IT for financial services

National Cyber Security Centre to be UK authority on information security

The UK’s National Cyber Security Centre (NCSC) is to be the UK's one-stop authority on infosec, based in London and led by GCHQ's Ciaran Martin Continue Reading

What does the IT sector think of the UK potentially leaving the EU?

The referendum on the UK’s membership of the European Union is fast approaching and the country’s IT sector is taking sides Continue Reading

Australian girls believe online harassment is endemic

There are clear signals that online threats against women and attempts to invade their privacy are becoming societal norms in Australia Continue Reading

CIO interview: Charlotta Nyström, Kemira

Finnish chemical industry group CIO sees networking with other CIOs as an essential part of her job Continue Reading

Which IT services suppliers are European businesses most satisfied with?

TCS has won top spot for European customer satisfaction for the third year running, according to Whitelane Research Continue Reading

Fintechs want to take one-third of traditional banks’ business

Banks know they could lose large chunks of business to fintech firms, but if the challengers have their way, it will be more than expected Continue Reading

Atom Bank to offer artificial intelligence-based customer support

Digital bank is integrating AI into its mobile banking app for customers to access support Continue Reading

Nationwide unifies business and public Wi-Fi in 700 branches

Nationwide Building Society rolls out a unified Wi-Fi network across both its public and enterprise properties Continue Reading

Robots at your service

In this week’s Computer Weekly, we find out how financial services firms are investing in artificial intelligence to create robo-advisors to help customers with financial advice online. We ask if virtual reality is ready for mainstream business adoption or is still just an over-hyped technology. And we examine the key steps needed to successfully build smart cities using internet of things and networking technologies. Read the issue now. Continue Reading

Automated financial advice service causes RBS job losses

RBS announces job cuts as it invests in automated services designed to give online financial advice Continue Reading

Predictive maintenance brings efficiency to Trenitalia

New management system will help railway company reduce costs by applying predictive maintenance and data analytics to essential parts Continue Reading

Royal Mail becomes eighth accredited Gov.uk Verify provider

The Royal Mail is the latest provider to be accredited to support the government’s Gov.uk Verify identity assurance service Continue Reading

$1bn cyber bank heist thwarted by spelling error

Cyber thieves made 30 requests for the New York Federal Reserve to transfer nearly $1bn from the Bangladesh central bank’s account, but a typo and the volume of requests alerted banking officials Continue Reading

Indian suppliers are mopping up Nordic business

Indian IT suppliers are blazing a trail in the Nordic region with large deals and major local investments Continue Reading

Broadband will reach 40% of Vietnam households by 2020, claims government

The Vietnamese government announces plans to increase access to broadband networks for its citizens, proposing a figure of 40% in four years Continue Reading

DHL Asia-Pacific Innovation Centre incubates future logistics technology

DHL's innovation centre in Singapore is trying out the future logistics technologies it plans to introduce across its Asian business Continue Reading

CIO interview: Anders Candell, Stora Enso

CIO at Finnish pulp and paper manufacturer shares advice for shouldering a new CIO position and guiding the business towards innovative technology Continue Reading

Tech Nordic Advocates partners with Nordic Startup Conference

Tech Nordic Advocates, sister organisation of startup group Tech London Advocates, is partnering with the Nordic Startup Conference show in Copenhagen in March Continue Reading

Payments regulator wants banks to sell stakes in Vocalink

The UK payments regulator wants banks to loosen their grip on the payments infrastructure by selling off some of their stake in it Continue Reading

Cyber crime is fastest growing economic crime, says PwC report

More than half of UK organisations say they expect to be the victim of cyber crime in the next two years, suggesting it will become the UK’s largest economic crime, says a PwC report Continue Reading

Mapping technology turning Depok in Indonesia into smart city

Depok in Indonesia is using mapping technology to support its smart city ambitions Continue Reading

Dutch water wants to move beyond dipping its toes into big data pool

Dutch water company Brabant Water wants to use data to improve the service it provides to customers, as well as identify problems on its distribution network Continue Reading

Internet of things helps track endangered dugongs in the Philippines

Fishermen in the Philippines are using smartphones and apps to help conservationists protect an endangered species Continue Reading

HR technology heads to cloud in Finland

Computer Weekly talked to Finnish experts about Finnish enterprises moving to cloud-based HR IT systems Continue Reading

HSBC launches biometric security for mobile banking in the UK

Bank claims UK’s largest planned roll-out of voice biometric security technology, with more than 15 million customers in line for voice and fingerprint authentication services Continue Reading

