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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News
09 Mar 2018
Amazon bank could have 70 million customers in five years
Amazon could have more banking customers in the US than the UK has citizens within five years Continue Reading
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News
08 Mar 2018
How banks can make sense of digital disruption
Banks and financial institutions need to go back to basics, deconstruct their core banking processes and strive for zero defects in building applications, says the IT head honcho of Malaysia’s CIMB Bank Continue Reading
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News
08 Mar 2018
EC reveals plan to make Europe global fintech hub
The European Commission has unveiled proposals to boost the EU’s financial technology sector Continue Reading
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E-Zine
08 Mar 2018
CW Europe: Germany’s Lemoncat takes catering to the cloud
Business catering startup Lemoncat has taken advantage of the affordable cost of living in Berlin and is shaking up the catering sector by harnessing the Amazon and Salesforce clouds. Also in this issue, read how Moscow’s government is taking advantage of high penetration of broadband and mobile internet to expand innovative services under the Russian capital’s smart city programme, and how organisations in the Netherlands still have much to do to comply with the General Data Protection Regulation. Continue Reading
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News
08 Mar 2018
Tech City targets companies outside of London for next cohort in accelerator programme
Tech City UK has placed more of an emphasis on companies outside of the capital for its next accelerator cohort Continue Reading
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News
08 Mar 2018
CIO interview: Kevin Hanley, head of innovation, Royal Bank of Scotland
Royal Bank of Scotland's head of innovation talks to Computer Weekly about creating and supporting change, bringing different technologies together, and how 2018 could be the year blockchain innovation comes to fruition Continue Reading
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News
08 Mar 2018
Denmark’s MobilePay expands in Finnish market through deal with retailer
Deal with Finland’s largest grocery retailer helps mobile payment service spread its reach Continue Reading
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News
08 Mar 2018
Businesses warned not to ignore cryptojacking threat
Businesses should not ignore the threat of malware designed to carry out illicit cryptocurrency mining, warns NTT Security Continue Reading
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News
07 Mar 2018
Wi-Fi provider uses big data analytics to drive customer experience
The self-styled “Uber of Wi-Fi”, iPass is using Databricks’ Unified Analytics Platform and machine learning to monitor its worldwide network and help its customers get the best experience Continue Reading
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Blog Post
07 Mar 2018
The juxtaposition fuelling the challenger bank sector
Challenger banks are becoming the innovative digital arms of the traditional banks they set out to disrupt. Job done then? Continue Reading
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News
07 Mar 2018
World Economic Forum creates fintech focus group for cyber security
WEF consortium of companies will focus on protecting financial technology firms from cyber threats Continue Reading
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News
07 Mar 2018
Banks more confident than other sectors in face of digital disruption
Banks have accepted the changes brought about by digital disruption and are confident that new technologies will be core to their business success, according to a survey by Fujitsu Continue Reading
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News
06 Mar 2018
Amazon contemplating next move in banking sector
Amazon is in talks with a bank about setting up a current account that will appeal to young people Continue Reading
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News
05 Mar 2018
Yorkshire Building Society implements cloud banking platform
Yorkshire Building Society is using a cloud-based banking platform built on Salesforce.com to automate manual tasks Continue Reading
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News
02 Mar 2018
Bank of England chief calls for cryptocurrency regulation
Bank of England governor calls on cryptocurrencies to be regulated to protect financial system and reduce illicit activities Continue Reading
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News
02 Mar 2018
Equifax ups breach figure by a further 2.5 million
Credit rating agency Equifax has increased the number of US records believed to have been compromised in 2017 Continue Reading
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News
02 Mar 2018
Vast majority of consumers unaware of Open Banking consequences, research finds
Research shows most consumers have little or no knowledge of the Open Banking regulation and how it will affect them Continue Reading
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News
02 Mar 2018
Wearables join mobiles as high-growth payment methods
Banks must develop broad contactless payment strategies if they are to keep pace with consumer demand Continue Reading
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News
01 Mar 2018
Are mobile wallets about to make contactless cards look outdated?
