflect the evolution of the sector
Investment patterns in the UK fintech sector reveals how the businesses in it are maturing Continue Reading
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News
17 Jul 2019
Deutsche Bank’s public contraction is a major landmark for fintech
German bank is cutting costs overall but is investing more in the latest digital technology as fintechs chip away at banking business Continue Reading
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News
16 Jul 2019
Manchester Metrolink gets contactless payments technology
Travellers using Manchester’s trams can now complete their journeys using contactless payment Continue Reading
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News
15 Jul 2019
Organisations turn to AI in race against cyber attackers
Businesses are racing to automate their defences as hackers and nation states launch increasingly sophisticated cyber attacks Continue Reading
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News
12 Jul 2019
SD-WAN in play: How software-defined solves core business challenges
For foodservice business HMSHost International and chemical products firm Element Solutions, both customers of networking supplier Aryaka, software-defined wide area networking technology is proving its mettle when it comes to solving core business challenges. Find out how. Continue Reading
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News
12 Jul 2019
Blockchain.com banks on Google cloud to support growth of cryptocurrency management platform
Blockchain.com reveals details of how it is ramping up its use of the Google Cloud Platform as the range of cryptocurrencies it supports grows, along with the size of its user base Continue Reading
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News
12 Jul 2019
Sweden’s SEB bank uses mob programming across business
Hack day sees 70 developers successfully demonstrate mob programming method that banking group is now using to develop applications in an agile way Continue Reading
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Feature
11 Jul 2019
Securing your mobile estate – best practice for CIOs
The prevalence of mobile devices in every part of daily life is shaping how enterprises make choices about software and network infrastructure, but how do businesses go about securing these vast new endpoint estates? Continue Reading
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News
11 Jul 2019
Zopa gets in-house tech ready for 2019 bank launch
Peer-to-peer lender tests out banking platforms in anticipation of launching products in the UK before the end of this year Continue Reading
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News
11 Jul 2019
Dutch privacy watchdog tells banks not to use customer payment data for marketing
Autoriteit Persoonsgegevens tells banks to respect client privacy and not to market products based on spending data Continue Reading
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Blog Post
10 Jul 2019
People that have never heard of the cloud enjoy cloud services, so why should open banking differ?
Open banking has some way to go before and banks' shouldn't pin all their hopes on Millennials Continue Reading
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News
09 Jul 2019
Deutsche Bank cuts jobs but increases tech spend
Deutsche Bank is making swingeing cuts to its workforce over the next two and a half years and has pinned its hopes on the latest technology to make it possible. Continue Reading
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News
05 Jul 2019
Challenger bank shuts up shop in UK amid uncertainty
Digital bank Fidor is ending its time in the UK, blaming uncertainties in the market Continue Reading
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Blog Post
05 Jul 2019
Fintech pioneer helps to give fintech treatment to debt financing after Fidor sale
The founder of digital bank Fidor has turned his attention to fixing the inefficiencies of debt processing at banks through technology and empathy Continue Reading
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Opinion
04 Jul 2019
Why Facebook’s Libra digital currency could run rings round the regulators
Facebook’s cryptocurrency isn’t really a cryptocurrency, nor is it really a money transfer network, but it’s been formulated in such a way that regulators might not be able to do anything to stop it Continue Reading
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News
04 Jul 2019
Nordic payments tie-up as Nets and Swish collaborate
Payments provider and app developer work together to test out mobile phone-based in-store payments system Continue Reading
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News
04 Jul 2019
Implementing IoT – overcoming barriers to commercial adoption
Tim Wright from the Institute of Telecoms Professionals reports from a recent seminar exploring questions around the barriers to commercial, at-scale adoption of the internet of things, and how to overcome them Continue Reading
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News
03 Jul 2019
Why PSD2 adoption in the Netherlands is lagging behind
The Netherlands appears to be falling behind in open banking, even though the Dutch are digitally proficient and are often early adopters of new technology. What is going on? Continue Reading
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Blog Post
03 Jul 2019
What do the fintechs think of Facebook’s cryptocurrency Libra?