CW Europe: February 2016

In Europe cloud is restricted and hybrid setups make use of local compute and storage. Continue Reading

Middle East telecoms operators face up to IoT smart city challenges

As smart city initiatives spring up in the Middle East, telecoms operators contend with the strain of the internet of things (IoT) on networks Continue Reading

Electronics supplier RS Components outsources business process systems in online push

Electronics manufacturer RS Components outsources its corporate software development to Atos in a bid to modernise its customer services Continue Reading

Telstra is transforming Australian IT infrastructure

Telco is transforming its IT operation to make better use of the cloud, data and application programming interfaces Continue Reading

Sweden’s NFT Ventures looks to Finland for fintech startups

Swedish startup fund that targets financial technology developers has expanded its reach into Finland Continue Reading

US IT professionals overconfident in cyber attack detection, study finds

Most US IT professionals are confident in key security controls to detect cyber attacks – but unsure how long it would take automated tools to discover a breach Continue Reading

CIO interview: Ismo Platan, SSAB

Retiring CIO of Swedish steel company tells Computer Weekly about the progress made in merging two Nordic steel firms and looks at the biggest hurdles that lie ahead Continue Reading

Digital internships in India with TCS now open to UK graduates

India’s biggest IT supplier, Tata Consultancy Services, plans to recruit 1,000 UK graduates for paid internships over the next four years Continue Reading

The OpenStack Foundation: Building enterprise trust in open-source clouds

With HMRC and the European Commission emerging as OpenStack adopters, the OpenStack Foundation's CEO explains how it has set about winning over the enterprise with its open-source cloud platform Continue Reading

Paym usage doubles every six months

Mobile payments provider says use of its mobile payments service is increasing by about four times each year Continue Reading

Insurance giant RSA announces another outsourcing deal

Insurance company RSA has penned its second major outsourcing contract in a week as it extends a BPO contract with Accenture Continue Reading

AstraZeneca IT insourcing exceeds expectation

The man heading up AstraZeneca’s project to insource its IT updates Computer Weekly on progress and explains the early benefits being reaped Continue Reading

How software protects people

In this week’s Computer Weekly, we find out how software is helping to maintain safety in high-risk sectors like oil & gas, aerospace and healthcare – and what lessons they hold for other organisations. We offer six tips from CIOs for innovation with data. And after the HSBC cyber attack, we examine the continuing threat to businesses from distributed denial of service (DDoS) attacks. Read the issue now. Continue Reading

Assa Abloy outsources IT transformation to Wipro

Swedish lock maker has outsourced its IT infrastructure to Indian IT services firm Continue Reading

Post Office faces group litigation over Horizon IT as subpostmasters fund class action

Subpostmasters who claim to have been wrongly convicted of fraud take the Post Office to court after getting the funds for a group action Continue Reading

CIO interview: Johan Kestens, ING Belgium

ING Belgium’s CIO talks to Computer Weekly in depth about the technology-driven changes in the banking sector Continue Reading

Visa opens up its technology to developers

Software developers at fintech companies and banks are to be given access to Visa’s technology Continue Reading

Insurance giant RSA outsources to Wipro

Insurance group takes on infrastructure as a service from Indian supplier Wipro in a bid to consolidate its European IT Continue Reading

PAC criticises Universal Credit programme for lack of transparency

Public Accounts Committee report slates lack of transparency around Universal Credit and calls for specific plans for the roll out of the digital service to be made public Continue Reading

DDoS is most common cyber attack on financial institutions

January’s attack on HSBC is typical for the financial sector, but no business should consider itself unlikely to be targeted in this way, say security experts Continue Reading

Göteborg Energi outsources IT with €40m deal

Nordic energy company will use outsourcing agreement as a platform to modernise its IT environment Continue Reading

Malaysia builds smart traffic system in its Silicon Valley equivalent

Malaysia is testing out a traffic management system in the town of Cyberjaya, which is a test bed for smart city innovation Continue Reading

HSBC online services hit by DDoS attack

HSBC was hit by a distributed denial of service (DDoS) attack, which targeted its online personal banking services. Continue Reading

Five CIO tips for building an IT strategy in the digital age

CIOs and strategy experts share their experiences of creating an IT strategy that makes the most of the digital revolution Continue Reading

CIO interview: Jo De Vliegher, Hydro

The CIO at Norway's Hydro has established an IT department that allows for regional autonomy and central guidance at the same time Continue Reading

Could Sweden become the first cashless society?