Mobile wallets look set to take root as consumers increasingly use their mobile phones to pay for goods and services Continue Reading
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News
28 Feb 2018
Open Banking could bring an extra £1bn to UK economy
As a result of the Open Banking initiative, an additional £1bn could be available to drive the UK economy forward Continue Reading
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Blog Post
28 Feb 2018
Post 2008 early challenger banks are now the challenged
Virgin Money was one of the earlier challengers to traditional banks and is now creating a digital bank to keep up with the times Continue Reading
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News
28 Feb 2018
Virgin Money launches digital bank
Virgin Money is setting up a digital bank to expand into the current account and SME business account markets Continue Reading
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News
27 Feb 2018
Main business objective of fintechs is collaboration with traditional finance firms
Fintechs put working with traditional financial suppliers as their most important business priority Continue Reading
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News
26 Feb 2018
NatWest opens four UK fintech hubs
NatWest has expanded its financial technology support programme at a time when entrepreneurs are more apprehensive than ever Continue Reading
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News
26 Feb 2018
Cryptomining is top attack type, says Malwarebytes
Malicious cryptomining has been the top cyber criminal activity detected since September 2017, a report reveals Continue Reading
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News
26 Feb 2018
2018 could be year of mobile malware, says McAfee
Security firm announces several mobile industry partnerships as its latest mobile threat report shows mobile malware is becoming increasingly popular with cyber attackers Continue Reading
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Blog Post
26 Feb 2018
Traditional banks have ridden the storm and are emerging from the other side smelling of fintech
Traditional banks have profited from fintech which was seen as a risk to their businesses Continue Reading
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News
23 Feb 2018
RBS’s first profit in a decade accompanied by major first for mobile channel
News of its first profit in 10 years might overshadow a major first for the Royal Bank of Scotland’s mobile channel Continue Reading
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News
22 Feb 2018
Unprotected Kubernetes consoles expose firms to cryptojacking
A number of big companies have been targeted by crytojacking attacks, where cyber criminals hijack computing power to mine cryptocurrencies, but some have unprotected Kubernetes consoles in common Continue Reading
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News
22 Feb 2018
MPs run the rule over digital currency to identify risks and opportunities
MPs are taking a close look at the potential opportunities and risks associated with the UK adoption of cryptocurrencies and the technology that underpins them Continue Reading
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News
22 Feb 2018
First Direct pilots open banking platform
HSBC's internet banking platform is testing out its service that enables customers to put all their bank accounts, from multiple providers, in one place Continue Reading
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E-Zine
22 Feb 2018
CW Nordics: Nordics CIOs’ priorities in 2018
A select group of CIOs and analysts in Denmark, Finland, Norway and Sweden give their views on the top IT priorities in 2018. As in 2017, digital transformation will continue to be a buzzword. Also read how Sweden is tightening up its cyber security defences as part of a wider national security strategy, and how Nordic banks cannot afford to slow their digital transformations as PSD2 comes into force. Continue Reading
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News
22 Feb 2018
Email attacks and incident detection top security challenges
Email inboxes are the weakest link in security perimeters, and companies struggle with detecting security incidents quickly and accurately, a report finds Continue Reading
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News
21 Feb 2018
UK organisations failing to take action against fraud
UK organisations are facing increasingly complex and costly incidents of fraud partly due to increasing cyber fraud, yet few are making use of the anti-fraud technologies available, a survey has revealed Continue Reading
- 21 Feb 2018
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News
21 Feb 2018
Lloyds Bank announces three-year digital transformation
Lloyds Bank has announced plans to transform how it serves customers through substantial digital investment Continue Reading
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News
21 Feb 2018
Security leaders investing in automation and AI, study shows
Automation and artificial Intelligence are being used to defend against cyber threats, says report, but experts warn that these tools and technologies can be exploited by attackers Continue Reading
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Blog Post
21 Feb 2018
UK fintechs preparing for the worst Brexit
UK Fintechs are implementing their Brexit plans and it means the UK is losing jobs now could be bypassed for future roles Continue Reading
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News
21 Feb 2018
UAE makes artificial intelligence leap
The UAE is investing in becoming a global pioneer in the use of artificial intelligence technology in various sectors of its economy Continue Reading
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News
20 Feb 2018
UK finance regulator collaborates with US counterpart on fintech