Fintechs welcome Facebook Libra but realise the scale of the social media giant's challenge to make it work Continue Reading
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News
02 Jul 2019
CPS faces legal ruling over refusal to disclose emails with US on WikiLeaks and Assange extradition
A court will decide whether the Crown Prosecution Service can refuse to neither confirm nor deny the existence of correspondence with US on investigations into Julian Assange and WikiLeaks Continue Reading
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News
02 Jul 2019
Few UK firms are cyber insured despite financial losses
More than one-fifth of UK firms have been impacted financially by cyber attacks, yet potentially more than three-quarters of companies polled have never been insured for cyber-related losses Continue Reading
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News
01 Jul 2019
Huge jump in cyber incidents reported by finance sector
The number of cyber incidents reported by financial services firms increased nearly 12-fold in 2018 from 2017, mainly due to third-party failures, highlighting several key areas that need improvement Continue Reading
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Feature
01 Jul 2019
How to get the basics of mobile device management right the first time
When adopting mobile device management, there are often fears around implementation and whether or not the strategy is even required Continue Reading
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News
01 Jul 2019
The Great Eastern way to digital transformation
Regional insurance company Great Eastern has rolled out a new digital platform to better serve customers while morphing its DNA from the inside out Continue Reading
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News
28 Jun 2019
Visa modernises B2B global payments through open source blockchain
Visa is modernising cross-border business-to-business payments, with blockchain used to connect participating corporate Continue Reading
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News
28 Jun 2019
TIN coalition calls for industry action against cyber fraud
An industry group aimed at improving cyber security by tackling enduring challenges has called for collaboration in the fight against cyber fraud Continue Reading
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Feature
28 Jun 2019
Exploring UCaaS: The main benefits for enterprises
Getting unified communications-as-a-service right can mean more agility, higher productivity, and cost control Continue Reading
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News
28 Jun 2019
Interview: Yasmeen Al Sharaf, head of fintech and innovation unit, Central Bank of Bahrain
Yasmeen Al Sharaf heads up financial technology strategy at Bahrain’s central bank, which is on a mission to grow and diversify the sector in the Middle East island state Continue Reading
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News
27 Jun 2019
Dutch bank and researchers begin defence against quantum computing’s dark side
ABN Amro is working with QuTech to ensure that banks can protect data against quantum computers in the future Continue Reading
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Blog Post
27 Jun 2019
The ID Co passport to travel the internet: Fintech interview 23
The ID Co is offering businesses technology that has the potential of getting a mortgage approval in seconds Continue Reading
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News
26 Jun 2019
Commercial interests put customer security at risk, survey shows
Firms are bypassing security to push products and services into the market, increasing security risks for the organisation and its customers, a poll of information security professionals shows Continue Reading
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News
26 Jun 2019
Open banking could generate £18bn in value for UK SMEs and citizens
Consumers and SMEs could generate billions of pounds in value if open banking adoption reaches its potential Continue Reading
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News
26 Jun 2019
Wider threat campaign behind Wipro breach
A sophisticated, far-ranging threat campaign was behind the breach at Indian IT services firm Wipro in April, which was not an isolated incident, RiskIQ report reveals Continue Reading
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News
26 Jun 2019
Nordic public dispels fears over AI and welcomes its advance
People in the Nordic countries are more welcoming and less fearful of the advance of artificial intelligence than those in other regions Continue Reading
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Blog Post
26 Jun 2019
Scepticism and the challenges beyond for Facebook’s Libra
Facebook faces major hurdles to make Libra a success even if it overcomes the rampant scepitisim Continue Reading
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News
26 Jun 2019
Six arrested over €24m cryptocurrency theft
Police have arrested six people in the UK and the Netherlands in connection with the theft of cryptocurrency worth €24m Continue Reading
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News
25 Jun 2019
Half of Dutch IT decision-makers can’t explain blockchain technology
IT decision-makers in the Netherlands know that blockchain has significant benefits, but half don’t understand how to apply it Continue Reading
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News
25 Jun 2019
Three Finnish banks, one core IT platform
Can a shared core IT platform enable three Finnish banks to become more efficient yet maintain individual competitiveness? Continue Reading
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News
25 Jun 2019
Saudi banks trial blockchain-based identity technology at ATMs
Biometric and blockchain technologies are being used in tandem to provide ID verification at Saudi Arabian cash machines Continue Reading
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News
25 Jun 2019
UK firms downloading vulnerable open source software
Vulnerable open source software components are posing a security threat to UK firms, according to a report that also shows how best practice, including automation, can reduce the risk Continue Reading
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News
21 Jun 2019
Nominations open for UK’s security unsung heroes
The Security Serious cyber awareness campaign has opened nominations for the fourth annual cyber security Unsung Heroes awards Continue Reading
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Feature
21 Jun 2019
Disaster planning: How to expect the unexpected
Focusing too much on specific disasters rather than considering an organisation’s data protection, network security and process requirements, can lead to unpredicted vulnerabilities Continue Reading
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News
19 Jun 2019
Lloyds Bank uses community effort to push out DevOps
The developers and IT operations teams were once separate. Now they are one. The challenge is getting this to scale across the business Continue Reading
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News
19 Jun 2019
Looming private sector IR35 reforms prompts calls for gig economy-focused tax system overhaul
The growth of the gig-based economy has exposed weaknesses in the UK tax system – exacerbated by the IR35 reforms – that mean an overhaul is needed, panel claims Continue Reading