Sweden is fast becoming a country where cash is on the periphery of payments, and some think it might be the first to become cashless Continue Reading

Wal-Mart to make huge data and analytics investment in India

Retail giant Wal-Mart is investing heavily in its IT development centre in Bangalore, turning the city into its most important centre outside the US Continue Reading

Alstom outsources IT transformation to HCL Technologies

Train engineering company Alstom has outsourced its IT to HCL Technologies as part of a five-year transformation project Continue Reading

Shout it out cloud: why Australian CIOs should use cloud to transform

CIOs in Australia, like everywhere else, must look at the cloud options available or face being left behind Continue Reading

Lacking the digital skills to shop online costs consumers £744 a year

If consumers are not shopping online for the best deals, they could be missing out on hundreds of pounds of potential savings Continue Reading

Bank of England CIO John Finch leaves for new role at Thomson Reuters

The Bank of England is dividing its technology team in two to replace departing CIO John Finch Continue Reading

Crunch time for Australian CIOs as analytics platforms drive strategy in 2016

CIOs in Australia and elsewhere will be expected to deploy technologies that promise to help them get more from the information they own Continue Reading

Bournemouth Council considers bringing IT back in-house

Bournemouth Council could bring IT and other services back in-house to gain more control over its budget and meet tough cost-cutting targets Continue Reading

CIO interview: Janne Aalto, Finnish telco DNA

When Finnish telco DNA wanted to transform its business, it made startup consultant Janne Aalto its CIO to lead the move to lean and agile Continue Reading

PwC acquires Polish cloud consultancy for European operation

PwC is buying Poland-based IT services firm Outbox to build its cloud skills and resources across Europe Continue Reading

Mobile services helping banks retain customers and add revenue

Investments in mobile banking services are helping banks increase revenue and retain customers Continue Reading

Government should exploit blockchain technology, says chief scientist Mark Walport

Distributed ledgers – the technology behind systems such as bitcoin – could transform public services, says government chief scientist Mark Walport Continue Reading

Offshoring IT services: Beyond the usual suspects

India is the prime location for offshoring IT – but it may not be the best fit for every business, and there are now many alternatives around the world Continue Reading

CIO interview: Kari Saarikoski, Finnair

Finnair is on a digital transformation journey and the airline’s CIO is changing the IT department as it progresses Continue Reading

GMB takes concerns over British Airways IT outsourcing to MPs

Trade union fears that the expansion of IT outsourcing at BA is a risk to security and will see UK jobs disappear Continue Reading

Police take action against cyber extortion gang DD4BC

Police have made one arrest and gathered evidence in searches of properties in an international operation aimed at cyber extortion gang DD4BC Continue Reading

India still top destination for global service delivery

Technological development and changing model for offshore business services and IT could threaten India’s dominance Continue Reading

How open source is beating proprietary software

In this week’s Computer Weekly, our latest buyer’s guide assesses the impact of open source software on corporate IT and how its growth is underpinning the digital revolution. We examine the prospects for cloud in financial services as regulators give their approval. And we ask if Uber is really part of a new business model for the so-called sharing economy. Read the issue now. Continue Reading

Closer co-operation in Asean with ICT masterplan

Asean countries will work more closely together on the region’s latest plan for increasing the use and benefits of IT Continue Reading

Mixed prospects for IT spending in Europe

Europe’s economies have varying expectations for IT spending over the next couple of years as the global market sees moderate growth Continue Reading

CIO interview: Mats Hultin, Saab Group

Saab Group's CIO talks to Computer Weekly about the huge challenge of integrating 40 separate IT organisations into one Continue Reading

HSBC suffers major online banking failure

HSBC customers unable to access online banking services as the UK bank suffers internal technical issue. Continue Reading

Fears of software skills shortage in Germany and the Netherlands

Organisations in Germany and the Netherlands are struggling to fill positions for software developers as they digitise Continue Reading

Asean countries consider IoT for smart farming

Malaysia is leading the way when it comes to using internet of things technologies to improve agriculture Continue Reading

Top 10 IT outsourcing stories of 2015

IT outsourcing is as popular as ever to organisations that want to focus on core business. Here we look at some of the top articles on the subject in 2015 Continue Reading

Top 10 financial services IT stories of 2015

The financial services industry is undergoing unprecedented change, driven by IT and regulation. Continue Reading