The FCA is working with a US finance regulator to support financial technology companies on both sides of the Atlantic Continue Reading
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E-Zine
20 Feb 2018
Enterprise opportunities for smart speakers
In this week's Computer Weekly as voice-activated smart speakers grow in popularity, we examine how IT teams can use the technology in enterprise applications. Our latest buyer's guide looks at the latest developments in customer relationship management (CRM). And UK tech sector leaders tell Parliament why they are so worried about the industry's prospects after Brexit. Read the issue now. Continue Reading
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News
19 Feb 2018
Take-up of chatbots will accelerate over next two years
Chatbots and artificial intelligence are becoming an increasingly important part of customer services Continue Reading
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News
16 Feb 2018
US sentences two Russians for huge data breaches
The US has sentenced two Russian cyber criminals who targeted major payment processors, retailers and financial institutions around the world, as the US joins the UK in condemning Russia for the 2017 NotPetya attacks Continue Reading
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News
15 Feb 2018
F-Secure warns against ‘evil maid’ attacks
Business people are being urged not to underestimate the importance of physical security for their laptops, which can be used as entry points by attackers if not adequately protected Continue Reading
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News
15 Feb 2018
Cash will remain in use in Eurozone for a very long time, says central bank
Cash seems set to survive the onslaught of digital payments, at least in countries that use the euro Continue Reading
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News
14 Feb 2018
Technology spend growing at expense of trader salaries
Investment firms are spending a larger proportion of their budgets on software as data and artificial intelligence technology is seen to provide a competitive advantage Continue Reading
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News
14 Feb 2018
Blockchain to give global LGBT community a louder economic voice
Blockchain will underpin a global platform that aims to give the LGBT community a more powerful economic voice Continue Reading
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News
14 Feb 2018
Nordic banks plan common cross-border payment infrastructure
Banks in the different Nordic countries plan to move to a shared payments infrastructure Continue Reading
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News
14 Feb 2018
Australia’s national payment system will ease peer-to-peer payments
New Payments Platform is expected to accelerate the decline of cash and cheques in Australia, as well as simplify invoicing for businesses through overlay services Continue Reading
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News
13 Feb 2018
Cyber security awareness top priority in financial sector
Information security chiefs in the financial sector say cyber security awareness needs to be a top priority Continue Reading
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News
13 Feb 2018
Cryptocurrency mining consuming more electricity than Iceland’s homes
Cryptocurrency mining in Iceland could use more power than all the households in the country combined Continue Reading
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Blog Post
13 Feb 2018
How worried about Brexit are fintech companies?
Fintech companies could be the hardest hit tech firms in the UK if there is no good deal with the EU after Brexit Continue Reading
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News
12 Feb 2018
FS-ISAC enables safer financial data sharing with API
The global financial industry's body for cyber and physical threat intelligence analysis and sharing has published an API to facilitate safer sharing of consumer financial information Continue Reading
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News
09 Feb 2018
Belgian police share Cryakl ransomware keys
The Belgian police have released free decryption keys for the Cryakl ransomware through the No More Ransom project Continue Reading
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Blog Post
09 Feb 2018
UK fintech faces biggest hit if Brexit deal goes sour
The UK's growing fintech sector could be hit very, very hard by a bad deal or no deal between the EU and UK Continue Reading
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News
09 Feb 2018
Europe in the firing line of evolving DDoS attacks
The Europe, Middle East and Africa region accounts for more than half the world’s distributed denial of service attacks, a report from F5 Labs reveals Continue Reading
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News
08 Feb 2018
Norway’s government backs cyber defence mobilisation
Norway has accelerated plans to scale up its national security infrastructure against threats emanating from the cyber domain Continue Reading
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News
08 Feb 2018
Teenager suspected of crippling Dutch banks with DDoS attacks
A large distributed denial of service attack on banks and other organisations in the Netherlands, first thought to emanate from Russia, is now thought to have been launched by a local teenager Continue Reading
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Opinion
08 Feb 2018
Mobile biometrics set to be game-changer in APAC
Telcos, financial institutions and other industry players risk losing market share if they do not keep up with the demand for security, convenience and mobility Continue Reading
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News
07 Feb 2018
Stay of execution for RBS branches and free devices for some customers
RBS is offering free training and devices to some customers in Scotland to help them eventually live without bank branches Continue Reading
