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ComputerWeekly: Financial services IT news

AI and robots will 'create political instability' until humans find new occupations
Fri, 24 Mar 2017 08:45:42 EDT
The belief that advances in technology will create more jobs than they replace may no longer hold true

PSD2 – time to open and secure APIs and rethink business models
Wed, 22 Mar 2017 11:45:23 EDT
With the EU’s Payment Service Directive (PSD2) going into effect in January 2018, banks have no time to waste in preparing for the changes it will bring

Mashraq uses beacon technology to make financial life easier
Tue, 21 Mar 2017 20:15:44 EDT
In its latest fintech launch, the UAE’s Mashraq bank is deploying beacon technology to ensure its customers get the loyalty rewards they are entitled to

Half of banks think more payments will be via fintechs by 2020
Mon, 20 Mar 2017 22:00:09 EDT
Fintechs have gone from being an emerging threat to banks to an opportunity for collaboration, according to an EIU report

Openreach trains apprentice engineers in virtual reality
Mon, 20 Mar 2017 13:15:02 EDT
Openreach inductees get to experience an immersive simulation of life as an engineer, taking them up telephone poles and into underground chambers

Global business leaders hail UK tech sector’s innovation potential
Mon, 20 Mar 2017 06:55:34 EDT
KPMG report reveals global confidence in UK tech sector’s ability to create innovative products and services that are keenly adopted across the world

Middle East fintech sector to accelerate this year with UAE leading the way
Sun, 19 Mar 2017 20:15:56 EDT
The financial technology industry could be at the start of a period of rapid growth in the Middle East

Nordea goes beyond what is mandatory for PSD2
Thu, 16 Mar 2017 12:00:43 EDT
Nordic bank prepares for the introduction of the latest banking regulations through a platform that is open to third parties

Finance firms are vulnerable to cyber attacks, so why do customers think they are secure?
Thu, 16 Mar 2017 08:00:07 EDT
The public are overly confident in the ability of banks and financial institutions to protect their data, but that will change when mandatory reporting comes in next year under the General Data Protection Regulation

UK identity fraud reaches record levels
Wed, 15 Mar 2017 06:00:59 EDT
The UK fraud prevention service is calling for better education about fraud and financial crime as identity fraud, which is often cyber-enabled, hits the highest levels ever recorded

Nearly 2,000 Lloyds bank IT jobs set to move to IBM in £1.3bn outsourcing deal
Mon, 13 Mar 2017 06:45:49 EDT
Around 2,000 IT staff at Lloyds Banking Group are set to transfer to IBM as part of a seven-year IT outsourcing deal, says union

Finance data governance program gets new start, broader focus
Fri, 10 Mar 2017 10:58:28 EST
Businesses constantly need to evolve their programs for governing data. Nationwide's finance data governance team shares how it stepped up data governance strategy and processes.

Nordea brings social aspect to saving with fintech startup Spiff
Thu, 9 Mar 2017 04:45:28 EST
Nordea launches a mobile savings app from Norwegian finanical technology company Spiff

Abu Dhabi finance regulator pens fintech agreement with Singapore central bank
Wed, 8 Mar 2017 09:30:02 EST
The financial services regulator in Abu Dhabi is co-operating with its counterpart in Singapore to promote financial technology developments

Bank branches still more popular than mobile apps for new accounts
Tue, 7 Mar 2017 07:31:51 EST
Major research reveals the opportunities and challenges facing fintech firms

Challenger bank Monzo knocked down by card processor outage
Mon, 6 Mar 2017 08:37:28 EST
Bank’s customers unable to make transactions as third-party card processor systems go offline

Deutsche Bank creates group-wide CIO role
Mon, 6 Mar 2017 07:39:12 EST
New chief will drive technology transformation across the bank

Over 100 Norwegian banks join forces in mobile payments
Wed, 1 Mar 2017 06:27:32 EST
Nordic banks form an alliance on mobile payments and take over the Vipps platform

UK fintech investment down in 2016
Tue, 28 Feb 2017 07:15:43 EST
Investment in UK fintech went down in 2016 but is still ahead of 2014 numbers, according to figures from FinTech Global

Santander bank to work with IBM developing mobile apps for staff
Mon, 27 Feb 2017 10:15:46 EST
Santander bank wants to make its staff more productive through mobile apps, which it will create alongside IBM

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