Top 10 cyber crime stories of 2015

Computer Weekly takes a look back at the top cyber crime stories of 2015 Continue Reading

Royal Mail acquires cloud platform

Royal Mail acquires cloud-based delivery company as automation and better use of data become essential in a rapidly changing sector Continue Reading

More than a quarter of Brits bank on mobile, but branches still popular

More and more people in the UK are banking on their smartphones, but more than a third still visit branches regularly Continue Reading

Etihad Airways chooses Cognizant to support digital transformation

Airline aims to improve customer satisfaction by implementing programme of digital developments Continue Reading

Russian big data in early stages

The use of big data technologies in Russia is still embryonic and the economic slowdown is stalling developments Continue Reading

The FCA is open to cloud – but what of the firms it regulates?

The Financial Conduct Authority (FCA) says cloud computing – even in its public form – is acceptable for finance organisations Continue Reading

Volvo finance department expands system support beyond Sweden

Volvo Group Treasury has extended an outsourcing agreement with Virtusa to give it the same support response times worldwide Continue Reading

DHL opens Singapore centre for logistics technology innovation

DHL has opened a centre in Singapore to research technologies that can be used in the logistics industry Continue Reading

Australian police raid home of alleged Bitcoin inventor

Australian police say a raid on a home in Sydney is not related to reports that the owner is the co-inventor of Bitcoin sitting on a fortune $415m Continue Reading

Low-cost Nordics expect datacentre growth

The Nordics offers advantages as a datacentre location, with each of its five countries offering something different Continue Reading

Sweden considers writing off IT student loans to attract more women

Sweden is considering writing off student loans for women who study IT in an attempt to improve the gender balance in the sector to support digitisation Continue Reading

Cyber attacks an increasing concern for Asean countries

Organisations in the Association of Southeast Asian Nations are increasingly the targets for cyber criminals, according to a report focused on the region Continue Reading

Change is in the air as Australia's Royal Flying Doctor Service applies analytics to everything

Australia's Royal Flying Doctor Service unearths additional benefits of data analytics following its decision to use Splunk software to analyse operational logs Continue Reading

India’s HCL opens Estonian operation to support Nordic customers

HCL Technologies opens an Estonian delivery centre which will support customers across Europe, including those in the Nordic region Continue Reading

UKtech50 2015 - The most influential people in UK IT

Computer Weekly's annual search for the 50 most influential people in the UK tech scene is complete - meet the winners Continue Reading

UKtech50 2015 - The most influential people in UK IT

Computer Weekly has announced the sixth annual UKtech50 – our definitive list of the movers and shakers in the UK IT sector Continue Reading

UKtech50 2015 - Computer Weekly's five rising stars

We select five IT leaders destined for great things, to recognise the rising stars of IT alongside our annual list of the 50 most influential people in UK technology Continue Reading

Security analytics needs practical approach, says Fico Ciso Vickie Miller

Analytics must form part of a comprehensive defence-in-depth strategy, according to chief information security officer (Ciso) Vickie Miller at software firm Fico Continue Reading

Balancing speed and risk in IT projects

In this week’s Computer Weekly, as IT leaders face boardroom pressure to roll out IT projects ever more quickly, we examine how to do that without running unacceptable risks. Michael Dell talks about how he sees the future for his company when it buys EMC in the largest IT acquisition in history. And we hear from IT chiefs about the challenges of implementing DevOps. Read the issue now. Continue Reading

CIO interview: Jesper Riis, DSV

IT plays a business-critical role at Danish logistics and transportation company DSV. CIO Jesper Riis tells Computer Weekly about his current challenges Continue Reading

CIO interview: Turkka Keskinen, UPM

Finnish paper and forest products firm’s CIO tells Computer Weekly about the journey towards cloud-only IT Continue Reading

Dridex banking Trojan regains strength to mount attacks on the UK

Fresh Dridex banking Trojan campaigns target the US, UK and France – despite a recent law enforcement takedown operation – warn security researchers Continue Reading

Technology helping to deliver aid for refugees

In this week's Computer Weekly, we find out how technology is helping to deliver vital aid to Syrian refugees in the Middle East. We look at the barriers to achieving the government's aim of a paperless NHS. And the CTO of special effects studio Framestore talks about the IT challenges behind hit movies such as Gravity. Read the issue now. Continue Reading

CIO interview: Lone Bundgaard, Coloplast

IT development head at Danish medical products and services company plays core role in major change to how the company engages with its customers Continue Reading