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News
06 Feb 2018
Lloyds Bank cuts CIO workforce
Lloyds Banking Group is changing the skills make-up of its IT team to support demand for digital services Continue Reading
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News
06 Feb 2018
UK leads international crackdown on Luminosity spyware
Law enforcement agencies shut down international support network for a hacking tool that allowed cyber criminals to gain remote control of victims’ computers Continue Reading
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Opinion
06 Feb 2018
Security Think Tank: Take care of security basics before automating
How can organisations evolve their security operations teams to do more automation of basic tasks and cope with dynamic IT environments? Continue Reading
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News
05 Feb 2018
Appeals court rules Lauri Love will not be extradited over US hacking charges
The lord chief justice, Lord Burnett, says 33-year-old engineering student Lauri Love will not be extradited to the US to face hacking charges, in a landmark legal decision, and the Crown Prosecution Service should bring proceedings against Love in the UK Continue Reading
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Blog Post
05 Feb 2018
Buying cryptocurrency on credit is so risky Lloyds Banking Group won’t let customers do it
If you are a Lloyds Banking Group credit card holder that fancies a flutter on cryptocurrencies ,think again it's banned. Continue Reading
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News
01 Feb 2018
European Commission eyes blockchain opportunity
The European Commission is aiming to get the most out of blockchain technology in a wide variety of sectors Continue Reading
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News
01 Feb 2018
Businesses urged to patch against cryptocurrency-mining botnet
Researchers have uncovered further evidence that cyber criminals are cashing in on the popularity of cryptocurrencies, with the discovery of a global cryptocurrency-mining botnet Continue Reading
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News
01 Feb 2018
Dutch companies not ready for GDPR despite approaching deadline
Organisations in the Netherlands are racing towards General Data Protection Regulation compliance, but there is still much to be done Continue Reading
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News
31 Jan 2018
Many businesses still using outdated security, says Troy Hunt
Too many businesses are using out-of-date approaches to security, a world-renowned cyber security author and trainer warns Continue Reading
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News
31 Jan 2018
GDPR requests to take thousands of hours a month, says survey
A recent survey predicts organisations will potentially face thousands of customer requests about their personal information every month, with many unprepared for GDPR compliance Continue Reading
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News
31 Jan 2018
Swedish banks embrace rapidly evolving chatbots
Artificial intelligence is playing an increasingly important business role for Sweden’s banks – and chatbots are the starting point for many Continue Reading
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News
31 Jan 2018
Carillion not a like-for-like comparison with IT services firms, but an overt reminder
Although Carillion’s problems are unlikely to hit major IT services suppliers, its collapse is a reminder of the need to ensure good governance Continue Reading
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News
30 Jan 2018
Davos: Cyber risks grow as countries turn towards protectionism
The cost of natural disasters is now at record levels, but the cost of cyber crime is far higher. The World Economic Forum hopes to persuade governments to work together on the problem, but with isolationist politics back in fashion, can it succeed? Continue Reading
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News
29 Jan 2018
Millennials set to disrupt authentication, shows IBM study
Young adults are lax on passwords, but are more comfortable than older generations with biometric and multifactor authentication, an IBM study shows Continue Reading
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News
29 Jan 2018
Hefty fines confirmed for CNI providers with poor cyber security
The government has confirmed that critical infrastructure providers with poor cyber security face fines of millions of pounds as the National Cyber Security Centre publishes new guidance for the industry Continue Reading
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Blog Post
24 Jan 2018
Fintech based banks need more differentiation to convince consumers to ditch traditional players
New banks are putting too much importance on their digital usability as a way to win over coustomers Continue Reading
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News
24 Jan 2018
Dark web Dream Market drives cyber fraud industry
An international operation shut down the AlphaBay and Hansa marketplaces in July 2017, but new ones have sprung up on the dark web, with one in particular helping to drive cyber fraud Continue Reading
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News
23 Jan 2018
Mastercard sets biometric ID deadline for banks
Mastercard has committed to guaranteeing that every one of its customers will have access to biometric authentication services by April 2019 Continue Reading
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News
23 Jan 2018
Interview: Kaspar Korjus, Estonian e-Residency lead
As the number of people signing up to become Estonian e-residents exceeds the country’s birth rate, Computer Weekly speaks to the man heading up the programme Continue Reading
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E-Zine
23 Jan 2018
Will banking regulations create a new Big Bang?