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Blog Post
19 Jun 2019
Fintech IT chiefs earn more than chief financial officers
Fintech IT heads are the top earners but this will change as the industry matures and needs for different skills Continue Reading
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News
19 Jun 2019
Luxembourg tech startups get premium connections
Luxembourg is at the centre of a continent with ambitious plans to develop a thriving tech industry, but what makes it different? Continue Reading
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News
18 Jun 2019
Facebook announces global digital currency Libra
Facebook is launching digital coin to open up affordable financial services to the world Continue Reading
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News
18 Jun 2019
Openreach trials will speed up broadband upgrade
Tests to focus on process of migrating households and businesses to fibre to the premise and voice over IP Continue Reading
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News
17 Jun 2019
DevSecOps is key to uniting opposing forces
Unifying DevOps and security teams with the aid of automation will bring harmony and added business benefits, says systems engineer Continue Reading
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News
17 Jun 2019
HMRC urged to delay April 2020 extension of IR35 rules to private sector by 'at least' 12 months
An analysis of the responses HMRC has reportedly received to its consultation on extending the IR35 tax avoidance reforms to the private sector suggests the tax agency is coming under pressure to put its plans on hold for at least 12 months Continue Reading
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Blog Post
17 Jun 2019
Lloyds bank adds savings and credit card to open banking
Lloyds Banking Group launches the latest edition of its open banking journey Continue Reading
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Feature
14 Jun 2019
AI storage: Machine learning, deep learning and storage needs
Artificial intelligence workloads impact storage, with NVMe flash needed for GPU processing at the highest levels of performance – and there are other choices right through the AI data lifecycle Continue Reading
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News
13 Jun 2019
AI-enabled cyber attacks a reality soon, warns Mikko Hypponen
Technology continues to shape human conflict and artificial intelligence will be no exception, so business needs to up its ability to detect attacks and respond, says security expert Continue Reading
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Blog Post
12 Jun 2019
Currencycloud takes Lego approach to payments infrastructure: Fintech Interview 22
Currencycloud offers emerging fintechs make chiild's play of building a payments infrastructure Continue Reading
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News
12 Jun 2019
From oil crash to tech startup boom in Norway
For countries highly dependent on oil, the global price crash had huge potential ramifications – one of which, in Norway, was the development of a thriving technology sector Continue Reading
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Opinion
11 Jun 2019
Why the rise of IT managed by the business is driving creative thinking
Organisations that encourage business units to implement and run their own IT systems have an edge over competitors that rely entirely on the IT department, research from Harvey Nash and KPMG reveals Continue Reading
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News
11 Jun 2019
Most code-signing processes insecure, study shows
The majority of organisations are failing to enforce security for code-signing processes, providing opportunities for cyber criminals, a survey reveals Continue Reading
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E-Zine
11 Jun 2019
Are schools delivering on digital skills?
In this week’s Computer Weekly, we look at the differing approaches to teaching computer science across the UK and assess the pros and cons of each. Our latest buyer’s guide examines the technologies and best practices of multicloud environments. And we find out what you get for your money when buying cyber insurance. Read the issue now. Continue Reading
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News
11 Jun 2019
Implementing Dmarc a top priority for UK
Basic email security should be a top priority for UK firms, followed by reducing third-party web exposure and monitoring data flows leaving the enterprise, a Rapid7 study reveals Continue Reading
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News
10 Jun 2019
TSB makes key appointment in IT restructure
Mark Curran moves from CYBG to head up reorganisation that will see control of TSB’s IT transferred to an internal team from parent company’s tech subsidiary Continue Reading
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News
10 Jun 2019
Large firms look to zero-trust security to reduce cyber risk
In the face of increasing cyber breach risk as organisations move to hybrid multi-cloud IT environments, just over half of large firms in Europe are planning a zero-trust approach to security Continue Reading
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News
07 Jun 2019
CIO interview: John Finch, Refinitiv
Refinitiv CIO John Finch says finding people with the right level of data science skills is his biggest challenge Continue Reading
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News
06 Jun 2019
Firms face targeted bespoke cyber attacks, dark web study reveals
Academic study exposes prolific availability and demand for tailored malware, network access and corporate espionage services, which suggests many firms’ cyber defences are below standard Continue Reading
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News
06 Jun 2019
Half of CFOs frustrated by complex accounting systems
Chief financial officers need to upgrade to easier-to-use accounting systems, but are strapped for time and lack the resources to make the right choices, according to survey Continue Reading
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Blog Post
06 Jun 2019
HSBC drops Connected Money and integrates best features to main mobile banking app
HSBC is taking advantage of fintech to test out features before fully integrating them into the main mobile app Continue Reading
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News
05 Jun 2019
CIO interview: Chris Worle, chief digital officer, Hargreaves Lansdown
Former marketing director is defining the newly created CDO role at the financial services firm, and is starting to appreciate the cultural changes involved in digital transformation Continue Reading
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Blog Post
05 Jun 2019
UK adults are increasingly opening accounts with new banks, finds Zopa research
UK consumers are increasingly opening multiple bank accounts Continue Reading
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News
05 Jun 2019
London could be world cyber risk leader, says ex-Lloyd’s chief
Collaboration across the cyber insurance, technology and security organisations in London could make the capital a leading world centre on these topics, says former Lloyd’s of London boss Continue Reading