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ComputerWeekly: Financial services IT news

UAE banks share information to combat cyber threats
Mon, 18 Sep 2017 19:15:28 EDT
Banks in the United Arab Emirates will share information on cyber attacks through a platform instigated by the country’s banking federation

Banks across Europe cut thousands of staff and branches as IT replaces them
Fri, 15 Sep 2017 11:00:12 EDT
Banks across Europe cut jobs and close thousands of branches as IT shakes the industry

FCA warns UK consumers of risks associated with initial coin offerings
Thu, 14 Sep 2017 08:15:40 EDT
The UK financial services authority has published warnings to consumers thinking of investing in initial coin offerings

Equifax confirms massive data breach was result of missed patch
Thu, 14 Sep 2017 07:00:12 EDT
Equifax appears to have failed to roll out a patch that might have stopped the massive breach of its systems

Enterprise appetites for cloud-based financial apps on the rise, Gartner research suggests
Thu, 14 Sep 2017 05:45:54 EDT
Research into corporate appetites for cloud-based financial apps suggest demand is growing faster than expected, claims Gartner

Trust could be last hurdle for insurtech dominance
Thu, 14 Sep 2017 05:30:06 EDT
Insurance startups that use the latest IT are gaining customers but still face challenges around trust, security and consumer awareness

Millions of customer records compromised in Equifax breach
Fri, 8 Sep 2017 07:45:48 EDT
Major security breach unfolded over a two-month period, and is thought to have affected 143 million customers in the US, as well as an undisclosed number of Britons and Canadians

Half of UK fintech firms confident in growth but have doubts over skills
Fri, 8 Sep 2017 07:15:11 EDT
UK fintech companies are confident that revenues will double over the next year, but have concerns over talent and customer take up of services

Thousands of Deutsche Bank employees will be replaced by robots
Thu, 7 Sep 2017 17:00:53 EDT
The CEO of Deutsche Bank said a "big number of staff will eventually be replaced by robots” as it looks towards artificial intelligence technology

Barclays Bank ahead of schedule in ring-fencing project
Thu, 7 Sep 2017 06:42:31 EDT
Barclays Bank is set to meet the government’s ring-fencing legislation well before the deadline

China cracks down on initial coin offerings
Tue, 5 Sep 2017 06:00:11 EDT
Financial services regulators in China have cracked down on the use of Initial Coin Offerings to raise funds

CIO interview: Adrenaline junkie leaps from big pharma to cloud services
Mon, 4 Sep 2017 07:00:22 EDT
Diana McKenzie, CIO of Workday and triathlon competitor, on analytics, data lakes and the relationship between IT and business

Two-thirds of British people have used contactless cards
Fri, 1 Sep 2017 07:45:42 EDT
The take up of contactless payment technology continues at a pace, according to research by Visa

European investors back cloud, IoT and big data for insurance sector
Fri, 1 Sep 2017 05:34:13 EDT
Investors are putting their money behind suppliers of technology to the European insurance sector

App-based challenger bank Starling enters next stage of its journey
Thu, 31 Aug 2017 07:43:40 EDT
Thousands of people are downloading Starling’s app every week as the bank builds its customer base

Suspected UK bank cyber attacker extradited from Germany
Thu, 31 Aug 2017 04:04:04 EDT
A British man suspected of cyber attacks on banks is back in the UK to face charges

Challenger bank Fidor reaches 200,000 customers
Wed, 30 Aug 2017 05:45:13 EDT
Fintech trailblazer Fidor now has more than 200,000 people using its banking services, but its CEO believes the fintech environment is getting tougher

Danske Bank taps into the cognitive capabilities of IBM Watson
Tue, 29 Aug 2017 04:52:28 EDT
Danish bank is using IBM Watson as part of a major IT outsourcing deal

CBRE: Cloud drives massive take-up of European colocation space in Q2
Thu, 24 Aug 2017 05:15:30 EDT
Real estate consultancy's latest look at the state of the European colocation market suggests cloud is continuing to drive supply and demand for datacentre space across the continent

Sub-prime lender links technology upgrade to financial problems
Wed, 23 Aug 2017 10:45:38 EDT
Lender partly blames new automation software for its poor performance

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