In this week's Computer Weekly, we look at two important new financial services regulations, PSD2 and open banking, which promise to revolutionise the industry by opening up customer data. We ask security researchers to explain the Spectre and Meltdown processor flaws and how to tackle them. And we examine the NVMe protocol and its likely benefits for storage technologies. Read the issue now. Continue Reading
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News
22 Jan 2018
NRF 2018: Cryptocurrencies “won’t take off”, says Visa executive
Visa’s CEO, Alfred Kelly, told retailers at the 2018 NRF Big Show that bitcoin and other cryptocurrencies should be low on their list of priorities Continue Reading
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News
22 Jan 2018
IT of world’s banks is moving on from crippling regulation
Banks need to invest more in fintech and IT skills as they emerge from years of stagnation Continue Reading
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News
22 Jan 2018
Cyber attackers exploiting trust in FTP servers
Some cyber attackers are exploiting trust in FTP servers to distribute malware, security researchers warn Continue Reading
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News
21 Jan 2018
Cloud firm speeds customer analytics with Pure Storage arrays
Cloudhelix replaces Pernix Data storage with Pure Storage FlashArray products to provide “brute force” performance approach for unpredictable customer workloads Continue Reading
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News
18 Jan 2018
Nordic IT executive interview: Daniel Kjellén, CEO, Tink
Sweden could have a head start in the race to open up banking through the European Union’s PSD2 regulation Continue Reading
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News
18 Jan 2018
Next-gen Mirai botnet targets cryptocurrency mining operations
A variant of the Satori botnet, a successor of the IoT device hijacking Mirai botnet, is designed to hijack cryptocurrency mining operations, syphoning off newly created digital coins Continue Reading
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News
17 Jan 2018
North Korean hackers tied to cryptocurrency attacks in South Korea
North Korea's Lazarus Group targeted South Korean cryptocurrency exchanges and users in late 2017, but may soon go after exchanges and users in other countries, warns report Continue Reading
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News
17 Jan 2018
Davos: Disintegration of the internet could create economic turmoil
Politicians and business leaders will discuss the risks posed by fake news, cyber attacks, and artificial intelligence to jobs, political stability and global security, at the World Economic Forum in Davos Continue Reading
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News
17 Jan 2018
UBS uses predictive analytics to manage its travel spend
Swiss bank is getting a better insight into its business travel costs through an automated software platform Continue Reading
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News
16 Jan 2018
Financial savings just the beginning for CIOs who understand code quality
Businesses need to understand the quality of the code in their applications if they are to avoid unnecessary costs and glitches Continue Reading
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News
16 Jan 2018
Abu Dhabi continues fintech agenda in 2018
Abu Dhabi is open to developing its fintech ecosystem, with the next 12 months expected to see more focus on the sector Continue Reading
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News
11 Jan 2018
Hard Brexit risks 92,000 UK science and technology jobs
Economic analysis commissioned by London mayor Sadiq Khan warns that thousands of jobs in science and technology sectors be at risk if UK crashes out of EU with no deal Continue Reading
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Blog Post
10 Jan 2018
As open banking hits UK is it time to dispel the Google Bank theory?
As the UK embarks oon a journey to open retail banking up to more competition it is time to stop talking about Google Bank? Continue Reading
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News
10 Jan 2018
UAE tech growth prompts firms to review internal IT security
As IT becomes more prominent in the UAE economy, more and more internal connections between people and systems are created, all of which need to be secured Continue Reading
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Feature
10 Jan 2018
Inside DBS Bank’s digital journey
The Singapore-based bank laid the foundation for its digital strategy a decade ago, starting with an overhaul of its IT systems before going big on cloud computing in later years Continue Reading
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News
09 Jan 2018
Dutch bank tests wearable technology payments
ABN Amro is testing out wearable payment devices with 500 customers as part of a four-month pilot Continue Reading
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News
09 Jan 2018
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 Continue Reading
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News
09 Jan 2018
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” Continue Reading
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News
05 Jan 2018
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 Continue Reading
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News
05 Jan 2018
London attracted record tech investment in 2017
London-based tech firms received record levels of venture capital funding last year Continue Reading